realistic numbers

[Frank Casi]

so far i have doing as much research as i can and i have moved my converstion forwarward with memphis invest..extremely disapointing they use voo doo math !!

sent me properties priced at aprox $140 k with returns after almost a 40% down of 3-350 a month extremely disapointing is this the reality of the out of state market ?

why would anyone go thru the headaches of being a landlord for such a low rate of return

[Douglas Skipworth]

Hi, @Frank Casi.

I think most investors are willing to accept lower returns if they don't have to have to go through the headaches themselves.  Instead, they let the turnkey company and/or the management company deal with the property and the residents, which is where headaches can occasionally come from (for example, rehabs, maintenance, leasing, collections, etc.).

That said, at the end of the day, the numbers need to make sense to you since it's your money.

If you haven't found the right investment vehicle yet, just keep looking.  There are definitely other ways to invest out of state that carry with them different risks and rewards. (I'm sure other BP members can shed light into what those specific alternatives are.)

Hope that helps.