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Updated about 7 years ago,
Turnkey in England? Tips for Due Diligence
Hi BP,
Been looking for some turnkey opportunities outside of the states.
Found a company named Emerging Property, it's a London/Dubai based company that targets diffrent markets in the UK.
https://www.emergingproperty.co.uk/
Seems very professional.
The 10 year fixed NET income of 8%-12% sounds kind of weird.
If a US Turnkey provider would advertise something like that I'd be surprised.
Most offerings are based on leashold (125-250 year terms usually) and not freeholding.
Not sure how to go about performing DD.
Started some email communication with them, they've been very helpful and communicative.
When asked about different cost entry points they mentioned £50,000 to £270,000, all cash purchase (which is what I'm looking for)
Any thoughts?
Thanks,
Tomer