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Updated over 7 years ago on . Most recent reply

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Jairo Rincon
  • El Paso, TX
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Investing in turn key properties

Jairo Rincon
  • El Paso, TX
Posted

Hi Bigger Pockets family,

I wanted to get feedback from anyone who as has any experience with turn key properties. Please tell the pros and cons to help me make a more informed decision. Thank you!

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Tom Ott
  • Equity Raiser and Turnkey Provider
  • Cleveland, OH
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Tom Ott
  • Equity Raiser and Turnkey Provider
  • Cleveland, OH
Replied
Originally posted by @Jairo Rincon:

Hi Bigger Pockets family,

I wanted to get feedback from anyone who as has any experience with turn key properties. Please tell the pros and cons to help me make a more informed decision. Thank you!

Investing in Turnkeys can be great when you live in a market that is TOO hot. You want to look into the Midwest where prices are low but the rent is good. It is a place you can get a decent ROI.

I would suggest looking at

The Best Types of Markets for Profitable Turnkey Properties

and

What to Ask When Working With a Turnkey Provider

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