All Forum Posts by: Zach Lemaster

@Ruchit Patel Thanks for the mention!

@Sumit Sehgal Here are some more links for you to read more information and reviews on Rent To Retirement.  Our team is happy to answer any questions you have!  I am biased, but I do think we have the best reputation in the TK space!  ; )

Best of luck to you & your investing endeavors!\

https://www.biggerpockets.com/users/ZacharyCole/references

https://www.biggerpockets.com/forums/92/topics/765347-rent-to-retirement-review

https://www.biggerpockets.com/forums/44/topics/1058814-first-time-with-new-construction-cape-coral-fl?highlight_post=6055029&page=1

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

https://www.biggerpockets.com/forums/88/topics/1047543-big-profits-from-new-construction-sfr-build-in-cape-coral-fl

https://www.biggerpockets.com/forums/92/topics/983659-first-investment-property-with-rent-to-retirement?highlight_post=5677176&page=1#p5677176

https://www.biggerpockets.com/co/RentToRetirement

https://www.biggerpockets.com/forums/92/topics/929410-rent-to-retirement-updates?highlight_post=5508807&page=1#p5508807

https://www.biggerpockets.com/forums/92/topics/893621-rent-to-retirement-review?highlight_post=5222888&page=1#p5222888

https://www.biggerpockets.com/forums/311/topics/915728-experience-with-rent-to-retirement-turnkey?page=1#p5345200

https://www.biggerpockets.com/forums/92/topics/808479-rent-to-retirement-experiences

https://www.biggerpockets.com/forums/92/topics/518583-feedback-on-renttoretirement-and-zach-lemaster?highlight_post=6192149&page=4&utm_source=Iterable&utm_medium=email&utm_campaign=Transactional:%20topic_notification_V2&utm_channel=28426&utm_content=Marketing

https://www.biggerpockets.com/forums/67/topics/952977-turnkey-in-indianapolis-through-rtr-case-study

https://www.biggerpockets.com/forums/12/topics/997350-lessons-learned-from-buying-my-first-rental-property?highlight_post=5748036&page=1#p5748036

https://www.biggerpockets.com/forums/12/topics/533693-anyone-worked-with-renttoretirement-turnkey

https://www.biggerpockets.com/forums/92/topics/581730-rent-to-retirement-zach

https://www.biggerpockets.com/forums/48/topics/874096-reviews-on-r2r-and-nch?page=1&utm_source=Iterable&utm_medium=email&utm_campaign=Transactional:%20topic_notification&utm_content=Transactional#p5123754

https://www.biggerpockets.com/forums/311/topics/883772-turnkey-investing-renttoretirement-feedback-reviews?highlight_post=5171720&page=1#p5171720

https://www.biggerpockets.com/forums/92/topics/950188-rent-to-retirement?page=1&utm_source=Iterable&utm_medium=email&utm_campaign=Transactional:%20topic_notification&utm_content=Transactional#p5535505

https://www.biggerpockets.com/users/ZacharyCole/references

@Bernard Joseph S.

I appreciate the mention!  We have had recent opportunity in secondary markets right outside of Atlanta & are now starting to see those pop up again.  So I would think this is a market we will become more active in during 2023.

Here are some recourses for anyone that would like to read more on TK or RTR:

https://www.biggerpockets.com/users/ZacharyCole/references

https://www.biggerpockets.com/forums/92/topics/765347-rent-to-retirement-review

https://www.biggerpockets.com/forums/44/topics/1058814-first-time-with-new-construction-cape-coral-fl?highlight_post=6055029&page=1

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

https://www.biggerpockets.com/forums/88/topics/1047543-big-profits-from-new-construction-sfr-build-in-cape-coral-fl

Hi @Lorraine Patterson!

Thank you for reaching out.  Construction across the nation & especially in SWFL is a very dynamic environment right now.  There are many things to consider.  I am happy to help you however I can.  Both my business (RTR) & me personally are heavily invested in the area.  We still have multiple builders in our approved network, but the building environment has changed dramatically over the past couple of years.  It's still an excellent market to be involved in.  We just need to review timelines, build variances, builder capacities, resale vs rental strategies, etc.  I will be the first to tell you that things have not gone exactly according to plan based on what we understood at the time with the construction model two years ago vs now.  Some things in each builder's control, some not.  Regardless, it's still an excellent market with lot of opportunity, but needs to be approached with an appropriate education/expectations & risk tolerance.  Shoot me a message if you'd like to connect.

Good discussion here.  Savvy investors find ways to be successful in all market cycles, especially down markets.  Turnkey can be a successful long-term investment in all market cycles if you are buying appropriately, in a good market & working with a proper team.

For the equity discussions, I would like to point out that it IS possible to buy TK with equity, even now.  There is enough room in many deals for everyone to have their slice of the pie.  Here is a good example of a recent investor of ours that had $140K of equity in a new build that took ~18 months to complete:  https://www.biggerpockets.com/...

While this was TK, it was a new build we worked with this client on that took time to complete, had additional risks & variances in build timelines, etc. The IRR turned out to be very high for this client once completed. There is risk in all types of investing, so it just depends on what your appetite for risk vs reward is. Same thing goes for buying distressed houses and renovating them. TK is a good option to minimize risk & time involvement, but you would not expect to have crazy equity upon purchase. However, there are options, like the scenario stated above, that have large equity potential. This BTR option would come along with higher risk in the spec arena.

Most important advice I'd give to anyone trying to decide on the best path to invest is to be very honest with yourself about your goals, strengths, weaknesses, time & risk tolerance for the investment you are looking to make.  Once you decide, then act on that plan to move forward & LEARN, which is what it's all about!

Best of luck to all those new & experienced investors!  It's crazy times right now, but lot's of opportunity as well.  I'm personally planning to make 2023 the largest year for acquisitions we've had to date.  We buy turnkey commercial properties with zero equity & a 5-6 cap...this is largely a tax play for us & will be a very long term hold.  Just thought I'd share that.  ; )

@Briana Martin

Happy to help however we can.  Feel free to reach out if you'd like to discuss TK in some of the best markets throughout the US.

https://www.biggerpockets.com/users/ZacharyCole/references

https://www.biggerpockets.com/forums/92/topics/765347-rent-to-retirement-review

https://www.biggerpockets.com/forums/44/topics/1058814-first-time-with-new-construction-cape-coral-fl?highlight_post=6055029&page=1

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

Thanks for the mention @Ruchit Patel!

@Eric V Harding I own and operate Rent To Retirement.  I think trends we will all see in 2023 is simply less sales in general.  This is actually a good thing that the market has corrected some and it creates a lot of buying opportunity, which should be taken advantage of.  This is a good time to purchase where you will likely get incentives or credits that you did not a year ago.  Many newer investors are scared to jump in or sitting on the sidelines with higher interest rates, but they will be the same ones competing against each other again when rates drop causing another sellers market.  My recommendation would be to build a criteria of what makes sense for you & take action to invest now!  You can always refi in the future with lower rates, but at least now you have a chance at acquiring a better deal than you did last year.  Most importantly, when you invest in a good market that is still dramatically growing in population, your rents will likely go up year after year along with gaining strong appreciation.  So even if a property is minimal cash flow now, increasing rents will continue to grow cash flow each year.  When the rates come down you can then choose to refi, or maybe sell for a gain to all the investors that didn't take action now.  Just my two cents!

We are here to assist you with any questions you have so please don't hesitate to reach out.  RTR has been one of the longest standing TK companies on BP with an excellent reputation for about a decade now!

Here are some other related threads on TK experiences that might be useful to read through:

https://www.biggerpockets.com/forums/92/topics/765347-rent-to-retirement-review

https://www.biggerpockets.com/forums/44/topics/1058814-first-time-with-new-construction-cape-coral-fl?highlight_post=6055029&page=1

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

https://www.biggerpockets.com/forums/88/topics/1047543-big-profits-from-new-construction-sfr-build-in-cape-coral-fl

https://www.biggerpockets.com/forums/92/topics/983659-first-investment-property-with-rent-to-retirement?highlight_post=5677176&page=1#p5677176

https://www.biggerpockets.com/co/RentToRetirement

https://www.biggerpockets.com/users/ZacharyCole/references

@Joseph Crunkilton Thanks for the mention.

@Justin Dziedzic I just responded back to your message.  The RTR team looks forward to speaking with you.  We are here to assist however we can.  We have an outstanding reputation on BP for almost a decade.  Please feel free to read some reviews and threads that may help:

https://www.biggerpockets.com/users/ZacharyCole/references

https://www.biggerpockets.com/forums/92/topics/765347-rent-to-retirement-review

https://www.biggerpockets.com/forums/44/topics/1058814-first-time-with-new-construction-cape-coral-fl?highlight_post=6055029&page=1

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

https://www.biggerpockets.com/forums/88/topics/1047543-big-profits-from-new-construction-sfr-build-in-cape-coral-fl

https://www.biggerpockets.com/forums/92/topics/983659-first-investment-property-with-rent-to-retirement?highlight_post=5677176&page=1#p5677176

https://www.biggerpockets.com/co/RentToRetirement

@Joseph Crunkilton

Thank you for the mention!  I'm here to assist however I can.

RTR has a very strong presence on BP that anyone can lookup for credibility.  We don't charge for education.

I've spent (& continue to spend) 6 figures on education, coaching and mentoring.  The tough part is finding a resource that provides the value you are in need of to start or scale your business.  I am always a fan of first hand experience actually owning rental properties as that is the best experience, but coaching programs do have their value with the right team.  There is not shortage of mentors or coaches out there.  Everyone will say, you can find the same information on BP, which is true.  However, the accountability and direct coaching you will likely not find here.  Mainly just opinion and investment offerings.  My biggest recommendation to @Alec DeAngelo or anyone considering a coaching program is to look at if the program fits your ultimate goals, to be realistic of what your expectations are & ultimately understand that it is you that will need to take action regardless of what you sign up for. There's no secret sauce here. It takes work to build a sustainable rental portfolio, or be successful in REI in general. There are no shortcuts. A good coach will allow you to avoid common mistakes and hopefully your goals quicker!

-To your success!

@Masashi Borges-Silva

Thank you for the mention!

We do invest in Pennsylvania as well as many other locations that we've strategically chosen based on the market analysis, taxes, legislation, economic/population growth, rent:price ratios, etc.

Here are some threads that are a good read if anyone wants to explore more specifically the areas we focus on:

https://www.biggerpockets.com/users/ZacharyCole/references

https://www.biggerpockets.com/forums/92/topics/765347-rent-to-retirement-review

https://www.biggerpockets.com/forums/44/topics/1058814-first-time-with-new-construction-cape-coral-fl?highlight_post=6055029&page=1

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

https://www.biggerpockets.com/forums/92/topics/983659-first-investment-property-with-rent-to-retirement?

@Brian Beck

Thanks for the mention about RTR!  We are available to answer any questions you have at any point in time.

You are definitely in a good spot with having that much equity. I would take some time to really define your goals and strategy to see how you should apply that HELOC to scale. Do you want to continue down the development side & focus more on STRs? Why Indy? We are heavily investing in Indy, but we also like many other markets that perform excellent as well. Recently I've been focused personally on how to make my STR's perform in the top 1% of our market which is a 6 figure different from being in the middle 50% of where avg properties perform. It's all in the mngt! Anywho, our team is available to answer any questions you have at any point in time. Here are some threads that might be interesting to read as well from previous RTR clients:

https://www.biggerpockets.com/forums/92/topics/518583-feedback-on-renttoretirement-and-zach-lemaster

https://www.biggerpockets.com/users/ZacharyCole/references

https://www.biggerpockets.com/forums/92/topics/765347-rent-to-retirement-review

https://www.biggerpockets.com/forums/44/topics/1058814-first-time-with-new-construction-cape-coral-fl?highlight_post=6055029&page=1

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

https://www.biggerpockets.com/forums/92/topics/983659-first-investment-property-with-rent-to-retirement?highlight_post=5677176&page=1#p5677176

https://www.biggerpockets.com/co/RentToRetirement