Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Out of State Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated 5 months ago on . Most recent reply

User Stats

9
Posts
8
Votes
Sean Kirk
8
Votes |
9
Posts

Rent ready (Turnkey) or value add?

Sean Kirk
Posted

With where interest rates are right now is anyone finding success in purchasing out of state rent ready homes? Rentals don't make sense in my city and the competition for value add is insane. I've thought about value add plays out of state but the managing of the rehab etc is turning me away. What are y'all transacting more on rent ready homes or value add BRRRR?

Most Popular Reply

User Stats

1,447
Posts
1,961
Votes
Patrick Drury
  • Real Estate Agent
  • Columbus, OH & Cleveland OH
1,961
Votes |
1,447
Posts
Patrick Drury
  • Real Estate Agent
  • Columbus, OH & Cleveland OH
Replied

@Sean Kirk
Depending on the market you are looking in if you have a good team sourcing off-market deals you should be able to find good turnkey opportunities. If you have a few rentals under your belt out of state and are familiar with how your team operates then I would dive into doing some value add deals as long as it's not down to the studs. 

business profile image
Reafco-
5.0 stars
30 Reviews

Loading replies...