Does Turnkey eat up too much to be a viable strategy?

[Chris Gerenser]

Just starting out and am leaning towards Turnkey in Indianapolis and then branching out into other markets.  I'm interested if others have used Turnkey providers effectively to build large portfolios.  @Brandon Turner stresses the need in books and webinars to get the right price (say 80% of value).  I don't see doing that with Turnkey providers, but maybe I'm off base here. 

I understand that finding the best value property, improving, and managing it yourself would lend the biggest potential return, but looking to have a more hands-off approach on the rentals themselves.

[Jay Hinrichs]

@Chris Gerenser  Brandons advice on 80% and 20% instant equity is old news.. the markets have shifted .. what ever you pay for a property is what its generally worth today.. there is no such thing as instant equity..

UNLESS  you are sourcing the deal yourself for wholesale and then doing your own fix up work out of pocket at cost etc..

you can capture some equity that way.. forced equity but you earn it.. you just don't have it fall into your lap...