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Updated over 6 years ago,
Turnkey Solutions - "Can you do it with Rehabs only?"
I get a lot of questions about what turn-key actually is and what are the pros and cons to go with it? Well, what "turnkey" by meaning is this: built, supplied, or installed complete and ready to operate
So you will see a lot of turnkey services pertaining to real estate especially ready-to-go rental income properties. This means that a company may offer a complete solution or package whereby they build / rehab and supply rental income properties, new or existing, where you simply purchase a slice of a portfolio of properties or individual property and start earning a rental amount from that investment after the expenses.
So now that we understand that part, can the same be said or done for Rehab services providers or projects? I have started this discussion to see what people say about this type of model when it comes to "turnkey". What would be the pros or cons for this type of turnkey but for rehabs?
I look forward to the community responses.
Thank you,
Amit