Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Short-Term & Vacation Rental Discussions
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 almost 4 years ago on . Most recent reply

User Stats

20
Posts
5
Votes
Tyler Smith
5
Votes |
20
Posts

Do Turnkey STR company's exist?

Tyler Smith
Posted

Is there such a thing?
I'm looking for a turnkey STR property with management already in place and a track record of performance with little to no repairs etc. Is there a company with listings?

Most Popular Reply

User Stats

1,009
Posts
622
Votes
Nancy Bachety
  • Rental Property Investor
  • Sag Harbor, NY
622
Votes |
1,009
Posts
Nancy Bachety
  • Rental Property Investor
  • Sag Harbor, NY
Replied
Originally posted by @Zachary Beach:

we achieve this be optimizing revenue being more efficient than an individual owner could possibly be and not making that much profit per property. Less than 1% of owners in our market would make minimum wage for the time they have to put into a property for extra money they would get from having us manage it. They would literally have to be a top property clean it themselves and fix everything to get more take home pay than we offer passively per property.

 1% of owners would make Minimum wage? What is your fee and how smart are you or how “busy/inexperienced” are your owners? Those are big statements. 

Most STR self managers here could be turn key STR owner-sellers...if we weren't so successful.

Loading replies...