Turnkey Real Estate investment in simple terms is purchasing an investment property which is already producing a steady flow of income. It involves purchase, rehab (or construction) of an existing property, leasing it out to tenants and finally sale.
The buying of a house or condo involves many steps. In this case, the real estate company starts scouring a list of prospective tenants on the basis of location, price or the condition of property.
A few advantages of Turnkey Investment are:-
- High Return on Investment (ROI) in case of high quality properties.
- This also means no or almost nil repairs.
- Since the property is high quality, investors will be able to sell it in short time.
We at Malkin Properties Inc. have 30 plus years of experience and a fabulous team that allows our investors worry free out-of-state ownership for quality turnkey investment properties Pittsburgh.
No comments:
Post a Comment