Need advise about Homevestors franchise or partnering with experienced investor.

[Albert F.]

Hello everyone, I'm new in the investing business and I still hunted by the analyzing to much and afraid to make a move on my own. So I'm wonder if joining Homevestors franchise is a good idea? Or if partnering with with a experienced investor is a better option to begin investing. Or is there any REI meetup group in the Bay Area?

[Ned Carey]

I am not specifically familiar with Homevestors but I strongly suspect they are not handing you a business in the box. Not like say a McDonalds franchise would. 

I would question VERY hard their success rate. Franchises take a heavy cut off the top which can make it very hard to be profitable. At least one person tried to be a Homevestors franchise here in baltimore but they didn't make it long. There is NO brand recognition here in Baltimore. Is there i your area? If not why pay for brand recognition you are not getting? If I am going to have to build the brand in my area, I want to build my own brand. 

I am sure there is either meetup groups or REIAs in your area.