Out of State Turnkey Investment with Martel Turnkey

[Aj Parikh]

Investment Info:

Single-family residence buy & hold investment in Cleveland.

Purchase price: $90,000
Cash invested: $22,500

1st out of state Turnkey Rental Property purchased from Martel Turnkey.

What made you interested in investing in this type of deal?

I wanted to explore out of state investing and also wanted to remain passive in my journey so turnkey rentals seemed the best way to explore that. The experience with Martel Turnkey has been amazing so far. We will know within a year if the investment was worth it.

How did you find this deal and how did you negotiate it?

Found the deal on Martelturnkey.com after listening to Antoine Martel on one of the mastermind calls

How did you finance this deal?

Conventional Financing

How did you add value to the deal?

Didn't add anything

What was the outcome?

Still to find out

Lessons learned? Challenges?

The closing date got pushed back 3 times because the renovations were not completed. I wish their website provided a better timeline of the whole process.

[Chris Clothier]

Originally posted by @Aj Parikh:

Investment Info:

Single-family residence buy & hold investment in Cleveland.

Purchase price: $90,000
Cash invested: $22,500

1st out of state Turnkey Rental Property purchased from Martel Turnkey.

What made you interested in investing in this type of deal?

I wanted to explore out of state investing and also wanted to remain passive in my journey so turnkey rentals seemed the best way to explore that. The experience with Martel Turnkey has been amazing so far. We will know within a year if the investment was worth it.

How did you find this deal and how did you negotiate it?

Found the deal on Martelturnkey.com after listening to Antoine Martel on one of the mastermind calls

How did you finance this deal?

Conventional Financing

How did you add value to the deal?

Didn't add anything

What was the outcome?

Still to find out

Lessons learned? Challenges?

The closing date got pushed back 3 times because the renovations were not completed. I wish their website provided a better timeline of the whole process.

AJ,

I followed another one of your posts on BP about buying your first property with Martel.  I think one of the more frustrating things about BP forums - especially with Turnkey real estate - is that so few commentators ask if your expectations are being met?  Are you happy with the process?  Are you happy that you made this investment?  Are you going to continue investing in this way? Etc., etc., etc...

Instead, so many commentators judge other investors’ investments and posts about them through their own lens of expectation and to be frank, can be quite callous and rude.  

I can tell from the posts that you have made that you went forward with an investment that you were highly confident in making.  You felt very comfortable with Martel Turnkey and were excited.  I haven’t seen you lose any of that enthusiasm, even with all of the poking and prodding and endless questions geared to make you second guess your decision.  Too bad there were not a lot more “congratulations!”.

I hope you hit you expectations with Martel and are successful based on how you measure your success!  Best ~