All Forum Posts by: Zach Jambor

Aloha Jimmy,

I'm curious how your experience went with Clifton Homes. Thanks in advance for any insights!

I've been looking into SFH turnkey properties in the KS area. Pros: It's a seemingly very hands off process and I have met fabulous local property management. Cons: not a lot of meat left on the bone, these properties are already fully rehabbed, so your purchase price is likely near the top of the market. You're also not likely to cashflow a great amount. Seems for a 180k fully rehabbed 4b/2ba property, monthly cash flow is around $420. You're certainly paying for the convenience of the turnkey aspect.

To AJ's point, if you have an in with a local construction company or are there on the ground yourselves, then you may get a better return. Overall, it does seem like a steadily growing market with high rental potential.

Would love to hear other thoughts!

Seems like this thread has unfortunately dried up a bit! I have only had an initial consultation with a Norada Real Estate Investments consultant and have not moved forward with actually purchasing a property. Though my experience is quite limited with Norada, my consultant Melissa has thus far been quite helpful in answering my questions. Naturally, every answer breeds more questions, but she has been patient and responsive. Some of the negative reviews I've read on Norada (not necessarily on BP) seem to stem from not understanding Norada's responsibility in helping you meet your investment goals, nor in yours once the purchase contract is complete. I will say that some of the listing prices and projected rents seem high when comparing against my own research. I'm still optimistic, but will ensure I do my due diligence to protect my investment.