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Brian Christensen's profile image
Brian Christensen's profile image
Brian Christensen
  • from Springville, UT
  • Member since Nov 23, 2014
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Brian Christensen's profile image
Brian Christensen's profile image
Brian Christensen
  • from Springville, UT
  • Member since Nov 23, 2014
Connect
Brian Christensen
  • Springville, UT
16
Votes |
95
Posts
Buying & Selling Real Estate

Turnkey

Brian Christensen
  • Springville, UT
Posted Apr 24 2015, 17:10

Looking to buy turnkey in Memphis. I also am buying one local in Utah (probably a duplex). 

My question: I am very busy with 4 kids and a profession and am thinking Turnkey would be my best option. I would like to hear the arguments against turnkey. My concern is I am paying too much to get little equity. Cash flow (after PIMI, capEx/repairs, vacancies, etc.) is near $300-400. Thoughts? Thanks

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