- My Forums
- Tiger Rant
- LSU Score Board
- LSU Recruiting
- SEC Rant
- SEC Score Board
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: how hard is it to buy into a franchise business
Posted on 4/30/24 at 9:47 am to Fat Bastard
Posted on 4/30/24 at 9:47 am to Fat Bastard
quote:
i coulda said RE rentals where he can get 20 and 30% like i am getting now.
But what year did you buy these?
I’d like to buy in but I look all around me and I can’t find anything that would sniff the 1% rule.
Posted on 4/30/24 at 11:57 am to GeauxTigers123
quote:
But what year did you buy these?
I’d like to buy in but I look all around me and I can’t find anything that would sniff the 1% rule.
Its not anywhere close to being easy, you are absolutely right. Finding a great rental property in a C neighborhood is better is extremely tough.
ETA: I haven't really been looking lately. But I kick myself all the time about how many good properties were out there from 2009-2014ish. My wife held me back and I should have just ignored her and risked divorce. I could have many millions more. I had many offers on properties that were being sold for $70-90 k and renting for $750-1000/ month that are now selling for $220-275k and renting for $2000-$2500/ month. I'm talking just 1000sf houses and townhomes.
You have to find them off the market. Generally going through wholesalers or getting them by wholesale. The people that have the signs "we buy houses cash now"
This post was edited on 4/30/24 at 12:01 pm
Posted on 4/30/24 at 1:03 pm to GeauxTigers123
(no message)
This post was edited on 5/1/24 at 1:00 pm
Popular
Back to top
Follow TigerDroppings for LSU Football News