Rehab vs turn-key rental property
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.
Most Popular Reply
John Underwood
#1 Short-Term & Vacation Rental Discussions Contributor
Pro Member
- Investor
- Greer, SC
- 17,025
- Votes |
- 13,633
- Posts
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.