REI nation experience

[Praveen Kumar]

Hi 

we are considering investing with REI nation as beginners. Can anyone who has worked with them share their experiences ? Thanks a lot in advance

[Chris Clothier]

Quote from @Kasi V.:

REI nation is a reputed turnkey provider but they just sent me pictures of the property and asked me to choose. They don't provide the data first. Without the numbers how can we decide? This is a time consuming business. My criteria is cash on cash return. I first like to short list based on numbers and then deep dive. Hence I am staying away

 Hi Kasi,

I reviewed our information in SF as we document everything and found where you contacted our company.  I wanted to clarify a point for readers of this thread and for @Praveen Kumar.  You only looked at pictures on our website; properties were never sent to you.   You would have preferred to see our properties like a marketplace listing, but that is not how we operate.  We are a relationship company.  We value building deeper relationships with investors with whom we align perfectly rather than having superficial relationships with everyone who wants to buy.  I respect your decision not to move forward speaking with our company.  That made it easier for both of us. 

We are a customer service company that happens to work in the real estate industry.  This is how we've earned our reputation over the past two decades.  To maintain our standards, we have a process for working with interested investors like yourself.  We receive between 500 and 700 inquiries monthly from investors who want to learn about our company. Most do not purchase properties, and that is by design.  We only work with investors who take the steps to get pre-qualified and spend a bit of time getting to know our company and allowing us to get to know them.  Even after that process, we only move forward with a fraction of those investors inquiring about our company.

We have many monthly inquiries from investors like yourself who do not want to go through this process and only want to see our available properties.  I respect your decision-making and the fact that you have your process.  However, we are not a marketplace.  We own every property we sell, and our company stabilizes them before offering them to our clients.  Every property is sold one-on-one, where we provide investors with the information they need to make a good decision.  We don't reach that point until we have had the opportunity to understand what an investor wants, their motivations, long-term goals, and risk profile.  

By helping you remove us from your list, you could focus on other opportunities, and we could focus on other investors for whom we are a better fit.   I wish you the best of luck as you go forward!