Investing is a real estate is a great way to grow your wealth. Real estate investing tends to provide better returns than the stock market, allows you to leverage your cash, and can offer you tax benefits, among other advantages.
Most of the time though in order to become a successful real estate investor, you need to learn the market so you can make sure you purchase the right property. Depending upon what you buy, you may need to make minor to significant repairs. Then once the property is ready to go, you’ll need to find and screen a tenant. And once you’ve got the tenant, you’ll need to manage the property until you sell.
Sure, you can outsource parts of their process by using a Realtor that works with investors, hiring a contractor, and utilizing a property management company, but it’s still a very hands-on process with no guarantee of success.
But if you’d like to reap all the benefits of real estate investing without becoming a landlord or learning how to retile a bathroom, turnkey real estate investing could be the right strategy for you! Here’s how turnkey real estate investing works: rather than handling everything yourself, you work with a company to purchase the home, get it ready for market, find tenants to live in it, and manage the property. You just sit back and collect passive income from the property while the company does all of the hard work for you.
While our real estate investment program is a bit different from other turnkey real estate companies, there are plenty of similarities. And if you’re looking to get started with real estate investing, here are six reasons why you should seriously consider the turnkey real estate model:
1. Earn Recurring Income Without the Headache
One of the best reasons to invest in turnkey real estate is that it allows you to earn recurring income. When you work with us, we take care of all the hard work so you can sit back and enjoy a 12-15% cap rate! We make sure you receive your payments, take care of your property, and handle relations with the family who buys your home on owner financing. In short, turnkey real estate allows you to be an investor instead of a landlord. No more midnight emergency calls!
2. Invest in Any Market
When you are an active real estate investor, it’s up to you to go out and learn the market so you can make a wise investment. That means that most investors end up investing where they live, which limits their portfolio.
But investing in turnkey properties allows you to purchase in any market. You can leverage our market expertise and knowledge to purchase a home that we have already selected and vetted from the bank without investing the time and expense to do it yourself.
3. Less Competition to Purchase
Unlike most real estate transactions, turnkey properties almost never make it to the Multiple Listing Service (MLS). They are sold in-house to the turnkey real estate company’s list of investors. That means you have less competition to purchase the property and almost never have to enter into a bidding war to get the home.
4. Learn the Business of Real Estate Investing
If you are new to real estate investing, turnkey real estate offers a great introduction to the business. It allows you to learn the ropes of how things work without having to be directly responsible for all the decisions. In particular, Equity & Help’s unique investment program allows you to be as active or passive as you want! As you learn and become more educated, you may wish to assume a more active role in your investments and our program supports that.
5. Start Earning (Almost) Right Away
Turnkey real estate investments allow you to step in and start earning almost right away. We buy homes below market value and then do a small pre-hab of the property to get it ready for market. This saves you money on your initial investment and when we place a family in the home, you start earning right away.
6. Help People
Equity & Help is different from other turnkey real estate companies because we are focused on helping people get into homes while allowing our investors to grow their capital. We call our investors “Real Estate PhilanthroInvestors” because of this. So when you invest with us, you’re not only helping your own bottom line, you’re changing lives, too!
If you would like to learn more about the benefits of turnkey real estate investing and in particular how Equity & Help can help you grow your capital, give us a call at (844) 552-8828!