Just starting out - Looking for reputable turnkey Investment CO's

Just starting out - Looking for reputable turnkey Investment CO's

Culver City, CA · Member since 2011 · 9 posts · 1 vote

Hi everyone, 

Here's my situation. My wife and I both just got promotions and within the next 12-18 months we will be able to put aside approx $25K of "extra cash", should be able to do this on a going forward basis, and are looking to get into passive turnkey real estate investing. We are located in Southern California, but we are looking for companies that specialize in "out of state" investing just because the entry into the CA market is so high. We are NOT looking/willing to pull funds from our 401K's or IRA's. We both have an eye on retiring early and think passive real estate investing might be the best way to go about doing it.

I'm just in the research phase of all this, but what we're looking for is a company that can help us build a PLAN where in the next 10-15 years we are netting a cashflow of $15K per month or more with assets paying themselves off within the next 30 years. Also looking for help in creating LLC's to protect ourselves as well as companies with strong property management ties as well as connections with lenders. (credit won't be an issue, our score is currently over 800).

Honestly I'm very cautious about all of this having never invested in real estate before and $25K is where I'd really like to start. My wife & I work very hard for our money and we don't want to loose a lot incase this all goes belly up.

Some of the companies I've looked into are as follows:

http://azinvestmentpropertyexperts.com/

https://www.realwealthnetwork.com/

https://www.homeunion.com/

https://www.roofstock.com

https://www.howardhanna.com/ https://areiusa.com/  https://www.maverickinvestorgroup.com/

Any advice or there companies, or referrals on other companies would greatly be appreciated.

Best and wish us luck, 

Kevin

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  • Los Angeles, CA · Member since 2018 · 326 posts · 279 votes
    7y

    @Kevin Fintland my recommendation is to do a search for each of the of these companies here on BP and I'm sure you'll find some specific details.

    An individual here on BP that lives in the Los Angeles area and focuses on out of state turnkey is @Ali Boone.  Reach out to here, she may be able to give better guidance in regards to this.

  • San Antonio TX via Roseville, CA · Member since 2018 · 64 posts · 35 votes
    7y

    Ali works with Maverick. There is another one in SoCal called Martel  https://martelturnkey.com/   Roofstock and Homeunion are much more hands off than it sounds like you are looking for (in terms of advice/ planning). You might want to check out http://www.noradarealestate.com/ as well.

  • Real Estate Investor · Kansas City, MO · Member since 2012 · 397 posts · 187 votes
    7y

    @Kevin Fintland my team in KC helps folks invest and many of our clients our located in other markets like SoCal. Love to help in anyway we can.

  • Real Estate Coach · Venice Beach, CA · Member since 2012 · 6k+ posts · 3k+ votes
    7y
    Originally posted by @Michael T.:

    @Kevin Fintland my recommendation is to do a search for each of the of these companies here on BP and I'm sure you'll find some specific details.

    An individual here on BP that lives in the Los Angeles area and focuses on out of state turnkey is @Ali Boone.  Reach out to here, she may be able to give better guidance in regards to this.

    Thanks Michael! :)

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