33Holdings (Atlanta Turnkey) - any reviews?

[John Haveman]

Hi everyone

I've come across 33 Holdings, a relatively new Turnkey provider in Atlanta (www.33holdings.com).  They are part of Kathy Fettke's (@kfettke) Real Wealth Network.

The properties on their website look good (don't they all on paper), but I can't find any references to their business on BP.

I will naturally do a comprehensive DD on any property I buy from them, but I'm just wondering whether anyone (outside of RWN) has dealt with them in the past?

Thanks!

John

[Ali Boone]

Actually for where Atlanta is right now, the numbers aren't bad. Atlanta is in a prime right now so I don't expect much on the cash flow front--compared to where they used to be. 

The numbers seem decent, as does the address, but the meat of a turnkey company is going to come in the rehab quality, the property management, etc. None of those can be seen in the numbers.

All my turnkeys are in Atlanta and I work with a lot of turnkey providers in several markets, but haven't heard of these guys. I'll do some digging...