In this episode of Investor Talk Radio I go over the steps I think someone might consider when they are deciding which Turnkey real estate provider they should work with. Craig Jennings of Buy Memphis Now is my co-host on this episode and offers his thoughts on the steps one might consider when making such an important decision. Some of the steps I feel are critical are:
Identify your RE goals / criteria along with available funds, monthly cash flow and ROI
Identify which markets offer the above mentioned
Do you feel comfortable with the cities that you have identified that meet the criteria
Start to identify the turnkey providers in your market range
You want to make sure your turnkey providers can meet the following criteria:
Do they have an actual office building and could
you go to their office in person
Do they actually own property in their market
Do they live in the city where hey are offering their services
Do they offer in-house management ( not as critical if the mgnt company is credible )
What is their reputation