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.

Gray Frame Corner
Gray Frame Corner
Gray Frame Corner
Gray Frame Corner

With a turnkey property, you get all the benefits of owning a rental property without hassle.

A turnkey property is a structure like a home, duplex, or apartment that an investor can purchase and is ready to rent immediately.

What Is a Turnkey Property?

Immediate Income The time between purchasing the home and receiving the first income checks is short.

Advantages of Turnkey Properties

Property Management

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 Overpayment Ensure that the unit is sold at the right price, rented at the projected market value, and not overcharged for repairs and maintenance.

Gray Frame Corner
Gray Frame Corner
Gray Frame Corner
Gray Frame Corner

Expensive Repairs You would make more money with independent properties rehabbed on the investor’s own terms.

Swipe Up to Read More

Swipe Up to Read More