New Member Introductions
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 7 years ago, 04/25/2017
Newbie, living and working overseas. Is turnkey my best option?
Hey everyone,
I'm brand new to this forum and to discussions on real estate in general. I'm in my early thirties and have done ok saving and investing in the markets. I have used much of my money to travel the world thus far. I'm interested in allocating a bit more of my income toward investing. For diversification, I'd like to dedicate some energy, time, training, money into real estate. However, given how busy my life is, I think it's only likely that I will be a passive investor. I am only in the states for about 6 weeks each year (and even that is often shortened) and I have so many other projects going, that it would be difficult for me to be as hands-on as so many of you are.
So, is turnkey really the best option for me? I don't have too much to work with yet, but could definitely begin investing on a first estate within a couple months.
And if it is my best option while overseas, do you have any recommendations for reputable turnkey companies in markets in Idaho/Montana? (Or maybe you can show me the flaw in targeting these regions as they might prove too difficult to general a cash flow).
Thanks in advance. And hello from Belarus! I am a Washingtonian at heart and I return to northern Washington (just north of Seattle) every summer if I can help it.