WHAT IS A TURNKEY PROPERTY AND SHOULD YOU BUY ONE TO INVEST IN REAL ESTATE
A turnkey property could be the solution to your woes.
With a turnkey property, you get all the benefits of owning a rental property without hassle.
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.
Advantages of Turnkey Properties
The time between purchasing the home and receiving the first income checks is short.
A good property manager will find tenants, take care of the property, utilize local contractors, and help establish and maintain rapport with the tenants.
Disadvantages of Turnkey Properties
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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