TLDR – What’s The Verdict? Is Capital Syndicate Legit?
For those of you who want quick answers, here it is.
No, I don’t recommend Capital Syndicate.
Is capital syndicate legit? To make things clear, Lee Arnold’s Capital Syndicate isn’t a scam. It’s a legit private money broker training program.
But keep in mind, the certificate you get is only valid within their system and isn’t a recognized professional certification.
Also, being a private money broker working from home is no walk in the park. While you might skip the loan closing, you still need to meet clients, discuss funding, and find qualified clients.
The truth is, making big money as a money broker from home is a tough gig.
Capital Syndicate attracts people with the idea of working from home. But it’s more of a marketing trick to get you into their certification program.
There’ve been complaints about Lee Arnold, especially when it comes to funding.
An investor went on Trustpilot, crying scam. He said that Arnold didn’t deliver the promised private funding for all his deals, leading to a major money meltdown. That’s not exactly a stellar track record.
Imagine your journey to financial success as a puzzle, and Capital Syndicate as a piece that doesn’t quite fit. It’s like trying to force a square peg into a round hole – there are alternatives that might align better with your goals.
If you ask me, I’ll recommend you stick to a model that’s worked for me. That’s Digital Leasing.
Not only does it have a stellar track record, which can be seen from the more than 2,000 active students in its community, it offers a more predictable path to building an online recurring income stream!
Who Benefits From Capital Syndicate And Who Should Stay Away From Lee Arnold?
If you fit into any of the following, Capital Syndicate might be a good fit for you:
- You’re looking for ways to dive into real estate without any significant investment.
- You have lots of time and patience to send emails and make phone calls.
Now, you may want to stay away from Capital Syndicate if:
- You’re not a fan of upsells. Reviewers from BiggerPockets said that aside from the initial investment, they will call you to sell other courses and certifications. This user said, “The Lee Arnold system of real estate is a big ripoff and should be shut down. Stay away from them. I have spent about $45,000, Was promised 100 % financing without any word of a percentage of ARV. LOTS of programs out there better and LOTS cheaper than Lee Arnold.”
- You expect more value from the program. This Trustpilot reviewer said, “I did not feel i was given enough information. During the second day of the training all they were trying to do was sell more of there wares. Lee Arnold over promised & out sold himself.”
- You want more time to decide if it’s for you. There’s a complaint in the BBB that user wasn’t able to get any refund despite not using the service or program. Lee Arnold’s team said that they need to receive the refund request within three days after the transaction date to qualify for a refund.
Capital Syndicate: 1,000 FT View Of This Online Business Opportunity
Program Name | Capital Syndicate |
---|---|
Owner | Lee Arnold |
Price | starts at $97 |
Website | https://www.capitalsyndicate.com/ |
Business Model
The Capital Syndicate is teaching a concept called “Private Money Brokering.”
Let me break it down for you.
The idea is that you find real estate investors who need money for their projects and connect them with Lee’s company. It’s called Cogo Capital. If the referral works out, you get a commission.
You essentially act like a salesperson for Lee’s company. Your earnings depend on the commissions you receive. The program also claims to grant you access to Lee Arnold’s network of funding partners for your own real estate ventures.
This will potentially solve capital issues. Capital Syndicate highlights tapping into a $71.6 Billion private lending industry. They said this ensures ample profit opportunities.
Despite the promise of a recession-proof and in-demand business model, it’s worth noting that working under Cogo Capital as their broker comes with drawbacks.
For example, a good portion of your earned commissions from successful deals will go to them. Lee Arnold and Cogo Capital benefit with more earnings for less effort on their part.
So, essentially, you’re paying the program’s fee and certification to bring in more money for them.
That doesn’t sound fair.
If you want to explore other real estate business models, you can check out Brian Page BNB Formula or Bob Diamond Overages Blueprint.
About The Guru – Lee Arnold
Lee Arnold is the brains behind the Capital Syndicate program. He is the CEO of Cogo Capital, a company specializing in providing loans for real estate investors.
With around 20 years of experience, Lee is not only a seasoned international speaker. He is also a trainer, author, and licensed broker. His expertise in real estate and private money mortgage lending has been honed through thousands of transactions.
He’s been featured in esteemed publications like Forbes, the Boston Globe, Market Watch, Reuters, and Business Week. He’s been interviewed for his role as an investment strategy expert.
Lee’s influence extends to national financial literacy companies. He has consulted and taught for these organizations.
Since 1995, he’s been sharing his knowledge on lending money for deals. He is a highly respected authority in the real estate brokerage and industry at large.
How Much Does Capital Syndicate Cost?
The official website of Capital Syndicate doesn’t mention how much does Capital Syndicate cost. You need to schedule a call with their team to get the details. Some sources suggest an initial cost of approximately $97. But, keep in mind that it might increase significantly.
It could range from $2,500 to $10,000, when factoring in various upsells offered by Capital Syndicate later on.
If you are serious about learning how to become a real estate investor, you can check out Pace Morby course and Jerry Norton real estate program for cheaper alternatives.
What’s My Personal Opinion On Capital Syndicate?
If you’ve been keeping up with my ScamRisk journey, you know I’ve dived into various money-making programs.
Evaluating these programs is a hands-on task that requires a careful examination. Sorting through credible and not-so-reliable can be tricky amidst a flood of reviews.
Here’s my approach to sizing up an online program like Capital Syndicate:
- Guru’s Real-World Experience: I check if Lee has hands-on experience running a successful business. Practical know-how is a make-or-break factor for the program’s credibility.
- Community Support: I see if the program provides a private Facebook group or online community. A supportive community is crucial for tackling challenges and gaining valuable insights.
- Program Value: I assess how the program’s value stacks up against its price. It’s crucial to ensure that Lee delivers on the promised benefits.
- Creator’s Transparency: Transparency about costs, upsells, refunds, and the overall deal is a critical factor.
- Public Feedback: I don’t rely solely on Lee’s claims. I seek feedback from others on platforms like Trustpilot, Reddit, or the BBB for reliable and unbiased opinions.
Do I Recommend Capital Syndicate?
Now, let’s put our criteria to the test and evaluate the Capital Syndicate program:
Let’s start with the positives.
Lee Arnold is a well-known figure in the real estate industry, adding a positive note with his extensive experience.
Now, here are the top three reasons why I don’t recommend Capital Syndicate:
- Free Alternatives: You can get the same information and certification for free, raising questions about the value of the program.
- Risk of Financial Loss: The program’s high costs pose a risk of spending more money than actually making a profit, potentially leading to financial loss.
- Complaints about Lee Arnold: There are notable complaints about Lee Arnold, particularly concerning funding issues. A Trustpilot review alleged his failure to provide private funding for deals, resulting in significant financial loss for an investor.
What’s Inside Capital Syndicate?
The Capital Syndicate comprises five video modules. They cover various aspects of private money brokering and funding real estate investments.
The course provides access to tools, resources, scripts, and legal documents. You’ll learn everything necessary to kickstart loan brokering.
Included in the package is Lee’s list of private lenders. You can use them for referrals or to secure capital for your real estate ventures.
Here’s a breakdown of what each module in Capital Syndicate covers:
- Module 1: An introduction to the Capital Syndicate program and private money brokering. It includes a course roadmap and highlights the benefits of being a private broker under Lee’s program. It also explains why joining is advantageous for your real estate deals.
- Module 2: Introduces you to key players in the real estate investment market. You’ll get details on investors, private money lenders, and private money brokers. Learn the crucial role of private money brokers and how they generate income.
- Module 3: This one focuses on marketing your services. It covers both offline and online lead generation methods. Lee guides you through using direct mail and social media to find potential clients.
- Module 4: Covers lead qualifications, teaching you how to turn leads into qualified clients. Lee discusses essential questions to ask leads. He’ll also tell you the common mistakes to avoid during the deal-closing process.
- Module 5: Discusses the private money funding process and how you receive payment. It explores the real estate closing process, highlighting mistakes to avoid.
Upon completing all the modules, participants reportedly receive a broker certification. They will be certified mortgage agents, but only for Lee Arnold’s Cogo Capital.
Conclusion – Should You Work For Lee Arnold?
No, I don’t recommend going for Lee Arnold’s Capital Syndicate.
Honestly, I don’t think the stuff they offer is worth the price.
If you’re looking to get into real estate without burning a hole in your wallet, there are way cheaper programs out there.
Plus, quite a few students aren’t happy with Lee Arnold’s company – bad reviews and all.
And let me tell you, private brokering isn’t as easy as Arnold makes it out to be. It’s a real hustle.
Personally, I’d prefer a program that provides a steady, semi-passive income stream. In fact, my #1 recommendation for that is Digital Leasing.
What Is My Top Recommendation For Making Money Online In 2024?
After exploring various business models, I recommend Digital Leasing for beginners entering the online business world.
- Flexibility: With Capital Syndicate, identifying potential investors requires time-intensive research. Crafting compelling emails and making informative calls demands focused effort. Also, you need to attend events to expand your network. It’s not easy like what Lee Arnold claims. With Digital Leasing, it can work whether you have just an hour to spare or want to go full-time. Digital Leasing is tailored for “passive income” – more gains with less effort.
- Ownership and Control: When you join Capital Syndicate, you’re just working for Lee Arnold’s company. You don’t own anything. Digital Leasing offers outright ownership of assets, ensuring control and impressive profit margins ranging from 90-95%.
- Low Startup Costs: Capital Syndicate has high startup costs and upsells to cover the extensive training modules, support resources, and additional tools provided. With Digital Leasing, you can start with minimal upfront expenses. You might even start earning before spending a dime, and your initial property can go live for less than $100.
- Minimal Ongoing Expenses: Digital Leasing keeps it straightforward with minimal maintenance and expenses.
- Easy to Duplicate: Once your first digital property is up and running, doubling your income becomes a breeze – just a few clicks, keystrokes, and maybe a call away.
- Helping Real People: Digital Leasing extends beyond numbers, allowing you to support local businesses and make money while genuinely impacting people’s lives.
The choice is yours. Keep exploring, keep researching, or join a community of over 2,000 successful students living life on their terms with Digital Leasing.
Experience a steady, semi-passive income stream that doesn’t demand constant attention.
Your success goes beyond numbers – it’s about assisting real people who appreciate and happily pay for your services.
If consistent income, flexibility, and helping others align with your goals, click here to learn more about Digital Leasing.