WHAT IS A TURNKEY PROPERTY AND SHOULD YOU BUY ONE TO INVEST IN REAL ESTATE
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A turnkey property could be the solution to your woes.
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Lined Circle
With a turnkey property, you get all the benefits of owning a rental property without hassle.
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What Is a Turnkey Property?
A turnkey property is a structure like a home, duplex, or apartment that an investor can purchase and is ready to rent immediately.
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Advantages of Turnkey Properties
Immediate Income
The time between purchasing the home and receiving the first income checks is short.
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A good property manager will find tenants, take care of the property, utilize local contractors, and help establish and maintain rapport with the tenants.
Property Management
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Disadvantages of Turnkey Properties
Overpayment
Ensure that the unit is sold at the right price, rented at the projected market value, and not overcharged for repairs and maintenance.
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