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Updated almost 6 years ago on . Most recent reply

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Zach Lemaster
#3 Ask About A Real Estate Company Contributor
  • Rental Property Investor
  • Denver, CO
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Pros & Cons of investing out of state with Turnkey companies???

Zach Lemaster
#3 Ask About A Real Estate Company Contributor
  • Rental Property Investor
  • Denver, CO
Posted

Just wondering what everyone's opinions are on investing out of state with Turnkey companies.  There are pros & cons like any type of investing, but it seems like if you find a good one to add to your team it can really help to expand your portfolio in a market you wouldn't otherwise.  Interested to hear opinions!  Thanks in advance for input!

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Rent To Retirement
5.0 stars
275 Reviews

Most Popular Reply

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Jay Hinrichs
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
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Jay Hinrichs
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
Replied
Originally posted by @Zach Lemaster:

@Jay Hinrichs Good to hear from you.  We had a phone discussion years back as I think I was asking advice on setting up lease options or something.  Also, believe I gave you some eye care advice during that same call.  I went to college close to your neck of the woods. 

I do offer turnkey properties I own.  I also personally invest in other turnkey providers products in markets I'm not invested in to expand my portfolio where I want to test markets out & I don't have a team already established.

My main point of starting this discussion is to get better insight on the overall turnkey climate today, and see what kind of experiences investors are having.  This helps to keep us all relevant as the market changes.

U went to school in Forest Grove ?  

My eyes are good so far thank you.

Morris invest has done a number on the industry.. if anything other than for those who got royally taken.. the investors are somewhat wiser at least those that follow BP.. 

I think since I started in this end of the business in 2002  its much better than it was then.. More for real companies with sustainability.  

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JLH Capital Partners

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