Microsoft Start | Jan 30, 2024 | Mia Rodriguez

When looking to build wealth through real estate, investors have two main options - turnkey or conventional investing. Both come with pros and cons, so it's important to weigh your goals, timeline, budget and risk tolerance. 

"We started out buying run-down properties, fixing them up, and renting them out ourselves," said REI Nation founder and CEO Kent Clothier Sr. "It was rewarding but extremely time- and labor-intensive. We knew there had to be an easier way for investors to benefit from residential real estate without all the hassles."

The answer was turnkey - a hands-off approach that allows investors to own rental properties without handling any of the legwork involved. A turnkey company like REI Nation purchases, renovates and rents the property, then transfers ownership to the investor under a triple-net lease agreement.

So, what are the key differences between turnkey and conventional real estate investing? And how do you decide which strategy is better for your goals?

Real Estate Today | Jan 24, 2024 | Aize Perez

Investing in rental properties remains one of the most reliable ways to build long-term wealth. And with today’s interest rate environment, investors can still capitalize on real estate. However, obtaining financing poses unique hurdles when purchasing out-of-state investment properties.

“Out-of-state investment properties can be more challenging to finance because lenders have to manage risk without local market familiarity,” said REI Nation CEO Kent Clothier Sr, an industry veteran in rental real estate finance. “Working with specialized lenders is key. They understand factors like cross-state landlord-tenant laws, long-distance property oversight, market analytics and appropriate loan products. Guiding investors to the right financing partners ensures smooth transactions plus portfolios tailored to their current assets and future investment goals.”

While securing financing for a primary home follows pretty standard protocols, investment loans differ greatly. And if you live in a different state than your rental property, several additional considerations come into play around loans, terms, qualification criteria and more.

New York, August 2, 2023 — Madison International Realty, a leading real estate private equity firm, today announced it has agreed to commit up to $150 million in strategic growth capital to REI Nation, a vertically integrated single family rental (SFR) operator with over 7,600 homes under management.

In line with our core values of "Give Superior Customer Service" and "Never Stop Improving," REI Nation is releasing results from a recent survey administered to residents of Premier Property Management Group (PPMG). PPMG is the property management wing of REI Nation's suite of turnkey real estate services, offered to investors of long-term single-family rentals.

MEMPHIS, Tenn. — August 25, 2022 — Hero’s Home, Inc., a charitable nonprofit founded by real estate investors in the U.S., and Operation Homefront, a national nonprofit serving America’s military families, today announced they will award a mortgage-free home to a veteran family in Memphis, Tenn., and prepare them to become successful homeowners. The home will be fully renovated by REI Nation, one of the largest turnkey real estate companies in the U.S.

MEMPHIS, Tenn. — July 13, 2022 — REI Nation, one of the largest turnkey real estate investment companies in the U.S., today announced its half-year 2022 single-family rental performance metrics. During the first half of the year, the company paid its single-family rental investors more than $42 million in net rental income, a year-over-year increase of 19%. By year-end 2022, REI Nation expects its net rental income payments to top $80 million, a year-over-year increase of 9.9%.

MEMPHIS, Tenn., May 4, 2022 — REI Nation, one of the largest passive, turnkey real estate investment companies in the U.S., today announced its Q1 2022 single-family rental performance metrics across its 13-market footprint. The company increased its year-over-year single-family rental sales to investors by 29% with 270 in Q1 2022 compared with 210 in Q1 2021. During Q1 2022, REI Nation completed 244 renovations with the majority of activity occurring in Memphis, Dallas, Little Rock, and Oklahoma City.

MEMPHIS, Tenn. — Feb. 15, 2022 — REI Nation, one of the largest turnkey real estate investment companies in the U.S., today announced its 2021 single-family rental performance metrics across its 13-market footprint. For full-year 2021 reporting, the company saw a year-over-year increase of 31% in single-family rental homes purchased and renovated, with 754 in 2020 compared to 991 in 2021. The number of homes REI Nation contracted to buy in 2021 increased year over year by 54% with 1,284 in 2021 compared with 833 in 2020.

Funding Will Increase the Purchase and Renovation of Single-Family Rental Homes

MEMPHIS, Tenn. — Nov. 10, 2021 — REI Nation, one of the largest turnkey real estate investment companies in the U.S., today announced it has closed on a $16M funding round and surpassed 7,000 properties under management in 13 markets. The investment round, which closed on October 27, exceeded its initial goal of $15M by more than $1M.

Premier Property Management Group Grows as Remote Real Estate Investing Increases

MEMPHIS, Tenn. — Sept. 14, 2021 — REI Nation, the largest turnkey real estate investment company in the U.S., today announced it is expanding its property management services across its existing 11 markets and adding Austin and Nashville to its footprint. The company’s property management division, Premier Property Management Group, which was established to support REI Nation owner-investors, will now offer its services to any owners of single-family rental properties, regardless of their affiliation with REI Nation. In addition to the new Nashville and Austin presence, the company operates in Memphis, Dallas-Fort Worth, Houston, San Antonio, Huntsville, Birmingham, Tuscaloosa, Oklahoma City, Tulsa, Little Rock and St. Louis.