Are those feeling stress right now with the interest rate shifts? I'm not sure how those business models work but I had an old friend of mine commit suicide a few days ago in Dallas and he, by most accounts, had a fairly successful franchise in that world.

Obviously there were probably other demons he was batting as well, but just sitting here surmising what he might have been struggling with prompted the above question to jump into my head.

How do those businesses work? Always wondered that.

Nagler said:

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How do those businesses work? Always wondered that.

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No clue. I know some/all of them are franchises, they have consultants from the parent company(s) that support them at the franchise level, etc. but I have no idea how their financing and cash flow operations work. I know you'll see the same signs in deep east Texas at random intersections that you'll see on the corner of random busy streets in a major metro area.

You have to find homes that are incredible deals. The company offers high-interest loans, insurance, and back-end real estate services that you have to use. They make a ton of profit on every deal and will only approve deals that are no-brainers. The franchisee spends all their time and capital marketing to find those home runs deals and then they take about 30% of the profit for services you could find for way less.