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Updated about 7 years ago on . Most recent reply

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Zachary McGinnis
  • Houston, TX
1
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Why Not Invest in Turnkey?

Zachary McGinnis
  • Houston, TX
Posted
New investor dumb question - I am about to pull the trigger on my first SFH turnkey, but want to ask the question on the plank...other than liquidity and convincing traditional investing family and friends who don’t invest in real eatate - why not do it? Hope to hear your experiences.

Most Popular Reply

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Ivan Barratt
  • Investor
  • Indianapolis, IN
951
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764
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Ivan Barratt
  • Investor
  • Indianapolis, IN
Replied

@Zachary McGinnis 99 times out of 100 TKSFR is a bad model. Given enough time most deals will go flat on cash flow or negative. The hidden problem is turnover expenses. NOTE: turnover is NOT maintenance and repairs. It's a different expense and often hidden by TK providers when dealing with rookies.

Keep digging!

  • Ivan Barratt

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