Turn key rentals

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jrtexas
Posts: 150
Joined: Tue Feb 10, 2015 2:19 pm

Turn key rentals

Post by jrtexas » Wed Mar 25, 2015 12:59 pm

Has anyone dealt with Turn Key rentals, specifically Norada Investments?
Thank you

strcmp
Posts: 26
Joined: Thu Jun 07, 2007 7:04 am
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Re: Turn key rentals

Post by strcmp » Wed Mar 25, 2015 2:02 pm

Appears to be a scam artist, so i'd stay away.

The very first link that shows up in google is this..

http://www.ripoffreport.com/r/Norada-Re ... -Ni-244527

jrtexas
Posts: 150
Joined: Tue Feb 10, 2015 2:19 pm

Re: Turn key rentals

Post by jrtexas » Wed Mar 25, 2015 3:19 pm

strcmp wrote:Appears to be a scam artist, so i'd stay away.

The very first link that shows up in google is this..

http://www.ripoffreport.com/r/Norada-Re ... -Ni-244527
Interesting. I would be paying cash. My concern is being able to sell the property.

jimbowman
Posts: 33
Joined: Mon Oct 13, 2014 11:53 pm

Re: Turn key rentals

Post by jimbowman » Wed Mar 25, 2015 3:26 pm

Why not just buy a property yourself and hire a managment service to deal with the tenent?

EasilyConfused
Posts: 106
Joined: Tue Sep 02, 2014 4:04 pm

Re: Turn key rentals

Post by EasilyConfused » Wed Mar 25, 2015 4:04 pm

Buying turnkey rentals from a distant management company is like using a storefront financial advisor to buy high-fee mutual funds. You can make money that way, but in many cases the fees involved turn winners into losers and it's likely you'd make more money through DIY.

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