Hey there, are you curious about The Capital Syndicate and wondering if it’s a scam or legit? Well, let me fill you in. Lee Arnold is the man behind this program and he’s promising a chance to earn passive income. Sounds pretty sweet, right? And get this, you don’t need a degree, good credit, or any previous work experience. All you need is an internet connection.
Now, you might be thinking, “Is this too good to be true?” Can this program really replace my 9-to-5 job and still meet my financial needs? As an internet entrepreneur, I’ve reviewed tons of programs, software, and even MLMs over the years. So, let me share with you what I know about The Capital Syndicate.
First things first, let me make it clear that I’m not affiliated with the program. So, you can trust that my words are completely unbiased. If you’re curious about whether The Capital Syndicate is a scam or not, keep reading for my review.
Table of Contents
What is The Capital Syndicate?
Capital Syndicate claims to help you make money in real estate without spending a lot of money upfront. The program involves referring real estate investors to Lee Arnold’s firm, Cogo Capital, and earning commissions based on the success of your referrals.
In addition to earning money through referrals, the program promises to connect you with Lee Arnold’s group of lenders, potentially helping you overcome your own funding obstacles in real estate investing. According to Capital Syndicate, using their services can give you access to a $71.6 billion private credit sector and yield ample financial benefits.
While the program offers the potential for earning commissions and accessing funding, there are some drawbacks to consider. Working as a representative of Cogo Capital means that a portion of your commissions may be claimed by the company. Additionally, the program’s success is tied to the real estate market, which can be subject to economic downturns.
Despite these drawbacks, Lee Arnold believes that the program will always be in demand since people will always need a place to live and investors are always looking for new homes to buy. However, it’s important to carefully consider the program’s benefits and drawbacks before getting involved.
Recommendation: Here’s The Best Alternative
Who is Lee Arnold?
Lee Arnold is a well-known figure in the world of real estate, with over 20 years of experience in private mortgage lending and hundreds of transactions under his belt. He is the CEO of Cogo Capital, a private company that provides financing for real estate investments such as “fix and flips.”
Lee is also the founder of Capital Syndicate, which offers investment opportunities to individuals interested in real estate. His expertise in private money mortgages has earned him recognition from top-tier media outlets, including Forbes, Business Week, and Reuters.
Lee is not only a successful businessman, but he is also a consultant and educator for organizations dedicated to promoting financial literacy. He has been teaching about financing agreements since 1995.
With his extensive experience and expertise, Lee Arnold is a highly respected figure in the field of real estate. Whether you’re a seasoned investor or just starting, you’ll want to keep an eye on what Lee and his companies are up to.
The Capital Syndicate Course Modules
Capital Syndicate provides a concise yet comprehensive training program for aspiring private wealth brokers. With five modules and additional materials, you’ll have everything you need to start your career in the real estate investment industry.
In addition to the modules, you’ll have access to a wealth of additional materials, including tools, scripts, and legal documents, to help you start your career.
Module 1: Overview of the Capital Syndicate
The first module provides an overview of the Capital Syndicate program and the business of private money brokering. Here, you’ll find a course overview and information about the benefits of becoming a private broker with Lee Arnold’s initiative.
Module 2: The Real Estate Investment Industry
In the second module, you’ll learn about the many stakeholders in the real estate investment industry. Investors, private money lenders, and private money brokers all play a role. This module explains why private money brokers are important to the economy and how they make their money.
Module 3: Selling Your Services
The third module is all about selling your services to potential clients. Lee Arnold introduces both online and offline techniques for attracting customer leads. He shows you how to target your ideal customers through direct mail and online social networks.
Module 4: Qualifications for Leadership Positions
The fourth module focuses on turning prospects into paying customers through the sales pipeline. Lee Arnold discusses the critical follow-up questions to ask each lead and the most common pitfalls to avoid.
Module 5: Private Financing and Compensation
The fifth and final module covers private financing and compensation. You’ll get information on closing real estate deals and learn how to avoid common pitfalls.
Upon completing the Capital Syndicate program, you will receive a broker’s license, which means you can get your mortgage license and work for Lee Arnold’s Cogo Capital exclusively.
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The Capital Syndicate Pricing
The website of Capital Syndicate doesn’t provide information about how much it costs to join. To get an answer, you have to schedule a call with the staff.
Although some reports suggest that the membership fee is as low as $99, the final price can range from $10,000 to $100,000 when you factor in all the extra benefits the program offers. Is it worth the investment, though?
Honestly, I don’t think it’s worth paying anything for this service, even if it is the cheapest. It just doesn’t seem fair to have to pay to make money. To put it bluntly, investing in this program doesn’t seem like a wise decision.
Praises
1. Access to the real estate market
Capital Syndicate offers investors the opportunity to profit from real estate deals without having to put down a large sum of money for a property.
2. Commission-based earnings
By matching investors with private lenders, you can earn a commission on successful deals. This allows you to make money without having to invest any of your own.
3. No real estate experience required
Whether you’re new to the industry or a seasoned professional, Capital Syndicate can work for you. The program is designed to be user-friendly and accessible to all.
4. Passive income stream
According to the program’s creator, Lee Arnold, Capital Syndicate can be a simple and passive way to earn income. All it takes is a few phone calls and document gathering.
5. Networking opportunities
Attend real estate events and seminars to meet new people and build your contacts. This can lead to more business opportunities in the future.
Criticisms
1. You’re still employed by Cogo Capital
Despite all the work you put in, you’ll still be officially working for someone else, which may not be appealing to everyone.
2. Revenue sharing
Although you’ll earn commissions from deals, some of that revenue will go to Cogo Capital, meaning you won’t get 100% of what you earn.
3. Success depends on closing deals
Your financial success will be directly proportional to the number of deals you can close, so a rejection from a private lender means no loan income.
4. Closing deals isn’t easy
While Lee Arnold may make it seem easy, qualifying leads and closing deals requires a lot of effort and resources.
5. High costs
The cost of joining the program is high, and you’ll be paying the company for the chance to make money, which could lead to your expenses exceeding your profits.
Recommendation: Here’s The Best Alternative
Is Capital Syndicate a scam?
If you’re considering joining Lee Arnold’s Capital Syndicate, you might want to think twice. While it’s not a scam, it may not be the best way to make money in real estate.
Getting a real estate broker certification is essential if you want to succeed in the industry. However, you don’t need to join Capital Syndicate to get certified. You can obtain certification for free by signing up with your local bank.
Moreover, Lee Arnold has faced complaints about his funding practices. An investor filed a complaint stating that Lee Arnold failed to provide private funding for all his deals. This should raise red flags and make you cautious before considering joining his program.
It’s also possible that Capital Syndicate makes money from selling courses and turning students into clients. Be aware that no business out there is easy, and the promise of an easy way to make money is a major red flag.
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