All Forum Posts by: Kathy Fettke

@Josh Walker  I'm so sorry you didn't get the response time you were expecting.  Please always let us know at RWN so we can help. I hope you've had a chance to talk to Mike and his team since this thread began (which I just discovered as I'm not on BP very often.)  

I am very excited to lead a Real Wealth Network property tour in Detroit on November 10th. The city reminds me of when I first bought in Cleveland - where the cash flow has been incredible and values have doubled since I bought just a few years ago. I love areas with a bad reputation (but in the process of cleaning it up) because that's when you get the best deals. Good things are happening in Detroit and Cleveland. I plan to buy more in both places. 

Many people are surprised that I walk the talk. :-) I absolutely use the turnkey companies we recommend - and I don't ask for any special treatment beyond what our members already get. 

I love investing in cities that invest in themselves - especially when the rest of the world hasn't figured that out yet. When they do, those of us who jumped in early will benefit big time.  @Ken Ngo I think you may regret your decision in a few years. You might want to join us on tour to see for yourself.

Joe, I'm so honored to be invited back. It was a 5 star event last year. Based on how high you raise the bar, I'm guessing it will be 6 star this year. :-) Can't wait!

@Abdul Azeez its definitely getting harder but at Real Wealth Network we are still finding these kinds of returns on turnkey property in Cleveland, Detroit, KC and even parts of Florida. I wouldn't worry as much about the 1% rule as the overall return. For example, in Texas we can sometimes get 1% in rents, but taxes eat up the cash flow. Whereas you might get less than 1% in Florida but taxes are lower and appreciation is still strong. Maybe after the stock market crashes, we'll find more deals. :-)

So honored to be sharing a stage with these pros!

Thank you so much, Joe, I love the video by the way! 

I'm excited to meet some of the people I know but have never met, so again. Thank you for setting this up! 

Hit the slopes after, anyone?

Ray, 

We keep our website updated with the turnkey companies we recommend - and more importantly, no longer recommend. 

Markets can change rapidly, and so can the quality of the teams that we vet. Sometimes good companies can go bad for various reasons (changes in the market or personnel), so it's really important to stay tuned in to our website to see if there are any changes to markets or turnkey providers we've recommended.

I say this because in the past I've heard people bought from companies we once approved but then stopped using because the quality of their services started to suffer. We don't want that to happen ever again!

That's really the power of working with Real Wealth Network. We hired a Six Sigma Blackbelt systems guy to perform regular audits of turnkey providers to make sure they continue to meet our very high standards.

Be sure to speak with one of our investment counselors as well to get the inside scoop! They can look over the proforma and give you feedback based on years of experience on what to look for.

All the best to you!

This was a fantastic event. I'm so glad I got to meet you, J!  I tried to use some F words to be cool like you, but it just sounded raunchy when I said it. Anyway, you sure know how to bring together a solid group of people. Loved it!

Hi Ray,

We have the inventory - just not posted. You have to reach out to the providers because they often sell before they can post on our site. But AREI is great! Did you find them through our site? If so, say hello for me. And keep us posted (it always helps to have the backing of our network to make sure you get exactly what is promised....)

@Tim Richardson Thanks so much for the shout out! :-)

@Lisa Higgins Looks like you posted 7 months ago. How are things going for you?

Hi @Ray Lai, Thanks for the shout out!

You definitely don't have to pay retail for turnkey properties. Unfortunately, it's getting a little harder to get equity in Indianapolis, but it is possible. 

The best markets in our network for getting double digit cash flow AND equity are in Pittsburgh and Cleveland. These are still my two favorite markets still. Although, our new team in Tampa is pretty insanely good - their properties come with built in equity because they buy from probate and then turn 2-beds into 3 beds. 

We are just vetting 4 new teams - one in Detroit, and we think that will be a homerun too.

Anyway, there are some companies that offer "semi-turnkey" or BRRR (Buy, renovate, rent, repeat...) and you can get more equity at purchase. Most of our investors want totally turnkey and don't want to do a thing - they are 100% passive because they have demanding jobs and lives that don't allow them to spend much time on their investments (for now, until they build enough cash flow to quit their jobs!)

Let me know if you'd like a one-on-one strategy session to come up with a plan for building back some of those losses. (Trust me, I've been there!)