ValiantCEO | Oct 28, 2024
Real estate is a proven path to building wealth, and turnkey real estate offers a particularly appealing option for new investors. A turnkey property is fully renovated, ready to rent, and often includes professional property management. This hands-off approach simplifies becoming a real estate investor, allowing beginners to focus on the financial benefits without requiring direct involvement in renovations or resident management.
Impact Wealth | Oct 11, 2024
Chasing cash flow might seem like the smart move, but it’s often the shortcut that keeps real estate investors from seeing the bigger financial picture. After all, earning a steady monthly income from your properties is the perfect way to measure success. Or is it?
What if this focus on cash flow is holding you back from realizing your full investment potential? While positive cash flow is important, it’s worth considering whether it should be the primary focus, especially if you want to build lasting wealth.
Forbes | Aug 26, 2024
Intense collaboration and customization are often a hallmark behind successful business partnerships. But getting collaboration right can be surprisingly challenging — and in some cases, even the most well-intentioned collaborations can fail.
But for many service providers and suppliers, significant investment in customization can be out of reach. One approach that can still provide great value is turnkey solutions. Here’s how turnkey solutions can deliver meaningful value, without requiring as in-depth of a partnership.
LA Weekly | Aug 12, 2024
Owning and managing rental properties can be a great way to generate passive income, but it also comes with responsibilities. As a landlord, keeping your properties well-maintained through preventative measures and addressing emergencies promptly is key to protecting your investment, keeping tenants happy, and avoiding legal issues.
Getting the balance right between preventative maintenance and handling emergency repairs is an essential rental property management skill for any landlord to develop.
Global Banking & Finance Review | Jun 25, 2024
There’s an overemphasis on cash flow in today’s real estate investor community. While positive monthly cash flow is important, over-focusing on it can severely limit investors’ opportunities and long-term returns. Investors must balance desires for immediate returns with planning for impactful long-term growth and stability.
Understanding drivers of long-term property appreciation, rent appreciation, mortgage principal paydown, depreciation tax benefits, and equity growth through both natural appreciation and borrowed equity is key. While positive cash flow provides immediate returns, it’s the long-term value and steady benefit of monthly rental revenue that best secure a consistently profitable real estate investment over time.
REINation CEO Kent Clothier Sr. said, “Cash flow is a snapshot, a moment in time. Appreciation and the accumulation of true wealth happen over years, even decades with rental properties. Don’t let a myopic view limit your success.”
Disrupt Magazine | Jun 4, 2024
Real estate is one of the best long-term investments for building wealth and generating passive income. Rental properties can provide steady cash flow while the property appreciates in value over time.
Forbes stated, “Appreciation, or the rising of home prices over time, is how the majority of wealth is built in real estate. This is the “home run” you hear of when people make a large windfall of money. While prices fluctuate, over the long run real estate values have always gone up, always, and there is no reason to think that is going to change.
However, to accurately assess the profitability and return on a rental property investment, it’s important to look beyond just the purchase price and rental income. Calculating the true return on investment (ROI) requires a thorough analysis of all the costs and benefits.
Realty Today | Apr 17, 2024
Investing in rental properties outside of your local area can be lucrative and enable investors to take advantage of strong housing markets in other parts of the country. However, being a landlord from a distance comes with its own set of unique obstacles to navigate. Overcoming the challenges of out-of-state real estate investing requires careful planning, the right local team, and effective systems to manage your properties remotely. When done correctly, remote real estate frees investors to dream big.
Realty Times | Mar 14, 2024
Out-of-state rental properties can provide passive income when managed properly, but effective remote oversight requires thoughtful planning. Self-managing owners face numerous pitfalls and lack professional support. By contrast, done-for-you companies like REI Nation apply proven systems to maximize returns while minimizing owner burdens across large portfolios.
This article navigates the complex territory of investing in out-of-state rental properties, contrasting the hands-on approach of self-managing owners with the streamlined, worry-free model offered by professional management companies like REI Nation. We'll explore the inherent challenges of DIY property management and how specialized firms can significantly reduce the burden on investors, ensuring a smoother, more profitable experience.
New York Weekly | Feb 15, 2024 | Chiara Accardi
Texas is a good destination for out-of-state real estate investors, with major metro areas like Dallas and Houston offering affordable properties with strong rental demand. For turnkey properties in particular – rental homes that are purchased move-in ready with tenants and professional property management in place – both Dallas and Houston present lucrative opportunities.
But investors may be wondering – which Texas market is better for turnkey real estate? REI Nation compares the pros and cons of Dallas and Houston’s rental markets, demographics, economy.
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?
