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All Forum Posts by: Alex Z.

Alex Z. has started 5 posts and replied 26 times.

Post: Digital (Online) Marketing v.Traditional Marketing in Real Estate

Alex Z.Posted
  • Investor
  • Ridgefield, WA
  • Posts 31
  • Votes 29

@Omar Ruiz That is awesome. Nice working on snagging that domain name. 

It sounds like you have a legit plan in place for the SEO/content part of it. I know learning SEO can take some time but to me, it's such a worthwhile skill to have. 

Good luck on your site launch and the SEO (always love launching sites and starting fresh). You are on the right track with backlinks. You mentioned Google Analytics above, once you get some pages ranking just keep an eye on time on page and page views to get an idea of how engaging the content is and you should be going down the right path. 

Post: How to set up a lead capturing website

Alex Z.Posted
  • Investor
  • Ridgefield, WA
  • Posts 31
  • Votes 29

Full disclosure: I work for Carrot.

Thanks for the Carrot love @Bill Carovano and @Michael Mullins

@Juan Rubio I am happy to answer any questions you have about the setup process with Carrot. Feel free to DM me.

Post: Turnkey Rental Properties As A Business Model

Alex Z.Posted
  • Investor
  • Ridgefield, WA
  • Posts 31
  • Votes 29
Originally posted by @James Wise:
Originally posted by @Alex Z.:

@James Wise Thank you for the response. It makes complete sense why turnkey companies would charge & get paid for some of those services. Also, I was overlooking the short term capital part of the equation and that makes sense. 

In a way, selling turnkey's to investors is a way to earn revenue to fund future deals of their own. Makes complete sense. 

One more quick question for you. I know it depends on markets, condition, etc. But is it unrealistic to think that a new investor could buy a property from a turnkey company and have instant equity in a house? Or is it very similar to retail where appreciation & paying down the mortgage will ultimately give you the equity?

 If you had a dollar would you sell it to me for 80 cents?

:) point taken

Post: Turnkey Rental Properties As A Business Model

Alex Z.Posted
  • Investor
  • Ridgefield, WA
  • Posts 31
  • Votes 29

Thank you for the response. Makes sense. I was probably over complicating it a bit. 

Post: Turnkey Rental Properties As A Business Model

Alex Z.Posted
  • Investor
  • Ridgefield, WA
  • Posts 31
  • Votes 29

@James Wise Thank you for the response. It makes complete sense why turnkey companies would charge & get paid for some of those services. Also, I was overlooking the short term capital part of the equation and that makes sense. 

In a way, selling turnkey's to investors is a way to earn revenue to fund future deals of their own. Makes complete sense. 

One more quick question for you. I know it depends on markets, condition, etc. But is it unrealistic to think that a new investor could buy a property from a turnkey company and have instant equity in a house? Or is it very similar to retail where appreciation & paying down the mortgage will ultimately give you the equity?

Post: Turnkey Rental Properties As A Business Model

Alex Z.Posted
  • Investor
  • Ridgefield, WA
  • Posts 31
  • Votes 29

I have been researching turnkey rental properties as a means to get into real estate. I know there are reputable companies out there (some of them are on here). I know that they serve a need in the market with offering passive real estate investors a way to buy and hold real estate. 

But what I am struggling to comprehend is from the turnkey companies perspective what their incentive is for offering up cash flowing properties. It seems most of the companies own real estate in the same markets they are selling it. 

I sound cynical saying all this but here is what I am struggling with...

  • These companies are finding below market value deals and putting rehab money into them to the point that when they sell I am paying close to retail?
  • Are they making money by referring me to brokers, lenders, PMs, etc? 
  • Why aren't they just keeping these awesome deals for themselves?

I guess I am struggling to understand why, if these properties are good investments, are they offering them up instead of holding them?

Would someone with more experience be willing to shed some light on my mental block here?