Nida Kazmi
Mid South Turnkey Homes. Should I invest with this Memphis turnkey?
2 October 2024 | 31 replies
Hi Nida,I'm a bit late to the party but better late than never I guess lolIn the search bar here on Bigger Pockets or even a Google research will reveal a lot of info about certain companies.I'd always like to joke around and say that "Google is your best friend" when looking to work with someone new lolI'd like to second Jason's comment who has been around the turnkey game for a long time and has probably conducted due diligence on many if not all turnkey providers over the years.Not many have stood the test of time and I'm proud to say that we have.Not intending to plug my company as we have many battle scars that started from day 1.But still here and still battling away 🤓Why we survived and thrived unlike many others was keeping our operation small and boutique and only doing deals on our terms.Low volume sales and thorough investor pre-qualification (As not everyone that has a pulse is necessarily a good fit for what we can provide).Some investors did better than others but one thing I can happily say is that we always did our best for all.I believe a very important component to any "true" turnkey company is that the penny ultimately drops must drop with them.Meaning, if you invest and things don't go the way as planned it is entirely up to them to rectify.No finger pointing or passing on the monkey to someone else (Like a realtor, contractor or PM).A true turnkey company stands behind it's properties, rehabs and in-house property management.Key phrase here is "in-house property management".Everything must be under the same roof and the provider must take all responsibility for the outcome of that investment.Wishing you much success
Larry S Cleveland Jr
Novation, Sub-To, or Something Else
27 September 2024 | 2 replies
The roof was redone in the last five years The ex (20% ownership) is willing to go with whatever is negotiated.Â
William Strom
Are Condominiums a good investment
26 September 2024 | 7 replies
Sometimes the HOA can cover capital expenses like roof and exterior, so that can help cash flow as well, but the HOA might increase the dues when they have to pay for capital items.
Hanaa Abou Ouf
Olympia, WA investors, what do I need to know?
26 September 2024 | 8 replies
Without my job I couldn't have done this because sometimes they might need a new roof or other work.
Chizitem Ibeneme
What is the best way to estimate rent and CapEX's for out of state investing
25 September 2024 | 2 replies
For your major capex expenses, I assume AC, WH, roof, you would need to get in touch with a local contractor (or two).Â
Tracy Y.
Unsure of where to start/continue on my journey
27 September 2024 | 6 replies
Plus, with your tenant experience, scaling up with more units under one roof makes sense!
Danny Gonzalez
Unlock Birmingham's Real Estate Potential: Your One-Stop Solution for Out-of-State In
26 September 2024 | 1 reply
We provide everything you need to build generational wealth under one roof—property management, construction, experienced agents, and connections to top lenders.
Jon K.
Onboarding a new vendor
26 September 2024 | 1 reply
He wants to focus on large ticket items for property managers: roofs, turns, hvac replacement, whole house painting, things like that.
Evelyn Randolph
How to cover roof repair before purchase
20 September 2024 | 7 replies
Because I'm buying at such a good price, the seller will not pay for the roof.
Desstani R.
150,000 to start investing and don’t know where to begin!
27 September 2024 | 13 replies
A duplex is a great way to get your feet wet in multifamily investing, giving you two rental incomes under one roof, which can be a great balance between cash flow and passive income.I’d also suggest looking at markets that offer solid rental returns.