re: how hard is it to buy into a franchise business

quote:

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But what year did you buy these?

I’d like to buy in but I look all around me and I can’t find anything that would sniff the 1% rule.

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Its not anywhere close to being easy, you are absolutely right. Finding a great rental property in a C neighborhood is better is extremely tough.

ETA: I haven't really been looking lately. But I kick myself all the time about how many good properties were out there from 2009-2014ish. My wife held me back and I should have just ignored her and risked divorce. I could have many millions more. I had many offers on properties that were being sold for $70-90 k and renting for $750-1000/ month that are now selling for $220-275k and renting for $2000-$2500/ month. I'm talking just 1000sf houses and townhomes.

You have to find them off the market. Generally going through wholesalers or getting them by wholesale. The people that have the signs "we buy houses cash now"