6 Ways to Get Creative With Financing Turnkey Rental Properties (From an Actual Turnkey Investor!)

Drew Pitchford, from our Turnkey Rental Properties Facebook group, recently shared about the massive success he’s found in creatively financing his turnkey rental property purchases. It was so inspiring, we asked him if he would let us share his wisdom with the Hipsters! Straight from Drew’s mouth, some creative financing tips for funding turnkey rental property purchases: Many people never get started in real estate investing due to 1 ...

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3 Types of Investors Who Might Benefit From Owning Turnkey Rentals

Guess what? Turnkeys aren’t for everyone. But guess what else? They are perfect for some people. There is much debate about whether or not buying a turnkey rental property is a smart investment. The primary argument that comes up against turnkeys is that they are sold more or less at market value, so you can’t force appreciation on them, and being able to do that is the crux ...

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Common Turnkey Rental Misconceptions & Solutions

I’ve been in and around turnkey rental properties for seven years now. It’s actually unbelievable when I think about it, because it seems like just yesterday I was sitting at my corporate engineering job secretly reading Rich Dad Poor Dad under my desk. I was just like everyone else who started with that book—I had no idea what I was going to get into with real estate ...

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How to Choose an Out-of-State Market for Investment (in 3 Easy Steps!)

You’ve decided, for whatever reason, that you want to invest outside of your local area or state. Your next question is—where should I invest? I’m going to offer you a list of things that you can consider when trying to figure out what market to invest in. These things are in no particular order, and some of them may not apply to you or your particular situation. ...

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Are Turnkeys as Simple and Profitable as Everyone Claims?

I recently got a really smart question over on BiggerPockets from Matt Van Parys about buying and owning a turnkey rental property. I was really impressed with it and thought it might help some of you out there who want to build passive income through real estate investing. Here is the question: I was just curious about what to expect from a turnkey company. Is it going to be as "...

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Are Turnkeys Too Good To Be True? And 4 More Popular Turnkey Questions Answered

Get Access To Our Latest Turnkey Investment Property Deals Right Here Turnkey properties are popping up everywhere lately - and no wonder, since they make it easy for ordinary people to get involved in real estate investing. Even if you don’t have the skill, knowledge, or time to start the sometimes laborious process of acquiring a rental property, you can still enjoy the benefits of a passive income property. ...

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Why Turnkey Rentals Might Just Be an Ideal Investment for Real Estate Newbies

There are a lot of you new investors out there, and there is a lot of talk and hype about turnkey rental properties. But should you be considering turnkey rental properties if you are an REI newbie? I think so. It’s no secret that I am a fan of turnkey rental properties myself, as the large majority of my properties were bought turnkey, but I do still strongly believe ...

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The True Importance of a Security Deposit

Yes, you are welcome to call me Captain Obvious on this one. While I feel like this notion is extremely apparent, it actually wasn’t to me until recently. Therefore, I think it is worth addressing. In my case over the years, I have moved in numerous places where I pay “x” amount of a security deposit and when I move out however many years later, I get the same “...

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The Top 3 Mistakes New Turnkey Owners Make Once They Buy

Turnkey rental properties definitely offer an opportunity to own rental properties in a much more hands-off way than most are used to when it comes to real estate investing. With everything done for you — finding the right property, negotiating the property, rehabbing the property, and tenanting and managing the property — turnkeys have opened up the door for a huge number of people who wouldn’t have previously been equipped to ...

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