Distinguish good/bad turn key solutions
Hello BP,
I plan to invest in a few buy and hold properties in Cleveland and/or Springfield, Ohio. And having a full time job, going for a turn-key solution doesn't seen like a bad idea to me.
- Economy of scale when fixing up property
- Developed networks of wholesalers, PMs, and contractors etc.
- Knowledge of the market and different neighborhoods
My question is how do you distinguish the high quality turnkey providers from the ones that will give low returns, or worse low-ball you? Everybody claims big numbers...
And any recommendations for some good people in these areas that one can develop a real relationship/partnership with?
Thanks in advance for your advice.