is roofstock legitimate?

Gray Frame Corner
Gray Frame Corner

Turnkey rental property investing has appeal. The promise of good property to go and produce an income from day 1 of purchase. Is it too good to be true?  Roofstock even takes it one step further by vetting the properties and property management companies it works with. But is it too good to be true?

Yes, Roofstock is a legitimate company. Investors have used it successfully to both buy and sell rental properties.

In 2019, they surpassed 2 Billion Dollars worth of transactions on their platform.

What are the Benefits?

Using Roofstock, you can filter investment opportunities by cap rate, return, and their metric for neighborhood quality. Another benefit of Roofstock is that they sell homes stabilized with tenants in place.

What is the Downside?

A turnkey property of this type relies on a lot of people. While Roofstock does try to vet and provide good recommendations for these, I have seen both good and bad reports with the  end vendors.

Here is a list of people important to your turnkey investment’s success: – Property Inspector – Title company – Insurance agent – Property Management – Maintainance – Roofstock advisor

SWIPE UP TO LEARN  MORE ABOUT ROOFSTOCK

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