Blog2020-02-07T19:26:36-08:00

COGO BLOG

Broker Success Series: Two Important Characteristics in Sales

A Paradigm Shift to Sales: #2 Two Important Characteristics in Sales In this edition of our Broker Success Series, Artur Budimir, Account Executive and Broker Success Advisor, talks about the sales mindset necessary for broker success There are many attributes of a good salesperson. If you have these two, that will be enough of a foundation to start developing the rest. Here they are: C _ _ _ _ _ _ _ _ _ _ A S_ _ _ _ _ M _ _ _ _ _ _ _ _ Any guesses? The first ...

By |February 2nd, 2022|Categories: Broker Success Series, Success Mindset|

70 Rule for Flipping Houses

In real estate, there are a ton of purported “rules” to follow. But which ones are actually worth your time? In this post, we’ll look at the 70 rule for flipping houses— what it is, how to follow it, and what benefits you can expect. So if you’re looking to get into the world of house flipping or simply want to better understand this popular strategy, read on! What is the 70 Rule for House Flipping? The 70 rule (or 70 percent rule in real estate) is a formula for flipping a house that ...

By |January 29th, 2022|Categories: Fixing, Flipping, Property Evaluation|

How to Become a Successful Money Broker

To be a successful money broker, there are certain things you need to do to make your clients happy. In this blog post, we'll go over the basics of how to become a successful money broker and offer insight into brokering private money loans. Keep reading to learn more! What Does a Private Money Broker Do? A money broker is an intermediary between private money lenders and borrowers. Real estate (RE) investors doing fix-and-flips can sometimes hit the ceiling with their lenders. Financial institutions, like banks, might be unwilling to lend to a real ...

By |January 16th, 2022|Categories: Entrepreneurship, Money Broker, Private Money Lending|

Broker Success Series: Building the Need

A Paradigm Shift to Sales: #1 Building the Need In this edition of our Broker Success Series, Artur Budimir, Account Executive and Broker Success Advisor, talks about the sales mindset necessary for broker success Sooner or later, everyone realizes the importance of being able to know how to sell.  It is a vital skill that you won’t get from parents, teachers, or schoolbooks.  And the sooner you lay down this foundation, the better and easier your life becomes. However, most individuals learn sales incorrectly because they witness it second-hand.  They are on the receiving ...

By |December 8th, 2021|Categories: Broker Success Series, Private Money Lending, Success Mindset|

Fix and Flip Loans for Beginners

Are you interested in getting into the fix and flip business? If so, you'll need to get financing for your projects. This can be a bit tricky if you're new to the game, but don't worry—we're here to help. In this post, we'll introduce you to fix and flip loans for beginners and tell you how to get started. Keep reading to learn more! What are Fix and Flip Loans? A fix and flip loan is a type of loan that finances the purchase and renovation of a property. These loans are usually short-term, ...

By |December 6th, 2021|Categories: Borrowing, Fixing, Flipping, Getting Started|

What Does ARV Stand for in Real Estate?

Rule No. 1: Never lose money. Rule No. 2: Never forget rule No.1 -Warren Buffett Real estate investors face several challenges when they first begin their property search. After finding a deal, the next step is calculating the numbers. Real estate investors are businesspeople first. Therefore, whatever deal they find, they need to understand if the property is a profitable deal. Will they make money? The answer is in the numbers and understanding what does ARV stand for in real estate is an important one. Read on to find out why. What is After ...

By |November 19th, 2021|Categories: Entrepreneurship, Flipping, Property Evaluation|

TOPICS

Fix & Flip Loans - Cogo Capital