5 min read
Are you a doctor, dentist, or medical professional looking to build long-term wealth through real estate? Owning rental properties can be very hands-on, but turnkey rentals alleviate many of the usual headaches. Through this new partnership with The White Coat Investor, Rent to Retirement is bringing exclusive semi-passive real estate investing opportunities to busy healthcare professionals.
Summary:
- Turnkey rentals give healthcare professionals the ability to earn semi-passive income with all the benefits of direct ownership.
- Rent to Retirement is currently offering White Coat Investors exclusive discounts and incentives on newly built turnkey properties.
- Rent to Retirement offers 5%-down financing on select new builds, allowing you to buy cash-flowing real estate with significantly less money down.
Real Estate Investing for Doctors, Physicians, Dentists, and More
The turnkey model was built for people who want to own stable, income-producing real estate investments without the headaches of daily management. Many physicians, dentists, and other high-income professionals in the healthcare industry don’t have time to screen tenants, coordinate repairs, or collect rent.
Rent to Retirement eliminates these pain points, so you can focus on your career while your rental properties quietly build wealth in the background. Plus, through this new partnership, Rent to Retirement is bringing The White Coat Investor community exclusive discounts and incentives on turnkey rental properties.
Rent to Retirement has sold over $500,000,000 in real estate and worked with over 5,000 investors!
For Healthcare Professionals, by Healthcare Professionals
Zach Lemaster, founder and CEO of Rent to Retirement, was an optometrist in the Air Force who retired early with rentals. He achieved financial freedom through real estate, even while building his rental portfolio from out of state. Zach founded Rent to Retirement to give busy professionals a more viable path to building long-term wealth through real estate and has also used his success to give back, funding cataract surgery clinics in underserved areas of the world.
Work with the trusted turnkey real estate investing experts!
The Ultimate Investment for White Coat Investors? Turnkey Rentals
Turnkey rentals are some of the best investments for busy professionals who want to build wealth through cash flow, appreciation, and tax benefits without committing many hours to their properties each week.
What Are Turnkey Rentals?
Turnkey rentals are newly built or renovated properties that often come with management (and sometimes tenants) already in place. These properties tend to require less maintenance than older homes, giving you the ability to invest remotely and get all the wealth-building potential of direct ownership.
Tax-Advantaged Cash Flow
Rent to Retirement has turnkey rental properties that can produce positive cash flow in year one. Plus, investing doctors and healthcare professionals can take advantage of depreciation and other rental property tax deductions to help reduce their taxable rental income.
Offset Your Active Income
If you’re a high-income earner, you’re likely paying a sizable amount in taxes each year. Real estate can help offset not just other passive income but even the active income from your job, if you meet the IRS’s requirements for real estate professional status (REPS) or—more likely—the short-term rental loophole. The latter allows you to buy a short-term rental, operate it yourself, and potentially use the losses against your active income.
The Short-Term Rental Loophole
The STR (short-term rental) loophole lets investors who materially participate in a short-term rental with an average stay of seven days or less treat its losses as non-passive. That means depreciation, often accelerated with a cost segregation study, can offset W-2 or business income without real estate professional status!
No Tenant Calls or Toilets to Fix
Most doctors and dentists can’t respond to tenants or coordinate maintenance requests while caring for patients. Thankfully, turnkey rentals have local property management handling the day-to-day, so you don’t have to!
Exclusive Discounts and Incentives
Rent to Retirement’s select new builds often come with discounts and builder incentives, such as interest rate buydowns, reduced closing costs, or cash back at closing—up to $60,000 on some properties. Because Rent to Retirement buys in bulk from some of the nation’s largest builders, we get the kind of wholesale pricing usually reserved for institutional buyers, and we pass those savings on to you. On your own, you’d likely pay full retail.
Browse turnkey rentals with projected cash flow, ROI, and more!
Build Your (Early) Retirement Sooner
Don’t want to work until you’re 65, 70, or even later? Turnkey rentals give busy professionals a clear path to early retirement through the following:
More Hands-Off Cash Flow
Rent to Retirement focuses on cash-flowing markets and properties so investors can earn semi-passive income now and down the road. Whether you could use extra income today or in retirement, the cash flow is there!
Appreciation for Long-Term Wealth
Real estate tends to appreciate over time. This not only gives you a hedge against inflation but also allows you to build generational wealth that can be passed down.
New Build Rentals for Less Stress
Rent to Retirement’s new construction homes come with one-year builder and 10-year structural warranties, giving you peace of mind as you begin or continue your real estate investing journey. We target markets with stronger tenant pools and longer leases, and these neighborhoods are mainly owner-occupied—not build-to-rent communities!
Make Your Investment Go 5X Further
One of the drawbacks of investing in stocks, bonds, private equity funds, and other investments is that you only get a return on the amount you invest. Real estate allows you to use leverage (debt) to gain full control of an income-producing asset by putting down a fraction of the total purchase price—potentially helping you earn a much higher cash-on-cash return. You could put 100% of your money in the stock market, or you could put 20% down on five rental properties!
Did you know Rent to Retirement offers 5%-down financing options on select new builds?
Exclusives for White Coat Investors
Through this new partnership, Rent to Retirement is offering additional benefits to the White Coat Investor community:
Free Property Management for a Year
Our turnkey rentals come with local management in place on day one, but for White Coat Investors, the services are completely free for the first 12 months.
Reduced Closing Costs
Depending on the property, White Coat Investors can save thousands on closing costs—potentially even the full amount. By bringing less money to closing, you can allocate more to reserves or other investments!
Rate Buydowns and Lower Interest Rates
Rent to Retirement works closely with builders and financing partners to bring White Coat Investors lower mortgage rates than those on typical investor loans. This can significantly reduce your monthly payment and increase your cash flow!
New Build Benefits Are BIG!
If you’re buying a $300,000 home with a 10% incentive, you’re effectively saving $30,000 right from the jump. You can use this to buy down your interest rate, lower your closing costs to near zero, take a discount on the price, or even get cash back at closing. Imagine leaving the closing table with $30,000 in your pocket!
Your Area May Be Expensive, but Your Turnkey Rental Isn’t!
If you live in an expensive market, it may be difficult to find properties that fit your budget and/or produce positive cash flow. Rent to Retirement operates in some of the best places to buy rental property, including Tampa-Orlando, Huntsville, San Antonio, Dallas-Fort Worth, Tennessee, Georgia, the Carolinas, and the Midwest. With properties from near $150,000 to over $500,000, we have options for all budgets!
Run Your Practice While Building Wealth in the Background
Rental property investing doesn’t have to dominate your time or take away from running your practice. Turnkey rentals simplify the entire process without sacrificing any of the benefits of direct ownership.
Here’s how it works: First, schedule your free strategy call consultation with Rent to Retirement to discuss your goals and options. Get preapproved for your loan (put as little as 5% down on a select new build!) and choose your market and property. From there, get the property under contract, do your due diligence, and close—just like you would with any other property. The difference is, once you close, you already have property management in place to oversee your property so you can build wealth more passively!
White Coat Investor + Rent to Retirement FAQs
Why Doesn’t Rent to Retirement Just Keep the Houses?
It’s not our business model! While many of our team members personally own turnkey rentals, Rent to Retirement makes money by building, renovating, and selling properties. Zach Lemaster, CEO of Rent to Retirement, continues to buy out-of-state investment properties when they fit his buy box!
Am I Locked Into Property Management?
No, property management is optional. Agreements are typically 12 months and easy to exit, allowing you to pivot to self-management (if you have the time and expertise) or explore other property management options.
Do I Have to Wait for My Turnkey Rental to Be Built?
No, Rent to Retirement has properties that have already been built or renovated. While we are constantly adding new inventory, keep in mind that properties sell quickly. When you see a turnkey property you want to buy, act fast!
Can I Buy Turnkey Rentals Sight Unseen?
Yes! Many of our investors purchase their turnkey rentals sight unseen, relying on third-party inspections and appraisals during due diligence. We only offer properties at a quality level we would personally be comfortable with buying!