Turnkey investment property companies.
Member since 2023 · 11 posts · 8 votes
Turnkey investment property companies.
Most Popular Reply
Zach LemasterBusiness Member
Rental Property Investor · Denver, CO · Member since 2015 · 1k+ posts · 3k+ votesThanks for the interest! If you search the forums, there is a ton of discussion already had on these topics for many years now. I will help to point you in the right direction of some threads. Of course, feel free to reach out with any questions you have at any point in time.
https://www.biggerpockets.com/users/ZacharyCole/references
https://www.biggerpockets.com/forums/92/topics/765347-rent-to-retirement-review
https://www.biggerpockets.com/forums/92/topics/1116050-a-huge-win-with-cori-from-rent-to-retirement
https://www.biggerpockets.com/co/RentToRetirement
https://www.biggerpockets.com/forums/92/topics/808479-rent-to-retirement-experiences
https://www.biggerpockets.com/forums/67/topics/952977-turnkey-in-indianapolis-through-rtr-case-study
https://www.biggerpockets.com/forums/12/topics/533693-anyone-worked-with-renttoretirement-turnkey
https://www.biggerpockets.com/forums/92/topics/581730-rent-to-retirement-zach
4 Replies
- 3yZach LemasterBusiness MemberRental Property Investor · Denver, CO · Member since 2015 · 1k+ posts · 3k+ votes
Thanks for the interest! If you search the forums, there is a ton of discussion already had on these topics for many years now. I will help to point you in the right direction of some threads. Of course, feel free to reach out with any questions you have at any point in time.
https://www.biggerpockets.com/users/ZacharyCole/references
https://www.biggerpockets.com/forums/92/topics/765347-rent-to-retirement-review
https://www.biggerpockets.com/forums/92/topics/1116050-a-huge-win-with-cori-from-rent-to-retirement
https://www.biggerpockets.com/co/RentToRetirement
https://www.biggerpockets.com/forums/92/topics/808479-rent-to-retirement-experiences
https://www.biggerpockets.com/forums/67/topics/952977-turnkey-in-indianapolis-through-rtr-case-study
https://www.biggerpockets.com/forums/12/topics/533693-anyone-worked-with-renttoretirement-turnkey
https://www.biggerpockets.com/forums/92/topics/581730-rent-to-retirement-zach - 3yChris ClothierBusiness MemberRental Property Investor · memphis, TN · Member since 2009 · 2k+ posts · 3k+ votes
Quote from @Aaron Toczylowski:
Has anyone had experience going through companies like rent to retirement or Memphis invest? I was hoping to talk to someone about what their thoughts were on the experience, pros or cons?
Thank you for the interest in Memphis and my families' company. Memphis Invest rebranded a few years back to REI Nation once we had moved into over a dozen markets across the Southeast and wanted to properly represent the company. Memphis is still our home and main headquarters and where the owners spend most of their time. Dallas is our second HQ and has a good number of our executive team there as well. We are situated across the Southeast from Texas to Alabama and have optional plans to expand to the eastern seaboard and down through Florida.
As Zach stated in his response, you can look up both Memphis Invest and REI Nation and find multiple forum discussions. I warn you in advance that some go on for a lot of pages! One of the things you will find consistent is whether the forum is a discussion about a huge win or an issue an investor is having or had in the past, we are always responding. After two decades in business and managing close to 8,000 single-families for investors like yourself, we are not perfect, but strive to be! We are always looking to communicate and be transparent with the good and the bad.
Feel free to read the forums and interact with past investors. Most are perfectly willing to share their experiences and will most likely be the most open through the messaging system. If I can do anything for you, please feel free to reach out. If we are not a good fit and you are interested in Memphis, I'd be happy to help you find other companies in the city who might be able to hit your goals.
Best of luck as you get started!
- Real Estate Broker · Coppell, TX · Member since 2011 · 5k+ posts · 4k+ votes3y
Why turnkey? Just buy a renovated property or one in good shape and put it up for rent yourself or hire a property manager to do it for you.
Many of the TK companies seem to buy in rougher areas with rougher tenants to meet investor expectations on prices and ROI. Not always that easy. While there are many happy customers, there are also plenty of unhappy ones.
If you go this route I would 100% make sure you do a home inspection. Your own, not one they provide. Also go in person to see the house and the area. Don't depend on web resources like google street view. No excuse not to do a site visit.
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