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Updated over 2 years ago on . Most recent reply

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picking a turnkey company

Posted

Hi, I'm wanting to do my due diligence so i can choose a turnkey company. Looking at Norada and Rent to retirement to facilitate my first purchase out of state. (I live in California) But I'm pretty unclear on how to evaluate them. My artistic brain freezes up  Lol  Any suggested reading would be greatly appreciated. I've been doing the multifamily bootcamp but realized turnkey is the avenue for me 

Thank you in advance 

Most Popular Reply

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1,885
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3,664
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Zach Lemaster
#3 Ask About A Real Estate Company Contributor
  • Rental Property Investor
  • Denver, CO
3,664
Votes |
1,885
Posts
Zach Lemaster
#3 Ask About A Real Estate Company Contributor
  • Rental Property Investor
  • Denver, CO
Replied

@Brigitte Bugayong

Welcome to the BP community!  You are in the right place to assist you in gaining a tremendous amount of knowledge on whatever path of investing you decide to embark upon!  It's great that you've evaluated your goals & criteria to narrow down on what strategy you would like to start with.  Many people never end up becoming a RE investor as they tend to get the shiny object syndrome and look at too many things at once instead of picking a strategy & following through with it!  TK is a great way to get your foot in the door investing & gain some experience.  My recommendation on how to evaluate who to work with would be to do what you are doing now.  Talk to many people that have worked with the teams you are exploring to see what their experience has been.  Decide on what markets appeal to you, what asset classes, price points, etc.  Talk to the companies you are exploring and see who is most compatible with your personality & your goals.  Ultimately take action & get that first property done to get in the investor mindset!  The first deal is fundamentally important mentally & emotionally, but also to build your confidence to scaling your portfolio over time.  I've posted some links below to some threads about RTR that will help with your evaluation to see if it seems like the right fit.  Feel free to reach out at any point with any questions!

-To your success,

Zach

------------------

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/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

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/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

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Rent To Retirement
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