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Joe Homebuyer Reviews (2023): Is This Franchised Real Estate Opportunity Legit?

By: Joel & Josiah

Joe Homebuyer makes it very apparent right off the bat that helping distressed homeowners is its ultimate goal. Joe Homebuyer promises to help these homeowners sell their homes off the market.

The question is, will Joe Homebuyer really help you, or is this just another scam waiting to run off with your money? Have you got anything to gain from them? Is it really the reputable company it is claiming to be? How much do you need to invest? Can you make money?

Read more to find out!

Disclaimer:
This Joe Homebuyer Review review has been thoroughly researched with information and testimonials that are available to anyone in the public. Any conclusions drawn by myself are opinions.
Provides three ways to make money
The founders are transparent
Gives ongoing support to clients
Expensive franchise fee
Not available in all states
Not a passive business

PROS

  • Provides three ways to make money
  • The founders are transparent
  • Gives ongoing support to clients

CONS

  • Expensive franchise fee
  • Not available in all states
  • Not a passive business

Why Listen To Us?

My name is Josiah, and this is my Dad, Joel.

Together, we make up the team here at Scamrisk.

If you’ll let me bother you for two minutes, I’d like to quickly explain why I’m even here writing this review.

In early 2020, I had just graduated from college & had no real career prospects.

I knew I was destined for something more, but I had no clue how I was going to make it happen.

I had this sinking feeling in my gut all the time… like the “big man upstairs” had accidentally given me the version of life where I’d be mediocre forever, instead of the one where I was, ya know – happy & fulfilled.

Anyway…

I had fiddled around with some different online businesses in college:

Some random MLMs, a bit of affiliate marketing, a (failed) dropshipping store or two, all the usual suspects.

Even my dad had been involved in MLMs back in the day… selling knives & other random nonsense people (probably) didn’t need.

All I really wanted was to find something that was going to actually work for me.

Maybe those things had worked for others, but for me it all turned up a fat “0” in the bank account department.

So I searched! And searched… and searched… and searched…

And eventually, I somehow stumbled upon a program that promised to help me build an income online (read about it here if you’re curious).

I didn’t really want to be “rich”.

The thought of making a reliable $5K per month & not having to worry about clocking in to a 9-to-5 ever again was all I needed.

Sure, there were people in the program doing high-6 and low-7 figures per year… but that wasn’t what I was out for.

I just wanted to provide freedom for myself, and if I was lucky, take my family along for the ride.

Fast forward a few days and a few phone calls & I was enrolled!

Here’s the first “money making website” I put up:

I built that site in 2020, and it still makes me $1,500 per month. It’s a basic 5 page website I built based on a template the program provides.

The best part to me? My dad and I get to do it all together!

So between the:

  1. Ease of reaching $5-$10K per month in income online
  2. Straightforward-ness of the system to do it
  3. Fact that I get to do it w/ my family

Is why I recommend local lead generation as my #1 business model for making money online.

Sure, it takes some work and dedication – but anyone that tells you that there’s a business out there that requires no work is selling you a lemon.

I’m not saying you need to sign up for the same program I did, but I would definitely recommend giving the business model a peek!

Contents

Joe Homebuyer is a real estate investing program.

Like most real estate investing training courses, you’ll likely be exposed to the “Big 3” investing types:

  • Flipping
  • Wholesaling
  • Long-term buy-and-hold

Regardless of which path you go down, there is a lot of potential with real estate investing.

After all, it’s the world’s oldest wealth-builder.

However, before you leave this Joe Homebuyer review and go sign up, you might want to ask yourself:

“Is now the right time for me to get into real estate investing?”

Because, no matter which way you slice it, real estate investing is extremely capital intensive, labor intensive, or both.

So if you’ve only got an hour or two a day, or your savings account is a few zeroes lighter than you’re comfortable with, this might not be the best time for you to jump into real estate investing.

But that doesn’t mean you’re out of luck. It just means you need a system to free up more time and give yourself a stronger financial cushion.

A good way to get yourself there is with Digital Leasing.

Digital Leasing takes all the best parts of real estate investing, while eliminating most of the headaches:

  • Low cashflow
  • Interest payments
  • Mortgages
  • High overhead
  • Expensive repairs and maintenance
  • Problematic tenants

And the best part?

Digital Leasing allows you to build a passive income stream that’s actually passive!

An income stream that brings in consistent revenues every single month (from a couple thousand dollars to well over $10,000).

An income stream you could actually build in your spare time, and grow as large or as small as you want to, without having to spend hours a day analyzing deals, cold-calling homeowners, or dealing with contractors.

TESTIMONIAL - STILL GETTING PAID

If that sounds like something you’d be interested in, check out Digital Leasing.

This is the perfect first step to build recurring income that you can then use to start investing in real estate down the line.

However, if you’d still like to know more about Joe Homebuyer, keep reading.

What Is Joe Homebuyer?

What Is Joe Homebuyer

The guys from Joe Homebuyer describe their company as a turnkey real estate acquisition franchise. Their mission is to improve lives by providing creative real estate solutions by buying, fixing, and wholesaling residential properties. Their franchisees specialize in helping distressed homeowners sell their homes and find discounted properties in the market.

Joe Homebuyer franchise owners are not the same as real estate agents. Instead, they are direct home buyers who provide a real estate solution. Further, with or without prior real estate experience, Joe Homebuyer will help you through the entire process, from marketing to closing.

All in all, this company promises to provide creative solutions for homeowners who would benefit from a quick, no-hassle cash offer.

If you plan on becoming a Joe Homebuyer franchisee, be prepared to do the following:

  • overseeing the business’s general operations
  • approving budgets
  • meeting with sellers
  • figuring out the best exit strategy
  • manage your business’s key performance indicators

A Joe Homebuyer franchise requires few employees and provides a work-from-home opportunity. So, you may want to think about it. But read more about it before you decide.

Who Is Cody Hofhine And Mark Stubler?

Cody Hofhine Joe Homebuyer

Cody Hofhine and Mark Stubler started Joe Homebuyer. In 2016, they started a real estate business in Utah that helps people sell their homes easily without dealing with traditional listings.

They started the Joe Homebuyer franchise system in 2019 and made a step-by-step plan to help people sell unwanted properties and make money even without prior real estate experience.

Mark Stubler Joe Homebuyer

Cody and Mark have improved their franchise system for people wanting to start their real estate businesses. They are grateful for the help and advice they get from their franchise owners because they have both been through the process of establishing their own real estate acquisition franchises and companies.

What’s Inside Joe Homebuyer?

What's Inside Joe Homebuyer

Joe Homebuyer offers the following to its franchisees:

Real Estate

  • Very high-leverage real estate strategy.
  • Get hold of off-market real estate at steep discounts.
  • Help homeowners in financial straits.

Marketing

  • Individualized assistance in the field of advertising.
  • Find cheap houses and apartment buildings.
  • Find out how to acquire discounted rental properties without using any of your own money.

Training

  • Offer comprehensive training and assistance.
  • Coaching contains marketing and exit strategies.
  • Ongoing support as your company grows.

How Much Is The Franchise Fee Of Joe Homebuyer?

Joe Homebuyer Franchise Cost

Joe Homebuyer requires that you have at least $50,000 in cash to buy a franchise. Franchise owners can expect to spend between $50,000 and $70,000 on the entire process from marketing to business as a whole. They also offer financing through a third party and a 10% discount on the franchise fee for veterans.

Who Is Joe Homebuyer For?

Who Is Joe Homebuyer For

Real estate is simply not for everyone. Somewhat said, not everyone has the patience to sift through potential buyers and sellers. So, if this is the case, who is Joe Homebuyer?

Joe Homebuyer is ideal for individuals who:

  • enjoys working in real estate and renovating houses to sell for a profit
  • is looking for a flexible business approach that includes lots of travel inside their home country

If you’re one of these people, then real estate is something you can explore.

How Can You Make Money With Joe Homebuyer?

How Can You Make Money With Joe Homebuyer

It turns out that Joe Homebuyer gives its franchisees three opportunities to earn money. These are through:

  • Wholesale
  • Flip & Fix
  • Rental Income

You don’t have to worry if you are not knowledgeable about any of this. Joe Homebuyer will train you on them and assist you in determining the best choice for your purchased properties.

Joe Homebuyer: Is It A Scam?

Scam or Legit

So, is Joe Homebuyer a scam? Not technically. You can make money with this program, but it’s definitely not as easy as Cody Hofhine and Mark Stubler make it sound.

There’s a ton of work to be done upfront, no real guarantee of success, and – most importantly – the actual profit margins on real estate investments are pretty small.

Now, there’s nothing wrong with front-loading the work and making the money later.

But if you’re grinding it out for 3 months – looking at deals, sending out offers, negotiating with the seller and lender to buy a rental property – and then your reward is like $100 a month in profits, it’s not really worth it.

What if, instead, you could do that same 3 months of work (in your spare time), and your reward was a $500 to $2,000 payment that came in every single month (with a 90-95% profit margin)?

And what if you actually didn’t need to wait 3 months? What if you could get started today and have your first payment in a week?

And what if you could double it next week?

Well, that’s the power of Digital Leasing

And, unlike traditional real estate, you can legitimately do this from anywhere. It’s a true lifestyle business.

Your laptop and an internet connection is all you need.

Some of the most successful students in this program run their entire 6-figure businesses from:

  • A camper in the middle of the woods
  • A beach chair on the water in Mexico
  • A small villa in Greece

Saying goodbye to our job

They’re able to travel around, living their lives first, and focusing on their income second.

Because even if they stop working for an extended period of time, the money keeps coming in.

So adventure, memories, and experience are the top priority.

And they never have to worry about how to pay for the next trip, or consider asking for time off.

If this sounds more like the type of life you want to lead, just click here to find out more about Digital Leasing.

Are There Any Alternatives To Joe Homebuyer?

alternatives scamrisk

Yes, there are plenty of other business models to choose from if you want to pursue this making money online.  Here are just a few:

 

What Is My Top Recommendation for Making Money Online In 2024?

Digital Real Estate

Our review team has spent months researching, reviewing, and vetting dozens of business models and thousands of programs.

While there may be no “perfect business”, the research IS conclusive:

Digital Leasing is the #1 online business model for those just starting out.

Whether you’ve never made a dollar online, or you’ve been in this space for a while but never really “made it,” Digital Leasing is for you.

Why?

1) It’s Flexible: got an hour a day? You can do this. Ready to drop everything else and dive in full time? You can do this. Yes, the more time you put in, the faster you see results. But even with a little time each day, you can move the needle in a Digital Leasing business.

And because this system is so flexible, you don’t have to constantly be working to make more money. It’s called PASSIVE INCOME because if you stop working, the money doesn’t.

Imagine taking 3 months off to just tour around Europe, rent a cabin in the woods to write a book, hike the Appalachian Trail, or live on the beach and surf all day.

This is only possible if you have an income stream that’s not tied to your time.
Flipping and wholesaling are full-time jobs (and more), no matter what any real estate guru tells you. You always have to be searching for deals, because if you stop, so does the money.

TESTIMONIAL - JUMP ALL IN

2) You Own & Control EVERYTHING: Yes, in traditional real estate you kind of “own” the properties. But there’s also a ton of debt tied to most real estate investments, which means the property isn’t truly yours.

A lender can take it away if you miss a payment. Not to mention, loan payments really impact your profit margins.

With Digital Leasing, you own the assets outright (with a 90-95% profit margin), which means you have all the power and all the control.

TESTIMONIAL - FEELING BLESSED

3) Little To No Startup Costs: It’s possible to get into Digital Leasing with zero dollars upfront. Because, using the strategies outlined in this program, you can get a client to pay you BEFORE spending a penny out of your own pocket…even before you do any work.

Even without getting paid in advance, you can have your first Digital Rental Property up, running, and generating profits for less than $100.

TESTIMONIAL - SCOTT LEAD GEN

4) Minimal Ongoing Expenses: With traditional real estate, monthly expenses are HIGH. Between loan payments, ongoing maintenance, and repairs (not to mention the possibility of having to go through the eviction process), profit margins are slim.

Plus, whenever you have a vacancy, factor in the costs to turn over a unit (plus the fact there’s no money coming in until the next tenant moves in).

With Digital Leasing, a 100% online business with minimal maintenance and ongoing costs, you never even have to think about that risk.

TESTIMONIAL - ANNA DONE DEAL

5) Easy To Duplicate: Ok, here’s the best part: once you have your first Digital Rental Property up and running, you can literally DOUBLE your income with a few clicks, a couple keystrokes, and a single phone call (and you don’t actually need the phone call).

Remember: each Digital Rental Property is worth $500 to $2,000 a month in semi-passive income (over 95% profit). Every time you decide to create another one and increase your income, it gets easier.

Because you have more knowledge, more experience, more results, and more momentum.

If you wanted to double your income with traditional real estate investing, you’d have to double your monthly rent, double your deals/number of units OR double your profit margins. And, guaranteed that’s a lot harder than a few clicks and a few minutes of your life.

TESTIMONIAL - LANCE LEAD GEN

6) Make Money Helping Real People: This part is what makes it all worth it. With Digital Leasing, you’re actually helping people by solving your clients’ biggest problem:

Small, local businesses need more customers, and with Digital Leasing, you are unleashing a flood of happy, paying customers for these businesses.

You make money by helping them make money.

Not a big, faceless corporation either…a small business owner who’s using that money to put food on the table for their family, start a college fund for their kids, or take care of a sick parent.

Once you see how Digital Leasing makes a real impact in the lives of real people, you’ll sleep like a baby with a big smile on your face.

TESTIMONIAL - BOSS OF MY FUTURE

Now, the choice is yours. You could continue browsing, looking at opportunities like Joe Homebuyer which could one day make you money.

You could continue researching, never making a decision.

OR, you could take a look inside, consider what you really want, and join a program that makes your dreams a reality. At the same time, joining a community of over 2,000 successful students that are living life on their own terms thanks to Digital Leasing.

A consistent, reliable, semi-passive stream of income that doesn’t depend on you or your time to keep producing profits.

All while genuinely helping real people who are grateful and happy to pay for it.

If this sounds more like what you want out of life (or if you just want some nice side income), click here to learn more about Digital Leasing.

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