Selling a Turnkey Property

[Adam Widdicombe]

Just out of curiosity has anyone bought a TK and in the months afterward needed to sell for financial or other reason? 

If so, what way did you go about it and where did you market?

Thanks!

[Matt R.]

Originally posted by @Adam Widdicombe:

Just out of curiosity has anyone bought a TK and in the months afterward needed to sell for financial or other reason? 

If so, what way did you go about it and where did you market?

Thanks!

 Never have and generally paying retail for run of the mill sfr and selling same year limits exit to loss unless in a hot pocket or very strong sellers market turnkey or not.

Most turnkeys ( bp variety) have that part built in as they are typically not in hot pockets. Many I have checked were worth more or same inflation adjusted 15 years ago. When you add sellers cost and get sell ready condition cost, forget about it. 

And also since we are now in fully recovered market (top?)buying TK today, and selling shortly after is almost always going to be no bueno, hot pockets excluded.  

Location still matters. Good luck!