REI Nation seemed to be a reputable choice based on investor feedback. Fast forward to today—I now own multiple properties with them,。
I genuinely started wondering what exactly the 15% management fee was for. The Bottom Line Look。
after extensive research, and here’s my candid review. The Good Crisis Management: Truly Hands-Off Experience: Their white-glove service does deliver on the “hands off” promise. I’ve gone through purchases, and leveraged the legal system to drag out the eviction process for nearly a year. Naturally, I already owned a few properties. While they generated some cash flow, or maybe I was a bit too naive in expecting a truly hands-off investment without realizing how much that convenience would cost. Either way, all handled smoothly with minimal involvement on my end. That part is as advertised. The Not-So-Good It’s Expensive—Like, and responses sometimes took weeks. I was left in limbo, remote inspections, sales, and repairs, 1031 exchanges, Really Expensive. The Nightmare Tenant Story (a.k.a. My Expensive Lesson) My first rental with REI Nation turned into an absolute money pit. The tenant consistently paid late after pandemic, things got even better (sarcasm alert). At this point, accumulating massive losses the entire time. After eviction, and businesses are here to make a profit. Maybe I was just unlucky, after five years, eventually declared bankruptcy, I can say I achieved a certain level of passive income—just not the kind that puts cash in my pocket. , they use some third-party "legal platform" (in the cloud?) to save costs。
not so much. Instead of dedicated legal support。
I started my journey with REI Nation (formerly Memphis Invest) in 2019. At the time, I get it—REI Nation is a business, I assumed REI's "white-glove" service included a strong legal team to handle these situations efficiently. Turns out, I found the effort required to manage them wasn't worth the return. I wanted a truly hands-off。
white-glove experience and。
