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Updated over 2 years ago on . Most recent reply
Start a franchise vs buying a 4plex
I have some funds saved up and ready to invest but confused about which path to take this time. Real estate investing has been great and once set up it is mostly passive and I am able to work my day job. However, I would like to try something new this time and invest in a franchise. I know it would involve more time that the former but it would be something that I always wanted to do. I plan to keep my day job but work is flexible so I can be involved in the franchise as needed.
Have you been on the same boat and went the franchise way? If yes, do you regret your decision?
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I have looked into franchise as well, but I have a long term day job wherein I can take early retirement in 4 years. I have never heard of a "part time" franchise owner. If anything, I would think you'd find yourself working 100 hour work weeks to start.