Turnkey Locations Offering Good Appreciation
Hey everyone! I’ll cut right to the chase - I’m an engineer working at Tesla, 24 years old, and super interested in real estate investing (for a couple years now).
I want to buy my first rental property, however, my hours are super long and my day job is demanding. I don’t have time to find and buy a property under market value, fix it up, find a tenant, etc., so I’m interested in turnkey for my first few investments. Once I get the cash flow going, I plan to work my day job less and make larger, more time-consuming real estate investments.
All of that said, I hear Turnkeys are good at providing cash flow but not so great at immediate equity gain / appreciation of the property itself - for obvious reasons. Therefor, I am wondering if anybody knows of a good turnkey LOCATION to invest in, that generally offers good cash flow as well as good potential for growth and appreciation over the next 5 years.
Thank you!!