Out of state turnkey investing from Minnesota
8 Replies
Peter Heldstab
from Saint Paul, Minnesota
posted about 2 years ago
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.
Justin Frytz
Real Estate Broker from Indianapolis, IN
replied about 2 years ago
Turn key is hard to find in indy. Lots of scams out there. Be sure to work with someone licensed.
Peter Heldstab
from Saint Paul, Minnesota
replied about 2 years ago
@Justin Frytz do you recommend any companies in the Indianapolis area or Chicagoland? How about other popular turnkey areas/companies?
Justin Frytz
Real Estate Broker from Indianapolis, IN
replied about 2 years ago
As far as turn key, no. There's a lot of discussion on here about good and bad ones.
Matt Pritchard
Rental Property Investor from Overland Park, KS
replied about 2 years ago
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.
Jake Stuttgen
Rental Property Investor from Minnesota
replied about 2 years ago
I know of a couple in KC that I have used!
James Wise
Real Estate Broker from Cleveland, OH
replied about 2 years ago
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.
Corby Goade
Investor from Boise, ID
replied about 2 years ago
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!
Nicole Hoss
from Johnston, IA
replied about 2 years ago
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!