All Forum Posts by: Keaton Reiners

Chris, thank you for this reply! For the clients who have a more modest portfolio size, such as 5-10 SFH, will all of the homes typically be managed under REI Nation as well? I guess I'm asking how "hands-off" the investor might be when dealing with a portfolio that size under REI Nation.

Thanks again

Hey everyone, I am still deep in the research stage of my REI journey. I have heard great things about REI Nation, and I'd love to hear about other people's experiences. I have found multiple threads with case studies and people sharing their experiences on a single home purchased and managed through REI Nation, but I'm curious If anyone out there has a somewhat large portfolio under REI Nation (5+ homes, 10+ homes?) that they'd care to discuss?

I’d love to hear how you scaled over time, how things are performing, what cash flow looks like, which market(s) you’re in, how your experience has been, and anything else you’re willing to share!

Really looking forward to hearing about people’s experiences! Thanks!

Hi everyone, still doing my research on how I want to jump in to REI. I'm curious how feasible it is to have a large portfolio (50+ units, mostly SFH) under a turnkey provider? Does anyone on here have experience with building a sizable portfolio, either under a single turnkey provider or multiple? Has anyone been able to do this with REI Nation specifically?

I'd love to hear about how people were able to scale over time, and how the TK provider was able to assist with that. I'd love to here any experiences or advice! Thanks!

I actually just made the home flipper comparison in another reply before reading your post, it's very true! I do like the idea of a TK provider having the incentive of properly managing the properties in order to maintain a strong relationship, they seem to have more skin in the game than a standalone property management company. Thanks for the reply!

That is the feeling I started to get about this company, that they are really just glorified house flippers. Thanks for your reply!

Thank you for the reply, but I do wish it was a little more helpful, as I didn't learn anything from this. Of course REI takes time, but the whole question is how much. There are obviously ways to make REI an 80 hour/week job, and there's also ways to make it a much more passive investment while having a full time career, and I am seeking the latter. I know many people managing robust real estate portfolios who only dedicate a few hours a week to checking in with property managers. I was asking a simple question about the two methods of obtaining property management, and your reply was of no help. If you have some advice to share that actually pertains to my question, please feel free to share.

Hi all, looking for some advice as I try to get started out. I am looking to start a rental property portfolio, and I would ideally like my investment to be as "hands off" as possible, while still having agressive growth and expansion over the years. As I research turnkey companies, how property management is handled isn't always super clear. 

It seems there are two obvious solutions: the turnkey company provides property management as part of their services, or you will have to find a third party to manage your properties. Considering my strong desire for a "hands off" approach, having the property management integrated directly into the turnkey company sounds great. I had a call with a company and the representative had an odd attitude towards this, dismissing it and saying something along the lines of "well we don't do that because it's your investment and you need to learn to do that yourself." I'm assuming that this flippant attitude was due to the fact that they simply didn't offer that service and wanted to justify it somehow. 

How common is it to find turnkey providers that also will manage the properties, and are there any notable downsides? I would like to grow a portfolio to a substantial size eventually, possibly even in multiple markets, and dealing with multiple property managers would make this increasingly less "passive." Does anyone have experience with a large portfolio in multiple markets, all purchased and managed through a single turnkey company? I'd love to hear about your experiences and any advice you all may have for me! 

Thanks!

@Zach Lemaster

I reached out via email and got in touch with Jaiden, and I have a call scheduled with Eric Winkler tomorrow. Thanks for the great communication!

@Zach Lemaster Thanks for the reply! Those threads were definitely useful. Is it best to ask questions on here, or are you available for a phone call at any point?

Thanks

Hi everyone,

I am a young investor who is just looking to get started in REI. I don't currently have a lot of capital, but I will soon be graduating with a degree that will provide me with a fairly lucrative job. I have been reading about different types of turnkey options, from things like JWB in Jacksonville, HomeUnion, or a service that simple helps connect you to various options like Roofstock. I have heard great things about Zach at Rent to Retirement, and I have a few questions about how they operate.

1. I know they operate in multiple markets. If I wanted to build a very large and diverse portfolio eventually, would it mean that I would inevitably be working with a bunch of property managers, service and repair companies, etc? Or does Rent to Retirement operate between you and those services so that your time and involvement is kept to a minimum? Ideally I would like things to run "in the background" as smoothly as possible.

2. I mostly hear about Zach, and it sounds like he's awesome! I know he prides himself on building a great long term relationship with all of his clients, but how sustainable is this in the long term? Is it just Zach, or is there a whole team? If I plan to grow a sizable portfolio over the course of 40-50 years, how does this all look for the long term?

3. How extensive are the services they offer? For instance, if I wanted to pursue a plan to do cash out refinances on homes to grow faster, would Rent to Retirement facilitate a lot (or most) of this process? I suppose most of my questions come down to a similar theme, which is "how hands off can I truly be while also growing aggressively and with multiple techniques?"

I would love to hear any and all input from those who can help, thanks for reading everyone!

Keaton