![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2995652/small_1712977821-avatar-trevorc201.jpg?twic=v1/output=image&v=2)
Looking to buy my first turnkey rental. What advice would you recommend?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/852308/small_1621504456-avatar-matthewm292.jpg?twic=v1/output=image&v=2)
The context being today's market.Assumption: the new asset would be in addition to your existing positive cash flowing portfolio.Requirement: the new asset’s cashflow cannot be negative. It must at least break even a...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/wordpress_blog_post/image/19106/1014-web20240913-2-g44jhx.jpg?twic=v1/output=image/cover=625x330)
![](https://bpimg.biggerpockets.com/no_overlay/uploads/wordpress_blog_post/image/19393/No-Text_MNY59120241227-2-71rvy3.jpg?twic=v1/output=image/cover=625x330)
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/163509/small_1621420505-avatar-obrian.jpg?twic=v1/output=image&v=2)
I've been looking into turnkeys in Memphis and came across the following 4/2 SFH in the 38118 zip code. Though it was built in 1963, it's had extensive rehab work done in the amount of $22,500. The major work don...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/491822/small_1621479081-avatar-jeremysjc.jpg?twic=v1/output=image&v=2)
Hey everyone,I live in Silicon Valley, which means I really need to look at investing out of my home state. My dad lives in Phoenix, which is a growing market, and it seems like it could be a good place to start. Th...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1913184/small_1642305107-avatar-marshallm44.jpg?twic=v1/output=image&v=2)
Hi all, I wanted to share my experience with my first project as a real estate invest
or.
I am 30 years old and live in Edmonton Alberta with my wife and three kids (2,4,5), I am a land surveyor and just starting my...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/682635/small_1621495377-avatar-stevek74.jpg?twic=v1/output=image&v=2)
The rental industry remains one of the least disrupted multi-billion $$$ industries in the US... Other than software to make marketing, property management, researching properties, finding owner contact info and accou...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2736978/small_1694645628-avatar-jacquid7.jpg?twic=v1/output=image&v=2)
I will be rehabbing my investment property (property manager will oversee) and am wondering if contractors expect some upfront payment (e.g carpet layer to buy carpet, cabinet maker for kitchens). I currently have a s...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/65/small_1694581299-avatar-amy.jpg?twic=v1/output=image&v=2)
I'm a free-market person, but if the autos go under, we'll have millions of more people without work. Do you guys think we need a bailout or maybe some of you have some other ideas?