Long Beach, CA · Member since 2017 · 11 posts · 3 votes
Hello, BP. I have been a member for a little over a month. Other than owning my own home I am new to real estate investing. I have been reading blogs, forums and ebooks since in joined. I have learned a few things but I know there is a ton of other things to learn. My reasons for investing are to supplement my future retirement and equally important to be able to leave something for my children. I am a little wary of investing at home due to prices being so high in SoCal area. I was looking in to turnkeys OOS as I have a W2 and don't have time to constantly look for deals. I plan to buy and hold so they look appealing. I worry though about vetting everything from the company to the neighborhood. Any thoughts?
Rental Property Investor · N. CA · Member since 2015 · 32 posts · 23 votes
8y
Welcome to BP Eric!!
I suggest you take a look at the following website:
http://turnkey-reviews.com/
It's a website created by Brie Schmidt and Jay Hinrichs . It's basically the Yelp for TK providers with investors giving real feedback on TK providers nationwide. Brie also does a podcast interviewing investors who use TK operators. Some good lessons learned. It's a good place to start.
Wishing you the best!
Metra
Rental Property Investor · Honolulu, HAWAII (HI) · Member since 2011 · 4k+ posts · 2k+ votes
8y
Eric Martin it's pretty scary buying sight unseen but I did it and many people do it to get started. Most people graduate past turnkey but great way to get started. Just vet who you work with.