Top 10 Reasons to Invest in Turnkey Rental Property is a video by http://discountpropertyinvestor.com/ which accompanies a blog post found at. : http://discountpropertyinvestor.com/blog/10-reasons-you-should-be-investing-in-turnkey-rental-property-across-the-country/ Excerpt from Blog : 1 Turnkey Rental Properties Provide cash flow from the day you buy them: The first day you buy a turn-key it will have a tenant in place paying rent. You don’t have to plan a rehab or find a tenant. 2 It is less work than a normal rental: Turn-key properties are already rented, already managed and repaired. You don’t have to find contractors, property managers, inspectors, agents, or tenants. 3 Turnkey Rentals are Easy to find: You can find and buy a turn-key property very quickly from a turn-key provider. Turn-key companies can have a large inventory of turn-keys because they are providing cash flow and providing them a steady return on their money while they own the properties. It is important to select a trustworthy provider. To purchase turn key rentals in St. Louis Click Here. 4. They Provide an above average return: Most turn-key rentals provide returns from 10 to 15 percent or more. That return begins right away and usually takes very little work to maintain, because a property manager takes care of the house for you. 5. Provide diversification: Buying turn-key rentals gives you diversification in your portfolio. 6. Provide diversification: This is not a typo or repeat, after you build a portfolio in one city we suggest you invest in another to add even more diversification to your portfolio and to your real estate. Even if you started in your backyard, we suggest expanding your portfolio to 2-3 markets depending on the number of properties you own. Don’t spread your resources too thin, around 5-100 properties per market would be ideal. As in your own backyard, the key to your success will be a reliable property manager. 7. Can be bought for cash: It is often difficult for foreign investors buying properties, to get financing. Turn-key rentals can be as cheap as $30,000 making it easier to buy with cash. 8. You can invest your existing retirement savings: You can invest a self-directed IRA or 401k into turn-key rentals. I discuss this with Patrick Hagen of the Entrust Group on the Plan Prepare Invest Podcast. Listen Here for more details (http://www.stitcher.com/s?eid=42128128&refid=stpr) 9. You maintain control over your Investments: An often overlooked benefit of owning turnkey rental property is you have a great deal of control over them which increases over time. You choose the location of the properties, the actual properties, the property manager, how much rent to be charged. Unlike the investing in the stock market where you have no control over the company you are invested in or the price the shares of stock will trade for. 10. They can help Decrease your tax bill: By owning rental real estate you are opening up a large variety of tax deductions. Rental properties can decrease your taxable income while increasing your actual income. (Please consult with your CPA before making any investment decisions.) Thank you for Watching feel free to contact me at : 314-492-3833 Ext 007. Visit http://discountpropertyinvestor.com/signup-3/ to subscribe to our blog and access properties.
Visibility: 496
Duration: 9m 3s
Rating: 5