Turnkey Investment Properties are residential or commercial real estate properties that are fully renovated, in good condition, and ready for immediate occupancy by a tenant. The term “turnkey” comes from the idea that the new owner or tenant can simply “turn the key” and move in without having to make any major repairs or improvements.
Turnkey investment properties are typically purchased by investors who want to earn cash flow through real estate. Spartan Invest provides turnkey investment properties that are sold with all necessary permits, inspections, and certifications in place, making the process as smooth as possible for the buyer.
As an investor, you can choose from a variety of opportunities, one of which is real estate. Turnkey real estate investing offers advantages unavailable with most other investments, including:
Rental property has historically increased in value, with values doubling every ten years in many markets. Coupling steadily increasing property values with the cash flow generated from steadily increasing rents provides the investor with an excellent opportunity to reap meaningful returns with less risk than other commonly available investments. Contact us today to start investing in turnkey rental properties!
Choosing the right turnkey provider is crucial for an investor to ensure a smooth and successful experience. Here are some factors to consider when evaluating turnkey providers.
Evaluate the provider’s reputation, track record, and experience in the real estate market. A strong market presence indicates a higher likelihood of success in delivering high-quality turnkey properties.
Assess the property selection process and criteria, ensuring they focus on acquiring high-quality properties in desirable locations with strong growth and rental income potential.
Investigate the quality of the provider’s renovations and construction work, including materials used, the past scope of works, and any audits performed.
Take a deep dive into the property management services offered by the provider. Consider each phase of the process and ask about fees, procedures, and key performance indicators to gauge their success.
Choose a turnkey provider with open communication and excellent customer service, willing to answer questions, provider regular updates, and address any concerns throughout the investment process.