Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
General Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago on . Most recent reply

User Stats

32
Posts
7
Votes
Chris Papa
  • Rental Property Investor
  • Redwood City, CA
7
Votes |
32
Posts

Investing In Turnkey Properties

Chris Papa
  • Rental Property Investor
  • Redwood City, CA
Posted

Hello - I am based in the SF Bay Area and am interested in turnkey investments. Having a full-time job (60 hours+ week) + being a single parent, this seems like the most time efficient way to investment in real estate. 

I would love to hear anyone's experience with turnkey investing - good or bad. 

I would also love any recommendations for some good turnkey firms I can contact. 

Thank you!

Chris Papa

Most Popular Reply

User Stats

28,313
Posts
19,353
Votes
James Wise#5 All Forums Contributor
  • Real Estate Broker
  • Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
19,353
Votes |
28,313
Posts
James Wise#5 All Forums Contributor
  • Real Estate Broker
  • Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
Replied
Originally posted by @Chris Papa:

Hello - I am based in the SF Bay Area and am interested in turnkey investments. Having a full-time job (60 hours+ week) + being a single parent, this seems like the most time efficient way to investment in real estate. 

I would love to hear anyone's experience with turnkey investing - good or bad. 

I would also love any recommendations for some good turnkey firms I can contact. 

Thank you!

Chris Papa

 The most important thing people need to understand about the turnkey product is that it's just like buying a regular rental property EXCEPT for the fact that you are paying someone else to do the work for you. You'll get those who will say don't do it your returns will be lower!......Well yeah duhhhhhh, of course they will. You have to pay someone else to do the work for you. Same reason your dinner costs more at a steakhouse then in your own kitchen.

It's a service product. It's not magic. If you want to own rental properties but do not want to be involved with the work it's a great alternative to working your own business. If you want to start your own rental biz that's awesome to but you'll be putting in the work.

Loading replies...