All Forum Posts by: Rico See

Abdul, thank you

My local market is horrible for rentals returns. Out of state markets have better returns. Using a turnkey seems easy but the fees and purchase costs are higher. That's why I am also considering a local realtor.

Anyone here use both? Pros? Cons?

I am torn between buying long term rental property out of state through a turnkey broker or a local realtor. The turnkey I was looking at Rent to Reward memphis. They price their inventory higher than comparable listings. I've heard that some turnkeys nickel and dime owners for maintenance fees. I'm leaning towards buying through a realtor.  Any advice would be appreciated. 

Has anyone here looked at the Memphis TN area for rentals? There are a lot of turn key brokers there. I am debating between purchasing through turn key or a local realtor. I am also from Southern California. Rents are low here.