There's
also turnkey rentals in other areas, just don't forget to do your inspections (building, area, multiple local management companies) too.
Not exact matches
The
turnkey operator
also is your business partner and will handle all the financials, any legal matters, all of the leasing duties, maintenance, repairs, evictions, and other daily tasks that must be done when managing a
rental property.
Her focus is on
rental properties, specifically
turnkey rental properties, and has
also invested out of the country in Nicaragua.
Another point about the misuse of cap rate as it relates to
turnkey rental house operators (
also pointed out by David).
I have
also fallen victim to having bought a
turnkey once that had that exact problem of the one year
rental guarantee and once that was up, I was told there was no way that
rental amount could be obtained, and the worst part of the
turnkeys is if bad property management is in place to handle the property after you buy.