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Updated over 4 years ago on . Most recent reply
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Buying a turnkey investment
Hello All
I am searching on Zillow on real estate homes that are selling with tenant occupied. My question is why do investors sell the cash flow assets? Is there a way to ask why they are selling it. I have searched homes that are 50-70k and stated in their description that are tenant occupied with cash flow monthly. Are landlords profits getting eating up from wear and tear cost ?
It really hard buy a 50-70k house with a good cash flow knowing that you might run into problems. What do you guys thinks ?
Most Popular Reply
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If you're looking for affordable turnkeys, I recommend @Zach Lemaster over at Rent to Retirement. They specialize in renovated properties with good returns. Their houses are fully renovated, have a tenant in place and hook you up with a PM once you close.
I recently just closed on a property with them in the 70k range like you're shooting for. I'm getting good cash flow with no headache of active investing. If you want a good investment for your money, reach out to them.