Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 4 years ago on . Most recent reply

User Stats

9
Posts
6
Votes
Eric Inigo
6
Votes |
9
Posts

Thoughts on Turnkey REIs?

Eric Inigo
Posted

Hello Everyone. Literally just signed up to BP a few moments ago. I am a newbie investor from San Diego thinking about buying my first rental property out of state in Atlanta, Alabama, Austin, Pennsylvania, and/or Detroit using a turnkey company. Are there any resources or recommendations that you can guide me towards? Thanks in advance and looking forward to increase my intelligence and wealth with the help of all of your knowledge and experience as I start this journey. :)

Most Popular Reply

User Stats

1,489
Posts
1,024
Votes
Alex Deacon
  • Investor
  • Pittsburgh, PA
1,024
Votes |
1,489
Posts
Alex Deacon
  • Investor
  • Pittsburgh, PA
Replied

@Eric Inigo as @Gary Carver stated. Turn Key may not be the best way to go. I am in the Pittsburgh market and I dont know of any legitimate turnkey providers who you can trust and provide a good product. Think about it. If you provide turn key then why not just hold onto them yourself. Most turn key providers want to make a quick profit and then manage and handle all repairs for you for residual profit in the future. I am not saying they are all scam artists but please run your numbers and look closely at the market before committing to anyone or any area. 

Loading replies...