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All Forum Posts by: Leah McNell

Leah McNell has started 9 posts and replied 37 times.

Post: First Turnkey...just do it?

Leah McNell
Posted
  • Real Estate Agent
  • Albuquerque, NM
  • Posts 39
  • Votes 18

@AJ Singh Copy that. We have done our research on turnkeys and realize it is not going to add too much money in our pockets, however it is the right fit for us now. We are currently stationed overseas and this will give us a good opportunity to learn about the process. Hoping to use the turnkey experience/lessons to help us fuel future purchases! 

Post: First Turnkey...just do it?

Leah McNell
Posted
  • Real Estate Agent
  • Albuquerque, NM
  • Posts 39
  • Votes 18

@Larry Fried  I like your advice on focusing on the rent. We are looking more at the $80-$90K now. Right now we are open to any advice on markets but have been doing the majority of our research on Dayton, Memphis and Birmingham.  

Post: First Turnkey...just do it?

Leah McNell
Posted
  • Real Estate Agent
  • Albuquerque, NM
  • Posts 39
  • Votes 18

@James Wise thank you! I am copying and pasting this into my notes. Great checklist!!

Post: First Turnkey...just do it?

Leah McNell
Posted
  • Real Estate Agent
  • Albuquerque, NM
  • Posts 39
  • Votes 18

@Larry Fried hello and thank you for the advice. We are looking 80 to 90 range.

Post: First Turnkey...just do it?

Leah McNell
Posted
  • Real Estate Agent
  • Albuquerque, NM
  • Posts 39
  • Votes 18

@Andrew C. thank you! Will keep that in the back of my mind

Post: First Turnkey...just do it?

Leah McNell
Posted
  • Real Estate Agent
  • Albuquerque, NM
  • Posts 39
  • Votes 18

Thank you for your inputs! What is a good price point to look for? We are currently leaning more towards 60-80K range but have also looked at 90-100K houses.  We will put a 20% down and then finance the rest. Also we are worried about buying a house without visiting it.  How can we check the location/basics of the house before making the leap? Are there options to hire a third party member to check out the house?

Post: First Turnkey...just do it?

Leah McNell
Posted
  • Real Estate Agent
  • Albuquerque, NM
  • Posts 39
  • Votes 18

Hi all! My husband and I are itching to get into real estate, but currently live overseas (military). One option we are exploring is Turnkey properties. We feel like it will help us get started in real estate, help us learn, get our feet wet etc. Any good Turnkey companies you can recommend? Any good areas? Any advice? Thanks for you inputs! Looking forward to starting this adventure.

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