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Ask James Wise #9 - How much money can you make with turnkey
#5 All Forums Contributor
- Real Estate Broker
- Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
You have questions & professional #RealEstateBroker, #Landlord & #Investor#JamesWise from #HoltonWise has the answers.
In this episode of #AskJamesWise James Wise answers the following question.
"Nice video James! Thanks for providing your input in my question In biggerpockets.com. My question is about Indy Turnkey properties, is it feasible to make $500 a month on a turn key rental and still have some appreciation. The property should be in an A or B area, given this factors how much are the property that are we looking at here ie $90-100K? Also do you have any referral turnkey providers? I hold a full time gig so I can’t make this my full time job but I am doing my homework due diligence as I don’t want to get screwed by malicious folks. Your input is much appreciated"
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Post your questions in the comments section of this video 👉 https://youtu.be/WiFxO0mfDFA using the hashtag #AskJamesWise & James Wise will make a video answering them.
Topics of interest are as follows
1. Real Estate Sales
2. Real Estate Investing
3. Rental Properties
4. Online Marketing
5. Insurance
6. Personal Finance
7. Social Media
8. Commercial Real Estate Investing
9. Commercial Real Estate Sales
10. Vertical Integration
11. Investing using Other People's Money (OPM)
12. Building a Business from Scratch
13. Politics
14. Interest
15. Debt Management
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Mentioned in the video;
How to Calculate the Income & Expenses on A REAL INVESTMENT PROPERTY <---Over 30,000 views!
The Ultimate Guide to Grading Cleveland Neighborhoods
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2017 A YEAR IN REVIEW:
Holton-Wise has had another strong year of growth in 2017. We saw strong gains in all 3 of our major business functions (Sales, Property Management & General Contracting). Below is a breakdown of our growth since we began assisting Homeowners, Tenants, Sellers & Anyone else interested in Real Estate in the Cleveland market 5 years ago.
SALES:
- 2017 Closed Sales $48,717,029 (438 Closed Transactions)
- 2016 Closed Sales $33,046,506 (343 Closed Transactions)
- 2015 Closed Sales $7,500,539 (119 Closed Transactions)
- 2014 Closed Sales $2,261,161 (47 Closed Transactions)
- 2013 Closed Sales $241,700 (6 Closed Transactions)
- 2017 Collected Rent $3,459,624.90
- 2016 Collected Rent $2,291,445.84
- 2015 Collected Rent $946,324.01
- 2014 Collected Rent $163,491.53
- 2013 Collected Rent $17,910.00
- 2017 Construction Sales $1,925,765
- 2016 Construction Sales $1,403,949.66
- 2015 Construction Sales $531,175
- 2014 Construction Sales $150,969.06
- 2013 Construction Sales $23,933.20
- 2017 Total Business $54,102,418.90
- 2016 Total Business $36,741,901.50
- 2015 Total Business $8,978,038
- 2014 Total Business $2,859,164.70
- 2013 Total Business $283,543.20
- FARMERS HOAG INSURANCE AGENCY
- 2017 Gross Commission $50,160.20 (814 Active Polices)
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Have questions about Property Management? Check out our FAQ
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