Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
First-Time Home Buyer
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 4 years ago on . Most recent reply

User Stats

23
Posts
21
Votes
Nicholas Di Giugno
  • Buffalo NY (buffalo, ny)
21
Votes |
23
Posts

Turnkey Locations Offering Good Appreciation

Nicholas Di Giugno
  • Buffalo NY (buffalo, ny)
Posted

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!!

Most Popular Reply

User Stats

4,249
Posts
2,630
Votes
Lane Kawaoka
  • Rental Property Investor
  • Honolulu, HAWAII (HI)
2,630
Votes |
4,249
Posts
Lane Kawaoka
  • Rental Property Investor
  • Honolulu, HAWAII (HI)
Replied

@Nicholas Di Giugno

I started with remote turnkey rentals in 2009-2015 which I was working my engineering gig. Then went into syndications once my net worth went over 500k.

You should look into Birmingham, Atlanta, Indianapolis, St Louis, Kansas City, Memphis, Little Rock, Indianapolis, Greenville, Jacksonville, Tampa, Houston, San Antonio, Little Rock, Milwaukee, Cincinnati, Dayton, Cleveland, Ohio, or other secondary or tertiary markets.

  • Lane Kawaoka
  • Loading replies...

    1 2