Austin TurnKey Recommandations

[Danny Allegra]

Good day! I wanted to ask if some you lovely members had any recommendations for Austin TurnKey companies? Have anyone specifically gone through the process? I would like to learn from other’s mistakes. Any insight would be greatly appreciated. Thank you!

[Charlie Kleindinst]

I actually just closed on a duplex that cash flows $700 after expenses in Austin using an FHA. It's fully renovated. Found it on the MLS. You got to be quick out here. This stuff goes fast. You need to look at them within hours of hitting the market. Got to make your offer look good as well. Cant try to low ball. I know this doesn't directly answer your question however a lot of people have told me cashflow doesn't exist in Austin. It does however they are less common. I found another duplex that cashflowed $340 after expenses. I wasn't quick enough on that one. It only took me 2 weeks of looking to find these 2 duplexes with positive cashflow.

Networth realty and Northwestern Aquistions are the only turn key companies I know. However I wouldn't really call them turn key. They're big wholesale firms that offer hard money, comps, and a list of sub contractors. 

If you need a good agent out here PM me and I'll connect you to the guy I used. He's not on bigger pockets however he's been buying fixer uppers and holding them for rental income since the mid 90s. He's very knowledgeable about construction and actually answers his phone and is very easy to get a hold of. He even went to look at a duplex at 11pm on a week night with me.