For someone looking to invest in real estate, there are generally two options: Finding a property to fix and “flip” for a quicker profit, or purchasing a home with the intention of holding it for a longer period and establishing it as a rental. We’re here to help with this second area at Americas Housing Alliance, but keep in mind that there are multiple designations within it as well.
In particular, while some landlords are interested in being highly involved in elements like tenant screening, rent collection and maintenance, others aren’t, and we have solutions available for both. Turnkey real estate investing is the perfect type for landlords looking to minimize the time-consuming chores of rental management – how can turnkey rental properties potentially benefit you? Let’s take a look.
The primary benefit of turnkey investing for many people is how much simpler the process becomes. It’s advisable to do some research on rentals in the target area and remain informed, but if you’re working with a reputable company like Americas Housing Alliance, the chances of buying the wrong property are very low. Under turnkey investing, we handle property service items like maintenance and rent collection so you don’t have to.
A new turnkey property will often provide cash flow from sitting tenants as soon as the purchase is finished. If the home is vacant, chances are we can find tenants more quickly than you can on your own.
Even if you’re in a new city you aren’t familiar with, turnkey solutions allow you to invest confidently, and with the knowledge that your property is being properly maintained to local area standards.
Many owners for turnkey rental properties see between 10 and 15 percent return on investment, a fantastic return considering the relatively little amount of hassle on your end.
For people looking to break into real estate, turnkey investing can be a perfect way to do it. You get the guidance of our experienced professionals to help you learn certain dos and don’ts in the industry, and you can start a nice little nest egg with your expected profits.
To learn more about any of our turnkey rental property solutions, speak to the brokers at Americas Housing Alliance today.