Turnkey rentals- Martel / Rent to Retirement

[Cameron Stevens]

Does anyone have experience dealing with Martel Turnkey or Rent to Retirement? Or other turnkey rental companies? Recommendations? Thanks!

[Alex Evans]

@Cameron Stevens

Turnkey Investing is great for someone who is looking to get into passive real estate investing!

My first recommendation for Turnkey Investing is to find out where you would like to invest. There are many great cities across the country that will offer different outcomes! 

Memphis is a great city to look into because in recent history and even now it still offers great cash flow and a good amount of appreciation as well!

Would love to connect, and help answer any questions that you have about Turnkey Real Estate Investing!

[Zach Lemaster]

Hi @Cameron Stevens!

I'm going to help you out a bit as there have been hundreds of topics concerning RTR already in the forums. Below are a few forum links that will bring you to discussions with many investors sharing their experience. I hope this helps to find what you are looking for. Feel free to reach out with any questions.

https://www.biggerpockets.com/forums/92/topics/518583-feedback-on-renttoretirement-and-zach-lemaster

https://www.biggerpockets.com/users/ZacharyCole/references

https://www.biggerpockets.com/forums/92/topics/765347-rent-to-retirement-review

https://www.biggerpockets.com/forums/850/topics/895660-my-first-investment-property-an-out-of-state-deal

https://www.biggerpockets.com/forums/92/topics/983659-first-investment-property-with-rent-to-retirement?highlight_post=5677176&page=1#p5677176

https://www.biggerpockets.com/co/RentToRetirement

https://www.biggerpockets.com/forums/92/topics/929410-rent-to-retirement-updates?highlight_post=5508807&page=1#p5508807

https://www.biggerpockets.com/forums/92/topics/893621-rent-to-retirement-review?highlight_post=5222888&page=1#p5222888

https://www.biggerpockets.com/forums/311/topics/915728-experience-with-rent-to-retirement-turnkey?page=1#p5345200

https://www.biggerpockets.com/forums/92/topics/808479-rent-to-retirement-experiences

https://www.biggerpockets.com/forums/67/topics/952977-turnkey-in-indianapolis-through-rtr-case-study

https://www.biggerpockets.com/forums/12/topics/997350-lessons-learned-from-buying-my-first-rental-property?highlight_post=5748036&page=1#p5748036

https://www.biggerpockets.com/forums/12/topics/533693-anyone-worked-with-renttoretirement-turnkey

https://www.biggerpockets.com/forums/92/topics/581730-rent-to-retirement-zach

https://www.biggerpockets.com/forums/48/topics/874096-reviews-on-r2r-and-nch?page=1&utm_source=Iterable&utm_medium=email&utm_campaign=Transactional:%20topic_notification&utm_content=Transactional#p5123754

https://www.biggerpockets.com/forums/311/topics/883772-turnkey-investing-renttoretirement-feedback-reviews?highlight_post=5171720&page=1#p5171720

https://www.biggerpockets.com/forums/92/topics/950188-rent-to-retirement?page=1&utm_source=Iterable&utm_medium=email&utm_campaign=Transactional:%20topic_notification&utm_content=Transactional#p5535505

https://www.biggerpockets.com/users/ZacharyCole/references

[Malorie Moore]

Hi Cameron!

My advice is to look for an established credited real estate investment company. There are alot of companies out there and they are not all the same. Make sure to do your due diligence researching. The good thing about doing passive real estate with a good company is that you can purchase anywhere without having to worry the small stuff or anything really! Some really good markets to look into is TX, Little Rock, Memphis, Birmingham, OKC, and St. Louis. I would love to connect with you! Good luck!!

[Nathan Murith]

@Cameron Stevens

I would also make sure to double and triple check the numbers (proformas) you get from the Turnkey companies. A lot of them share numbers (proformas) that do not reflect reality in my opinion and make the returns look better than they actually are. For example, I have seen things as bad a turnkey companies not accounting for maintenance and repairs in their numbers... stuff breaks in rental properties and you need to get it fixed.

I have also personally found that returns you can get from a turnkey company today pale in comparison to what you can get even just on MLS (zillow, etc).

[Aj Parikh]

I worked with Martel Turnkey back in October 2020 and purchased a SFH in Cleveland, OH. Let me know if you want to connect and chat about it.

[Adam Sieg]

We’ve worked with R2R for a couple years with success. @Zach Lemaster and his team have been great and continue to work with us to grow our portfolio