Turnkey and Cashflow Questions

[Jessica DiPonziano]

The more I look into turnkey, knowing a lot of research needs to be done upfront. Cashflow is a priority of mine to gain capital to then put that into other investment strategies.

Is turnkey a good investment strategy to get a jump start on Cashflow?

If so, does anyone have good recommendations of a company they have used before? Where/how do you get downpayment to buy them?

Never heard of this until recently, so trying to get a handle if it's a good option for me.

[Joseph Crunkilton]

Hi @Jessica DiPonziano, great questions. I wanted to jump in since I've bought a handful of turnkeys as well as using the BRRRR strategy. Turnkeys actually have performed better for me and have been way less work. If you're interested, I'd recommend connecting with @Zach Lemaster. He's been a great mentor to me.

What I love about turnkey is the time commitment. It takes very little legwork since the provider will typically have a team in place. When I was doing BRRRR, I spent months building teams, deal sourcing, negotiating, managing etc. In the end my returns were less than I was getting with my turnkeys. Granted, I'm not a highly skilled investor but I figured it was relevant to your situation.

Happy to help if you have questions.