What do you look for in a turnkey company?
I've seen posts about whether people should use a turnkey company or not, but for those of you who have used a turnkey company for out-of-state investing, what KPIs do you pay the most attention to? Do you focus more on the front-end stuff like how many properties they look at vs. acquire, how often major items like roofs/HVAC etc. are replaced? Or is the back-end performance more important in your analysis—days on market, occupancy, eviction rate, maintenance costs, etc.?
Curious what experienced investors look at when evaluating a turnkey company.
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- Property Manager
- Royal Oak, MI
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A bit confused about your question, in the context of your profile here on BP:
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Real Estate Consultant
Birmingham, ALMember since 2023
followers connections following
About myself
I’m Natalie Nixon, Investment Wealth Counselor here at Spartan Invest. I bring nearly 30 years of sales and leadership experience, along with a background in residential real estate and business development. Throughout my career, I’ve focused on understanding what people are trying to accomplish and helping them make confident, informed decisions.
At Spartan, my goal is to help investors simplify the process of building wealth through long-term, single-family rentals. I enjoy educating investors about our markets, our turnkey model, and the opportunities available while helping them determine what makes sense for their individual goals.
I’m passionate about building relationships, providing honest guidance, and helping investors take the next step toward their financial goals.
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If you truly need feedback:
https://www.biggerpockets.com/forums/963/topics/1271829-out-of-state-turnkey-rentals
https://www.biggerpockets.com/forums/963/topics/1268245-fully-turn-key-house
https://www.biggerpockets.com/forums/963/topics/1296706-turn-key-investing
https://www.biggerpockets.com/forums/311/topics/565385-columbus-turnkey-houses-problems
https://www.biggerpockets.com/forums/311/topics/784439-turnkey-properties-is-the-roi-worth-it
https://www.biggerpockets.com/forums/311/topics/193041-out-of-state-turnkey-disaster-home-inspection
- Drew Sygit
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