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Turnkey Real Estate Investing

4 min read

Passive Investment for Your Retirement: Turnkey Real Estate 101

Sat, Oct 14, 2017

turnkeyrealestateinvestment-savingforretirement.jpgMore and more, we’re growing increasingly uncertain about the future. We don’t live in a world where people stay in the same careers for 30, 40 years.

We don’t live in the same cities. Change is a part of life, and there’s a certain level of excitement—and anxiety—that comes about with that.

The younger generation—and not so young, as older millennials are well into their 30’s—are struggling to find where their financial security rests.

Stable retirement plans aren’t certain when lifelong careers are no guarantee, and savings aren’t what they used to be, either.

Where does it all come from when it feels like there no room left for the luxury of retirement?

Boy, do we have good news for you.

Real estate investment is the key to building up a strong financial future. Not just for your retirement. Not just for your now. But even for the next generation!

But wait, you might say—isn’t investing in real estate a lot of work? Like, a lot a lot of work? Surprise, it really doesn’t have to be. You might be used to seeing flippers on HGTV or hearing horror stories about landlords suffering through 3AM calls from terrible tenants, but that’s not the reality for passive real estate investors.

You can choose to make money in real estate without the heavy lifting.

Is Turnkey Real Estate Investment Too Good to Be True?

How It Works (In General):

Turnkey real estate investment lets you “turn the key” and purchase rental properties that are ready to generate positive cash flow. You don’t have to worry with renovating a terrible property or dealing with a thousand logistics that might make your property a dud. The turnkey investment company you choose to work with has already done their research—they’ve vetted the neighborhood, investigated the area, ran the numbers, and made sure that your property is poised to be prime for generating rental income.

Some companies renovate before you buy, others let you customize what renovations you want, and handle the process for you. Others already have a tenant when you step in, so you start earning income right away!

From there, the turnkey investment company either has in-house or outsourced property management who handles all of the daily ins-and-outs of managing your investment properties. They’ll give you regular updates and reports—and your paycheck!

Top 3 Turnkey Real Estate Pros

You Don’t Have to Worry About the Details

In turnkey real estate investment, your investments really are as passive as it can be. They don’t have to take over your life, your free time, your job, or anything else if you don’t want them too. Yes, you have new responsibilities. Yes, there’s due diligence involved. You’re steering the ship! But overall, you let your managers handle the details.

Market Access is Yours

If you live in an area where the real estate market is unaffordable or highly competitive, you might think there aren’t many opportunities to invest in real estate. That’s where turnkey real estate comes in! With the help of a turnkey company, you can invest in virtually any market. There are more affordable real estate markets ripe with opportunity out there—just like ours! We have opportunities waiting for investors in Memphis, Dallas, and Houston.

A Reliable Way to Build Your Retirement

Real estate is one of the most reliable, time-tested investments out there. Sure, people will continue to turn to stocks and bonds. They’ll try to invest in gold or whatever the hot asset-of-the-year happens to be. But real estate will always be the investment that beats them all! There will be ups and downs, but real estate always recovers—and relatively quickly!

There’s a reason people keep investing in real estate. It’s because it works.

All you have to do it get started. You don’t have to wait until you’re old enough or have enough or until you’re at this point or that point. Just do it. You can start securing a financial future now.

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Chris Clothier
Written by Chris Clothier

Entrepreneur, writer, speaker, ultra-endurance athlete, husband & father of five beautiful children. Chris puts these natural talents on display every day. As a partner at Memphis Invest, Chris addresses small and large audiences of real estate investors and business professionals nationwide several times each year. Chris is also an active writer, weekly publishing real estate, leadership, and endurance training articles.