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14 May 2024 | 31 replies
G'Day Trevor,Just posted the same below to another investor asking about turnkey and my advice stays the same 😁There aren't many "true" turnkey companies around anymore and I've seen a trend where investors want to DIY out of state and country.Personally, I think this is an even bigger recipe for disaster than buying turnkey.But that's just my opinion.Back in the day you had many "turnkey" companies selling crappy properties in crappy areas for a lot more than market value.Then they pass you on to a 3rd party PM that nickel and dimes you to death.Granted, if you want to DIY I would always advise moving to the market that you want to invest in.Spending enough time with key people needed to make your venture a success.Yep, easier said than done 🤷♂️If you DIY from out of state, you will probably find an "investor friendly" agent that will flog you expensive property from the MLS, refer a "good" contractor and then you will most likely also get nickel and dimed by a referred "trustworthy" PM.IMO, you are safer finding a reputable turnkey provider in a market that you want to invest in and go from there.If $#%@ hit's the fan (Which it always does in real estate), at least you have everyone to blame under the same roof.A true turnkey provider will have everything an out of state investor would/want and need under the same roof.No finger pointing is allowed lolI'm bias as we offer turnkey so take my words with a grain of salt.Just happy to offer my 0.2 Aussie cents.Wishing you much success
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20 May 2024 | 177 replies
If ANYONE needs introductions to the direct SPONSOR of a deal who has a clean background and ISN't under SEC investigation I'm happy to connect you.
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16 May 2024 | 74 replies
We take pride in having clean properties to attract multiple applicants which allows us to pick the very best ones.
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15 May 2024 | 13 replies
If the property is worth 415k and you only owe 269k why not sell it at 300-325k range and clean your hands of it if you are at the point of considering bankruptcy?
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14 May 2024 | 15 replies
The average renter just wants a clean, safe place to live.A few questions to consider before doing the work.
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14 May 2024 | 13 replies
@Eric Stewart no offense, but this is what happens when you don't do enough research before buying a rental and DIY managing.https://www.biggerpockets.com/forums/88/topics/1106522-1st-r...Why didn't your agent Collin educate you about all this?
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14 May 2024 | 11 replies
Most cleaners are not going to comply with your PMS platform protocol for cleaning and 98% of the functionality that you are going to use a PMS for will be messaging.
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15 May 2024 | 9 replies
It takes a lot of life experience and finesse to deal with people coping with huge life struggles.If I were young and starting out, I'd offer paid services for clean outs and basic staging/moving around furniture.
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14 May 2024 | 8 replies
Super easy and clean way to get your initial investment out + some more funds to scale!