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ForumsArrowReal Estate Agent ForumsArrowLooking for a turnkey provider that's in multiple markets.
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Looking for a turnkey provider that's in multiple markets.

9 Replies

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  • Posts 1
  • Votes 3

Oscar E Yerena
New to Real Estate from Hollister, CA

posted about 2 months ago

Hey guys/gals, I'm looking to get into real estate investing and as much as I would love to do BRRRR I just don't see myself doing that at this moment.

So I'm looking for a Turnkey provider that is located in multiple markets and is rookie friendly.

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Check Rosette Top Subjects:
Analyze Deals, Rentals, and Tenants
  • Posts 11K
  • Votes 16K

Nathan G. (Moderator) -
Real Estate Broker from Cody, WY

replied about 2 months ago

Check out Memphis Invest. I don't invest with them but I know they are 100% turnkey, they appear to be a professional organization with thousands of turnkey investments under management, and they operate in about 8 states.

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Check Rosette Top Subjects:
Team and Maintenance
  • Posts 138
  • Votes 102

Bradley Sriro
Licensed Realtor & Investor from Miami, FL

replied about 2 months ago
Originally posted by @Oscar E Yerena :

Hey guys/gals, I'm looking to get into real estate investing and as much as I would love to do BRRRR I just don't see myself doing that at this moment.

So I'm looking for a Turnkey provider that is located in multiple markets and is rookie friendly.

I agree with @Nathan G. ... Memphis invest has since been renamed REI Nation though. They are one of the larger turnkey providers and they operate in several markets including: Memphis TN, Little Rock AR, Oklahoma City OK, Tulsa OK, Dallas TX, Houston TX, San Antonio TX, and Kansas City MO. I have not invested with them yet; however, years ago I read a great book that one of their partners @Chris Clothier wrote about investing in turnkey called Turnkey Revolution. If you search for REI Nation on BP, you will find plenty of information about them. I am sure you can also reach out to Chris Clothier directly for more info as he is pretty active on BP. Below is a link to their website.

REI Nation

I also invest using the turnkey model... If you ever have any questions, feel free to drop me a message. Best of luck on your search! 

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Check Rosette Top Subjects:
Rentals and Traditional Financing
  • Posts 187
  • Votes 349

Joseph Schweizer
Investor

replied about 2 months ago

Hi @Oscar E Yerena!

I closed on my first investment property this past October 2020. It was an out of state, turnkey property. I detailed my experience in the post below. I would be happy to share my experience if you are interested, or if you had any questions.

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

Best Wishes!

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Check Rosette Top Subjects:
Analyze Deals, Rentals, and Tenants
  • Posts 11K
  • Votes 16K

Nathan G. (Moderator) -
Real Estate Broker from Cody, WY

replied about 2 months ago
Originally posted by @Bradley Sriro :

I agree with @Nathan G.... Memphis invest has since been renamed REI Nation though.

Thanks for that update. I had no idea they rebranded.

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  • Posts 16
  • Votes 6

Rafael Quinonez
Real Estate Agent from Mount Laurel, NJ

replied about 2 months ago

@Oscar E Yerena what's your budget and would I consider NJ ?

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  • Posts 43
  • Votes 40

Andrew Akins
Realtor from Memphis, TN

replied about 2 months ago

Oscar look at Memphis and Little Rock Turnkey.  They are in two markets and locally owned and operated.  Both markets are great for cash flow with landlord friendly laws and low property taxes.  @oscar e yerena

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Check Rosette Top Subjects:
Rentals, Flipping, and Team
  • Posts 349
  • Votes 204

Timothy Lewis
Investor from Miami, FL

replied about 2 months ago
Originally posted by @Bradley Sriro :
Originally posted by @Oscar E Yerena:

Hey guys/gals, I'm looking to get into real estate investing and as much as I would love to do BRRRR I just don't see myself doing that at this moment.

So I'm looking for a Turnkey provider that is located in multiple markets and is rookie friendly.

I agree with @Nathan G. ... Memphis invest has since been renamed REI Nation though. They are one of the larger turnkey providers and they operate in several markets including: Memphis TN, Little Rock AR, Oklahoma City OK, Tulsa OK, Dallas TX, Houston TX, San Antonio TX, and Kansas City MO. I have not invested with them yet; however, years ago I read a great book that one of their partners @Chris Clothier wrote about investing in turnkey called Turnkey Revolution. If you search for REI Nation on BP, you will find plenty of information about them. I am sure you can also reach out to Chris Clothier directly for more info as he is pretty active on BP. Below is a link to their website.

REI Nation

I also invest using the turnkey model... If you ever have any questions, feel free to drop me a message. Best of luck on your search! 

 I third this.

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Check Rosette Top Subjects:
Tenants, Flipping, and Single Family
  • Posts 2.1K
  • Votes 1.7K

Will Fraser
Real Estate Broker from Oklahoma City, OK

replied about 2 months ago
Originally posted by @Andrew Akins :

Oscar look at Memphis and Little Rock Turnkey.  They are in two markets and locally owned and operated.  Both markets are great for cash flow with landlord friendly laws and low property taxes.  @oscar e yerena

Bahaha, well with this name is looks like they're going only in those two markets for a while!  

In light of the large and very public rebrand of Memphis Invest it surprises me when people get very specific, yet unfocused in naming.

 

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  • Posts 86
  • Votes 86

Gregg Cohen
Rental Property Investor from Jacksonville, FL

replied about 2 months ago

Hi @Oscar Caiazza , if you are looking for a top notch turnkey rental property company that operates in multiple markets, I'd recommend talking to @Chris Clothier of REI Nation. I own a different turnkey rental property company that focuses solely on the Jacksonville, FL market but have known Chris and his company for many years now and I have great respect for their team. You'd be a great hands.

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