Investor · Indianapolis, IN · Member since 2015 · 143 posts · 82 votes
For all of you interested in purchasing turnkey properties. Please do your due diligence on the turnkey providers. There are some bad ones out there. You can start by asking them these questions when speaking to them. It has been very helpful for me.
The very first turnkey rental I ever tried to buy in 2013 was from a marketer before I knew there were marketers out there and I was inexperienced at turnkey purchasing. Anyhow I was able to find the same house listed on the real turnkey providers website listed 4k cheaper then what the marketer had it listed for.
Nice post and useful. One of your questions on appliances can vary in different markets. For example it may be the norm in a particular area for the tenant to provide their own refrigerator and/or stove. Although less likely on the latter. If this is the case then it would be fine for the TK company not to provide those appliances.