quick question what is a turn key home? Thanks i appreciate all answers.

A home that is move-in ready, with little to no repair work required. All you have to do is turn the key, open the door, and move right in.

Kyle Holsey Hey Kyle, sometimes the term "turn-key" is used to describe a rental property being sold with a tenant already in place. In other words, you're buying a fully rehabbed asset with the passive income stream already in place. The only issue with purchasing this type of investment is that you typically will not capture the same equity that you would buying a distressed property and rehabbing it yourself. Feel free to give me a shout if you'd like more details regarding either type of investment.

Condo hotels are like that. Even small problems may always exist, the management rental companies take care of them probably without charging you. Of course, less all the costs, your rental income is small, only good for a passive investor like me.

Probably the best kind of property to buy/invest in. Less headaches and no surprises after inspection.

Also to add on to Kyle's response, it is a home that you can buy and rent out asap. There are no repairs to be made.

Turn Key what is it?Turn Key what is it?

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