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Updated almost 6 years ago,
Home Vestors, is it a good entry point?
I have been getting some general information on my local REI scene. I have found and plan on attending the next local group meeting and Ive reached out to a local Investor with some questions. Just so happens that person is a home vestors franchise owner. So among the answers I received one of them was their franchise may be a good choice if finding a mentor did not work out. I did some digging and received a good amount of info about the company and what it would look like to buy into the franchise. My questions for everyone here is do they have any experience with this company and would it be fair to consider this way of entering the REI world instead of seeking a mentor? My plan is to get into the the investor world this year and want to be in it for the long haul so I just want some advice/thoughts on this subject.
From what i'm Told the general marketing spend is between 3k-5k a month to find one viable deal. Generally there deals are direct from home owners and they shy away from MLS / Probate/ etc... Anyway, I look forward to yalls replies/advice.