All Forum Posts by: Taz Zettergren

I'd try for the $1600 at first see how they react then readjust accordingly if need be. Maybe offer a 2 yr renewal with $1500 yr 1 and $1600 yr 2 or just a one year renewal with $1600 in rent

@Charles Evans congratulations on making the jump! This is the best way to get into home ownership and real estate investing in my opinion. I did the exact same thing 5 years ago except it was a single family and I rented the rooms out to friends, now my wife and I have built a portfolio of 10 homes. Best of luck on the journey and be sure to bump those rents next renewal! 

@Denise Lang welcome to the forums! If you are looking to passively invest I would recommend finding a company that is vertically integrated so you have one main point of contact from start to finish. There are companies who buy homes, renovate them, place a resident in, sell the property then manage the property as well on the back end. For those that don't have the time or resources it's a great way to passively invest.

Now if you want to be more active there are agents who can help you scale with the right teams in place. Either way you chose to go I would definitely recommend the southern/middle part of the country places like Texas, Tennessee, Arkansas or Oklahoma.

@Jonah Gunalda welcome to the forums and congrats on the first post! Always love seeing fellow Mississippians on here, I'm in Nesbit but am from Senatobia. I spent quite a bit of time in the Jackson area playing MRA, JA and Prep back in the day. Personally I'm not a fan of syndications simply because there is absolutely 0 say so and what you can and can't do. I'd prefer to own the asset and partner with someone who can manage the asset so it's completely hands off. There are companies that buy properties, renovate them, place a resident in the home, sell to an investor then property manage for the investor as well on the back end. It makes for an extremely passive way to invest in real estate but at the end of the day you do have the say so on what happens at your property. 

Or if you have an investor friendly agent they can help identify properties that are in very good condition and link you to a property management company. While it's not as passive as working with companies like I mentioned earlier it's still a great option. Feel free to reach out if I can be of any assistance. Best of luck! 

 Crime is still a problem in certain areas but if you stay in the suburbs that's where the most demand is so typically farther east and either south or north will get you into safer areas. Little Rock and OKC are the capitals of each state so there's a ton of government jobs that provide a strong level of security because we all know those jobs aren't going anywhere. Of course there are several other economic stabilizers within each market. 

Feel free to reach out if I can be of any assistance!

@Kent Fang ching I work with a couple hundred clients that live in California and they're doing the same thing. They prefer the middle/southern part of the country because the laws are friendly and prices are more affordable. Markets like Memphis TN, Little Rock AR, Tulsa or OKC, OK. You'll be right around that median priced home where the most demand will be, not only for rentals but for owner occupants looking to purchase as well. 

@Rafael Ro And one other thing I failed to mention turnkey is a buzzword often used for marketing, but few companies truly deliver a full turnkey experience from start to finish. Many only handle part of the process but still market themselves as turnkey because the term is popular. Rather than focusing on the label, look closely at the services being provided, the value those services bring, and how that value aligns with the price you’re paying as an investor

@Greg P. welcome to the forums and congrats on the first post! It all depends on how active you want to be as you start out and how much experience you have thus far? The more actions you take of course the more money you will save but it will take more time, effort and energy while there is a learning curve which often times can be pretty steep in this industry. If you're going to continue to work while you start to build a portfolio I'd advise to invest passively, at least for the first few deals. There are companies out there who purchase homes, renovate them, sell them to investors and manage for those investors as well on the back end so it can be an extremely passive way to invest. While it doesn't provide a sexy return like a flip or BRRR it's a great way to start and it's a slow, consistent return for you. If you started somewhere like Texas, where there's more appreciation, you could do this for 5-7 years then 1031 exchange those properties into higher yielding products that'll allow you to walk away from your job. Again this is if you want to do is passively.

In regards to markets I would recommend the southern/middle part of the country because the price points are much friendly as well as the laws. Longterm my family's plan is to build our wealth and cash flow in rental properties but we focus on median priced homes. Not only are they the most conistent as far clientele you're working with these areas will have the most demand from renters and owner occupants so units will fill up quickly, more times than not with higher quality clientele. 

Happy to discuss in further detail if you're interested. Best of luck on the journey! 

I wear two hats in this conversation: as a licensed agent, I have a fiduciary duty to my clients to ensure their best interests are always prioritized. I can give clients advise and my opinion on situations but not everything is always known. Additionally, as a Portfolio Advisor at REI Nation, a true turnkey company, I help investors make informed decisions.

The real difference comes down to risk and alignment of interests. Turnkey companies assume the upfront risk—they buy, renovate, place qualified residents, and offer warranties. These steps ensure the property meets high standards and minimizes surprises. With an in-house management team and data-driven decisions, a company like this provides peace of mind for truly passive investors.

While finding properties on the open market can work, it often comes with uncertainties regarding condition, tenant quality, and maintenance history. You may save upfront, but the long-term risks could offset that savings. Ultimately, it’s about the level of involvement and risk tolerance you’re comfortable with.

@Rafael Ro

There are cash flowing deals on the open market, I'm helping clients find them daily but in some situations it makes sense to go with the turnkeys to minimize your risk. It's just a matter of choosing the right company to work with. Some are offering 5.38% interest rates on a 30 yr fixed rate at no cost to you, couple that with a 1 year maintenance free guarantee and a resident in place at closing and it can be a slam dunk of a deal