Joe has invested in both local rentals, that he self-manages, and out of state turnkey rentals. The turnkey rentals were fully rehabbed, had a tenant in place, and property management was provided by the turnkey company.
On this episode, Joe shares his experience with buying turnkey rentals and shares how they have actually performed for him.
He also shares the minimum price to rent ratio an investor needs to be profitable with turnkey and the number for a self-managed property.
Rental Income Podcast With Dan Lane