Using Turnkey companies

[Reem S.]

Hi everyone! I recently started my journey to invest and n RE and came across Turnkey companies. Why aren’t more people using turnkey companies like Rent to Retire to invest in RE? They seem like such simpler way to go when it comes to finding deals. Is there a catch?

Thanks!

[Zach Lemaster]

@Reem S.

Many many investors are going the TK route.  It really just depends on your goals & criteria.  TK is a great way to get started where you have an immediate support team to help you build an initial strategy.  This is a great way to dip your toes into investing where you have experienced investors assisting you in breaking into a market that has great returns, but you might not be local to, or familiar with.  We've had many investors that started with us, and then went on to build their own very successful portfolio taking a more active role.  We've also had many investors that are very busy professionals that don't want to be hands on, and want to minimize their time with their investments.  In this case TK is an excellent option for those investors.  You question is "why aren't more investors going the TK route" which I guess I'm curious where that question is coming from.  There are thousands of investors that successfully are investing via the TK route.  Maybe you just haven't networked with enough of them?  Below are some forum posts that will allow you to see other investors that invested via TK, and how their experiences have been.  I'm happy to answer any specific questions you have on anything.

https://www.biggerpockets.com/users/ZacharyCole/references

https://www.biggerpockets.com/forums/92/topics/518583-feedback-on-renttoretirement-and-zach-lemaster

https://www.biggerpockets.com/forums/92/topics/765347-rent-to-retirement-review

https://www.biggerpockets.com/forums/92/topics/893621-rent-to-retirement-review?highlight_post=5222888&page=1#p5222888

https://www.biggerpockets.com/forums/92/topics/808479-rent-to-retirement-experiences

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

https://www.biggerpockets.com/forums/48/topics/874096-reviews-on-r2r-and-nch?page=1&utm_source=Iterable&utm_medium=email&utm_campaign=Transactional:%20topic_notification&utm_content=Transactional#p5123754

https://www.biggerpockets.com/forums/311/topics/883772-turnkey-investing-renttoretirement-feedback-reviews?highlight_post=5171720&page=1#p5171720

https://www.biggerpockets.com/users/ZacharyCole/references