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Updated about 5 years ago on . Most recent reply
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Turnkey investor in California
I'm trying to buy a turnkey property from roofstock any advice for me?
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Originally posted by @Delbert Standifer:
I'm trying to buy a turnkey property from roofstock any advice for me?
They aren't really a TRUE Turnkey Provider. A real provider ideally owns the home first (NOT A LISTING) then they renovate it all in-house. They should also place a tenant prior to closing, this way it is cash-flowing from day one. The other big thing is to make sure the TK provider does the management IN-HOUSE! They should not push you off on some other "Trusted" partner. I don't think roofstock really checks these boxes. They are just a marketplace.
Try looking at:
5 Keys to Turnkey Real Estate Investing
and
Assessing the Risk of a Turnkey Real Estate Company