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Updated over 10 years ago on . Most recent reply
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Real Estate Investing Franchise
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.
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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