Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 2 years ago on . Most recent reply

User Stats

63
Posts
31
Votes
Greg Schreffler
  • New to Real Estate
  • Atlanta & O.O.S.
31
Votes |
63
Posts

REI Nation pros/cons

Greg Schreffler
  • New to Real Estate
  • Atlanta & O.O.S.
Posted

Any issues w/ REI Nation?



Hi GREG, Since you recently found our company, whether you recently downloaded one our e-books from Bigger Pockets, found us on Google, or perhaps you heard about us from a friend or colleague, I wanted to touch base with you to see if you would like to jump on a call with me to discuss your investment strategy. The purpose of the call would be to determine if we would be a good fit for you as an investment company.
Here are a few bullet points about REI Nation:


- Family Owned turnkey company with 19 years of experience assisting out-of-area real estate investors to build their passive income portfolios.

- We own our own property management company, where we manage 7,300 properties exclusively for the 3,200 investor clients that have purchased properties from REI Nation.

- We offer cash flowing, fully rehabbed properties in Memphis, Dallas/Fort Worth, Houston, San Antonio, Little Rock, Oklahoma City, Tulsa, St. Louis, Huntsville, Tuscaloosa and Birmingham.

- We do not publish our properties on our website. You will need to speak with a portfolio adviser, who will help you determine whether we are a good fit to work together as a company and a potential investor/client.

- Our average properties are priced between $200-300k depending on the financing method and market.

- Our average tenant resident stays 6 1/2 years. Our average maintenance per property is less than 3.5% of gross rents annually, and our average vacancy per property is less than 2% annually.

- Over 1/3 of our clients have 4 properties or more with us, and over 50% of new clients come in as referrals from existing clients.

- We have every piece of infrastructure in place that an investor could ever need in order to invest, including our network of approved lenders (Fannie Mae conventional financing, non-conventional financing, and non-recourse financing for retirement accounts such as solo-401ks and self-directed IRAs), a discounted group policy property insurance, closing attorneys, title companies, 1031 exchange companies, and IRA custodian companies that can help position your retirement accounts so that you can invest in real estate.

If you have not already checked out our site, please visit www.reination.com when you get a chance today and you can learn more about us. In particular, I encourage you to watch the client videos. Our clients will all tell you some version of the same message- that we are not perfect, but we take great care of them.

So now that you know a little more about us, let's schedule a call if you feel like this is possibly the right path for you. You can use the link here to schedule a call with me this week at a time that works well for you.


Thanks for your feedback.

  • Greg Schreffler
  • Most Popular Reply

    User Stats

    2,247
    Posts
    1,265
    Votes
    Alex Bekeza
    • Lender
    • Los Angeles, CA
    1,265
    Votes |
    2,247
    Posts
    Alex Bekeza
    • Lender
    • Los Angeles, CA
    Replied

    @Greg Schreffler I've worked in tandem with REI nation on quite a few deals (as the loan officer of the buyer) and I would say that they've always seemed very easy to work with and that our mutual clients tend to be repeat clients. They seem to do a good job of laying everything out there (very transparent) and even offer some interesting perks in some cases such as 1-2 year rental assurance which I thought was pretty unique. In particular, Taz and Taylor at REI Nation have always demonstrated top notch communication when we've been in process on deals together. Personally, at this stage in my investing career I tend to lean towards BRRRRs in the market I'm versed in but I've considered trying them out on my own turnkey purchase as a means of testing out a new market and getting a feel based on my positive experiences with them.

    business profile image
    Investor Property Loan
    5.0 stars
    252 Reviews

    Loading replies...