All Forum Posts by: Kiera Underwood

Understood @Axel Meierhoefer we also manage any renovations you choose to do. You could say we have the project management and construction available via our company. We sometimes provide properties are already renovated and we often provide properties that have not been fully renovated so you can choose what extent of upgrade to do at tenant turnover. 

We will differ from most TKs in that we're not committed to one way to make you money. We'll do whatever makes the most sense with the current market. I wouldn't call us a turnkey company. Instead a company that sometimes provides a TK product. We're just a bit more flexible than a TK only company. 

@Aaron Bammert I can only speak for OKC, but there are benefits to buying on the outskirts here! On the west side of OKC you have newer developments, better schools and higher price points. The returns here are lower but the product is newer. On the east side you've got great bang for your buck. It's not unusual for investors to grab properties that cash flow as is for 60-80k. Have you connected with a realtor in your area? I'd look for one that specializes in investments! 

@Greg Koszkul I'd connect with providers in different markets to get an easy look at what's out there. Just make sure to read reviews of each provider. I've seen a lot of agents that like to talk the investment talk, but don't have much experience other than sales! 

@Gabe C. hit the nail on the head. If you're sure about the market and KNOW you're going to hold for 15+ years then you're golden. A low cap rate for a very easy long term rental is great. 

@Ryan Guffey I'd do buy and hold. If you want to learn more, ask your provider for something where you could raise rent rates with a bit of rehab and opt to self manage. Those will be semi-challenging baby steps that don't open you up to as much time-suck as your other options. 

@Santiago Ramiro Girado I know of decent loan terms for out of country investors. They're not incredible but it's not a total deal breaker. You could go that route and buy more turnkey type properties to stay passive? 

@Baha Acuner I can only speak for OKC but there are absolutely providers that can help you get it done. Typically the more middlemen that you involve the lower your return, but some return is better than none especially when you don't have other options! 

I think it depends on the market. I can speak for OKC that in B and C class rentals we held rent rates. We're a super stable recession-resistant market though.

@Abhishek Pareek As long as you do a 3rd party inspection and really look at structural, safety and mechanical issues. You budget for major mechanicals based on how old the current are and you have a contractor bid any updates you want to make I don't see it as any more or less risky than more expensive properties. Does this answer your question?