Rent to Retirement TK

[Doris Jin Huang]

We are looking to buy our first out-of-state rental property from Rent to Retirement. Just had an initial conversation with them and lined up a lender. What I’m most nervous about long distance deals is not knowing the area, so I’m doing my own research on the neighborhoods and compare with the information provided by R2R. I’ve come across places where they classified as a “B neighborhood” while other investors/realtors on BP recommend to avoid due to high crime. I understand ratings are somewhat subjective and neighborhoods are also changing, but wanted to see if people who had worked with this company generally find their neighborhood classifications accurate?

Thanks,

Doris

[Joseph Schweizer]

Hi @Doris Jin Huang!!

I recently worked with Zach and his team at RTR. I closed on my first investment property in October (see post below). For the property I purchased, I can say that the class of neighborhood was accurate. Obviously, as was previously mentioned, ratings are subjective, but for me I thought the rating was fair.

https://www.biggerpockets.com/forums/850/topics/895660-my-first-investment-property-an-out-of-state-deal

Best Wishes!!