What is a Turnkey Property?
Our expectation for a turnkey property is a home that has been rehabbed, leased to a tenant, and has all the systems in place for management to take care of any item that comes up.
There are many working components to a turnkey property. Licensed and professional property management is in place to screen tenants, take phone calls for repairs and handle the accounting. There should be no land lording involved on the owner’s side.
Lastly, to ensure the success of a turnkey rental property we do extensive research throughout the U.S. to find the markets that offer the best combination of cash flow, equity & appreciation potential. We choose to invest in markets that have stable economies along with a strong potential of growth.
RentToRetirement expects a turn-key property to be renovated with professional management in place. A tenant with a signed lease and the property is located in a growing economy. This allows for the investor to maximize their potential for cash flow and long term wealth creation. Enjoy all the benefits of real estate investing without all of the headache!
You will not have to find nor fund your own team! We already have them in place! We have contractors available to do work on the properties prior to closing. We have professional management teams that will source, screen and place your tenants for you. They also handle the day to day operations including things like maintenance requests, rent collection, as well as providing you with monthly statements. You can rest easy knowing that someone else is getting that late-night call from the tenant with an after-hours request! Investing in real estate does not have to be overly complicated. Investing out of state where the numbers for many people make more sense does not have to be so daunting.