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Updated almost 12 years ago,

User Stats

39
Posts
0
Votes
Val Dufour
  • Real Estate Investor
  • Denver, CO
0
Votes |
39
Posts

Turn Key Magic?

Val Dufour
  • Real Estate Investor
  • Denver, CO
Posted

So I see ads like this all the time....

http://www.ebay.com/itm/Memphis-Fully-Renovated-Rental-Properties-80-Financing-Qualified-Buyers-/330863348512?_trksid=p2047675.m2109&_trkparms=aid%3D555003%26algo%3DPW.CAT%26ao%3D1%26asc%3D142%26meid%3D7101941366914018464%26pid%3D100010%26prg%3D1076%26rk%3D5%26sd%3D350768857308%26

(Not sure if that will show up as a URL, but you know how to use it)

Turn key investments in Orlando, Houston, Memphis, Kansas City, with claims of cash flows to the tune of $300-$500 a month after management expenses. What's the catch? Seems so many people are looking for $100-$200 a door when talking cash flow, so I know if these claims were legitimate people would be banging their door down for business. I'd just like some seasoned, experience, preferably market familiar opinions on what's up with ads like this.

Being new, they look so tempting and stress free. But anyone who's been around a little bit knows if it sounds to good to be true, it usually is.

Thanks.

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