Turnkey Vs Buy and engage with property manager

[Jay Thacker]

Hello All,

After paying of all student dents, having bought a primary residence last year, i am finally thinking about passive rental income from real estate investing. I am a newbie and apologize in advance if this has already been discussed - please feel free to point me to the right thread.

What are the leading thoughts on buying turnkey properties versus buying separately and getting a property management company to help out renting and maintaining? I am guessing the later is more lucrative since you can get possible deals when you buy while the turnkey provider will likely not give you a deal/sell below market?

[Jeff B.]

@Anton Ivanov  i didn't mention force - - it's a natural 'up-sell' as the marketing types say.

I would dispute all your contentions, being B&H and an absentee LL managing a 6-plex 2hrs away for 19yrs.  My profile is sufficient documentation to easily show that assumptions are not always true and performance is possible to motivated RE investors.

Let's drop the fencing - - I'm willing to believe you want to share insight to help the OP - - and hoping you can grant that motivation to other participants too.