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All Forum Posts by: Jared Smith

Jared Smith has started 6 posts and replied 21 times.

Post: Anyone used US Real Estate Equity Builder in KC MO? Need advice.

Jared SmithPosted
  • Lender
  • Huntington beach
  • Posts 21
  • Votes 5

I've been researching this as well for the last month. Like you I'm looking to do the same from a distance.   From what I've noticed SOME of these "turn key" companies  buy a bundle of homes from a bank then resell them at a premium.  For instance, I saw a home in Ohio that was selling for 60k when the market only supported 35k maybe 40k in a so called B area.  The seller turned out to be the management company.  Yes, you might see rental income of 7-800 but remember your eventually going to sell.  Selling at a loss is never fun 

My advice is do your research on the area and don't rush into anything.  This website seems to be very informative.