Another Turn Key Post (sorry!) But..

[Account Closed]

I've been sort of off the radar lately. I've been busy with my own personal life and still just studying real estate and what I'm going to do. And I've actually been getting to the point where I'm getting a little discouraged and nervous. But it'll all go away soon. I just wanted to ask this so my head could be in the game a bit more. With any turn key investors, how long have you been investing specifically with turn key companies? Is it something you can see yourself doing your whole life? Most of those I've talked to about this say it's a good way to get the first few deals under your belt. And I understand that completely. But what about after that? Do any of you have 50 turn key properties? 70? 100? Especially when I live in a place like CA. I just think I'd rather stick to turn key until I can save for a down payment on a large apartment complex. But again, how long have some of you been doing it? It seems great. And I'm not trying to debate that it's "easy". Just after everything I've read I still find it appealing. I thought it'd be fun to hear some people's stories on this. Since there's really right or wrong answer. More of a fun topic id like to discuss. Have a great day everyone :)

[Ralph R.]

@Account Closed I have been buying real estate several years now. I don't have a lot but it takes time to build a portfolio in RE. From scratch. I dunno Wat you call how I'm doing it but it's turnkey SORT of. I set up a network of people in a city in Colorado. I had 1 rental and used a PM as I live in alaska. From that I used my loan person to expand to another city. Then the pm found me 2 more rentals in the first city. Last spring I started looking in yet another city in Colorado. I called realtors and PM's and found a duplex. It closes this Thursday. The only property I have bought off the MLS is the one the loan officer found. I buy rentals that have tennants already. There hasn't been any hitches yet but I'm cautious what and where I buy I don't use a turnkey company per say but I create my own network of pple. THAT said I have been looking at some regular turn key company's. It appears to Be a lot faster. I have picked up some equity at closing in the properties I have bought using my method. I don't see much equity left for the buyer at closing when buying from a turnkey company. Good luck. RR