Competitors to Rent To Retirement

[George M.]

I see a lot about Rent to Retirement on this forum.  Who would be their competitors? Any other ones that are also recommended? Appreciate the feedback.  

[Jay Hinrichs]

Quote from @Randall Alan:

Quote from @George M.:

I see a lot about Rent to Retirement on this forum.  Who would be their competitors? Any other ones that are also recommended? Appreciate the feedback.  

@George M.

Looking at their website, it looks like syndication packaged under a flashy name.  

If you are looking for truly hands off RE investing - syndication has it's place.  But there is some risk and definitely more overhead associated with syndication than with owning your own rental properties.  You are at the mercy of the management of a syndicated property as to expenses incurred, for instance.  The management of the syndicated property isn't working for free - so you are losing a percentage of your return to that additional overhead.  Not an expert on the topic at all... but I have come to appreciate being the one that makes all the real estate decisions with my properties - and therefore enjoying all the profits as well.  Investing in syndication is like being a passenger on the bus.  Syndication will take you to your completely passive 'real estate destination'  The good thing is that you don't have to do the driving on your trip... but there is a price you pay for riding the bus.  There are plenty of examples of syndication scenarios going wrong as well.  So just be sure to investigate who you are getting into the investment with.

All the best!

Randy

RtR is not a syndicator although they may have that tool in their tool box  but its not their focus from what I know.. Owner is very customer oriented.