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Updated over 7 years ago on . Most recent reply

User Stats

44
Posts
9
Votes
Jessey Kwong
  • Investor
  • Vancouver
9
Votes |
44
Posts

Your "turnkey" process/experience?

Jessey Kwong
  • Investor
  • Vancouver
Posted

As I start learning SO MANY new terms, one that I see often is the term "Turnkey" - something I've never heard about... 

My basic understanding is that inorder to complete a turnkey process, you are buying the property, rehab, finding tenants, then selling to an investor who will have everything setup for them. Please correct me if I am wrong.

Can any of you share your experiences completing this whole process?

Anything to specifically watch out for that you didn't realize at first?

Is this a very common strategy for investors?

Looking forward to hearing some of your stories!

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