By: Jeremy Veldman Some of you are still hesitating about whether or not to buy an investment property. It can be scary to buy a property out of state in a city/market where you don’t live and aren’t familiar with. Some of the obstacles in your mind are: what happens if the property doesn’t rent … keep reading
By: Alex Craig Recently we had an individual reach out to us asking us if the reason why we never have any cheap deals under $60,000 (also known as C class in our industry) was because there is no money to be made in that space. He was certainly surprised when I told him that … keep reading
By: Alex Craig Recently a forum was started on Bigger Pockets posted by an individuals just getting started and considering Turnkey Real Estate Investing. For those of you not familiar with Bigger Pockets, it is a fantastic social network website that is 100% dedicated to Real Estate Investing; I high recommend everyone join as the … keep reading
We’ve gotten a lot of questions from clients about the cost to turn a property- the so called “Get Ready” costs. Basically, when a tenant moves out and a property goes vacant, how much does it cost to “get the property ready” for the next tenant? Typically after 1 year, the cost is about $1,000 … keep reading
In speaking to the investors we encounter throughout the Turnkey Business, there is one thing they all want- cash flow. We all want as much cash flow as we can on our properties, but not all of us gets it. Sometimes nothing more than bad luck is the reason for poor or negative cash flow. … keep reading
So you wanna be a Real Estate Investor? You’ve spent the money to attend several seminars, weekend boot camps, coaching programs, and other various educational events to acquire knowledge from the “experts.” Some of these events were worthwhile, some were not. In either case, the gist of these programs is to teach you the systems … keep reading
I’m often asked by investors about diversity in Real Estate Investing. “Should I buy in multiple cities to spread out my risk or should I stick to one or two markets?” they ask. Diversifying into multiple cities seems like sound investing logic- after all, you’d do this if you were investing in stocks, bonds, or … keep reading
In my last two articles I discussed why the area is more important than the house and I discussed the dangers of over emphasizing the returns on a Pro Forma. In those articles, I have determined the importance of a well-renovated home in a great area which, in essence, is what Memphis Turnkey Properties and … keep reading
As a turnkey provider in Memphis, TN where cash flow is king, I have been very fortunate to be able to meet and provide cash flow properties to hundreds of investors across country and the world. When I first got into the Turnkey Real Estate business in 2008, most of the investors we worked with … keep reading
Last week I discussed the common investment problem of overemphasizing the Pro Formas over the strengths of the areas where the investment properties are located (a situation that causes a lot of investors to shoot themselves in the foot). The gist of this discussion was to raise the question- “What is more important, the house … keep reading
