HomeVestors is a professional real estate investing independently owned and operated franchise opportunity to buy houses (generally distressed properties) from motivated sellers, rehab the properties and either sell or rent them. Their national “We Buy Ugly Houses®” brand is recognized by motivated sellers who call their Franchisees every day. HomeVestors Franchisees advertise with direct mail, Internet, billboards and other outdoor media and TV using our “We Buy Ugly Houses®” advertising campaign. Once Franchisees buy the houses, they may rehabilitate them to sell, or they can assign their contact right to the properties, “as is”, to other investors. HomeVestors can provide financing to its Franchisees for qualifying purchases and repairs of houses, if needed. HomeVestors® franchisees can generate income by holding cash- flowing rentals to lease, if they choose to do so.
The HomeVestors® business model is built on a foundation of responsible business practices and high ethical standards, which their Franchisees are required to follow. Rather than competing, their Franchisees act cooperatively with one another, sharing vendors and local market advice. All of their independently owned and operated franchisees are supported centrally with their nationally recognized “We Buy Ugly Houses®” brand, proprietary home evaluation and content management software, knowledge of the industry and contacts for financial resources.
To buy a franchise with HomeVestors you’ll need a minimum net worth of $120,000. Creative Colors International a franchise fee of $39,000. They also offer a discount for veterans.
