Many investors have realized that owning real estate is crucial for building wealth and protecting against more volatile investments like stocks and bonds. While you can use many different strategies when selecting properties for your portfolio, turnkey real estate investing may be your best option. It provides you with full ownership of the property, which you can use to earn passive income every month and benefit from long-term appreciation. This guide provides an in-depth overview of four of the best turnkey real estate companies.
Summary:
Best overall turnkey provider: Rent to Retirement
Best turnkey property management software: AppFolio
Best turnkey lender: North American Financial Corp
Best turnkey LLC formation service: Nevada Corporate Headquarters
A turnkey real estate company provides move-in ready or already rented properties to real estate investors. These companies often repair and renovate the properties. They'll also find renters and provide property management before selling them, allowing investors to begin generating income as soon as possible.
Rent to Retirement strives to help investors reach financial freedom through turnkey rental investing. Our ample expertise and experience in the turnkey industry allow us to provide you with the tools needed to minimize your risk and maximize your returns.
Here at Rent to Retirement, we specialize in providing our clients with turnkey rental properties. Turnkey investments allow you to earn passive income without the difficulties that come with standard rental ownership. We handle all the legwork involved with finding turnkey rentals that offer strong cash flow, appreciation, and equity potential.
There are many advantages associated with buying turnkey rentals with the help of Rent to Retirement, the primary of which are detailed below.
We work with national builders where we have access to their homes at below-market value, which the general public can't take advantage of. This is because of the volume we do to obtain wholesale pricing that we can pass along to our investors. All our construction occurs in-house alongside national builders to ensure our customers have access to the best inventory.
When you purchase turnkey properties with Rent to Retirement, you get transparent property pricing from the start. We want you to be 100% confident in any purchase you make, which is why we display the property price, your initial investment, the potential ROI, and your estimated cash flow. By giving you this information immediately, you can do all the math yourself.
We want our customers to find success immediately after making their first investment, which is why we only operate in top investor states. Our team constantly monitors the real estate market to keep track of trends and identify the beginning of market upturns or downturns. Check out all our turnkey rental properties for sale!
We have a rock-solid reputation that we maintain by ensuring complete customer satisfaction. We have an A+ rating with the Better Business Bureau and a 5-star rating on BiggerPockets. Our goal is to help investors purchase turnkey properties in a smooth and stress-free manner.
Here at Rent to Retirement, we provide a detailed education and coaching program for investors who like a more structured approach when building their investment plan/strategy with hands-on coaching/mentorship. Again, this is something that no other turnkey company offers. We want investors to gain the knowledge that we've cultivated over the years.
Lastly, we have our wealth calculator free on our website for anyone to use. This tool allows investors to run analyses on potential deals. It also allows investors to track the performance of their individual properties and their portfolio as a whole.
More importantly, it allows investors to future project their investment portfolio cumulative cash flow, equity, and overall net worth. This feature helps investors plan their anticipated "retirement" or "financial freedom" date in the future following a structured investment plan.
We specifically developed this calculator as we could not find a tool that allowed for a portfolio evaluation that aggregates all properties and provides future cash flow and equity assumptions. This is another tool that no other turnkey provider offers.
AppFolio is a property management platform that's been around since 2006. They streamline and automate the real estate management process to help their clients unlock their potential and earn passive income from their investments.
AppFolio's Property Manager software helps investors grow their businesses and discover new efficiencies. Their proven approach involves agile technology, a single platform, excellent customer service, and industry-leading AI. They aim to streamline workflows and minimize the costs associated with property management.
AppFolio offers many property management benefits that you can't easily find with other software solutions.
AppFolio allows owners and renters to go paperless with their online rent collection system. Tenants are able to pay rent through an online portal, which ensures secure and fast rent collection. By maintaining an online system for this task, they can offer other helpful features, which include submitting maintenance requests and viewing payment history.
AppFolio offers a feature-rich accounting system as well as real-time reporting. This system minimizes human error with features like smart bill entry, performance insights, flexible reporting, and API auditing.
AppFolio has portals that allow residents and vendors to easily submit maintenance requests and invoices, which keeps you in the loop. They respond quickly to any request to ensure satisfaction.
AppFolio is much cheaper than a property manager! They offer three residential property management packages, which are priced at $1.49, $3.20, and $5.00. These are per-unit, per-month charges.
Ready to start building your financial future? Schedule a free call with the Rent to Retirement team!
North American Financial Group is a lender that provides affordable mortgage loans for investors who wish to purchase turnkey properties. They guide all their customers through the home loan process to help them avoid costly mistakes.
North American Financial Group offers high-quality investor solutions via their Debt Service Coverage Ratio loan. This type of loan comes with faster closing times, lending amounts that reach $5 million, and minimal verification requirements.
Partnering with North American Financial Group to obtain a turnkey loan can be highly advantageous.
From FHA loans to conventional, USDA, VA loans, jumbo loans, and down payment assistance loans, North American Financial Corp has a large selection for any buyer. They also help buyers determine which type of financing is right for them.
A Debt Series Coverage Ratio loan is available to investors who may not qualify for other options. A huge benefit of this option is that it’s a “no-income loan,” meaning that the loan is based on the property’s numbers, not your personal finances.
As the preferred lender of Rent to Retirement, North American Financial Corp has proven time and time again that they can get the funding done for our clients. Their experience allows them to efficiently complete the underwriting process with minimal effort for investors!
Nevada Corporate Headquarters Inc. provides a suite of business formation services to investors and entrepreneurs who'd like to start a company. Along with managing paperwork, NCH works with its clients to offer assistance in payroll management, tax compliance, and credit building.
NCH can guide you through the formation of an LLC or corporation. During this process, they'll make sure to protect your assets and help you obtain ample tax advantages. Their business formation packages include tax planning, bookkeeping, articles of organization, custom websites, and home state registration services.
Forming an investment-focused LLC is often necessary for investors who wish to expand their portfolios.
NCH can help you form your business in less than 24 hours. What's more, you'll receive your Nevada LLC for free if it's not completed within 24 hours.
NCH has built a strong reputation by providing customers with effective and efficient business formation services. They have an A+ Better Business Bureau rating and a 5.0-star rating on Trustpilot with more than 10,000 reviews.
Whether you're an experienced investor or someone who's looking to buy their first property, turnkey investing allows you to obtain rental income without needing to manage your property yourself. To add successful investments to your portfolio, make sure you only trust the best turnkey companies.
Along with Rent to Retirement, turnkey companies like AppFolio, North American Financial Corp, and Nevada Corporate Headquarters can guide you safely through the investment process. Here's a recent quote from one of our customers:
“I've purchased 3 homes through Rent To Retirement, and I'm currently working on my 4th! I've had nothing but good experiences working with Zach and all those associated with his company!” - Riley S.
Turnkey providers sell and manage turnkey rental properties. These providers are often companies that have purchased and rehabbed properties with the intent to sell to other investors.
In real estate, turnkey properties are fully renovated homes that are sold to investors who can immediately rent them out. The turnkey provider you purchase the property from may be a company that focuses on restoring older properties. Many of these companies offer property management services, which you can select to take full advantage of the property as a passive investment.
Turnkey properties offer many advantages, the primary of which is that you can rent them out immediately after the transaction is finalized. These properties can generate income quickly without requiring much effort on your part. Some of the additional benefits of turnkey properties include everything from long-term profit potential to passivity when investing.