Cash Flow Guys Podcast

Turn key rentals continue to grow in popularity amongst beginning investors due in part to the belief that they are easier to acquire, manage and control. Although there are differing opinions on what is considered turn-key, it generally means that the purchase, rehab, and management as a rental is done by a third party instead of the individual investor having to do everything. While for many it's a realistic way to get your foot in the door to the world of investing the end results are often less than exciting. Ease of Acquisition:  Most people have a tough time putting deals together, they don’t have the time or desire to work their own seller leads.  To buy a turnkey rental you simply place a deposit and wait for your turn. The easier something is to buy, the more people are generally willing to pay for it.  This means that turnkey providers can often pack a hefty profit into each deal for themselves because people love the done for you model.  Such a practice means skinny margins for the end buyer. Profo