SAVVY Investors Are Adding Franchises to Their Portfolios - Should You? | Greg Mohr

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We are thrilled to welcome Greg Mohr to the show today! As one of the top franchise consultants in the country, Greg has placed more clients into franchises than anyone else. His expertise in both franchising and the fast food industry will give you a unique perspective on what it takes to buy into a franchise and why you should consider including one in your investment portfolio.

Greg discusses how franchising can be a good option for real estate investors looking to diversify income streams. He highlights the opportunities in service-based franchise models that are related to real estate, like handyman services. Greg provides an overview of the investment ranges for different franchise types and how lead generation support works.

Learn about evaluating franchises, speaking with current owners, and the variety of franchise models available. Greg offers valuable advice on common mistakes to avoid. We learned a ton about franchising and have a better understanding as to how it could potentially fit into real estate investment strategies.

Things we discussed in this episode:

- Franchising opportunities for real estate investors to diversify income.

- Investment ranges for brick-and-mortar vs service industry franchises.

- Lead flow and call center support provided by some franchises.

- Evaluating different franchise models and levels of support.

- Speaking with current franchisees to validate franchisor information.

- Net worth and cash requirements for different franchise types.

- Using self-directed IRAs and 401ks to fund franchise investments.

- Common mistakes to avoid when pursuing a franchise opportunity.

- Trends in essential services franchises during the pandemic.

Get in touch with Greg:

Website - https://www.franchisemaven.com/

Email - [e-mail]

Facebook - https://www.facebook.com/FranchiseMaven

Linkedin - https://www.linkedin.com/in/gregorykmohr/

#realestatepodcast #realestate #realestateinvesting #realestateinvestor #FranchiseInvesting #FranchiseOpportunities #FranchiseConsulting #FranchiseFunding #FranchiseMistakes #FranchiseTrends #ServiceFranchises #RealEstateInvesting #PassiveIncome #BusinessDiversification

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