All Forum Posts by: Tanner Shore

@Ali Boone awesome. That's what I have been hearing. Seems like most of the time it comes to down the property itself. 

@Mark S. @Ian Walsh @Lee Ripma Thank you all for the insight and advice!

Hey BP fam, 

I am a brand new investor and have decided OOS turnkeys is the route I am going to take. It might be because I am new and don't want to get burned, but I have heard stories of some turnkey companies being shady and having only their best interest in mind. 

My question is, what negative experiences or mistakes have you ever had/heard of from turnkey companies? I plan to go the turnkey route for my first 3-5 properties and maybe even all, so I want to make sure I choose a company that I can "partner" with for years and deals to come. 

Question #2, other than good reviews and referrals, are there are other good ways to vet these companies? Any and all input is appreciated! Thank you.

@Joseph Crunkilton I definitely will be reaching out to you and looking more into Rent to Retirement. Thank you Joseph!

@Ali Boone @Kiera Underwood Thanks for the great advice. I will definitely start reaching out to teams to start to narrow down that search to find my market. I also think that a turnkey property will be my best bet considering it will be not only my first OOS deal, but first deal in general.

@Account Closed awesome points to consider. I just listened to a BP podcast that mentioned running an analysis of x amount of properties in x amount cities, which is spot on! Thank you Kelvin!

@Patricia Steiner this helps a ton. I am planning to buy and hold forever, and have heard time and time again that buying high quality properties and making them "tenant proof" is a must ensure the property lasts for decades to come. I appreciate the advice on looking at employers and market growth as well. 

Thank you! 

Hello BP community. My name is Tanner. I am fairly new to RE investing, currently having no deals under my belt. I live in Corona, CA which isn't the most ideal market to purchase cash flowing properties. Since I am only 23, I don't have the proper financing for these 500, 600, 700, and 800k houses.

My main question is, knowing that there are much cheaper houses in the midwest and south eastern states that are more ideal for cash flow, what is your process for choosing an out-of-state market with 0 knowledge/experience of that market?

Thank you sooo much!

Hello BP community. My name is Tanner. I am fairly new to RE investing, currently having no deals under my belt. I live in Corona, CA which isn't the most ideal market to purchase cash flowing properties. Since I am only 23, I don't have the proper financing for these 500, 600, 700, and 800k houses. 

My main question is, knowing that there are much cheaper houses in the midwest and south eastern states that are more ideal for cash flow, what is your process for choosing an out-of-state market with 0 knowledge/experience of that market? 

Thank you sooo much!