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Updated about 2 years ago,
Turnkey Investing Feedback
Hello
I am currently comparing 2 Turnkey partner RentToRetirement and REINation and I was wondering if anyone has had experience working with them both that they could share some feedback on. One seems to have properties with more cashflow but the other seems to offer better property management engagement. As a first investor I am trying to maximize my investment generating both cash flow and long term ROI with minimal property management headaches.
One of my biggest challenges is having a down payment of 20-25% with interest rates around 7% eating into cashflow. I was also hoping to leverage my HELOC and could go 30+% dwn payment but at 8.35% I am running negative cash flow numbers and just not sure if I need to prioritize cash flow now because I don't have a big capex fund to support negative cash flow or look at cash flow more now so I can build my that rainy day fund up year over year if needed for maintenance expenses.
Would love to hear everyone's thoughts. Thanks