Turn key properties

[Brandon Roberts]

Is buying " A Deal " over rated? In reference to BRRRR, theoretically, all you're allowing yourself is some forced appreciation in the property by rolling the dice that there aren't additional issues with the property. The way I see it, what's the difference between renovating a property and getting 20k in equity off the buy VS. making 20k doing a contracting job? Essentially you're just landing your own contracting job. Why not buy turn key and use your efforts in your active income for down payments?

[Bill O'Donnell]

@Brandon Roberts

I brrr because it allows me to keep using my funds over and over.

Turnkey means full retail. That ties up a percentage of my capital.

And by doing the renovation, I know the quality of the work. Too many low budget flips are moved as turnkey.

Just my 2 cents