All Forum Posts by: Andrew Cordle

@Stephan Haas    

@ljeoma 

I have not used COGO before, I have talked to them about a couple deals and I know a couple of their brokers. Here are a couple things I noticed:

1. Their terms seem pretty high

2. They are wanting to be in a very strong position like only loaning purchase or very short term loans.

3. Their "brokers" have to pay 25k or 40k just to be able to be part of the "team". It seems as though it is really just a way to drive in brokers and make them pay upfront fees to promote their COGO money.

I am not saying don't use them or try them, but I am a little stand offish of them. 

AC

@Shane Huff

Hey Welcome to the site, I have some really good investors friends that do quite a bit. And they are about your age. You should look them Jared and Ryan Hussman.  (I don't think they are on BP) :(

Good luck let me know if I can help you with anything else. 

Andrew

@Germine James

@Azeez K. runs a pretty cool bi-monthly meetup that has a lot of good investors in attendance. No selling whatsoever. 

Also, there is  a Meetup in Atl on April 2nd from 9 to 3. 

That event will be held at Home Depot Corporate Office if you want to attend please PM me. 

Good Luck 

Andrew

@Brandon Turner

This is really a tough question because what one investor may want to pass up on another investor may focus on. That is truly on of the best things about investing, as there are so many investors and they each sordof have their own little plan or strategy.  

"One Mans Trash is another Mans Treasure" 

Saying that, I think the main thing I would stay away from is Mobile Homes. I am NOT saying you cannot make great cashflow on these please don't get me wrong. However, I have rehabbed and managed well over a 100 of these Mobile Homes. I could list several reasons why I think they are not a great investment. 

But one main easy reason is:

They are not built for long term, they are not build to withstand harsh conditions of weather. They use smaller framing, thinner walls, and the foundation is on wheels. They are actually made to slowly deteriorate over time. 

Again, I am not saying you cannot make money from them, but in general I stay away from them. 

AC

@Lucas Pfaff

I agree with JScott why does the agent need the GC as a partner?

But if you want some documents on how we do basic house JVs shoot me a PM and I will send you over a editable Joint Venture Agreement. 

Thanks

AC

@Philip E.

PM me if you want a copy of it that you could maybe use to modify it for yourself. 

AC

@Philip E.

Yes those numbers are for our Materials and Labor. It is not going to give us a direct to the penny quote but it a matter of minutes we can be pretty close. 

Where we are from to do houses like we do it is normally a 50.00 permit in one day. So it is not a big expense. 

AC

@John Dalton

Hello Bigger Pockets newest member!

I just wanted to take a moment and say hello as I also am an Atlanta-area investor. I live on the north-end of Atlanta but do most of my investing inside the city-perimeter. There are a couple good REIA's here in Atlanta that I would recommend you consider joining if you are not already a member. There are also some really good Atlanta-area investors on Bigger Pockets.

Here are a few tips for Bigger Pockets so you can get the most out of it:

Be sure to set up “keywords" for whatever type of investing you’re interested in with "Atlanta” obviously being the primary keyword.

Secondly, I try to read at least a blog per day, as well as listen to one podcast per week.

Lastly, try to get involved in the Bigger Pockets community. Don't be timid - share advice and ask questions!

Good luck. I hope to see you around Bigger Pockets as well as in the Atlanta-area market. I’m here if you have any questions!

Professional regards -

Andrew

@Brenden Conte

Hello "BP Newbie" and welcome to Bigger Pockets.

In the meantime here are 7 tips to help you grow your business using BP:

1. New to BP?

2. Develop your own business strategy. -- Don’t just be a “jack-of-all-trades"

3. Grow your business by developing your business plan. - Remember there is a difference between goals and a plan.

4. Locate and attend several different local REIAs as they’re great opportunities to network and meet wholesalers, lenders, and contractors.

5. Stay away from the “guru” sales-pitch events - they rarely increase your investment knowledge, they merely empty your wallet!

6. Spend 30 minutes a day on Bigger Pockets by connecting with “colleagues,” perusing blogs and videos, and engaging with others on the forums:

7. Set yourself up to receive free alerts to be notified of subjects that interest you:

Andrew

@Nicholas O.

Hello Bigger Pockets newest member!

I just wanted to take a moment and say hello as I also am an Atlanta-area investor. I live on the north-end of Atlanta but do most of my investing inside the city-perimeter. There are a couple good REIA's here in Atlanta that I would recommend you consider joining if you are not already a member. There are also some really good Atlanta-area investors on Bigger Pockets.

Here are a few tips for Bigger Pockets so you can get the most out of it:

Be sure to set up “keywords" for whatever type of investing you’re interested in with "Atlanta” obviously being the primary keyword.

Secondly, I try to read at least a blog per day, as well as listen to one podcast per week.

Lastly, try to get involved in the Bigger Pockets community. Don't be timid - share advice and ask questions!

Good luck. I hope to see you around Bigger Pockets as well as in the Atlanta-area market. I’m here if you have any questions!

Professional regards -

Andrew