How's Your TK Experience Going?

[Account Closed]

I made a post about this but I'm not getting any traffic. Thought I'd post it once more in a different sub forum and hopefully some people share some of their experiences. I'm not trying to debate that turn key is easy or any of that. And I know I need to find a good provider and management company. But I'm just wondering to any seasoned turn key investors, how's it looking? I want to invest in turn key because I live in Southern California. And I'm not looking to relocate. So how's it all going? Anyone out there who has 25 tk's? 50? 100? It really sucks paying retail price and the risk of being overcharged by turn key providers. But hopefully some of you have found a good trustworthy provider. And if so, is the cash flow still positive? I'm starting to become very iffy on investing out of state with turn keys. I really want to start investing already. I'm hearing such mixed opinions and I'm beginning to get very very unsettled. So anyone out there with a lot of properties who's still looking good investing In turn keys? - side note, I don't plan on investing in tk's forever. Just until I've saved enough to put a down payment on an apartment complex. I'd love any input as I am stressing out haha. Thanks for any help!

[Curt Davis]

If you get into the right market you will certainly find positive cash flow.  I own 19 rental homes in my market and I have them all managed as I choose not to self manage.  For the most part things go well.  I usually have 1 home vacant at all times, most homes I dont hear about and some I have some issues with.  Currently I have 3 homes vacant of the 19 but bc of the amount I have I doesnt hurt as bad.  

At some point your going to have to get off the fence and do something.  Do your market research as well as research on TK providers.  My advice to you would be to stick to homes with a purchase price above $70k with minimum rent of $775-$800.  

Good luck