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Updated over 13 years ago on . Most recent reply
"Turn Key Cashflow Rental" websites
Has anyone used this site?
http://www.investornation.com/
It claims to sell "Turn Key Cashflowing Rentals." The only markets available for cashflow seem to be Memphis and Atlanta on their site. I imagine they are buying Bulk REOs, rehabbing them, and selling them at mark up for profit while supposedly still maintaining cashflow numbers.
However, what I'd like to know is if anyone here has used them and do their properties really stack up? Also, how does the whole process work? Their website is very general and it seems they want you to call, presumably so they can get a sales person on you.
As an additional note, a new user on here posted this website http://masonhill.com/, claiming the same kind of turn key rentals. The programs sound very similar in their operations.
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Victor,
As with anything else, you need to do you due dilligence before investing with any of these companies. If you are going to be an out of state investor that is fine, but if you're willing to invest in a property for thousands of dollars, it's probably worth the time and effort spent over a weekend to visit the area you are going to invest in. This will give you a chance to meet and interview various companies you might work with, and also get a very good perspective of the areas you will be investing in. There are a number of Turnkey sites popping up, and they are a good way to go if you find the right team.