In this episode of
Investor Talk Radio I go over the steps I think someone might consider when they are deciding which Turnkey real estate provider they should work with. Craig Jennings of Buy Memphis Now is my co-host on this episode and offers his thoughts on the steps one might consider when making such an important decision. Some of the steps I feel are critical are:
- Identify your RE goals / criteria along with available funds, monthly cash flow and ROI
- Identify which markets offer the above mentioned
- Do you feel comfortable with the cities that you have identified that meet the criteria
- Start to identify the turnkey providers in your market range
You want to make sure your turnkey providers can meet the following criteria:
- Do they have an actual office building and could
you go to their office in person
- Do they actually own property in their market
- Do they live in the city where hey are offering their services
- Do they offer in-house management ( not as critical if the mgnt company is credible )
- What is their reputation