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Updated over 4 years ago,

User Stats

101
Posts
32
Votes
Ibrahim Yamini
32
Votes |
101
Posts

Any Successful No Rehab (Turnkey) Investors on here

Ibrahim Yamini
Posted

As I’ve learned more and more about real estate, I’ve come to the conclusion that I have no interest in flipping or doing a full rehab on a property I’m interested in.  I’m taking a “buy and hold” strategy with tenants approach.

With that being said, the houses I plan to purchase should be move in ready or a “Turnkey”.  Of course this means I’ll end up paying more for the property and that’s okay. 

It seems that more people are focused on finding wholesalers, getting a property flipped etc.

Am I in the minority? Where I live in Arizona, a decent house will be $225K or more.

 I want my property to be move in ready on the day of acquisition and if I have to pay that, it seems like the cost of doing the business I prefer.  Thoughts?  Suggestions?

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