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Updated almost 7 years ago,
Is Turnkey A Good Place To Start?
This is my first question of many. As I have just started to look into real estate investing. It seems that a turnkey provider might be a good place to start. I have come across a few horror stories. So I know that I must carefully vet any providers.
Beyond that, I do have questions.
1. Do I become the owner of the property? Able to brow from the equity. Able to sell the property at any time to a buyer of my choosing. Adjust the terms of Lese/Rent once the current contract runs its course. or am I just buying the rights to collect rent and responsibility for taxes and fees? and the turnkey provider remains the owner of the property?
I hope my question is not too confusing. I appreciate all help.
Thank You
Troy