HagerstownTurn Key Investing -- Billwood Properties

HagerstownTurn Key Investing -- Billwood Properties

Baltimore, MD · Member since 2017 · 1 post · 0 votes

Hi all,

I was just introduced to BP through a friend and my brief stint here has been amazing! Just loads of great information that I lead to believe will help get my foot in the door with REI.

Today I am reaching out the BP community to receive some information about a particular turn key investment company in Hagerstown called Billwood Properties. I have spoken to a few people about their experiences and have heard mixed reviews. Some people really enjoyed their work while others weren't so happy with the results.  I was hoping to reach a wider audience here and see what other information I could gather.

With that in mind, has anyone purchased a turnkey property from them? If so, how has the rehab construction held up over the years? Did any completed work not meet your expectations? 

On a slightly separate note, has anyone ever used them as your PM? If so, how was that experience? Were they easily available? Did rent checks come on time? Were you ever given absurdly high estimates for small repairs? 

These are just some of the questions that come to my mind based on prior conversations but I would be interested in hearing any and all feedback you could provide. Thanks in advance and I hope to contribute to the BP forums in the future.

Thanks,

Christopher

0Reply
25 views

2 Replies

Jump to latestLatest
  • Ayodeji BadakiPro Member
    Wholesaler · Hagerstown, MD · Member since 2016 · 30 posts · 3 votes
    9y

    Hello,

    I sold a property to them recently and that experience was very pleasant. I dealt with Mr. Carpenter (one of the owners) and I found him to be personable, knowledgeable about the local market and very hands on. I would definitely do business with him again. I cannot speak for the PM side of things as I have not used their services in that regard but Mr. Carpenter left a very positive impression. 

  • Frederick, MD · Member since 2017 · 4 posts · 2 votes
    7y

    I have had dealings with Billwood Properties and it has mostly been negative.  I bought a turnkey property from them and from the moment of purchase, it has been a disaster!  I absolutely would
    not recommend anyone do business with them after seeing what they're capable of.

Join the conversationCreate a free account to reply, vote on answers and follow this thread.