@Account Closed
I work for a turnkey company in the Orlando Florida area. When I hear the word promise it kind of freaks me out a little myself. We can promise all we want, but there are unforseen things that nobody can control that can happen just like the stock market. At a 15% return we are factoring in rising rents and appreciation on the property. We manage over 600 properties in the Central Florida areas and 400 of those are in the Deltona area. That area is appreciating rapidly and so are the rents. Check out this article from the Florida Realtors webpage http://www.floridarealtors.org/NewsAndEvents/artic...
Shows a 9% growth in Deltona and Orlando isn't that far behind.
We sell turnkey houses with tenants already in place and those percents in place, but I am not going to promise something that I can't control. What if the tenant steps off a curb and gets hit by a bus, what if the house is struck by lightning (insurance will be in place), what if the government decides that they own all residential properties in the U.S.
I don't make promises but we are good at adapting and taking care of our clients. If something unforseen happens thats our job to step in and make sure that we are righting the ship to get it back on track. Thats what a management fee is for. Let me know if I can answer any questions.