It seems to me with
a good turnkey provider you might get true passive investment but you have to trust the tk provider AND you will pay high retail for the property.
I'm especially up on what constitutes
a good turnkey provider since I've had the bad ones.
The good turnkey providers are frankly making more money selling to retail buyers than us cheapo investors who has got a million questions.
Also, do you have any references to
good turnkey providers in those cities.
This doesn't mean that there aren't
good turnkey providers or that there aren't bad syndication providers, just that the interests tend to be better aligned in syndications IMO.
Not exact matches
However, I had spent a
good amount of time in the immediate neighborhood while under contract with the
turnkey provider's listing.
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.
Turnkey providers either also have a property management company as
well or they may not.
«I visited 4 other
Turnkey providers in Memphis and felt you all provided the
best customer service and product.
Craig tells us about how he got started in real estate as
well as how he became a full time investor and full time
turnkey provider of investment property.
Scott Gruber is a founding partner and CEO of Bridge Capital Asset Funding, a firm based in Memphis TN that provided private financing solutions to real estate investors as
well as
turnkey providers.
The
turnkey provider will have much of this data available, but you need to run the numbers yourself as
well.
Some of the alternative ways to to look at certain scenarios might give listeners a different perspective about bank financing, closing cost as
well as investing with
turnkey providers.
Based on the information we gather together, we connect your criteria with the right
Turnkey Provider within our Nationwide Network to ensure your time and money are
best put to use.
The micro-markets are
best differentiated by the teams on the ground, either the property managers or
turnkey providers, to be able to explain the differences between locations and properties.
My goal isn't to throw
turnkey providers under the bus (again, occasionally they will have some great inventory) it's to encourage investors to educate themselves
better, think through the business model and use this to your advantage to make sure you're buying a property that fits your needs and wants exactly.