How to Buy Turnkey Rental Properties
Frequently Asked Questions
How Are You Different From Other Turnkey Rental Property Providers?
- We focus almost exclusively on new build rental properties. When we founded our company in 2016, we sold rehabbed 50-100 year old properties, but found we were not serving our investors the way we wanted as these type of properties have constant maintenance, repair and CapEx issues. What looks good on paper doesn't perform in the real world when your cash flow disintegrates from issues lurking behind walls, underground, and old foundations.
- New Build Multi-family gives you not only the peace of mind of little to no repair and CapEx items but also multiple streams of income to keep your investment profitable should you lose a tenant.
How Does The Buying Process Work?
- We are a privately held company, and insist on doing business with investors who appreciate us for our systems and transparency.
- For new builds, your only decision is to select your lot, and then place your deposit to reserve it. Once the builder breaks ground, you will get periodic progress updates, and then you'll close once it's had its final inspection and our preferred property management company will market and lease it up quickly.
- Nearly all investors who purchase from us, start off by subscribing to our “Insiders Club” email list. Being on that list notifies you of deals as they arise, and gives you further insights into how things work in our markets, and further education in the “buy and hold” arena. If you’re not already an “Insider,” you can enroll HERE.
Do You Have Financing Available?
- We have many excellent Strategic Relationships with Private Lenders in our network. Reach out to us to set up a call, and we will be happy to make recommendations based on your individual needs.
- The most popular lending product is the All In One loan, that works like a line of credit and gives you incredible flexibility to better control your interest payment. Nicole Hoss, our Investor Concierge, will guide you through the lending process.
What Types Of Properties Do You Have Available?
- We offer investors many choices, depending on where they are in their investing journey…
- Our primary product is new build duplexes, designed specifically for rental class. We call it the Trifecta of real estate investing, because you get great positive cash flow, faster than market appreciation, and massive tax offsets. These are built for low maintenance and high returns. Click here to view our latest Investor Webinar.
- Fully rehabbed, rent-ready (and sometimes already tenanted) Turnkey single family homes and duplexes in stable, working class neighborhoods… primarily in Alabama.
- Self-storage syndicated investments that have produced 20% + returns over the past 12 years. Our partner has completed 178 straight facilities without ever losing investor capital. For Accredited investors only. Click here to view the latest Investor Webinar.
What Criteria Do You Use For Rental Property Investment Opportunities?
- The properties must be in growing US markets, where there is a diversified economy.
- The properties must be able to produce a healthy, positive cash-flow.
- The properties must be identical to what we invest in ourselves.
Do You Offer Professional Property Management on Turnkey Rental Properties?
- Yes, we partner with fully licensed professional Property Management teams that have extensive experience in the markets that we service. Working together, we have developed systems with extremely low vacancy rates, and very aggressive time-to-rent schedules.
- In certain markets and with very specific property types, our management teams will manage Short Term and Medium Term Rentals, as well as Long Term Rentals.
- Our Property Management team’s sole focus is servicing private investors. There are systems in place that are unavailable through other management companies.
- You’ll have access to an online portal that is the best in the industry… giving you complete transparency and full access to all activities related to your investment properties.
- Although we recommend using our partners, you are not obligated to use our property managers, past your initial contract period. Our management partnerships allow your investments to be as hands-off and profitable as possible.
What Benchmarks Can I Expect For Your Properties?
- The property has been specifically acquired and rehabbed systematically, to achieve optimal rents and performance.
- The property is in a solid, stable neighborhood.
- The property has been inspected by a licensed 3rd party inspector
- The property has been renovated to exacting standards, and any pertinent remaining items on the independent inspection report have been cured.
- There is an additional layer of Quality Control to make sure that the property meets proper habitability standards.
- The property is cash-flow positive, even with most leveraged situations.
- The property is under professional property management.
- The property’s rental income is deposited to the owner’s account automatically
- The property’s performance, including all rental and repair activity, can easily be accessed and tracked through an online portal.
Do You Offer Volume Discounts?
- YES! If you are buying 3 or more properties, all closing at the same time, please let us know, and we’ll reward you with special pricing considerations.
