Starting Out
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 7 years ago,
Turnkey properties in out of state for cash flow
Hi BP family, hope you are all well
Wanted to get your experienced insight on turnkey properties out of state. I live in the bay area and considering finding a turn key property in Indianapolis as I heard from folks here in BP that it's a growing market and has a lot of potential.
Wanted to ask you guys as the expert on turn key on what works and what doesn't work? Any pit falls or traps that I should avoid? Does turn key appreciates in value or is this primarily for cash flow?
My plan is to just increase cash flow using turn key properties, buy and hold while keeping my full time job. Once i find a working formula, I just hope to repeat. Will very much appreciate you guy's knowledge and input. Cheers family!