Turn key services

[David Pierce]

What are your thoughts on turn key investment businesses that handle all aspects of the investment to the management? Seems like a better option for out of state investing

[Mayank S.]

Turnkey is a great way to enter in REI space if not willing to hustle much on local market or high price point entry is the barrier. Turnkey does take some work though especially finding trustworthy provider whom you feel comfortable working with. More than macro and micro economy of the place/neighborhood, its the people who make or break the investment so tread with caution, visit the city and vet as much as you can about the provider and their product. I myself have few turnkeys and they are doing well so far so can't speak against it. However I am thinking of diversifying into BRRRR side of investing. Every model has their pros and cons so weigh that and see what works for you with you time,skill and resources.