TurnKey For a Fee - Birmingham, Alabama

[Jarrod Cook]

Hello BP!

I wanted to tell everyone about a program that we are offering for the Birmingham Market. We call it Turnkey For a Fee because for a small upfront fee we have found a way to get you, the investor, into fully turnkey houses for way less $ and with way more equity than if you purchased an already completed house from a provider. 

Here's a how the program works:

After speaking with you and figuring out what your goals are, what type of property you are seeking and in which area,

-  we help you purchase the right house for you at the right price by submitting bids then evaluating the responses we get.

- we then head out to the house and put together a scope of work. with this number and the price of the house in hand we can determine if the deal is worth pursuing. if the numbers work we bring you the deal.

- we guide you through the closing process for the house that you have selected.

- our contractors that have done over 500 properties for us do the rehab work at cost for you.

- we find a tenant for you and take over management of the house.

The result is you owning a fully turnkeyed property that is cash-flowing for way under market.

Our B neighborhood houses produce 800-850 in monthly rental income and you will be all in for around 55k. If you were to purchase a solid B property off our completed inventory spreadsheet it would run you around 70k.

Our C neighborhood houses produce 650-750 in monthly rental income and you will be all in for 40-50k. C class houses on our turnkey spreadsheet run 55-60k.

We are actively signing investors up for this program and would love to have you on board!!

Please send me a private message and I can go over the finer details with you - from there the opportunities are endless!

I look forward to hearing from everyone :-)

[Jared Garfield]

This certainly sounds like a great service.  As an investor, I would check www.bestplaces.net and www.city-data.com for crime, educational data and income levels.  Neighborhood ratings are so subjective that you need to be sure that a turn key providers opinion of what a B or C neighborhood is what you would agree is B or C.  Talking to police who patrol the area or getting crime reports for the area (incident reports) can also be very helpful.  Trulia has that crime mapping feature and www.Familywatchdog.US is a great site that shows where predators live.  That's important when choosing a rental property from a liability and potentially a resale standpoint.  Also, always make sure that you have after repair value comps that support the suggested proposed value, and a total list of renovation costs.  Is there a rent guarantee, and consider getting a home warranty if the hot water heater, plumbing, hvac and roof have not been replaced.