Out of state turnkey investing from Minnesota

Minnesota Real Estate Q&A Discussion Forum
7yFollow

Out of state turnkey investing from Minnesota

Peter Heldstab
Saint Paul, MN · Member since 2016 · 4 posts · 1 vote

Anyone from Minnesota invested in turnkey properties out of state? If so, which ones and how has your experience been? I would love to get some feedback as I am doing a lot of research and talking with companies in Indianapolis, Memphis, Kansas City and a few others. I am having a hard time narrowing down the best market and most reliable company. 

0Reply
35 views

8 Replies

Jump to latestLatest
  • Justin Frytz
    Real Estate Broker · Indianapolis, IN · Member since 2018 · 21 posts · 12 votes
    7y

    Turn key is hard to find in indy. Lots of scams out there. Be sure to work with someone licensed.

    0Reply
  • Peter Heldstab
    OP
    Saint Paul, MN · Member since 2016 · 4 posts · 1 vote
    7y

    @Justin Frytz do you recommend any companies in the Indianapolis area or Chicagoland? How about other popular turnkey areas/companies?

    0Reply
  • Justin Frytz
    Real Estate Broker · Indianapolis, IN · Member since 2018 · 21 posts · 12 votes
    7y

    As far as turn key, no. There's a lot of discussion on here about good and bad ones.

    0Reply
  • Matt Pritchard
    Rental Property Investor · Overland Park, KS · Member since 2016 · 205 posts · 85 votes
    7y

    Hey @Peter Heldstab .  I know a few turnkey companies in KC.  Some with a better track record than others.  Feel free to shoot me an email, I'm happy to share some of the feedback I've heard.  

    None of it is firsthand experience though. I BRRRR all of my properties here. So I haven't worked with any of them.

    0Reply
  • Jake S.
    Rental Property Investor · MN · Member since 2017 · 864 posts · 555 votes
    7y

    I know of a couple in KC that I have used!

    0Reply
  • James Wise
    Real Estate Broker · Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH · Member since 2013 · 31k+ posts · 20k+ votes
    7y
    Originally posted by @Peter Heldstab:

    Anyone from Minnesota invested in turnkey properties out of state? If so, which ones and how has your experience been? I would love to get some feedback as I am doing a lot of research and talking with companies in Indianapolis, Memphis, Kansas City and a few others. I am having a hard time narrowing down the best market and most reliable company. 

     Some other popular markets are Dayton, Toledo & Cleveland in case you want to ad them to your list of markets to research.

    0Reply
  • Corby GoadeBusiness Member
    Investor · Boise, ID · Member since 2014 · 3k+ posts · 3k+ votes
    7y

    If you have any interest in the Pacific Northwest, I have a Turnkey company here in Boise, Idaho- our market is going gangbusters and has been for a while: https://www.idahohousing.com/blog/boise-housing-ma...

    Feel free to reach out. The market and returns here are different than what you'd see in the midwest, but I think that's a good thing. 

    Best of luck!

    0Reply
  • Nicole Hoss
    Johnston, IA · Member since 2016 · 129 posts · 50 votes
    7y

    Hi @Peter Heldstab! I thought your name looked familiar. We spoke about 10 months ago. Things have changed a lot at HRRE since then. If you'd like to reconnect via phone call, let me know!

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