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Updated over 4 years ago on . Most recent reply
First time investor, looking to start with Turnkey
Hi Everyone, first time investor here, live in NY and since properties are so expensive here, I am looking to invest out of state. I also don't have a lot of time to research and do all the work, so looking to get my feet wet by buying a couple of properties using Turnkey companies. I know how to calculate the deals so I won't just take their number at face value but I need someone to do the work on the ground for me. I found a few posts here about Turnkey but they are all a few years old. Looking for some newer experiences if anyone had, with which company and what are some of the reputable companies I should look into? Thank you all for your comment in advance..:-)
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Welcome to BP! It's definitely smart to get into turnkey for your first deal. That is what I did as well. I wanted something low risk, affordable with good returns.
I would highly recommend @Zach Lemaster over at Rent to Retirement. They specialize in turnkey rentals in markets that maximize cash flow and appreciation. I recently just closed on a property with them. What impressed me was the quality of property, ease of the process and my returns.
I'm happy to elaborate if you have any questions. Feel free to PM me.