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Updated about 11 years ago on . Most recent reply

User Stats

89
Posts
32
Votes
Dave Olverson
  • Real Estate Investor
  • Durham, NC
32
Votes |
89
Posts

Dave from New York City

Dave Olverson
  • Real Estate Investor
  • Durham, NC
Posted

Hey All,

I'm Dave, currently living in NYC. I am completely new to real estate and thought that I would only be able to start generating cash flow from a rental property once I moved to a more favorable (affordable) market.

Then I heard about turnkey properties. I read a brief description and my current goal is to learn more about the turnkey process and if it is a good fit for me (as it appears), then to start looking to add 1 turnkey property to start, and progress from there.

Thanks so much all - this seems like a great community!

Most Popular Reply

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4,533
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2,085
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Engelo Rumora
  • Investor
  • Toledo, OH
2,085
Votes |
4,533
Posts
Engelo Rumora
  • Investor
  • Toledo, OH
Replied

Welcome @Dave Olverson

The best word of advice I could give to anyone looking at buying turn key rentals out of state is to spend the time building trust and relationships with key people on the ground in that area and make sure they have your interest at heart. No matter how long it takes. You will very quickly weed out all of the operators looking to make a quick buck and not caring about the investors future and bigger picture.

Thanks.

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