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Updated over 5 years ago on . Most recent reply

User Stats

95
Posts
21
Votes
Ken Cooper
  • Investor
  • Redondo Beach, CA
21
Votes |
95
Posts

Thinking of selling my Turnkey Property

Ken Cooper
  • Investor
  • Redondo Beach, CA
Posted

I bought my first investment property 4 years ago. It was a turnkey single family in Indiana.  It has preformed ok, but when it turns over, it basically takes a years worth of profits to get new tenants into it.  Since I do not live there, I have to rely on the turnkey provider for all of the repairs needed to get it ready to rent agin.  Thinking of selling it, and  purchasing something closer to home that I have a little more control of.  Any one have experience doing this, or have any advice?

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