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Updated about 3 years ago on . Most recent reply
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Purchase Turnkey Properties
I am a AZ home owner looking to buy a rental property out of state. After doing a little research and reading long distance real estate, I want to buy turnkey properties, preferably in Southern states. Been looking through the forums not seeing much on it. Anyone have any suggestions on where I can start and/,or gave had experience with this?
Most Popular Reply
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My advice would be to go and physically see the market you want to buy turnkey properties in. I know several people who bought turnkey but didn't realize what the neighborhood was like, or what the quality of their property's rehab actually was. This may seem overly basic but you'd be surprised how many people do almost no due diligence. I'd also go and see properties that your potential turnkey provider has rehabbed and rented so you can see the quality of their work. Turnkey can be a good as long as you do it with care.