General Real Estate Investing
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 5 years ago,
Best Turnkey Rental Companies?
Hey guys,
Now as I am preparing to make my first REI in the next few years I am evaluating all options including their associated risk/reward and what best fits my lifestyle. I am by no means opposed to putting in the work of finding good deals through direct mail and networking, or negotiating and vetting contractors for rehabs; but I gotta say that these turnkey companies make it look too good to be true. Now I've read that you have to be careful because of the horror stories of bad property management companies and tenants they may put in place, but its hard to convince myself why I should do anything besides turnkey if I want to build long term wealth with my worst headaches being possibly replacing tenants or a PM company given they can provide proof of major repairs and rehabs already having been done. With that being said, I haven't been able to find many reviews or success stories on turnkeys companies. Can anyone please make some recommendations or share their experiences with specific ones? I know this has probably been asked before but any feedback would be great.