​Turn BNB - How to Maximize Turn Key Investing

For a Turnbnb you are looking to wrap the cost of what you will need to get your Airbnb rolling into rehab and seller concessions. The Turnbnb is very similar to the AirBRRRR in application and you just need the purchase price to be low enough to use the split between that and the appraisal to fund your Turnbnb.

• Plan your entire rehab into the seller concessions
• Order most of your bigger items early to get your Airbnb cash flowing even sooner.
• Turn Key properties are likely not all Airbnb ready, they need to look fresh like a hotel room
• Do not delay ordering what you will need and setting up any needed repairs. One advantage to Turn Key is how quickly it can cash flow.
• Ex.
• Appraised Value – 100K
• Purchase Price – 90K
• Increase PP amount to 100K and ask for 4K in Closing costs and 6K in seller concessions for repairs
• Use the repair concessions to fund any rehab and other needed AirBnB items and if you come up short you can always get appliances and furniture for 0% interest credit cards on location.