The Obstacles of Investing in U.S. Real Estate as a Non-Citizen and How to Overcome Them

The Obstacles of Investing in U.S. Real Estate as a Non-Citizen and How to Overcome Them


There’s something almost mythical about buying real estate in the United States. 

The dream of owning American real estate spans across the globe. Since its foundation, people from around the world have sought after a piece of land in America. From settlers moving to California to take part in the gold rush to new waves of immigrants searching for a better life, U.S. real estate has symbolized hope and prosperity. And you’re probably reading this because you dream of building wealth through real estate investing. 

The path to property ownership is not the same for a U.S. citizen and a foreign national, though. Even so, much of the information out there is geared toward Americans investing in U.S. real estate. This article is intended as a guide for non-U.S. citizens.

By understanding how to navigate the process and overcome some of the most common obstacles you might encounter, you’ll be well on your way to achieving your “American dream.”

Why Invest in U.S. Real Estate in the First Place?

Before taking another step, it’s crucial to understand why you want to invest in real estate in the United States. There are houses in your home country and investment opportunities around the world, yet many people still opt to invest in American real estate. These are some of the most common reasons:

Political and economic stability

There are significant risks that political policies could drastically impact the economy each time a government changes. Given America’s stability compared to other countries, it’s no wonder the U.S. market is perceived as a safe haven for investment.

Historical performance

While there have been drops in U.S. home values during different periods of history (the Great Depression and the 2008 housing bubble), these have been more of an exception than a rule. For the most part, American real estate has climbed steadily over the past several decades. This consistent growth over extended periods of time has led to significant gains for property owners. 

Stable currency

The U.S. dollar constantly ranks among the strongest currencies in the world. Compared to places where inflation is high and currency values change rapidly, the American dollar is very stable. A currency that holds its value, combined with a real asset (real estate) that has historically grown in value, is a strong hedge against inflation. 

With these benefits in mind, you might be wondering, “Are the challenges worth the benefits?” If so, keep reading.

Obstacle 1: Lack of Market-Specific Knowledge

Imagine going to a restaurant with hundreds of items on the menu. Some are delicious, some are bad, and others are mediocre. How do you know which menu items to select? That’s the dilemma you’re probably facing as you explore American investment property options.

There are 50 states in the U.S., and each has its own laws, climate types, and housing needs. On top of that, every real estate market within a state could have totally different pricing, trends, considerations, job opportunities, and more.

Don’t worry if you don’t know where to start. Follow these steps to discover a market that meets your needs.

Start with strategy

It’s no coincidence that David Meyer’s book goes by the same title. Determining your strategy allows you to back into certain locations. Are you looking for passive income? Is real estate a way to protect your money from currency inflation in your home country?

Whatever the case may be, you’ll find that your unique situation is best suited for certain approaches compared to others. For example, not everyone has the skill set or personality to live in Australia and flip houses in Alabama—or “woop woop,” as the Aussies say.

There are entire posts written on this topic that can give you direction. Take the time to read and reflect before making this decision. 

Find markets that match your strategy

Once you find the right investment strategy, it’s time to select a market. At this point, you can work backward from the strategy you chose to select a market. This is crucial because a place that would make a great vacation rental might not necessarily be great for flipping houses or long-term rentals.

Use BiggerPockets’ Market Finder tool to explore cities across the United States based on your strategy. For example, let’s say you want to buy and hold rental properties. You can analyze rent-to-price ratios to see where you might get the best returns. 

Spend some time narrowing down your market and come up with a short list of a few cities. Then, get even more specific.

Conduct market-specific research

You want to be extremely thorough when researching the specifics of a market. Here are a few key indicators to explore as you get started:

  • Job market: A strong job market drives demand for housing by increasing income levels and attracting new residents. Look into who the major employers are and see if there’s diversification. This reduces your risk because places, where one company employs a large proportion of the population, are greatly impacted if that industry does poorly or the company leaves for another market. Having various employers in a market makes your potential renter pool less tied to one industry and spreads the risk around.
  • Population growth: Population growth signals rising housing demand, often leading to price appreciation and attracting businesses. Even within a city or town, there are certain areas that grow faster than others. Pro tip: Connect with local real estate agents and investors on phone calls to ask what trends they’re seeing.
  • Transportation: Access to public transportation or major highways enhances a location’s desirability. In cities where the subway is a common mode of transportation, a rental property near a train station would be viewed as more attractive to buyers and renters.
  • Neighborhoods: The characteristics of neighborhoods, such as safety, proximity, and amenities, significantly influence property values and investment potential. Don’t worry about jumping on a plane—use Google Maps to see an area’s main attractions like restaurants, shopping centers, or transit options. You can also use Google Earth to walk the streets virtually to give you a feel for the area.

Keep in mind that what looks good on paper doesn’t necessarily always match the reality of what’s happening. It’s always a good idea to connect with local investors to see what strategies they’re using and in what neighborhoods. 

Based on your findings, you’ll be able to confidently select a real estate market.

Obstacle 2: Finding and Managing a Remote Team

Living far away from your investments might feel overwhelming at first. Luckily, there are many others who’ve had success investing from a distance, which means you can too. There are simple strategies and great resources available to help you build a strong team and make your real estate business successful without being located in the U.S.

How to find your team members

When starting a real estate investing business, you’re the boss! To make sure your business runs smoothly without you, you must build a strong team. Whether you’re searching for a real estate agent, contractor, lender, or property manager, the process to find them is the same.

These recommendations will yield the best results:

  • Build your network: Network on the BiggerPockets forums with investors operating where you want to invest. More specifically, look for people using the same strategy that you want to use. You’ll also find that most American cities have people from other countries—if there are communities of people from your home country living where you want to invest, connect with them too!
  • Referrals: If you build a network, they can introduce you to people that they’ve worked with and even tell you who to stay away from.
  • BiggerPockets Team Builder: Using this tool, you can plug in a variety of information, such as the team member you’re looking for (real estate agent, for example), location, and other key details. Based on your responses, you’ll receive a list of people that’s been curated for you.
  • Research online reviews: Leverage platforms like Google, Yelp, or local real estate websites. You can gather feedback on their reputation, helping you assess their reliability and performance before even reaching out to them.

Tips for vetting real estate professionals

You’ve created a list of potential team members—now what?

Vetting real estate professionals effectively is essential to long-term success as a real estate investor. It’s even more important if you live in another country because you can’t just drive to your rental property whenever you feel like it. This step can help ensure that you collaborate with trustworthy, knowledgeable individuals who understand the local market. 

Here are some key tips to guide you through the vetting process:

  • Check credentials: Verify licenses and certifications so you know that they are qualified and compliant with local regulations. You can often find this information on a state or city website.
  • Ask for references: Request references from past clients. Take the time to follow up with them to gain insights into their experiences and the quality of service provided. Don’t skip this step—it’s worth the time.
  • Conduct interviews: Schedule video calls to discuss their experience, approach, and understanding of the local market and gauge whether they’re a good fit personality-wise. If they speak your native language, that could be a huge plus! In contrast, note that it’s a major red flag if they aren’t willing to do calls.

As you complete the vetting process, always trust your instincts. Pay attention to your comfort level and gut feelings about their reliability, expertise, and overall character.

Tools to manage your team

Once your team is established, it’s time to start finding deals and setting up systems. You always want to have an open line of communication so that you’re informed about what’s going on regularly. 

These are some useful tools to find deals and manage your team from outside the U.S.:

  • WhatsApp: No American cell phone plan? No problem. Just have your team members get the app—it’s just like texting.
  • PropStream: PropStream provides access to property data, analytics, and marketing tools, helping you identify profitable deals and analyze potential investments.
  • RentRedi: This property management platform is designed for landlords and simplifies tenant screening, lease management, and rent collection, making it easier to manage rental properties remotely.
  • Airtable: Airtable combines spreadsheet and database functionalities, allowing you to create custom workflows, track deals, and manage your team’s tasks in a visually appealing format.

The list of software is endless, but these tools will help you get started and build from the ground up.

Obstacle 3: Finding Financing as a Non-U.S. Citizen

According to a recent NAR report, 50% of all international buyers paid cash for real estate in the United States, whereas about 28% of all existing buyers paid cash. 

You might interpret that to mean that foreign investors are more affluent. On the flip side, it reveals something about the U.S. mortgage industry’s inability to provide financing to non-U.S. citizens. These are common reasons foreign nationals feel stuck: 

  • Limited financing options: Many lenders are hesitant to provide loans to non-U.S. citizens due to perceived risks. For those seeking primary mortgages or financing for second homes, options from government-sponsored entities like Freddie Mac and Fannie Mae are typically not available to non-residents. Investment property-specific loans are even harder to come by.
  • Lack of credit: If you don’t have a credit history in the United States, it’s hard for lenders to assess your creditworthiness. Without a credit score or established financial history in the U.S., your options are more limited and likely come with higher interest rates—that is, if you find a lender to work with you.
  • Income verification: Lenders want to make sure you’re not engaged in any illegal activity. As such, they’ll dig deep into your financial records to verify your income. Even if you’re not a drug dealer and have strong finances, your lender will likely ask for translations of all documentation. That’s because money coming from outside the United States is viewed as a higher risk—it can be harder for lenders to pinpoint where money is coming from abroad.
  • The banking system and currency exchange: Navigating the banking system and currency exchange can be daunting. There may be additional fees, fluctuations in currency value, and limitations when transferring funds internationally from your home country to the United States.

While this may seem discouraging, know that if you’ve read this far, you’re not a quitter. Rest assured that there are ways to overcome these obstacles.

Cheat Codes to Financing American Real Estate 

It probably crossed your mind to marry an American citizen. Then, you’d have plenty of financing options!

In all seriousness, there are other ways to obtain financing as a foreign investor. Here are some potential solutions, depending on your situation:

Hard money

Hard money loans provide quick access to capital based on the after-repair value (ARV), which is ideal for flipping houses. However, these often have double-digit interest rates, and lenders will likely ask for a personal guarantee tied to you personally, even if the property is purchased under a business entity. 

Private money

Private money lending refers to raising money from individual investors rather than traditional banking institutions. If you can raise money for the full purchase price amount, it will appear as cash to the seller. Keep in mind that borrowing money from individuals also comes with strings attached, like higher interest rates.

Seller financing

With seller financing, the property seller acts as the lender, allowing you to bypass traditional financing barriers and negotiate payment terms directly, which can simplify the purchasing process. This creative solution doesn’t work in all situations, but it can be a great option if you want to spend time negotiating the structure with the seller.

Debt-service-coverage ratio (DSCR) loans

DSCR loans are evaluated on a rental property’s performance, not your personal income. It takes into consideration the amount of rental income a property can produce compared to the monthly mortgage payment. Sounds perfect for foreign investors!

These loans are made to business entities and may require credit reviews, depending on the lender. As such, there are only a handful of companies that offer DSCR loans tailored to foreign nationals. The leader in this space is Waltz, which specializes in working with non-U.S. citizens. In addition to lending, they have solutions for forming an LLC, obtaining a U.S. bank account, and currency exchange capabilities. 

All these financing options provide ways for foreign investors like you to start investing. It’s up to you to determine which one is right for you.

Move Obstacles Aside and Start Investing

Investing in U.S. real estate as a noncitizen presents unique challenges, including navigating market knowledge gaps, assembling a trustworthy team, and securing financing. Just know that U.S. real estate investing is attainable and within your grasp.

Over the last year or so, about 54,000 purchases were made by foreign investors across the United States. By following these recommended measures, you’ll be able to add to this number and inspire others to do the same.

Ready to succeed in real estate investing? Create a free BiggerPockets account to learn about investment strategies; ask questions and get answers from our community of +2 million members; connect with investor-friendly agents; and so much more.

Note By BiggerPockets: These are opinions written by the author and do not necessarily represent the opinions of BiggerPockets.



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Why Real Estate Should Be Part of Your Wealth-Building Strategy in 2025

Why Real Estate Should Be Part of Your Wealth-Building Strategy in 2025


Opinions expressed by Entrepreneur contributors are their own.

As 2024 draws to a close, many entrepreneurs are reflecting on their investments and preparing for the opportunities that 2025 will bring. Amid evolving markets and economic uncertainties, real estate stands out as a reliable and time-tested strategy for building wealth.

Offering stability, long-term growth and income-generating potential, it’s clear why real estate should be a key consideration for any diversified investment portfolio.

Related: 10 Reasons Why Every Entrepreneur Should Invest in Real Estate

Real estate fulfills a fundamental human need

Real estate uniquely satisfies one of humanity’s most basic needs: shelter. Unlike speculative assets like stocks or cryptocurrencies, housing demand remains constant, even during turbulent economic times. This intrinsic value makes real estate a resilient and reliable investment.

Properties in high-demand areas like London or New York consistently attract buyers and renters. These metropolitan markets hold their value due to a combination of desirability, limited land availability and a steady flow of residents seeking homes.

Long-term appreciation builds lasting wealth

Over decades, real estate has proven its ability to generate long-term wealth through appreciation. In markets like London, property values have risen by over 600% in the past 30 years due to urbanization, population growth and a constrained supply of developable land.

While short-term fluctuations are inevitable, the historical trajectory of real estate remains upward. Adopting a long-term perspective allows investors to leverage the compounding effect of appreciation, creating sustainable financial stability. A recent 2024 Market Outlook by J.P. Morgan emphasizes that investing in assets that generate steady returns over time is key to weathering market shifts — real estate fits this principle perfectly.

Real estate provides reliable passive income

One of real estate’s greatest advantages is its ability to generate consistent passive income. Rental properties offer a dual benefit: They produce steady cash flow while the underlying asset appreciates in value.

Real estate investors should focus on understanding market trends and tenant needs to maximize rental income. Properties in high-demand areas can reliably generate revenue to cover operating expenses, pay down mortgages or fund additional investments, all while delivering long-term growth.

Leverage amplifies investment potential

Real estate uniquely allows investors to use leverage, borrowing capital to acquire appreciating assets. Few other investments provide this opportunity to control a high-value asset with a relatively small upfront investment.

For instance, financing a property through a mortgage enables investors to amplify their returns as property values increase over time. As emphasized in financial strategies, the ability to utilize leverage effectively makes real estate one of the most potent tools for wealth creation.

Related: 5 Proven Steps to Become a Real Estate Millionaire, According to an Investor

Real estate protects against inflation

As inflation continues to impact global markets, real estate remains a dependable hedge. Property values and rental prices tend to rise with inflation, preserving purchasing power. Fixed-rate mortgages further enhance this benefit, ensuring consistent payments even as asset values grow.

This inflation-resistant quality makes real estate particularly attractive in uncertain times. As the cost of goods and services increases, real estate offers a stable and growth-oriented alternative.

Lessons from 2024 and preparing for 2025

The past year has highlighted the importance of diversification and investing in assets with intrinsic value. While digital assets and emerging markets garnered attention, real estate demonstrated its resilience. For entrepreneurs, 2025 offers an opportunity to capitalize on markets like London, which continues to thrive as a global hub for property investment.

Entrepreneurs who focus on high-growth locations and long-term strategies will position themselves to benefit from both stability and appreciation, ensuring they are well-prepared for the challenges and opportunities ahead.

Next steps for aspiring real estate investors

If you’re ready to integrate real estate into your wealth-building strategy, here’s how to get started:

  1. Educate yourself: There are many resources out there to help you succeed. My YouTube channel and Buyer’s Agency Academy provide actionable insights into navigating the real estate market.

  2. Target high-growth markets: Focus on cities with strong infrastructure, population growth and innovation initiatives that drive property demand.

  3. Leverage financing options: Work with financial advisors to explore mortgages, shared equity models and other tools to optimize your investment strategy.

  4. Start small: Begin with manageable investments like rental properties to gain experience and build your portfolio.

  5. Partner with experts: Collaborate with seasoned consultants to ensure informed decisions that align with your goals.

Related: 8 Ways Real Estate Is Your Smartest Investment

As 2025 approaches, real estate continues to stand out as a cornerstone of financial security and wealth creation. Its ability to fulfill fundamental human needs, generate passive income and act as a hedge against inflation makes it an indispensable part of any diversified portfolio.

For entrepreneurs, real estate isn’t just about owning property; it’s about building lasting value, supporting communities and achieving long-term financial freedom. With guidance from experts, you can navigate this dynamic market and unlock its full potential in the year ahead.

Make 2025 the year you leverage the power of real estate to secure your financial future.



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Growing mortgage brokerages are under more CFPB scrutiny

Growing mortgage brokerages are under more CFPB scrutiny


The broker channel has seen significant growth. According to Inside Mortgage Finance estimates, brokers accounted for 18.2% of first-lien mortgage originations in the second quarter of 2024. That was up from 16.9% in Q2 2023 and a substantial increase from the historic low point of 9.8% at the end of 2014.

Targeting LO compensation

As the broker channel expands, so does its exposure to regulatory scrutiny, according to some industry participants. Questions remain about certain regulations, which sources believe the CFPB audits will help to clarify. This is particularly true for rules surrounding lender-paid and borrower-paid compensation, a structure unique to the channel.

Jonathon Haddad, chairman and CEO of the Association of Independent Mortgage Experts (AIME), expressed support for the audits, calling them “a long time coming.” 

“The broker owners I’ve spoken to who are being audited are professionals of high integrity, dedicated to acting in their clients’ best interests, and we believe the audits will confirm this,” Haddad said. “As it currently stands, the primary focus has been on originator compensation structures — an area that deserves attention.”

The Dodd-Frank Act allows mortgage brokers to be paid by lenders, but these contracts are typically renewed every three months. Borrowers can also pay the fee themselves, creating room for negotiation.

Sources told HousingWire that borrower-paid compensation, which is often 50 to 100 basis points lower than lender-paid compensation, enables LOs to compete with the pricing exceptions offered by retail loan officers in a competitive market.

While regulations provide clear guidelines — such as prohibiting dual compensation from the borrower and lender, and banning compensation tied to transaction terms — they offer little clarity on when LOs can switch between lender-paid and borrower-paid compensation structures.

“I do believe that competition is always good for the consumer, and the CFPB should allow brokers to give credit to the consumer,” said Thuan Nguyen, CEO and founder of Loan Factory. “But the rule is not clear at all. It’s very muddy. That’s the risk of running a mortgage brokerage. We have to deal with it and don’t have a choice. We wish that the regulator can be clear on this.”

Colgate Selden, a founding member of the CFPB and an attorney at SeldenLindeke LLP, explained that some companies don’t allow LOs to switch from a lender-paid to borrower-paid compensation model after certain stages in the transaction — such as after disclosures or the loan estimate are issued — due to associated risks. He noted that this situation “hasn’t really been fully vetted.”

Sources said another issue on the CFPB’s radar is whether brokerage firms are directing most of their loans to a single wholesale lender while advertising that they are shopping around. 

This scrutiny comes in the wake of a class-action-seeking lawsuit against United Wholesale Mortgage (UWM), the largest U.S. wholesale lender. The lawsuit alleges that the company conspired with mortgage brokers to apply excessive fees and costs to borrowers. In response, UWM has called the accusations a “sham.” 

“If you broker 99% of your loans to one lender while marketing to people that you work with a bunch of lenders to find the best pricing, that has characteristics of what was happening before the meltdown in 2008, and the reasoning for the LO comp rule. That’s deceptive or a misrepresentation to the borrower,” Selden said.

Experts said a potential safe harbor for brokers is to work with at least three different lenders — not just three different products or scenarios.

“We’re starting to promote this approach as much as possible,” Sweeney said. “Most people operate in that manner, but there are times when one lender might have two different products viable for that consumer, and then your third option is from a second lender. It does sound like the CFPB is looking for three different lenders, not just three different products.” 

Requests for more lender options are growing amid increasing concentration in the wholesale lending market, where UWM and Rocket Mortgage dominate. Many brokers cite these two companies for their advanced technology, high-quality service and sometimes more competitive pricing.

At Loan Factory, Nguyen said his brokers work with 200 lenders and each loan runs through a pricing engine that compares offerings. But despite all of these options, 40% of Loan Factory’s loans are directed to a single lender.

“We have a big team of compliance staff to help. And of course we are planning to hire more now,” Nguyen said. “If the CFPB steps in, then it will be extra work, extra resources to be put into compliance.” 

Future of the bureau

Industry experts believe the CFPB could undergo significant changes under the second Trump administration. Elon Musk, the world’s richest man and the owner of Tesla, SpaceX and the social media platform X, has even called for the CFPB to be dismantled as part of his broader scrutiny of government spending.

“Traditionally, around D.C., if a regulatory agency starts an examination or enforcement action, the new incoming administration lets it proceed,” Selden said, adding that there was the case in the past when enforcement actions were shut down. “I would think that even the new administration may want to just continue gathering data, at least to monitor what’s going on in the market.” 

But McKay expressed caution.

“If any broker is sitting there crossing their fingers, hoping that the new administration solves their compliance problem, that’s a bad strategy,” McKay said. “There will definitely be changes within the CFPB, but even if there’s still the possibility it could all go away, this is more of a change within the broker channel than it is with the CFPB behavior.”



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A 5-Minute Guide to Building a Legacy Team

A 5-Minute Guide to Building a Legacy Team


Opinions expressed by Entrepreneur contributors are their own.

Building a strong team starts with a strong internal brand. Clear and consistent brand messaging articulates your company’s mission and values. A well-defined culture guides the behavior and decision-making of your current employees and helps attract candidates who share your company’s vision. Consistency in messaging helps ensure that everyone on your team, from new hires to seasoned employees, understands the organization’s culture and expectations.

A strong employer brand can reduce your cost per hire and attract the right candidates. Establish talent branding initiatives, such as defining your Employee Value Proposition (EVP), maintaining an active social media presence, and sharing employee stories, can help position your company as an employer of choice. These activities help showcase your organization’s culture, values, and work environment, making it easy for candidates to see themselves as part of your team.

Related: Considering franchise ownership? Get started now to find your personalized list of franchises that match your lifestyle, interests and budget.

Lead by example

The phrase “lead by example” has never been more important. It’s not just a cliché; it’s a critical building block for creating a strong, cohesive, and high-performing team. Leaders who embody the values and principles they expect from their team can significantly impact their organization’s culture and productivity. Setting high standards for your behavior and your team’s behavior is crucial to being a successful leader.

When you lead by example, you create a model that others will want to follow, and that can foster an environment of trust and respect. Consistency and fairness in decision-making are equally important. When leaders make fair and consistent decisions, they create a safe and supportive environment. This helps build trust and encourages team members to fully embrace their roles secure in the knowledge that their contributions are valued and rewarded fairly. This environment promotes loyalty and commitment, essential to a high-performing team.

Foster a culture of innovation

Cultivate an environment that thrives on innovation. A workplace that nurtures and encourages creative thinking empowers employees to generate novel ideas and solutions, driving the organization forward. This process begins with arming your team with the right tools and training. Investing in cutting-edge technology and providing continual learning opportunities keeps your team up-to-date and inspires them to venture into unexplored domains.

As a leader, you play a pivotal role in promoting a culture where your team feels safe to experiment and make calculated decisions. It’s about instilling a mindset that perceives setbacks as stepping stones to growth. When your team understands that mistakes are part of the journey toward innovation, they’re more inclined to challenge the norm and think outside the box. This kind of environment thrives on open dialogue and a supportive ethos.

Related: The Critical First 100 Days of Onboarding — What You’re Likely Overlooking That Could Make or Break Your New Hire

Clearly defined roles and potential growth

For each of your key leadership roles, detail responsibilities, expectations, and key performance indicators (and ensure that each manager uses the same approach downline). This clarity enhances individual accountability and builds a sense of purpose and ownership within the team.

In addition, offering training programs, mentorship, and coaching opportunities provide valuable tools that help employees develop new skills and take on different roles. Encouraging your team to step out of their comfort zones and tackle projects or tasks that challenge them will create a culture of learning and innovation. This benefits the employee and brings new perspectives and increased expertise to the team.

Promoting work-life balance

Balancing work and personal life is essential for a happy and productive workforce. Simply stated, it’s one way to demonstrate that you care about your team’s happiness. I have found that creating a work environment that supports the overall well-being of employees is essential. This can be achieved by providing wellness programs, mental health resources, and recreational facilities. Encouraging employees to take regular breaks, offering healthy food options, and organizing team-building activities can also help to create a positive work environment. These efforts can lead to increased employee satisfaction and a more productive workforce.

But remember, it’s not just about the perks. It’s about investing in the long-term success of your team. When employees feel valued and supported, they’ll stick around and give their all. Prioritizing these areas can help you build a high-achieving, happy, and committed team to your company’s vision.

Related: See The Entrepreneur 2024 Top Franchise Supplier List



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Need Photoshop? Think Again. Meet Its Simpler, AI-Powered Sibling.

Need Photoshop? Think Again. Meet Its Simpler, AI-Powered Sibling.


Disclosure: Our goal is to feature products and services that we think you’ll find interesting and useful. If you purchase them, Entrepreneur may get a small share of the revenue from the sale from our commerce partners.

Creating professional-looking photos feels like pulling teeth. Photoshop is too complicated for most, and Canva doesn’t have many of the tools you really want, so where else can you turn? Try this AI-powered photo editor instead.

With some help from artificial intelligence, anyone can achieve pro-level results with Luminar Neo. With this early Cyber Monday deal, you can get a bundle of the software’s lifetime download for Windows or Mac, a video tutorial, and packs of preset filters for $144.97 (a $752 value). Check out now before the bundles sell out.

Whatever felt impossible before is now at your fingertips

Your product photos, social media content, and headshots will never be the same now that you can give them the attention they deserve. Here’s a workflow you might follow in Luminar Neo:

  1. Remove unwanted objects and details with AI.
  2. Enhance the photo’s quality or your skin to perfection with AI.
  3. Adjust the lighting, color, and contrast.
  4. Save the preset for a consistent look across future photos.

When you buy the AI photo editor, you also get a video tutorial on how to use it. A professional photographer and editor walks you through the best way to use each tool, but you could simply click around yourself—it’s that simple to use.

Those wanting an even simpler photo-editing solution will appreciate the six packs of included photo presets. You could transform your pictures with Frosty Winter, Tranquil Dawn, or Tender Blushing Skies add-ons with just a click.

Head straight to checkout to get the Luminar Neo photo-editing lifetime bundle for $144.97 (reg. $752). You won’t find a better price anywhere else for Cyber Monday.

StackSocial prices subject to change.



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The Tools Every Entrepreneur Needs and No Subscriptions Required for Cyber Monday

The Tools Every Entrepreneur Needs and No Subscriptions Required for Cyber Monday


Disclosure: Our goal is to feature products and services that we think you’ll find interesting and useful. If you purchase them, Entrepreneur may get a small share of the revenue from the sale from our commerce partners.

For entrepreneurs, having the right resources isn’t optional — it’s essential. Microsoft Office 2019 offers tools you need to run your business efficiently, whether you’re working on a Mac or a Windows PC, which are priced at $39.99 and $32.97, respectively, for Cyber Monday.

Microsoft Office Professional Plus 2019 for Windows — compatible with Windows 10 or 11, but not compatible with Windows 7 or 8 — provides a complete suite of apps, including Word, Excel, PowerPoint, Outlook, OneNote, Publisher, and Access. From analyzing complex data to creating polished presentations, this version is ideal for professionals who need powerful tools to handle demanding tasks.

On the other hand, Microsoft Office Home and Business 2019 for Mac delivers a streamlined set of tools that are designed to work seamlessly with macOS 13, 14, or 15, and includes Word, Excel, PowerPoint, Outlook, OneNote, and Teams Classic.

Both licenses are a one-time purchase, offering lifetime access to these industry-standard tools. That means no subscription fees, just powerful software to help you grow your business.

Whether you’re drafting your next big pitch or crunching numbers to close a deal, Microsoft Office 2019 has you covered. Choose the version that fits your setup and get ready to take your productivity to the next level.

Take advantage of this Cyber Monday sale on two lifetime deals:

StackSocial prices subject to change.



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Entrepreneurs Can Learn ChatGPT with This  Bundle

Entrepreneurs Can Learn ChatGPT with This $30 Bundle


Disclosure: Our goal is to feature products and services that we think you’ll find interesting and useful. If you purchase them, Entrepreneur may get a small share of the revenue from the sale from our commerce partners.

Leveraging technology to stay ahead is no longer optional—it’s a necessity. Generative AI is already a cornerstone of modern business, and a recent Data Iku report even highlighted that 90% of business leaders are investing in AI.

Business owners must understand how AI can streamline operations, enhance customer engagement, and drive growth. Whether you’re managing a small enterprise or a growing company, equipping yourself with the skills to harness AI can transform the way you operate and innovate, and The ChatGPT and Automation E-Degree is how you get caught up. This 25-hour AI learning bundle breaks down the potential of AI for business owners in 12 courses, and the price just dropped for Black Friday: it’s just $29.99 for lifetime access (reg. $790).

How to use AI for your business

This comprehensive program teaches you how to integrate AI tools into various aspects of business, from automating workflows to creating impactful data visualizations. Featuring practical applications tailored to industries like marketing, operations, and client services, this program provides a comprehensive guide for implementing AI solutions that improve efficiency and decision-making.

Business owners will learn how to use ChatGPT for automating customer support interactions or how to analyze raw data to extract actionable insights. These skills empower businesses to enhance productivity while delivering tailored experiences to their customers.

The courses go beyond just technical knowledge, offering hands-on experience with real-world scenarios. Whether it’s optimizing resource allocation or crafting personalized marketing campaigns, business owners gain the confidence to apply AI strategically.

Study AI and change how you do business.

Get the ChatGPT and Automation E-Degree for $29.99.

ChatGPT & Automation E-Degree – $29.99

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Black Friday Has Arrived: This MacBook Air Has Had Its Price Slashed by More Than 70%

Black Friday Has Arrived: This MacBook Air Has Had Its Price Slashed by More Than 70%


Disclosure: Our goal is to feature products and services that we think you’ll find interesting and useful. If you purchase them, Entrepreneur may get a small share of the revenue from the sale from our commerce partners.

Maybe you have a techie on your shopping list who could use an upgrade. Or maybe you need a low-cost, reliable laptop to take on the road. No matter who it’s for, you’ll pay a lot less than you normally would for an Apple machine.

For a limited time and with limited quantities, you can get your hands on a grade-A refurbished Apple MacBook Air 13.3″ for just $229.97 (typically $999) during Black Friday. This means it should arrive in near-mint condition with only the possibility of light cosmetic blemishes.

Enjoy a crisp 13.3″ widescreen display with a 1440×900 resolution, perfect for presentations, video calls, or streaming on the go. And with a 1.8GHz Intel Core i5 processor, you’ll experience smooth performance for multitasking, browsing, and running essential applications.

Weighing in at under three pounds, this MacBook Air is designed to slip into any carry-on, backpack, or tote for easy travel. Plus, it boasts up to 12 hours of battery life, making it a perfect choice for long flights, busy workdays, or keeping up with productivity away from the desk.

This model comes equipped with 128GB SSD storage—enough to keep important files, presentations, and media in one place. The Intel HD Graphics 6000 ensures smooth graphics for video calls, streaming, and more. And you can stay connected no matter where you are with Wi-Fi capabilities, while Bluetooth support lets you transfer files seamlessly from other devices.

This low price makes the refurbished MacBook Air 13.3″ an outstanding gift for anyone who values quality tech, whether a student, frequent traveler, or team member in need of a reliable laptop.

Or, if you’re simply looking for a work-ready device that fits in any bag, this lightweight MacBook Air could be your perfect travel partner.

Get a grade-A refurbished Apple MacBook Air 13.3″ for just $229.97 (typically $999) while inventory is still available. Act before this Black Friday offer ends December 1 at 11:59 p.m. PT.

Apple MacBook Air 13.3″ (2017) 1.8GHz i5 8GB RAM 128GB SSD Silver (Refurbished)

Only $229.97 at Entrepreneur

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The Top 10 Burger Franchises in 2024

The Top 10 Burger Franchises in 2024


In the sizzling world of fast food, burger franchises reign supreme. From classic cheeseburgers to gourmet creations piled high with crave-worthy toppings, these franchises have mastered the art of leaving customers craving more.

In this article, sink your teeth into the top burger franchises according to the 2024 Franchise 500 Ranking, each flipping their way to fame with mouthwatering menus and a side of entrepreneurial flair. From nostalgic diners serving up comfort on a bun to trendy joints pushing the boundaries of burger innovation, these franchises cater to every palate and preference. With a winning combination of savory flavors, efficient service and widespread popularity, they’ve earned their spot at the top of the fast-food hierarchy.

So grab a napkin and get ready to indulge in the best burger experiences the franchising world has to offer.

Related: Considering franchise ownership? Get started now to find your personalized list of franchises that match your lifestyle, interests and budget.

1. Culver’s

  • Founded: 1984
  • Franchising since: 1988
  • Overall rank: 7
  • Number of units: 978
  • Change in units: +21.0% over 3 years
  • Initial investment: $2,800,000-$6,900,000
  • Leadership: Rick Silva, CEO
  • Parent company: Culver Franchising System LLC

Starting a Culver’s franchise can be a lucrative opportunity due to its widespread popularity and loyal customer base across 26 states. Culver’s offers quality fast food items like ButterBurgers, frozen custard desserts and cheese curds. Founded in 1984 in Wisconsin, Culver’s has grown to over 900 restaurants under the leadership of Craig Culver, making it an attractive option for ambitious franchisees. With a straightforward franchising system and a requirement for owner-operators, Culver’s offers hands-on business management opportunities for individuals with experience in the fast food industry.

Related: Culver’s Is Punching Way Above Its Weight In the Fast Food World, Thanks to This Unique Growth Strategy

2. Wendy’s

  • Founded: 1969
  • Franchising since: 1971
  • Overall rank: 17
  • Number of units: 7,282
  • Change in units: +5.8% over 3 years
  • Initial investment: $310,000-$2,800,000
  • Leadership: Kirk Tanner, President & CEO
  • Parent company: Wendy’s Int’l. Inc.

Starting a Wendy’s franchise offers numerous advantages, given its longstanding success and strong brand recognition since its founding by Dave Thomas in 1969. With approximately 94% of its locations franchised, Wendy’s presents ample opportunities for entrepreneurs in the fast-food industry. Known for its quality food and efficient service, Wendy’s menu includes hamburgers, fries and famous Frosty desserts, appealing to customers globally. Franchisees enjoy autonomy in pricing, operations and management decisions, along with extensive training and support from the franchisor. Although the initial investment can be significant, Wendy’s offers a pre-established customer base and a relatively affordable entry point compared to other franchises.

3. McDonald’s

  • Founded: 1955
  • Franchising since: 1955
  • Overall rank: 18
  • Number of units: 42, 406
  • Change in units: +7.6% over 3 years
  • Initial investment: $1,500,000-$2,600,000
  • Leadership: Chris Kempczinski, CEO
  • Parent company: N/A

McDonald’s, a global fast-food giant, traces its roots back to the 1940s when Dick and Mac McDonald opened a drive-in burger joint in San Bernardino, California. Streamlining operations and offering a simple menu of burgers, fries and shakes, the McDonald brothers expanded their business and introduced iconic elements like the golden arches and distinctive colors. In the 1950s, Ray Kroc joined as their franchise agent, leading the expansion eastward and internationally. McDonald’s growth was propelled by innovations like Hamburger University, Play Places and memorable slogans. Today, with over 40,000 locations in more than 100 countries, McDonald’s remains a dominant force in the fast-food industry.

Related: McDonald’s Made a Simple Change to a Cult-Favorite Menu Item. Now, the Sandwich Is a $1 Billion Brand

4. Burger King

  • Founded: 1954
  • Franchising since: 1961
  • Overall rank: 38
  • Number of units: 19,739
  • Change in units: +4.1% over 3 years
  • Initial investment: $2,000,000-$4,700,000
  • Leadership: Chris Elias, Sr. Director, Business Development & Franchising
  • Parent company: Restaurant Brands Int’l.

Burger King, a renowned fast-food chain, began as Insta-Burger King in 1953 before rebranding in 1967 and expanding globally. With a menu featuring iconic items like the Whopper, Burger King boasts widespread recognition and a strong customer base. Starting a Burger King franchise offers numerous benefits, including access to financial assistance through programs like DiversityFran, extensive franchise opportunities and comprehensive support from Burger King’s franchise team. Leveraging the brand’s global recognition and customer base, Burger King franchises can quickly establish themselves in their communities and generate revenue. For aspiring fast-food entrepreneurs, starting a Burger King franchise presents a lucrative opportunity for success.

5. Sonic Drive-In

  • Founded: 1953
  • Franchising since: 1959
  • Overall rank: 50
  • Number of units: 3,521
  • Change in units: +0.6% over 3 years
  • Initial investment: $1,700,000-$3,400,000
  • Leadership: Jim Taylor, President
  • Parent company: Inspire Brands

Sonic Drive-In stands out as a successful franchise opportunity in the dwindling drive-in restaurant industry, maintaining its popularity and serving millions of customers annually. With its enduring drive-thru business model and a menu featuring hamburgers, hot dogs and onion rings, Sonic has thrived for more than 60 years. As one of the largest drive-in chains headquartered in Atlanta, Georgia, Sonic offers franchisees the chance to capitalize on its established brand and expand into all 50 states. For aspiring entrepreneurs seeking a resilient and profitable fast-food franchise, Sonic presents a compelling opportunity to succeed in a competitive market.

6. Freddy’s Frozen Custard & Steakburgers

  • Founded: 2002
  • Franchising since: 2004
  • Overall rank: 67
  • Number of units: 531
  • Change in units: +26.9% over 3 years
  • Initial investment: $898,000-$2,800,000
  • Leadership: Chris Dull, President & CEO
  • Parent company: N/A

Freddy’s Frozen Custard & Steakburgers, established in 2002, offers a unique blend of freshly churned frozen custards and ground beef steakburgers. With nearly 500 locations across the United States and some internationally, the franchise’s appeal lies in its ease of operations, well-priced menu and focus on quality over quantity. By joining Freddy’s franchise, entrepreneurs can tap into its established brand and commitment to hospitality, making it an enticing opportunity in the competitive restaurant industry.

Related: See Where These Franchises Ranked in Our 2024 Franchise 500

7. The Habit Burger Grill

  • Founded: 1969
  • Franchising since: 2013
  • Overall rank: 117
  • Number of units: 382
  • Change in units: +28.2% over 3 years
  • Initial investment: $1,500,000-$1,800,000
  • Leadership: Shannon Hennessy, CEO
  • Parent company: Yum! Brands

The Habit Burger Grill, known for its delectable burgers, chicken and tuna sandwiches, offers a tempting menu for potential franchisees. Originating in 1969 in Goleta, California, it expanded to become a fast-casual dining experience, reaching its 300th location by 2021, including international branches in Cambodia and China.

8. Carl’s Jr.

  • Founded: 1945
  • Franchising since: 1984
  • Overall rank: 123
  • Number of units: 1,709
  • Change in units: +3.0% over 3 years
  • Initial investment: $1,500,000-$3,200,000
  • Leadership: Max Wetzel, CEO
  • Parent company: CKE Restaurant Holdings Inc.

Since 1941, Carl’s Jr. has grown from a single drive-in to a global franchise chain offering a diverse menu of American and Mexican cuisine. Through hard work and exceptional customer service, Carl’s Jr. expanded to over 1,600 franchises in the U.S. and internationally. Known for its signature charbroiled Black Angus beef burgers, Carl’s Jr. attracts a wide customer base with its breakfast, lunch and dinner offerings. Franchise owners benefit from ongoing product development efforts and a digital customer loyalty program, ensuring continued success and customer satisfaction.

9. A&W Restaurants

  • Founded: 1919
  • Franchising since: 1925
  • Overall rank: 170
  • Number of units: 865
  • Change in units: -6.0% over 3 years
  • Initial investment: $287,000-$1,600,000
  • Leadership: Kevin Bazner, CEO
  • Parent company: A&W Restaurants

A&W Restaurants offers franchise opportunities for those seeking to bring the taste of classic Americana to their community. Founded in 1919 and franchising since 1925, A&W is known for its root beer and a menu featuring burgers, hot dogs, chicken, sides and ice cream. The franchise prioritizes community connection, with decisions made by a franchise association board and corporate office staff required to work in a restaurant quarterly. Financial readiness for initial and ongoing fees, including advertising and royalty fees, is essential for prospective franchisees.

10. Jack in the Box

  • Founded: 1951
  • Franchising since: 1982
  • Overall rank: 193
  • Number of units: 2,191
  • Change in units: -1.0% over 3 years
  • Initial investment: $1,800,000-$4,200,000
  • Leadership: Tim Linderman, CDO
  • Parent company: Jack in the Box Inc.

Jack in the Box was founded in 1951 by Robert O. Peterson in San Diego as a drive-thru burger restaurant. It expanded outside California in 1960 and began franchising in 1982. Today, it offers a diverse menu including hamburgers, chicken sandwiches, breakfast items, tacos, salads, shakes and sides.

Related: See Who Made This Year’s Franchise 500 Hall of Fam



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