All Forum Posts by: Rick Luebbert

Hi Samantha, I don't know the specific person you are asking about, however, I would recommend meeting and interviewing any TK provider in person. I have been in the Turnkey space for over a decade. When I hear horror stories from investors, it is typically from an investor who did not meet the TK team and property manager in person to verify what they see online and hear over sales calls. If you need any help, please feel free to message me. Good Luck!

Hi Niranjan, It has been a pleasure working with you on your first deal. We would love an opportunity to host you in person for a visit to meet our team in person. Please send me a DM to discuss a few convenient dates for your visit. When considering who and where to invest with, verifying your expectations in person will reveal who is structured to provide the out-of-state/passive investment experience you are looking for. 

Hi Krystan! 

I would recommend interviewing Turnkey providers over phone/zoom interviews and then narrowing down your list. I would then go visit them in person to see what their infrastructure and team look like. This includes the property management team. Some providers offer property management in-house, and some refer you to a 3rd party property manager. You can buy a great property, but if the team managing it is lousy, then your investment experience will certainly suffer. Let me know if you would like to discuss further. Happy to help

Welcome to BP, Micah! 

 Good for you, Nina. Cosmetic repairs can be deceiving. You did the right thing. On to the next deal!

Hi Ivette! 

I have been investing and have supported hundreds of investors build diversified portfolios in Memphis, Northern Mississippi, Little Rock, St Louis, Huntsville, Birmingham, Tulsa, Oklahoma City, Dallas / Ft Worth, Houston, and San Antonio. If you would Like to connect, I would be happy to support you in any way I can. 

Thank you for sharing, Melanja. I am sure a lot of investors will benefit by sharing your experience. Before you invest, inspect what you expect. A quick trip to interview the team selling you a property and the property management team in person can greatly impact your decision-making. 

Welcome to BP, Robert! It sounds like you are off to a great start. Good luck!

Welcome to BP, Ravi! I would recommend SFH in markets that are landlord-friendly. Memphis, Little Rock, St Louis, Huntsville, Birmingham, Tuscaloosa, Oklahoma City, Tulsa, Dallas/Ft Worth, Houston, and San Antonio are great markets to invest passively. I would start by researching Turn-Key providers and interviewing them on calls and then visiting them in person to see what their operational setup looks like.

Welcome to BP, Brian! I agree with a few others on this thread that I would consider SFH vs MF to start. Memphis has some great options with the capital you are looking to allocate to get started. Some great TK providers are offering very attractive closing credits on deals that you can utilize to bring the rate down on your DSCR loan. Let me know if I can provide any support.