Atlanta Turnkey Buy and Hold Market

Atlanta Turnkey Buy and Hold Market

Investor · Birmingham, AL · Member since 2016 · 18 posts · 2 votes

Hello everyone!  I'm a long time reader, first time poster.  :)    The wife and I finally paid off our primary home and are ready to buy our first rental property. We've been looking in the Atlanta, GA and Birmingham, AL markets for turnkey opportunities. We've identified a few of Turnkey companies that looked legitimate and where properties looked promising: www.maverickinvestorgroup.com and www.noradarealestate.com in Atlanta and www.spartaninvest.com in Birmingham.  We were disappointed we could only find three that didn't look like scams, but I'm guessing that's mostly because we are new to turnkey real estate investing and that there are probably quite a few additional quality turnkey companies out there. 

We were hoping some of you experienced folks on these forums wouldn't mind sharing your knowledge.  We were curious...

1) Have you had any positive or negative experiences with any of the TurnKey companies listed above?  Are you aware of other reputable turnkeys in either market?

2) Are Atlanta, GA and Birmingham, AL good places for newbie turnkey real estate investors to start?

Thank you very much for your help!

Jay & Sara

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  • Flipper/Rehabber · Atlanta, GA · Member since 2009 · 352 posts · 25 votes
    10y

    I don't know too much of the turnkey companies you mentioned but there are good deals here in Atlanta. We also sale turnkey properties and can show you ROI potential on each property. Let's connect and I can send you some of our available off market turnkey deals.

    Ron  

  • Rental Property Investor · Honolulu, HAWAII (HI) · Member since 2011 · 4k+ posts · 2k+ votes
    10y
    Connect via email if you want the scoops.
  • Investor · Miami, FL · Member since 2015 · 1k+ posts · 390 votes
    10y
    Originally posted by @Jay Baxter:

    Hello everyone!  I'm a long time reader, first time poster.  :)    The wife and I finally paid off our primary home and are ready to buy our first rental property. We've been looking in the Atlanta, GA and Birmingham, AL markets for turnkey opportunities. We've identified a few of Turnkey companies that looked legitimate and where properties looked promising: www.maverickinvestorgroup.com and www.noradarealestate.com in Atlanta and www.spartaninvest.com in Birmingham.  We were disappointed we could only find three that didn't look like scams, but I'm guessing that's mostly because we are new to turnkey real estate investing and that there are probably quite a few additional quality turnkey companies out there. 

    We were hoping some of you experienced folks on these forums wouldn't mind sharing your knowledge.  We were curious...

    1) Have you had any positive or negative experiences with any of the TurnKey companies listed above?  Are you aware of other reputable turnkeys in either market?

    2) Are Atlanta, GA and Birmingham, AL good places for newbie turnkey real estate investors to start?

    Thank you very much for your help!

    Jay & Sara

     Disclosure: I provide turnkey service

    Hi Jay-

    I think you are going down the right path in regards to defining a strategy outside of your immediate marketplace, the next step is not only defining the marketplace but also considering the group you are electing to work with. I always recommend to refer to a simple guide about turnkey to drill down the secondary and tertiary factors you may want to weigh, ahead of defining the final destination. It is not only about the asset, it is the entire experience and expertise of your trusted on the ground team.

    Finally, I have to plug Cleveland, Ohio - take a look -

    Happy investing!

  • Investor · Suwanee, GA · Member since 2015 · 127 posts · 34 votes
    10y

    @Jay Baxter You may want to look up @Jay Hinrichs website TurnKey-Reviews.com

    The site allows you to search geographically and includes reviews of the companies.  Also Jay Hinrichs is very active on the site, so he may be willing to give you some direct feedback.

  • Investor · San Francisco, CA · Member since 2016 · 14 posts · 13 votes
    10y

    @Jay Baxter : be careful with Norada. Read the internet for reviews about them... Seems to me that a lot of people got scammed! I've not dealt with them because of what I found, so i am not speaking out of experience.

  • Austin · Member since 2015 · 149 posts · 80 votes
    6y
    Originally posted by @Maxwell Hunter:

    @Jay Baxter You may want to look up @Jay Hinrichs website TurnKey-Reviews.com

    The site allows you to search geographically and includes reviews of the companies.  Also Jay Hinrichs is very active on the site, so he may be willing to give you some direct feedback.

    Took a look at the site  is it still active? Top 3 turnkey providers listed didn’t have active websites  

  • Investor · Los Angeles, CA · Member since 2020 · 154 posts · 32 votes
    6y

    @Ron Garner

    Would love to connect and hear from you on rental ppties with 1% rule in Atlanta area.

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