Sentences with phrase «many turnkey providers»

Instead, they find an experienced turnkey provider to manage the proc...

Today, QualServ is one of the nation's leading turnkey providers of kitchen equipment and retail fixtures.

Whether you have a program that you find hard to manage and would like to hand it off to a turnkey solution or have wanted to provide a program and have naturally found it very complex to get started, DayOne can be your turnkey provider.

I think I'm using the same turnkey provider as you in Memphis.

That doesn't mean they are not qualified companies, but after having been in the industry now for 15 years and been approached by every provider big and small, I can state without a doubt that companies that have no business being in the Turnkey space are being promoted and propped up for fees by Turnkey provider companies.

Being up front with any partner (PM, lender, turnkey provider, contractor, whoever) that you want to take a few months to build trust and see if this is the right partnership will 9/10 times filter out anyone sleazy who's too eager to make a quick buck.

The investor is making a big decision and deploying a lot of assets / resources with me as a Turnkey Provider.

Many turnkey providers replied saying they have zero problem answering potential clients questions since the business structure really is long term relationships which starts with trust.

However, I had spent a good amount of time in the immediate neighborhood while under contract with the turnkey provider's listing.

I am not a turnkey provider and I never worked with a turnkey provider... however, I would have to suspect that not all of them are there to rip you off or provide a poor quality of service.

I'm a little late to the thread, but I'd be curious which turnkey providers you met and what numbers or data they showed you to show those levels of markups.

Ask for outside references of investors who have worked with the turnkey provider and ask for records of seller success.

@Brian Bradley excellent post and advise to anyone thinking of using a turnkey provider.

I know other turnkey providers offer this in various markets, so maybe one in KC if you don't want to be the one controlling the hammer - swingers, but I don't know any outside of the Philly and Baltimore with a proven track record.

I hear you on being leery of the turnkey property websites, but I think the best way to deal with your concerns there are just to verify the turnkey provider's claims and work: before you buy, have an independent inspection and appraisal report.

@Nikki Kofkin @Ted Kuhlmann As for the zip code, it was brought to my attention by a turnkey provider.

Do not just blindly agree to use the property manager that comes wit the turnkey provider.

If you are set on sticking to KC, I don't have options for this there, but I am working with a turnkey provider in Philly and Baltimore that is offering the turnkeys BRRRR - style.

I have a turnkey provider that was recommended to me and I just wanted any info you could give me about these areas.

The idea of the BRRRR strategy is control and the DIY aspect of investing, but when you put a middleman (turnkey provider) in the middle of all of these (no pun intended), things could get a little complicated.

Hmm... if we go old school and base my experience with this turnkey provider, I'd say a «solid B».

Apart from the serious problems people have had with MI, I don'think brrr is likely to work using a turnkey provider.

The only thing I would caution is that, even though it is «turnkey,» you must still actively hold any turnkey provider accountable.

But please do a search on any turnkey provider before you give them any money.

One thing I have found from some turnkey providers (I don't say all because I haven't talked to all obviously) is that they buy properties for what could be pennies on the dollar, pour money into rehabbing, and then sell at a premium... so they're fix - and - flippers.

Turnkey providers may not want to keep these properties for themselves because it requires a lot of capital.

Turnkey providers either also have a property management company as well or they may not.

In any case, you must vet the turnkey provider before deploying capital.

IF the turnkey provider also has a PM company, then the residual income in management fees is one revenue source.

@Daniel Pichardo I recommend looking for the direct turnkey provider (one who actually owns the house and isn't brokering the deal) I also recommend in house property management and visiting the area that you choose to invest.

Some turnkey providers consider maintenance and vacancies as «soft costs» (versus hard costs like taxes, insurance, HOA fees), and they either won't include them at all, or use unrealistic numbers, in order to make the property look more attractive from a ROI perspective.

While not a true turnkey provider, they are catering to out - of - state investors and doing everything they can to reduce buyers» risk and uncertainty.

I'm guessing company names and contact information would be helpful to those of us who can provide properties to these turnkey providers and those who would like to buy from turnkey providers.

Turnkey providers do all the work for you basically.

Also, be wary of turnkey providers with rosy numbers, after my opening post I received offers with almost no budget for maintenance, no reserve, no CapEx, no vacancy reserves, etc..

When you say «turnkey» do you mean you are working with a Turnkey provider?

This conversation has been very helpful in regards to depreciation and how it affects the deal, but I'm still confused as to why turnkey providers don't advertise maintenance and vacancy when selling their homes to investors?

Does anyone (locally or nationally) have contact info for active turnkey providers who sell properties in the Atlanta market?

I don't know of any MF turnkey providers.

There are hundreds and hundreds of deals being added every single week from wholesalers around the country, from turnkey providers, from real estate agents.

@ Hank Lee - I know of a turnkey provider that does multifamily.

We started our REI a year ago with one single family property with a popular Memphis turnkey provider on these forums and have been happy so far.

A MF syndication is the closest thing to a SFR turnkey provider and that's why I suggested it.

These are the qualities we feel are necessary to be a superior turnkey provider.

With each turnkey provider being slightly different, it is reasonable that «turnkey» means something different to each turnkey company selling homes.

Turnkey providers are notorious for selling overpriced homes to out - of - state investors who are used to expensive real estate markets.

They think everything is cheap, which makes it really easy for less moral turnkey providers to take advantage.

Since we are a smaller turnkey provider we do not own the management company.

Refer me to a friend via email and I will personally send you both my spreadsheets of usual suspects of turnkey providers plus the questions I used to ask them for due diligence.

See, there has been an explosion of turnkey providers since the downturn of the housing market.