Simplifies Investing in Turn-Key Real Estate

2 is the website of Cornerstone Investment Group, a company that has gained recognition for its specialty–offering turn-key properties to real estate investors. Simply put, this investment company promises to ease the “headaches of being a landlord.” No simple task, but the company says it can do this by providing properties that are “renovated,rented and with available property management.”

Vertically Integrated Lending Arm

To make turn-key type investments virtual no-brainers, Cornerstone offers a financing arm for properties bought through its website. The “Preferred Lender Program” -the company promises, will take any potential sting out of qualifying, which anyone who has ever purchased any property can tell you can be a consumer nightmare. But, Cornerstone says it offers fast closings and low down payments. This doesn’t mean, of course, that just anyone can benefit from the lending program:

**The potential buyer MUST have a minimum credit score of 620
**Must be 18+ years of age
**And, have a buyer debt-to-income ration not exceeding 50%

Focus on Foreign, In addition to Domestic Investors

So far, so good. These folks seem to have given much thought and have apparently covered all possible angles. For example, this is the first company I have seen that also caters to the foreign investor looking to buy property in the U.S….it does this through it website

Strategically Locates Properties in Affordable Western New York State

Of course, Cornerstone has a strategy: to locate properties in Western New York State. I personally believe this is a good plan since properties in this part of the country are extremely affordable at this time. But, even white clouds can have a darker lining. There is plenty of evidence that the area is not exactly on the upspring. The City of Rochester’s own estimate is that nearly 66% of the structures in the city are rental properties. And, over in ever snow-bound Buffalo, nearly 59% of the city’s structures are rental. The obvious down side to this is there is also plenty of evidence that areas with a greater concentration of home ownership,for example,tend to have residents sharing a far more attractive socio-economic profile. And, while The Economist just published a story concluding that Rustbelt cities such as Buffalo have a real chance to stage a dramatic comeback, it cautions at the same time that this is not likely to occur overnight. In part, this is due to the economies of Buffalo and Rochester which are not ,what one might call,booming. And, there has been talk and unfulfilled promises before by civic leaders that both cities would have a major turnaround. So, only time will tell.

But, one doesn’t need time to tell that all this translates into cheap properties, yes, but also properties not likely to see much appreciation in the short term.While the properties offered by Cornerstone all come complete with built in equity, investors should be made aware that it is of vital importance to closely examine and consider cash-flow.

Established Property Management

As for its much advertised property management, Cornerstone has established relationships with various companies making it possible to offer management services at 10% of collected rents. Just some of these services from management include:

  • Rent Collection
  • Dealing with various Rental Public Assistance Agencies (i.e., Section8 )
  • Tenant Issues
  • Repairs and Maintenance
  • Inspections
  • Tenant Placement
  • Lawn and snow removal services (when needed)
  • Monthly statements with Expense records

You should be as comfortable with your property manager as you are with the management company you have hired. With that in mind, we’ve assembled a few important points to consider and have gathered them here

Large Availability of Properties for Rehabbers and Landlords

This company works not only with landlords but also with other types of investors. And, since it can secure properties at wholesale prices, it can sell these properties directly to rehabbers–and, still turn a small profit. So, if you happen to be a rehabber with a yen for Western New York State, all you need to do is fill out a form and you are now in the loop to learn about upcoming deals.

Finally, the properties themselves. As of today, Cornerstone has 177 properties listed on its site. After browsing for just a minute or so, you can see there are many potential opportunities for investors large and not so large.

So, if you are in the market to pick up some affordable, cash-flow properties, I’d certainly take a serious look at Cornerstone Investment Group via its website, It is a company that seems to have its act together, offering deals that should make it easier for newbie and hand’s off investors alike.

NOTE: This was a paid review. If you are interested in having your site reviewed, please visit our advertising page

About Author

Joshua Dorkin

Joshua Dorkin (@jrdorkin, Google+) founded when he saw a need for free, trustworthy information about real estate investing online. Over the past 12 years, Josh has grown the site from self-funded hobby to full-time job and passion. Today, BiggerPockets brings together over 600,000 members, housing the world’s largest library of real estate content, iTunes’ #1 real estate podcast, and an array of analysis tools, all geared toward helping users succeed.


  1. This company is a ripoff. The properties are over priced and under repaired. Once you own one of these expect to dump thousands more into fixing their bad repairs. Already involved, I hope you have a good lawyer. Mine is still fighting it out with them.

  2. ditto – I bought 3 properties from these guys – yes sight unseen – for which I am kicking myself.
    the upgrades they did were shoddy and the property management they left me with eventually skipped town with my rent.

    At the end of the day – my fault for not flying out to see these places – so message really is buyer beware.

    On another note –
    Ive had these properties for 3 years and have had experiences with three property managers that I’d like to share-

    Greg Latta – he’s the guy that Cornerstone left me with and eventually took off with one months rents on three homes.

    Lighhouse LLC. – Got these guys on referral and while Scott is a nice enough guy – I found these guys to be more reactive than proactive and they do a very bad job of putting quality tenants in – I eventually had to fire them and evict people from all three properties – because one was being used used as a drug house and upon deeper inspection of why I wasn’t getting all my rent money the other 2 actually had no real way of paying rent. Lighthouse’s motto – “you’re lucky to get what you get” yes that was actually said to me.

    And finally – the worst of the bunch
    Property Solutions
    Carl And Wendy will promise you the moon – I hired these 2 in DEC to fix up the three properties and get them rented – we are now into the 5th month and they are still vacant.
    I could write a novel about the last 5 months trying to get these 2 to make good on their promises. It may just be me because they seem to have alot of shining reviews but my experience has been miserable. Id tread very carefully with these guys and not let them slip on anything.

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