TURN-KEY OR DIY: PURCHASING RENTAL PROPERTIES THAT MAKE SENSE FOR YOU TRACY ROYCE
f you’ve chosen to go down the path as a buy and hold real estate investor, an idea you’ve probably been
proposed is to purchase turn-key properties. Meaning, properties that have been completely renovated,
have tenants already placed, and professional property managers plugged in.
The major distinction between this type of purchase vs. a distressed sale, is seemingly in the discount you can
attain. The general thought around turn-key properties is that, they come at a premium, and are being sold on
thinner margins than if you found the same deal and did the rehab, tenant placement, and management yourself.