21 July 2016 | 45 replies
There are probably some very good turnkey operators that consistently leave enough "meat on the bones" for the investor to make a return, but I think most milk each property for whatever they can get out of it, doing the minimium "lipstick on the pig" renovations, inflating the price to over market value, puffing up their pro forma financial projections, jacking up their property management fees/kickbacks, etc. without much regard to if their clients lose money, and there are plenty of uneducated buyers where they can do this and more of their high profits paying out of state marketing affiliates (many of whom are here on BP posing as investors and talking up how great out of state turnkey is) to locate new buyers since they get no repeat business after their buyers figure out they're losing money.
19 July 2016 | 7 replies
You are at the best REI networking portal on the internet.
4 April 2017 | 14 replies
You are at the best REI networking portal on the internet.
11 July 2016 | 3 replies
You are at the best REI networking portal on the internet.
9 July 2016 | 2 replies
You are at the best REI networking portal on the internet.
9 July 2016 | 2 replies
You are at the best REI networking portal on the internet.
18 July 2016 | 15 replies
You are at the best REI networking portal on the internet.
16 June 2019 | 57 replies
CL and the random internet are not how you find the good ones.
10 July 2016 | 2 replies
You are at the best REI networking portal on the internet.