What To Expect When Buying A Turnkey Rental Property | PREI 069
b'On today\\u2019s show, I have one of my senior investment counselors, Steve. And we will talk about what to expect when buying a turnkey rental property. We answer a lot of frequently asked questions here. All of our clients, whether they\\u2019re new or fully seasoned investors, have certain questions and expectations.\\xa0They all want to know what the next step is, what to do at a certain point, what to do in certain situations, and how to move the deal along. We have certain answers for all these situations.\\n Turnkey Rental Property Investments | What You Need to Know In this article:\\n Turnkey Real Estate Investing Basics\\n hat Real Estate Investors Need to Do\\n What is a Turnkey Property?\\n Appraisals in Turnkey Real Estate Investing\\n Inspections and What to Expect with Them\\n Three Types of Repairs\\n Turnkey Investment Properties and Repairs\\n Turnkey Property Investment Closing Timeline\\n How to Communicate with Service Providers\\n What to Expect with the Lease Status of a Turnkey Investment Property\\n How to Select a Turnkey Property Investment\\n Your Responsibilities as a Turnkey Property Investor\\n What Does a Real Estate Investment Counselor Do?\\n How Norada Real Estate Gets Compensated\\n Turnkey Real Estate Investing Basics Turnkey investment properties aren\\u2019t a set-and-forget kind of deal. Some people think they can \\u201cflip\\u201d a rental property and have it move-in ready after a week of repairs. That\\u2019s not always true. Turn-key real estate is a long-term investment. It\\u2019s for those looking to build their passive income over time. If you want to keep things smooth, you\\u2019ll have to learn how to build a long-term relationship with appraisers, inspectors, turn-key property management firms, and other providers.\\n What Real Estate Investors Need to Do New real estate investors think they don\\u2019t have to do anything to make passive income. That couldn\\u2019t be any less true. When you\\u2019re looking at turn-key property, you need to understand that you have responsibilities as an investor. This is the key to generating real wealth in real estate.\\n \\xa0\\n In this episode, we\\u2019ll talk about your expectations as a turnkey property investor. We\\u2019ll also discuss your roles and responsibilities. And we\\u2019ll\\xa0 talk about the best ways for you to engage with a turnkey company to help you make the most out of your investments.\\n If you missed our last episode, be sure to listen to How Trump\\u2019s Presidency Could Affect Real Estate Investing.\\n Enjoy the show!\\n \\u2013 \\u2013 \\u2013 \\u2013 \\u2013 \\u2013 \\u2013 \\u2013 \\u2013 \\u2013 \\u2013 \\u2013 \\u2013 \\u2013\\n Download your FREE copy of: The Ultimate Guide to Passive Real Estate Investing.\\n Get your FREE coffee mug by leaving us a Rating and Review on iTunes. Here\\u2019s how.\\n See our available Turnkey Cash-Flow Rental Properties.\\n Please give us a RATING & REVIEW (Thank you!)\\n SUBSCRIBE on iTunes | Stitcher | Podcast Feed\\nLearn more about your ad choices. Visit megaphone.fm/adchoices'