Why Invest in a Turnkey
Low Purchase Cost
Purchasing a residential rental investment is typically the lowest entry point to have 100% ownership of an investment property. Using a conventional loan and placing downpayment you can buy an investment for as little as $20,000. This is significantly cheaper than coastal markets where your downpayment can easily be $100,000+ for a property that doesn't produce as much net income per month.
We acquire properties at a discount, below the market value because the previous owners did not keep up with the necessary repairs and updates over time. We bring in our own general contracting team to evaluate and renovate the house to a standard that commands a strong rental income and quality tenants.
Immediate Cash Flow
The beauty of this investment is that it is already professionally managed and is producing monthly rental income. Once you purchase a property and take ownership YOU will receive the benefit of immediate rental income from day 1 as direct deposit into your bank account.
In House Property
One of the most important aspects of owning out of state rental properties is choosing the right management company. We have the process down to a science since we own and operate our portfolio and properties of our clients. Our values of integrity, communication, and respect are displayed when we select tenants, negotiate rents, collect rents, perform routine internal and external inspections, and make maintenance repairs.
We handle all the dirty work so your rent is paid on time and in full.
We are proud and excited about our product because it gives you access to all the benefits of the 3rd largest city in the US, Chicago but it performs like an emerging market. These passive rental properties produce a higher return on investment that tops many other providers of single-family home turnkeys.
We have done all the heavy lifting so you can sit back and let your money work for you! This purchase will truly be a "passive" investment. We identified the value add property, purchased it, renovated and restored it to its glory, then rented it out and are currently collecting rental income monthly.
Why Turnkey Single Family Investments?
The first question you may have is, why purchase a turnkey home? We will be the first to say that turnkey is not for everyone. Turnkey is not for individuals looking for the lowest cost of entry into owning real estate. There is a premium that comes with purchasing a turnkey property from us, not because of an inflated margin, but because as a turnkey buyer you are purchasing a complete product and service that gives consistent cash flow. This consistent rental income can only be obtained when buying a property that is rehabbed correctly and has the right curb appeal for the renter. When we acquire a property, our rehabs are very extensive so that we can offer homes that will minimize maintenance for the first few years, thus maximizing cash flow.
Providing our investors a home where we cut corners, ignore deferred maintenance items, install cheap builder grade products, leave older roofs on homes or leave an HVAC system beyond its lifespan, just so we can offer a lower-priced home with higher ROI, is not in the investor’s best interest. We believe in under-promising and over-delivering that's why we put in so much work upfront so the property will produce income for the long term.
Who is a Turnkey Single Family Investment For?
Turnkey is designed for those who want to own cash flow real estate, but do not have the time, expertise or desire to find a market, analyze properties, perform property acquisitions, finding a crew and rehab, become a market expert, financier or landlord that comes with a huge set of rolls. Turnkey also a perfect investment for people living in markets where cash flow opportunities do not exist because the pricepoint is too high (Los Angeles, NYC, D.C., Seattle, Boston, etc). This business model and investment was created for investors who want hands-off monthly income through cash flow properties.
Our ideal passive investors are:
Health Professionals (Doctors, Nurses, Dentists, etc)
Individuals who have worked for a major company for over 10 years.
Anyone who doesn't have the time to learn what it takes to execute a real estate investment
Once you decide that turnkey is for you, then a team and company philosophy is the next point to consider. We believe we have the right philosophy and team to help you meet your real estate goals.