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All Forum Posts by: David Esteban

David Esteban has started 2 posts and replied 27 times.

Post: Is turnkey investment good idea ?

David EstebanPosted
  • Rental Property Investor
  • Fort Lauderdale, Fl
  • Posts 27
  • Votes 14

@Jonathan Oh

Hello Jonathan, great feedback

Thanks a lot

By now after all the advice I’m getting here, I won’t be taking this deal, as you say it has to many red flags.

I want to do my first deals using the turnkey option for now while I’m overseas, hopefully in a couple of years I will be back to the US and be able to be more hands on into my investments.

I will PM If you don’t mind to ask your recommendation of a good turnkey company.

Post: Is turnkey investment good idea ?

David EstebanPosted
  • Rental Property Investor
  • Fort Lauderdale, Fl
  • Posts 27
  • Votes 14

@David Abbate

Hi david,

Thanks for the advice,

From all the questions you made, unfortunately ( or fortunately) all the answers are negative, so for sure I will not take this deal.

Im following all the advice here in BP and doing more research before I jump into my first investment.

Post: Is turnkey investment good idea ?

David EstebanPosted
  • Rental Property Investor
  • Fort Lauderdale, Fl
  • Posts 27
  • Votes 14

@Joe Splitrock

Hi joe, thanks for the feedback, I really like the way you compare it to going out to a restaurant, it makes total sense.

I have been doing more research this past couple of days and you are right I’m finding more turnkey companies offering more realistic “benefits”

It will take me a bit more time for my first deal but I think it will be worth it when I find a better one than the one I presented here in BP

Post: Is turnkey investment good idea ?

David EstebanPosted
  • Rental Property Investor
  • Fort Lauderdale, Fl
  • Posts 27
  • Votes 14

@Edgar Rodriguez

Hi Edgar, thank you for your advice,

I agree with you, what I need to do is do more research to have a better idea of what is out there in this type of investment.

I will definitely PM you I you don’t mind to steal a few minutes from your time since you are an active agent and familiar with the Tampa area.

Thanks again

Post: Is turnkey investment good idea ?

David EstebanPosted
  • Rental Property Investor
  • Fort Lauderdale, Fl
  • Posts 27
  • Votes 14

@Bob Prisco

Hi, Bob

Thank you so much for the offer, that will be great !!

If you don’t mind I can PM you to talk more, they have another option in that area that makes a bit more sense with the numbers.

Thanks again !!

Post: Is turnkey investment good idea ?

David EstebanPosted
  • Rental Property Investor
  • Fort Lauderdale, Fl
  • Posts 27
  • Votes 14

@Hai Loc

I like that, plain and simple

Thank you !

I agree with you

Post: Is turnkey investment good idea ?

David EstebanPosted
  • Rental Property Investor
  • Fort Lauderdale, Fl
  • Posts 27
  • Votes 14

@Helen C.

Hello Helen, thank you so much for the great info you are sharing with me.

Being so far away from the US and new to the RE investing gives somehow hard time to find a good deal to start my venture, as you recommend I will learn more about every possible detail I can before jumping to my first deal.

Thanks again

Post: Is turnkey investment good idea ?

David EstebanPosted
  • Rental Property Investor
  • Fort Lauderdale, Fl
  • Posts 27
  • Votes 14

@Matt M.

Thank you, being fairly new to the RE investment I’m still learning a lot, all your feedback is really helping.

Post: Is turnkey investment good idea ?

David EstebanPosted
  • Rental Property Investor
  • Fort Lauderdale, Fl
  • Posts 27
  • Votes 14

@Caleb Heimsoth

Hello, thank you for the feedback,

When you put it that way I couldn’t agree more with you, this is not a good deal.

Post: Is turnkey investment good idea ?

David EstebanPosted
  • Rental Property Investor
  • Fort Lauderdale, Fl
  • Posts 27
  • Votes 14

@Don Konipol

Thank you so much, your comment helped a lot in making a decision, when you put it in that prospective this deal is not worth it, I'm not planning to keep it for long so my ROI will not be positive at all.

After reading all the great comments here in BP I won’t be doing these deal. Thanks again !