Everyone wants to make the most of their money. Perhaps you’ve looked into investing in different types of funds, or maybe you’ve even talked to an advisor about how to grow your wealth. But have you considered turnkey properties? In 2016, over 1 million of the houses purchased were bought for the purposes of financial investment: with the help of Jason Hartman real estate, you can make an investment in turnkey properties make money for you, too.
What Are Turnkey Properties?
A turnkey property is a home that is completely ready for inhabitants. When you buy a turnkey property, there are no necessary updates or remodels that need to happen before someone can make the house their home. The common difference between move-in ready homes and turnkey homes is that when you buy a turnkey property, you’re not planning on living in the house yourself. To make the most of a turnkey property, you should have a tenant (or tenants) lined up and ready to move into the house as renters as soon as you finalize your purchase. But with a turnkey property, you probably won’t have to do all of the work yourself.
What Will Turnkey Properties Look Like in the Future?
Turnkey properties are popular real estate investments today, and experts predict that they will continue to be so through 2020 and beyond. In fact, with the expansion of cities around the world, there will likely be even more turnkey property investment opportunities in the coming years. If you’re looking to diversify your investment portfolio and move into real estate investment, purchasing turnkey properties today with the help of Jason Hartman may be the ideal way to plan for your future.
What Are the Benefits of Investing in Turnkey Properties?
One of the biggest benefits of turnkey properties is that the setup makes you money with minimal involvement on your part. You buy the property, make any necessary renovations or changes, and then sit back, relax, and collect those rent checks. Because another group (probably the turnkey provider) will actually manage the property, chances are high that you’ll never even meet your tenants—you might never even see your property in person. Turnkey properties also often require very little up-front work before you can get the renters renting. There might even be renters already set up or for you, making purchasing the property your only obligation before you turnkey property starts making money. There are even more benefits to investing in turnkey properties. You don’t do much up-front work, you don’t have to manage the property on the ground, and there will probably be a warranty that protects you from having to pay to fix major issues with the home, like the heating or plumbing at least during the warranty period.
What Should You Know Before Investing in Turnkey Properties?
Making an investment in a turnkey property is a potentially great financial decision, but it’s important to go in with your eyes open. If you’re investing in a location you’re not familiar with, make sure you do your homework before purchasing: your chosen location may require specialty insurances or have unusual vacancy rates. Working with Jason Hartman and his team of real estate investors is the perfect first step in making sure that you don’t fall prey to any novice turnkey property dangers.
Should You Invest in Turnkey Properties?
At the end of the day, the decision to invest in turnkey properties is in your hands. Investing in turnkey properties is a great way to safely diversify your investment portfolio, especially with the help of Jason Hartman. Visit jasonhartman.com today to schedule your initial consultation and chat about your financial future, real estate investment opportunities, and more.