What’s my role as a turnkey investor?
To be a turnkey investor, or not to be a turnkey investor?
The role of a turn key investor is similar to that of someone who puts their money into a mutual fund or other long term investment. It is a passive role. This is not an investment that requires constant analysis and decision. Instead, it is a smart investment meant to make the investor wealthy over a long period, with little need for them to invest their time into it. You can think of it like a mutual fund: You purchase stock and hire someone to do the actual work and decision-making for a small fee, but their expertise allows your gain to be greater. Most investors are competent enough to do all the work that goes with maintaining a rental property. But at the same time most of our investors find that their time is better spent on their careers, hobbies, and family. The great thing about a “turnkey” rental is that it allows this to happen. There are no daily, weekly, or many times monthly responsibilities.
Our goal is to provide a seamless investing experience. First, we will work with you to find a suitable property. Our team then handles the rehabilitation of the home. After the rehab, we facilitate the purchase of the property. Our additional responsibilities include peripheral tasks such as maintenance, management, and renter placement. If problems ever arise, we are always available to help.