Out of State Turnkey Investment with Martel Turnkey

[Aj Parikh]

Investment Info:

Single-family residence buy & hold investment in Cleveland.

Purchase price: $90,000
Cash invested: $22,500

1st out of state Turnkey Rental Property purchased from Martel Turnkey.

What made you interested in investing in this type of deal?

I wanted to explore out of state investing and also wanted to remain passive in my journey so turnkey rentals seemed the best way to explore that. The experience with Martel Turnkey has been amazing so far. We will know within a year if the investment was worth it.

How did you find this deal and how did you negotiate it?

Found the deal on Martelturnkey.com after listening to Antoine Martel on one of the mastermind calls

How did you finance this deal?

Conventional Financing

How did you add value to the deal?

Didn't add anything

What was the outcome?

Still to find out

Lessons learned? Challenges?

The closing date got pushed back 3 times because the renovations were not completed. I wish their website provided a better timeline of the whole process.