Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Local Real Estate Networking
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 11 years ago on . Most recent reply

User Stats

27
Posts
4
Votes
Anthony Hill
  • Rental Property Investor
  • Tulsa, OK
4
Votes |
27
Posts

Real Estate Investing Franchise

Anthony Hill
  • Rental Property Investor
  • Tulsa, OK
Posted

I have been searching for a good start in Real Estate Investing. I keep coming across these Craigslist ads about Real Estate Investing Franchises. Most of these companies want you to bring a deal to them and they'll give you a "cut".

Does anyone have any experience with these approaches in Real Estate Investing? I am very doubting of these ads, as most of them come across as the typical "Guru" type advertisement, fancy cars and beautiful women.

So I realize that my initial gut instinct is that they are a scam, but does anyone have any recommendations on finding a reputable company like these?

I have not had much luck in finding a Mentor in the Tulsa, Oklahoma area, although I am hoping to meet up with a couple BP Members soon when I return home.

If anyone has any tips, I would appreciate your input.

Most Popular Reply

User Stats

16,434
Posts
12,725
Votes
Ned Carey
  • Investor
  • Baltimore, MD
12,725
Votes |
16,434
Posts
Ned Carey
  • Investor
  • Baltimore, MD
ModeratorReplied

Giving someone a "cut"  of a deal they bring is common in the industry. However it is safest between those who already know each other. I too would be leary of that kind of deal with a stranger over craigs list. 

Regarding a mentor this post may be helpful How to Find a Mentor

I also suggest you check out the Ultimate Free Beginners Guide if you haven't found it already

  • Ned Carey
  • Loading replies...