All Forum Posts by: Douglas Skipworth

Great question, William!

It is our experience that most turnkey providers extract all of the profit from a deal for themselves and then leave the investor with a high-priced asset that is almost always impossible to sell at or above the original purchase price.  

Said another way, we find that most turnkey providers are selling houses at or above retail prices, which leaves the investor with no downside protection.  We think that is a major pitfall or disadvantage with the turnkey market.

Personally, we believe in partnering with like-minded investors who want to pay a normal real estate commission to a licensed agent for helping them find discounted properties. It might be old fashion, but we think it is more of a win-win since it fosters a long-term relationship for investors who want to buy, hold, and grow.

Hope that helps.

I'm not a fan of turnkey investing, but Memphis Invest (and their property management company Premier Property Management) has a stellar reputation.  We are friendly competitors with them in Memphis and I have nothing but good things to say about their service and their products.

Good luck to you!

Curt,

Thanks so much for the recommendation.

At CrestCore Realty (www.crestcore.com), we work very hard to treat our investor clients exactly the same way we want to be treated ourselves.  

Please keep sending investors our way!  We really appreciate it.

Douglas

Hi, Denise.

Did you get your answer about Renshaw?  I'm happy to assist you if you still need help.

Thanks,

Douglas

David and Stephen,

Thanks so much for the kinds words!

At CrestCore Realty (www.crestcore.com), we work very hard to treat our investor clients exactly the same way we want to be treated ourselves.

We appreciate the partnership with have with each of you.

All the best,

Douglas

David and Steve, 

Thanks so much for the kinds words!

At CrestCore Realty (www.crestcore.com), we work very hard to treat our investor clients exactly the same way we want to be treated ourselves, especially since 1/3 of the 2,100 units we manage are owned by either CrestCore employees or their family members.  We believe that "eating our own cooking" makes us the perfect fit for buy, hold, and grow investors.

We appreciate the partnership with have with each of you!

All the best,