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Updated almost 6 years ago on . Most recent reply

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16
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Spencer Wardwell
  • Los Angeles, CA
5
Votes |
16
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$50K to invest, looking for Turn-Key recommendations.

Spencer Wardwell
  • Los Angeles, CA
Posted

Hi BP!

When it comes to turn-key investing, I'm aware it's generally frowned upon, because it eats up so much of ones potential income.

That being said, I'm currently in a position where I have very little free-time, unfortunately, to put into real estate investing.

However, I don't want my lack of time to force me to sit on the side lines until more of my schedule is freed up.

I'm willing to have lower returns if it means lower risk, lower time-commitment, and less headache — so, it seems turn-key is the way to go.

I have about $50K cash to invest, and am wondering if anybody has turn-key investing experience, and if there are any companies they could recommend?

Thank you!

Best,

Spencer

Most Popular Reply

User Stats

208
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271
Votes
Holly Williams
  • Rental Property Investor
  • New York City
271
Votes |
208
Posts
Holly Williams
  • Rental Property Investor
  • New York City
Replied

I second the research syndication route, especially if you are an accredited investor.  You do indeed have to vet the syndicator, and ask the right questions, but it's a very good way for truly passive income and tax benefits.

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