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Updated over 1 year ago,
to turnkey or not to turnkey
hello bp
So I am a new investor who is working on my cash position right now. I should be in a "comfortable" cash position early next year. My question is should my first property be a turnkey? I understand that I won't be getting the best COC return as if I were to find my own deal but I just really want to get started. I live in northern California so to get a buy and hold property will be a lot harder than some other markets. I also understand that I should do my due diligence before purchasing a property from turnkey providers. What are some of the benefits that you guys have seen from turnkey and even some of the negative things? Any advice or recommendations would be appreciated. Happy investing.
Thank you!
Michael Arreola