It seems that turnkey rental properties have gotten more and more popular over the last few years. It makes sense — they open up the door (great pun!) for people who wouldn’t have gotten involved in real estate investing otherwise. Turnkeys allow people who don’t necessarily have skill or interest in finding motivated sellers, rehabbing, and managing tenants to still own a profitable rental property. How? Someone else does ...
You’re pondering buying a turnkey rental property. You’ve even checked out some inventory from different sellers in different markets. You’re pretty much onboard with the idea, but for some reason you are at a standstill. Why? I have a guess. You have plateaued with your knowledge about them and are hesitant to move forward with buying one because you don’t know if you know enough. Have ...
Turnkey rental properties seem to be talked about more and more these days, and I hear the question all the time: “Turnkeys seem too good to be true. What’s the catch?” The answer is — no, they aren’t too good to be true. So then, what is the catch? Why isn’t everyone buying these things? I wouldn’t say necessarily that there is a catch, but there are ...
How many of us, especially as we first start getting into real estate investing, are concerned we are getting duped? I’d venture to say quite a few! I know I did when I started out. I was certain every dude in a suit was out to take me for everything I was worth. Luckily, I happened to meet people I really valued and ended up being able to trust, ...
