Posts by Alan Cowgill
How to Handle Your Investors’ Money
Many banks and other lenders have overreacted to the sub-prime mortgage scare. As a result, it’s tougher than ever for people to get conventional loans. Even investors with spotless credit have to face new roadblocks that can ruin a great real estate opportunity. Over the years, I’ve learned that it pays to become your own…
Read MoreHow to Get Private Money Lenders to Trust You
“You are already of consequence in the world if you are known as a man of strict integrity.” – Grenville Kleiser In my last article for Early to Rise, I revealed 14 ways that private lenders can help you take your real estate business to an incredible level of success. Today, I’ll show you how…
Read MoreKiss Banks Goodbye
“Money is plentiful for those who understand the simple laws which govern its acquisition.” – George Clason When I started my real estate career, I heard about the necessity of finding private lenders. I even found two of them. But then I stopped because I didn’t get it. For four years, I continued to go…
Read MoreHow to Beat Real Estate Cash Flow Issues
“Happiness is a positive cash flow.” – Fred Adler Whether you’re an experienced real estate investor or just getting started, negative cash flow can cripple your business. I know this from some hard personal experiences early in my career – and I also know that there are many ways to bounce back. In early 2002,…
Read MoreBecoming Your Own Bank
“Money is better than poverty, if only for financial reasons.” – Woody Allen Susan was the last to report. With no small sense of accomplishment, she told the room of 227 attendees that she had managed to secure $1.5 million in commitments from private lenders. When we added the commitments obtained by other students at…
Read MoreThe Chicken-or-the-Egg Question for Investors
“Success is where preparation and opportunity meet.” – Bobby Unser Whether you’re buying $80,000 fixer-uppers or multimillion-dollar office towers in downtown Chicago, you have to answer the same two fundamental questions before making the decision to invest: Is the property a good deal? Can you get the money to buy it? So what do you…
Read MoreInvesting Obstacles
“Inaction breeds doubt and fear. Action breeds confidence and courage. If you want to conquer fear, do not sit home and think about it. Go out and get busy.” – Dale Carnegie Using private money helped Gary Brevko go from making $250,000 a year to making $30,000 to 40,000 a month doing real estate full-time.…
Read More12 Reasons Private Money Will Propel Your Real Estate Investments
“There is probably not more than one hundred dollars in cash in circulation today. That is, if you were to call in all the bills and silver and gold in the country at noon tomorrow and pile them on the table, you would find that you had just about one hundred dollars, with perhaps several…
Read MoreAvoid the Downside of Real Estate Investing
“I hate banks. They do nothing positive for anybody except take care of themselves. They’re first in with their fees and first out when there’s trouble.” – Earl Warren There are two difficult aspects of real estate investing. The first is finding the right property to invest in. The second is determining the optimal source…
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