Updated over 10 years ago on . Most recent reply
Turnkey Questions
I came across a local company that has a listing as follows. It is a new listing and hasn't been on the market long.
3 BR / 2 BA
Purchase Price: $75,500
Estimated Repairs: $12,000
ARV $125,000
Local Rents in area: $1,400
This listing is in a nicer area and looks like a deal. Obviously I would have to do my due diligence with these numbers to verify.
Do these companies do the repairs themselves? Is there anything that I should look out for with companies like this?