Is Rent to Retirement legit?

3 Replies

New to investing and plan to purchase my first multi-family in the next 12-15 months. I came across Rent To Retirement during a property search here, and it seems that they are "preferred vendor" (for lack of a better term) on BiggerPockets? I ran their numbers on the property I found through the BP calculator. It was the first one I've ever done, so I likely made some errors.

My questions are...is Rent To Retirement a legit, reputable firm? It seems like they receive some good reviews. How valid are the numbers that they post on their property listings? Thanks!

Hi @Kyle Nichol !

I worked with Rent to Retirement for my first investment in October 2020 (See post below). I had a great experience purchasing the property and in the 8 months of ownership. With that said, 8 months in buy and hold real estate is a very short amount of time, so I would recommend also reaching out to someone who has done multiple investments with RTR to get their experience as well. 

To answer your questions: Rent to Retirement is legit and reputable, but you still need to do your due diligence on the properties and neighborhoods before you make a purchase from anyone including RTR. In my experience with my first (only so far) property, the numbers are as expected and I am happy with them. If you had any more questions for me, feel free to ask!

https://www.biggerpockets.com/forums/850/topics/895660-my-first-investment-property-an-out-of-state-deal

Best Wishes!

Originally posted by @Joseph Schweizer :

Hi @Kyle Nichol!

I worked with Rent to Retirement for my first investment in October 2020 (See post below). I had a great experience purchasing the property and in the 8 months of ownership. With that said, 8 months in buy and hold real estate is a very short amount of time, so I would recommend also reaching out to someone who has done multiple investments with RTR to get their experience as well. 

To answer your questions: Rent to Retirement is legit and reputable, but you still need to do your due diligence on the properties and neighborhoods before you make a purchase from anyone including RTR. In my experience with my first (only so far) property, the numbers are as expected and I am happy with them. If you had any more questions for me, feel free to ask!

https://www.biggerpockets.com/forums/850/topics/895660-my-first-investment-property-an-out-of-state-deal

Best Wishes!

Joseph, thank you so much for taking the time to reply and for posting the thread, of which I read in its entirety…and will likely read a few more times! Also, congratulations on your success thus far. It sounds like you are well on your way to a successful investing career. If it’s okay, I may be PM’ing you soon.  It appears that RtoR might be an option for me as well.

 

@Kyle Nichol

Ty for the reference Joe.   

Kyle,

If you would like to talk with me personally we can see what we can do for you, feel free to message me so we can connect when you are ready.  We can help you with your search for the right property.