What are Turnkey Rental Properties and Should You Be Buying Them?

What is this magic phrase we keep using—turnkey rental properties? Turnkey (also spelled “turn key” and “turn-key”) technically refers to the condition of a property. The idea behind the phrase is that all you need to do is turn the key in the door and you’re making money on day one. This means that the property is already rehabbed, has tenants in and paying rent, and therefore you ...

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Turnkey Rental Properties Facebook Group!

Do you want to join the ONLY group for turnkey rental property investors, and anyone curious about turnkey rental properties? We’ve started the Turnkey Rental Properties Facebook group! This group is for anyone who wants to invest in turnkey rental properties, who has questions about turnkey rental properties, who is curious about turnkey rental properties, or those who have never heard of turnkey rental properties but wants a cool ...

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[Guest Post] 2019 Real Estate Market Trends Investors Need to be Aware of

The real estate market can be really unpredictable as it constantly shifts and trends come and go. This is the very reason why it’s important to always keep an eye out for upcoming and even reemerging trends that can make an impact. When you know what to expect, you can make well-informed decisions you won’t later regret. Besides, on Hipster Investment we've noted how investing in real estate ...

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The 5 Most Frustrating Turnkey Rental Issues Investors Face

In reflecting back over the last seven years since I bought my first turnkey rental property, I’ve had a lot of time to see where the challenges with turnkeys have typically resided. I’ve learned from looking at both my own turnkey properties as well as hundreds of other investors who have bought them as well. I want to share the challenges I have seen with turnkeys, so if ...

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Is Buying a Rental Property with Negative Cash Flow Ever OK?

Cash flow—it’s a term real estate investors eat, sleep, and live for. Maybe it’s used in reference to bigger sums of cash flow, as in flipping, or more often it’s used in terms of the monthly cash flow that a rental property does (or doesn’t) bring in. Either way, cash needs to be flowing in for a real estate investment to be a win. The ...

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6 Ways to Keep Your Head Straight During Investment Challenges

Guess what? Real estate investing is not always going to be perfect. Not to be all cliché about it, but if it were that easy and perfect, everyone would do it. Here’s the thing though. Or, here’s some good news at least. Quite often, what investors perceive to be a crucial deal-breaking problem isn’t always that bad. Now, that’s not to say that legitimately bad disasters ...

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Should You Buy Cheap Properties with High Returns or Nice Properties with Low Returns?

Numbers are really pretty, aren’t they? I mean, we are all in real estate investing, and it’s likely that everyone here is out for the numbers. So shouldn’t we always go for the highest ones available? Well… Not always. Maybe. But not always. I recently saw a forum post where someone asked if she should buy in a C-class neighborhood that offered a 20 percent return on investment (...

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4 Buying Criteria for Rental Property (& How I Determine a Good Deal)

I most often get asked about my buying criteria as it relates to turnkey rental properties because that is what I have mostly bought over the years. However, the answers I give regarding turnkeys are really the same answers I would give for any rental property investment. What should you look for in a rental property? Are there guidelines? What factors should you consider? What about those pesky “rules of ...

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