Turnkey Buyers - Need feedback
@Jay Hinrichs and I have been working on a website that reviews turnkey providers. It is not totally ready yet but we wanted some feedback from out of state buyers who look for turn key properties.
1 - There is a review section where you can search reviews or write reviews. Currently the reviewer is asked to rate the turnkey provider based off of:
- Communication
- Rehab Quality
- Property Management
- Accuracy of Numbers
- Overall Experience
Then there is a free form text area to write a description. Is this sufficient? Anything else to add?
2 - They can search a database of TK providers based on location and read / write reviews there. Currently we have Chicago, Atlanta, Austin, Birmingham, Cleveland, Dallas, Houston, Indianapolis, Jacksonville, Kansas City, Knoxville, Memphis, Milwaukee, Minneapolis, Nashville, Pittsburgh, Philadelphia, San Antonio, St Louis, Detroit, and Phoenix. Am I missing any others?
3 - TK providers will eventually be able to post properties for sale, but in a totally separate section from the reviews. As the TK buyer would you look at current properties for sale? We will have a set template to input numbers (price, rent, tax, insurance, management, capex, repair, utilities, ect) any thoughts or ideas of what else you would need to know when buying a TK property?
Your insight and feedback is helpful! Hopefully the site will be ready soon
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Real Estate Agent Illinois (#471.018287) and Wisconsin (#57846-90)
- http://www.MidwestRESummit.com
- Podcast Guest on Show #132