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Updated about 5 years ago on . Most recent reply

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62
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8
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Anthony Hom
  • New York, NY
8
Votes |
62
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Buying a turnkey investment

Anthony Hom
  • New York, NY
Posted

Hello All

I am searching on Zillow on real estate homes that are selling with tenant occupied. My question is why do investors sell the cash flow assets? Is there a way to ask why they are selling it. I have searched homes that are 50-70k and stated in their description that are tenant occupied with cash flow monthly. Are landlords profits getting eating up from wear and tear cost ?

It really hard buy a 50-70k house with a good cash flow knowing that you might run into problems. What do you guys thinks ?

Most Popular Reply

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324
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781
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Joseph Crunkilton
  • Rental Property Investor
  • Oregon City, OR
781
Votes |
324
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Joseph Crunkilton
  • Rental Property Investor
  • Oregon City, OR
Replied

@Anthony Hom

If you're looking for affordable turnkeys, I recommend @Zach Lemaster over at Rent to Retirement. They specialize in renovated properties with good returns. Their houses are fully renovated, have a tenant in place and hook you up with a PM once you close. 

I recently just closed on a property with them in the 70k range like you're shooting for. I'm getting good cash flow with no headache of active investing. If you want a good investment for your money, reach out to them. 

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