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Raushanah Glinton
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Rehab vs turn-key rental property

Posted

I am looking to purchase my first long-term rental property. There is so much content about BRRRR, rehabbing and flipping but not to much on the pros and cons of turn-key properties especially for rental properties. Does anyone have any input on what they experienced with turn-key properties?
Thanks for any information you provide. 

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John Underwood
#1 Short-Term & Vacation Rental Discussions Contributor
  • Investor
  • Greer, SC
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John Underwood
#1 Short-Term & Vacation Rental Discussions Contributor
  • Investor
  • Greer, SC
Replied

Turn key is going to cost much more. It is the easy button and that is what most people want.

You make your money when you buy, so buy a bargain that needs some TLC.

I like buying cheap condemned properties and making them like new.

  • John Underwood
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