Help on How to Find Buyers for Turnkey Properties

[Stephen Fisher]

Hi all,

Looking for some help or direction on how to find buyers for fully renovated and rented properties. 

I have been buying rentals in Kansas City, MO since April and have really enjoyed it. 9 SFR since April. The projects are either buy and hold or flips with a local contractor. The contractor has several crews and flies through the rehabs. It's impressive! Everything is new: plumbing, electrical, roof, HVAC, water heater, etc.

We have become friends and even partnered on some of the deals.  He recently asked if I wanted to help move some of the turnkey homes to investors.  I've been researching and hitting the ground running trying to find the best source for finding other investors who will buy turnkey, not distressed projects.  I've reached out to local turnkey companies, agents who work with investors, wholesalers, REITS, and have even gone down the rabbit hole of pulling lists of out of state cash investors investing in the area.  Haven't been at it very long, just a week.   

I know how to run numbers and invest, but this is very new to me.  Any advise or recommendations on how to find buyers, a target group to reach out to or lists for turnkey buyers would be greatly appreciated.

[Moe Sidd]

@Stephen Fisher, I think this is a very important topic that is not talked about enough. I'd be interested to know the answer myself! Theres so much information out there on how to buy right, but in this market we need to know how to sell right even more! 

I do like the idea of reaching out to agents and PMs, especially ones that you know are doing well in the market. Even if they ask for a cut, it's still worth it if they have a mailing list, for example, or even if they run ads on listings. 

Facebook Real Estate groups specific to your city might be helpful as many agents and end buyer are on there.