Why "Turnkey" Isn't Problem-Free




Real Wealth Show: Real Estate Investing Podcast show

Summary: Busy professionals may not have the time to buy, renovate and manage their rental properties. And if they live in expensive metros, they may not be able to find properties that cash flow nearby. This often leaves them no choice but to buy property out-of-state that is already renovated and managed, which is also known as "turnkey" rental property. But does turnkey mean problem free? Unfortunately, it does not. Our guest today researched the turnkey model, and created systems that he'll share with us.