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Updated over 8 years ago on . Most recent reply

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Henry Montgomery III
  • Gainesville, FL
14
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93
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First Post BIG Question

Henry Montgomery III
  • Gainesville, FL
Posted
This is my first post here on bigger pockets! I have been learning about real estate investing and different niches to invest in. I have a simple question for everyone on the bigger pockets community and that is what niche did you get started in and why?

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40
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Linnea Minnema
  • Rental Property Investor
  • Birmingham, AL
31
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40
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Linnea Minnema
  • Rental Property Investor
  • Birmingham, AL
Replied

@Henry Montgomery III

http://turnkey-reviews.com/ is a great website that is run by a BP member, Brie Schmidt, that gets into detail about turnkey providers.  Essentially, they are companies that buy distressed properties, rehab them, and sell to investors.  They usually have eithe in-house prop management or relationships with prop managers, so it can be a really seamless system.  Due diligence is KEY here, as there are many horror stories on BP where the turnkey property didn't cash flow and proved to be a bad investment.  Always do your homework, even when there is a system to follow.

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