I spend a lot of time talking to turnkey property investors about what investors need to keep an eye on in order to avoid missteps and downfalls with their turnkey investment. In the past I have talked a lot about turnkey due diligence on this channel (see the resources linked below) but today I want to share with you one particular situation that I witnessed this year with a turnkey provider and walk you through the places where I saw the turnkey investors involved handle it incorrectly.
Ready to dive deeper? Be sure to check out the resources from today’s video linked below.
🏠 Risks of Buying a Turnkey WITHOUT Tenants https://youtu.be/JeS9ptlXOow
🏠 What is Turnkey Due Diligence? https://youtu.be/QYOA39f1QbM
🏠 How to Confirm the Numbers on a Turnkey Pro Forma https://youtu.be/KYJkuutnL6U
🏠 Why Rentability is Critical to Success https://youtu.be/WYA57SaGgy0
Are you interested in learning more about real estate investments and turnkey rental properties from an industry expert? Be sure to subscribe to this YouTube channel and hit that notification bell so that you can be the first to know when I upload a new video.
For even more real estate investment tips, pick up my book on Amazon and check out more of the great resources linked below.
📚 NOT Your How-To Guide to Real Estate Investing: Life Lessons on Hacking Your Mind Before You Hack Your Wallet* https://amzn.to/3gLGRh1
📱 7 Rookie Real Estate Investing Mistakes & How to Avoid Them (FREE Digital Download) http://b.link/7-rookie-mistakes
🤝 Join the EXCLUSIVE Turnkey Rental Properties Facebook Group http://b.link/Turnkey-Properties-Facebook-Group
and find me online with Hipster Investments at https://www.hipsterinvestments.com the GO-TO website for turnkey rental property investing!
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Short on time? No problem. Feel free to skip ahead in this video using the chapter links below.
00:00 Mistakes Turnkey Investors Make
02:19 Real Life Example: Understanding Risks
05:00 Three Mistakes Investors Make
05:30 Being Proactive with Property Managers
08:36 Doing Due Diligence on Pro Forma Numbers
10:00 Turnkey Property Rentability
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