Sentences with phrase «hold turnkey properties»

Not exact matches

In my conversation with Josh Weidman, who is an experienced property manager, buy - and - hold and fix - and - flip investor, and currently operates a successful turnkey real estate company, he provided his best real estate investing advice ever, which comes from the knowledge he has attained through an accumulation of his many experiences, positive and negative: you've got to live and die by the numbers!
This a turnkey opportunity with all the fine art included in the sale, and the property is held in a corporation.
We have one buy and hold property that was purchased as a turnkey with minor upgrades.
Not trying to be snarky here or ruffle any turnkey people's feathers, I'm genuinely interested in learning what each party gains from an arrangement like this and specifically what's in it for the turnkey company and why not just hold the property and keep all the profit?
We're talking about $ 25k - $ 50 deals here so low barrier to entry, the sales commissions / management fees can't be that great for the turnkey company and I'd expect a legit company to be capitalized such that they could buy and hold those properties themselves.
A lot of turnkey companies don't have the capacity to keep holding properties as buying, renovating, and holding properties can be capital - intensive and some of these companies manage and sell hundreds of properties.
So, would you recommend purchasing Turnkey property in the San Antonio, Dallas, or Houston market, for a 5 - 10 year hold?
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