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Updated almost 5 years ago, 03/06/2020

User Stats

56
Posts
31
Votes
Scott Sherin
  • Investor
  • Greater NY Area.
31
Votes |
56
Posts

Best markets for turnkey investing

Scott Sherin
  • Investor
  • Greater NY Area.
Posted

After doing countless hours of research on the pros/cons of turnkey investing, I've decided that it is my best option for my first property. (Due to time constraints and living in an area with absurd property value/taxes). I understand there are countless numbers of TK companies across the midwest, and my next question is which market to choose to begin creating my list of companies to interview. I'm looking for B- or better regions, and I'm set out to achieving at least 12% ROI after CapEx, utilities, and everything else. Does anybody have any experience or insight on where I should start? (I've got about $35k for a downpayment and around $10k in reserves). Thanks guys!

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