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Updated about 8 years ago on . Most recent reply
![Rebecca Maringer's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/712487/1621495904-avatar-rebeccam45.jpg?twic=v1/output=image/cover=128x128&v=2)
Newbie from Cincinnati Ohio
Hello everyone! I'm brand new to real estate investing and enjoy all of the content here at Bigger Pockets.
My goal is to generate passive income through turnkey rental real estate. Listening to Clayton Morris' podcasts after finding his company Morris Invest on Facebook and having viewed a lot of his videos on YouTube is what motivated me join and look into real estate investing further.
That being said, the biggest obstacle I face is not having the cash on hand to do my first deal, and not having any private money connections as of yet.
Also, from what I've read of Morris Invest here on BP, there seems to be not enough people with experience dealing with this company, or when I do read of people that have had experiences with Morris Invest, the reviews are mixed at best.
Being brand new to all of this however, it seems going the turnkey route seems less complicated in the beginning than trying to reinvent the wheel and do everything myself, but that's just my opinion.
Learning to analyze deals and the underlying math involved and understanding the terminology is going to take practice, but is the foundation to a successful REI career. I know I don't want to self manage rentals. No desire no time.
I'm not ashamed to say that I want to take the most hands off approach as possible. My goal is to catch up on my retirement savings and secure my future so that I'm not working until I'm old and dead. Lol
Does anyone have any knowledge of other reputable turnkey companies other than Clayton Morris'? I think it's important to do my due diligence and shop around and not put all my eggs in one basket.
I know that there are pros and cons with this route like any others. I just feel as though because of my personality type that this would make the best sense for me, though that's not to say that I won't discover other niches in REI later on.
I'm so glad I joined this amazing community and hope to make some great connections!
Most Popular Reply
@Rebecca Maringer Welcome to BP! I recommend attending @Joe Fairless meet up that is in on the last Tuesday of every month in Deer Park. Investors of all backgrounds and experience levels attend. I've been going to the meetings for over a year now and have learned something at each meeting I've attended. It would be great to meet and connect with other Cincinnati investors.