turnkey

[Kevin Marques]

Hello everyone,

I am new to the site was well as rental investing. I am looking to purchase rental properties out of the state. I have done some searches through the forums and have found a lot of helpful information. I am currently using Brie Schmidt site to find some tunrkeys. Although not on her site i am currently working with Roofstock.com as well as Epic real estate. I am currently looking at a home in lithonia, GA. 

Any advice? guidance? 

I am looking for cash flow mainly. I have about 60k in cash to go with. 

Thanks,

Kevin

[Anton Ivanov]

@Kevin Marques

This is probably not what you want to hear, but I would first make sure you have a solid foundation of knowledge about how to analyze real estate markets on a more macro level, how financing works and how to run cash flow projections on each house. The beginner's guides here on BP are very good for this, so if you haven't already went through them, it's probably a very good idea.

I just see to many people jump right into looking at properties and buy carelessly. The city and neighborhood where your home is located will have more impact on your long-term success as a buy & hold investor than anything else. Plus most of the numbers you see advertised for turnkey properties are inflated and you NEED to do your own analysis.