All Forum Posts by: Joseph Crunkilton

I have not, but I have used other turnkey providers with great results. Definitely check out multiple options!

Quote from @James Thompson:

Quote from @Joseph Crunkilton:

There's a million factors and you can spend months analyzing every detail. Personally I don't like to spend so much time over details. I found a few markets other investors were buying in and decided to set up shop there.

What are you looking for in an investment? I can recommend some markets. 

 What would you suggest for someone who wants to be investing in multi-units?  Looking for immediate cash flow and getting in with little out of pocket money.  I have investors behind me.  

That's probably over my pay grade, since I'm just a personal investor although I have raised capital with partners. I like KC. But most major midwest markets are going to provide you easy cash flow, strong COC returns and friendly laws. Are you thinking commercial? Or multi unit residential?

Buy a turnkey rental in the midwest and collect checks for $300-$500 a month in cashflow. Easy peasy.

Network. Join the local investor FB groups and look for meetups. Growing connections is the best way to get your foot in the door. Especially if you're investing locally. 

Are you an experienced investor? If not, I would recommend staying away. Although it sounds like all you'll need is an eviction and repairs. Because of this the owner would need to provide a steep discount to make this worth your while. Well over 5%.

Disgruntled tenants are almost always trashing the place, and they won't leave nicely. My last eviction took almost an entire year before I had them out, the property renovated and a new tenant in place. Are you prepared for all the costs? Mortgage, lawyer fees, repairs, placement costs, etc.

Kansas City, MO. Good appreciation, strong rents and friendly laws. 

There's a million factors and you can spend months analyzing every detail. Personally I don't like to spend so much time over details. I found a few markets other investors were buying in and decided to set up shop there.

What are you looking for in an investment? I can recommend some markets. 

Do as much research as you need to feel comfortable. But experience is the best teacher. Once you buy your first rental you're officially an investor. I learned more from my first rental than any book.

What specific strategy appeals to you? Are you looking to be passive or active? Personally, I prefer to be almost completely passive.

Definitely check out user's reviews! Best way to learn is through other's experiences.

Hi Aruna, I was in the same situation a few years ago. I connected with @Zach Lemaster who helped me get started. Since then I now own a handful of rentals in remote markets that perform well. You should reach out and see if they can help you!