Is Rent to Retirement legit?

[Kyle Nichol]

New to investing and plan to purchase my first multi-family in the next 12-15 months. I came across Rent To Retirement during a property search here, and it seems that they are "preferred vendor" (for lack of a better term) on BiggerPockets? I ran their numbers on the property I found through the BP calculator. It was the first one I've ever done, so I likely made some errors.

My questions are...is Rent To Retirement a legit, reputable firm? It seems like they receive some good reviews. How valid are the numbers that they post on their property listings? Thanks!

[Joseph Schweizer]

Hi @Kyle Nichol!

I worked with Rent to Retirement for my first investment in October 2020 (See post below). I had a great experience purchasing the property and in the 8 months of ownership. With that said, 8 months in buy and hold real estate is a very short amount of time, so I would recommend also reaching out to someone who has done multiple investments with RTR to get their experience as well. 

To answer your questions: Rent to Retirement is legit and reputable, but you still need to do your due diligence on the properties and neighborhoods before you make a purchase from anyone including RTR. In my experience with my first (only so far) property, the numbers are as expected and I am happy with them. If you had any more questions for me, feel free to ask!

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

Best Wishes!