All Forum Posts by: Blake Clothier

Hi Mike, 

Most of the time, management companies and turnkey providers are separate. Turnkey companies usually handle buying and renovating the property, then partner with a local third-party management company to handle day-to-day operations. While this works, it’s not always a true “turnkey” setup.

In other cases, the entire process—acquisition, renovation, and management—is handled under one roof. This provides a more seamless and passive experience for investors. It’s always smart to do your homework and make sure the provider’s model aligns with what you’re looking for.

As for fees, management companies typically charge 8-10% of the monthly rent. That can vary depending on the market and the level of service provided.

Hope this helps! Let me know if you have more questions.

Hi @Mike Sfera

Welcome to the forums! You’re definitely in the right place to learn and connect.

Getting started depends on how much time and effort you can dedicate to your investments. If you’re able to be hands-on, I’d recommend exploring local deals or those in your home market. This allows you to control renovations and decide whether to self-manage on the back end. While this approach often delivers the highest returns, it does require a significant investment of time and effort.

If your time is limited, consider turnkey providers. These companies handle property acquisition, renovations, and management for you, offering a more passive approach. However, make sure to research thoroughly—there are many providers in the market, but not all have the experience or track record you’d want.

For consistent cash flow and long-term appreciation, look into areas in the Southeast. Markets there are growing rapidly while still offering competitive entry points for solid passive income opportunities.

Hope this helps, and best of luck with your investing journey!

Welcome Dan. You're in the right spot. Good luck investing! 

Hi @Abel Eskinder, 

Welcome to BiggerPockets! I’m glad to hear you’re enjoying the site so far.

At this stage, the biggest thing to focus on is your strategy and how much time you can commit. If you have the time and want to take a more hands-on approach, I’d recommend looking into the BRRRR strategy or flipping properties. If you’re aiming for a more passive investment, turnkey properties could be a great fit.

Feel free to reach out if you need any help—I’m happy to assist in any way I can. Best of luck with your investing journey!

Hi @Colin McGurk,

Welcome to BiggerPockets! You’re in the right place to find the research and resources to figure out the best investment strategy for you.

When it comes to investing, the best approach often depends on how much time you can dedicate. BRRRR and flips typically require more hands-on involvement but can offer significant returns, while turnkey properties are more passive and can provide steady, reliable returns over time.

Glad to connect & be of any help as you get started. 

Good luck investing! 

Hi @Denis Gantner,

Welcome to Bigger Pockets. 

My family owns REI Nation & we operate in the turnkey space primarily in the Southeast. As people have mentioned, what really matters is how much time/money you have available to put into this starting out.

Glad to connect & be of any assistance as you get started. Good luck investing! 

Quote from @Michael Pithium:

Quote from @Blake Clothier:

Hi @Michael Pithium,

Welcome to BiggerPockets!

My family owns REI Nation, and we have an office in Southlake, TX. We'd be glad to assist you as you get started on your investing journey. Whether you need advice, networking opportunities, or just some guidance, feel free to reach out. Looking forward to connecting and helping you along the way!

Hey Blake appreciate the introduction. I would love the opportunity to connect. As stated I’m rather new and would love to connect with someone local who might be able to provide some insight. Do you have an email or another contact method where we can chat?

 I'll shoot over a message with my contact info. Glad to help! 

Hi @Michael Pithium,

Welcome to BiggerPockets!

My family owns REI Nation, and we have an office in Southlake, TX. We'd be glad to assist you as you get started on your investing journey. Whether you need advice, networking opportunities, or just some guidance, feel free to reach out. Looking forward to connecting and helping you along the way!

Hi @Conrado Balicusto,

Welcome to the BiggerPockets forum!

My family owns REI Nation, and we operate in DFW, Houston, San Antonio, and 8 other cities across the Southeast.

I’m glad to connect and am here to help in any way I can.

Hi @Ashton Tracey, 

Welcome to BiggerPockets. 

My family owns REI Nation & Premier Property Management. We operate across the Southeast with homes in Memphis, OKC, & the DFW Metroplex. I'm also licensed in TN & MS. Glad to connect & help with any insights on the markets you're looking for.

I will agree with @Nicholas L. that you do need to complete all of your due diligence on the front end in these areas for the price point you mentioned, because there are a lot of horror stories out there. 

Good luck with your investing!