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Updated over 9 years ago on . Most recent reply

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Tony Velez
  • Hvac
  • North Haven, CT
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Turnkey. Am I a wussy?

Tony Velez
  • Hvac
  • North Haven, CT
Posted

Am I a wussy for thinking turnkey for my first real estate investor?  Be honest I can take it. 😊

Thanks

Tony V

Most Popular Reply

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James Wise#4 All Forums Contributor
  • Real Estate Broker
  • Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
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James Wise#4 All Forums Contributor
  • Real Estate Broker
  • Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
Replied

Turnkey is a service just like any other service. Will you pay more for everything to be done on your behalf instead of doing it yourself? Yes, of course. Just like it will cost more money to have your car fixed by a mechanic as opposed to doing it in your garage.

It is a trade off. Do you want others to do work for you or do you want to save a few bucks and do it yourself? 

One important thing to think about: When you are doing it yourself to save a few bucks are you taking time away from your other earning potential?

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