Best websites for buying turn-key single family properties?

Buying & Selling Real Estate
10yFollow

Best websites for buying turn-key single family properties?

Dan G.
Fort Lauderdale, FL · Member since 2015 · 32 posts · 2 votes

I am trying to compile a list of the best websites/companies where I can find turn-key single family homes as investment properties around the US.  So far, I have found these:  homeunion.com, nexgeninvest.com, memphisinvest.com

Are there any other good ones?  I want to find as many as possible so I can compare what they offer.

Thanks!

Dan

0Reply
52 views

Most Popular Reply

David Hutson
Rental Property Investor · Tampa, FL · Member since 2013 · 404 posts · 421 votes
10y

I think this is like asking what is the best car to buy.  You'll need to set your criteria to make a list just for you.  Everyone has a different focus.  I may focus on 2000 and newer homes and you may focus on homes from 1950-1980 that will make you a 12% return and someone else may want homes in Ohio that are multifamily and earn 8%. 

Memphis, for example, has more turnkey companies that I can count on my hands but they are Very different in their focus.  They buy in different parts of town, at different price ranges, with different returns.  None are bad, just different.   I would bet that the other markets are the same.

4Reply
See this reply in the discussion

10 Replies

Jump to latestLatest
  • Curt DavisBusiness Member
    Flipper/Rehabber · Memphis, TN · Member since 2008 · 5k+ posts · 2k+ votes
    10y

    Every TK provider would feel like they should be on your list.  How did you come up with the 3 you listed above?  I would agree that one of your listed would be considered a top company.  

    You should figure out what market(s) your interested in and then start to narrow down your search with the better companies in those markets.  

    Also, you cant really base a good company by their website though it does play a small part.  Anyone can get a great looking website.

    Good luck

    Curt Davis - KAIZEN Realty538 Reviews
    WebsiteView Page
    1Reply
  • Larry Fried
    Investor/RE Broker · Eugene, OR · Member since 2014 · 3k+ posts · 968 votes
    10y

    I agree with Curt, but there is a company right there in Florida you should check out.  PM me and I will provide you the info.

    0Reply
  • Dan G.
    OP
    Fort Lauderdale, FL · Member since 2015 · 32 posts · 2 votes
    10y
    Originally posted by @Curt Davis:

    Every TK provider would feel like they should be on your list.  How did you come up with the 3 you listed above?  I would agree that one of your listed would be considered a top company.  

    You should figure out what market(s) your interested in and then start to narrow down your search with the better companies in those markets.  

    Also, you cant really base a good company by their website though it does play a small part.  Anyone can get a great looking website.

    Good luck

     The three I came up with seem to be reputable and are operating on somewhat of a large scale.  I am looking for the "top" (most reputable) turn-key real estate companies that I can count on to provide good service and not screw me.

    0Reply
  • Brie SchmidtBusiness Member
    Moderator
    Real Estate Broker · Chicago, IL · Member since 2013 · 6k+ posts · 5k+ votes
    10y
    Originally posted by @Dan G.:

    I am trying to compile a list of the best websites/companies where I can find turn-key single family homes as investment properties around the US.  So far, I have found these:  homeunion.com, nexgeninvest.com, memphisinvest.com

    Are there any other good ones?  I want to find as many as possible so I can compare what they offer.

    Thanks!

    Dan

     There are literally hundreds of tk companies with their own sites.  I know homeunion is a marketer, so they sell you properties from direct providers.  Memphis Invest is a direct provider.... And I am not sure about next gen.  

    Podcast Guest on Show #132
    Second City Real Estate4.821 Reviews
    WebsiteView Page
    1Reply
  • David Hutson
    Rental Property Investor · Tampa, FL · Member since 2013 · 404 posts · 421 votes
    10y

    I think this is like asking what is the best car to buy.  You'll need to set your criteria to make a list just for you.  Everyone has a different focus.  I may focus on 2000 and newer homes and you may focus on homes from 1950-1980 that will make you a 12% return and someone else may want homes in Ohio that are multifamily and earn 8%. 

    Memphis, for example, has more turnkey companies that I can count on my hands but they are Very different in their focus.  They buy in different parts of town, at different price ranges, with different returns.  None are bad, just different.   I would bet that the other markets are the same.

    4Reply
  • Dan G.
    OP
    Fort Lauderdale, FL · Member since 2015 · 32 posts · 2 votes
    10y

    With hundreds of turn key companies out there, many probably are fly by night or aren't great to work with. Who are the big boys/major players who have good reputations? 

    0Reply
  • Jeff B.
    Buy & Hold Owner · Redlands, CA · Member since 2015 · 5k+ posts · 2k+ votes
    10y

    FAMOUSLY obscure question, "What is the best ____"?  It's impossible to answer meaningfully as there's no criteria state to make the evaluation.

    Consider:  

    • customer service
    • clear and easy to understand documentation
    • largest inventory 
    • selectively chosen inventory
    • able to present the properties that match your budget and preferences

    that list is the tip of the iceberg as it could go on for pages.

    I get this all the time with computers and software - - we all fall into this  trap from time to time.

    1Reply
  • Larry Fried
    Investor/RE Broker · Eugene, OR · Member since 2014 · 3k+ posts · 968 votes
    10y
    Originally posted by @Brie Schmidt:
    Originally posted by @Dan G.:

    I am trying to compile a list of the best websites/companies where I can find turn-key single family homes as investment properties around the US.  So far, I have found these:  homeunion.com, nexgeninvest.com, memphisinvest.com

    Are there any other good ones?  I want to find as many as possible so I can compare what they offer.

    Thanks!

    Dan

     There are literally hundreds of tk companies with their own sites.  I know honeymoon is a marketer, so they sell you properties from direct providers.  Memphis Invest is a direct provider.... And I am not sure about next gen.  

    nextgen is not what I would consider a true turnkey company. They have you buy the house they have identified, then pay them to do the rehab. They then market for a renter. Essentially you have to come to it with all cash and take all the risk. I believe they also charge a set-up free for an LLC , etc that is substantial.

    0Reply
  • Gautam Venkatesan
    Investor · Dallas, TX · Member since 2013 · 619 posts · 128 votes
    10y

    Check out turnkey-reviews.com

    0Reply
  • Ali Boone
    Real Estate Coach · Venice Beach, CA · Member since 2012 · 6k+ posts · 3k+ votes
    10y

    Are you trying to compile a list for others to use or just a list of companies for you to work through to buy properties? I've been involved with turnkeys for 4 years now--both buying and working with turnkey companies, and I don't think anything is quite as straightforward as it may seem in terms of who to work with and all that. If it's you looking for properties, what is your budget and/or interest levels with properties? Every market, and therefore every company, will offer something different. So comparing apples to oranges will only help so much. If it's properties for you, let me know what you might be looking for and I can make some recommendations.

    Ft. Laudy! I was born in Cooper City and later moved to Hollywood to work for a little while after college :)

    0Reply
Join the conversationCreate a free account to reply, vote on answers and follow this thread.
Log InJoin for Free