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Updated over 8 years ago,

User Stats

25
Posts
10
Votes
Jonathan Tea
  • Rosemead, CA
10
Votes |
25
Posts

Success with Turnkey and Property Management Companies?

Jonathan Tea
  • Rosemead, CA
Posted

Hi all,

I'm a newbie who's barely getting his feet wet. I'm in my mid-20s. Property two is currently on it's way. I used a turnkey provider who does the managing side of things as well. Both properties are out of state in the same area.

Even with the markup and fees, I'm still cashflowing a little over 100 dollars on each property, with worst case scenarios factored in.

How many of you have invested heavily through turnkey + property managers?I'm wondering if this is a viable long term strategy. I have a full-time job, and I do like the "passiveness" this route allows.

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