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Updated about 5 hours ago on . Most recent reply

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Abhinav Pande
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Seeking Turnkey Real Estate Providers in the Midwest and Texas

Abhinav Pande
Posted

Hello,

I’m looking for turnkey real estate providers that operate in the Midwest and Texas. I’m already familiar with REI Nation and Rent to Retirement, but I’d like to explore other reputable providers.

My primary interest is in newly constructed properties that are cash-flow positive and suitable for investment purposes. Could you recommend other reliable companies or platforms that fit this profile?

Thank you in advance for your insights!

  • Abhinav Pande
  • Most Popular Reply

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    Drew Sygit
    #1 Managing Your Property Contributor
    • Property Manager
    • Royal Oak, MI
    6,578
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    Drew Sygit
    #1 Managing Your Property Contributor
    • Property Manager
    • Royal Oak, MI
    Replied

    @Abhinav Pande Why are you interested in new construction Turnkeys?

    You're probably thinking you'll have low maintenance issues for X years, which will help your bottom line.

    This is only true to a certain extent.

    Tenants break things, whether new or used. 

    So, you will still have maintenance issues.

    Also, most new construction Turnkeys now depend on TEMPORARY Mortgage Rate Buydowns to cashflow. The problem is those TEMPORARY buydowns haven't worked out as planned for a lot of investors. Please don't believe us, read about it for yourself:
    https://www.businessinsider.com/homebuyers-mortgage-rate-buy....

    You may want to look into what we call, "BRRRR Turnkeys", where we help you find a solid property that needs work, you buy it, we rehab and rent it out. You then refinance to get most, if not all, your funds back for the next one.

    business profile image
    Logical Property Management.
    4.2 stars
    5 Reviews

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