When you think about your real estate investment career, what’s the one thing you think you couldn’t live without? Think hard.Is it your capital? Your connections? Your credit score? Real estate investment comes in so many different flavors that’s it’s hard to say what the number one most important part of it is. What someone could manage without you might not be able to. But for turnkey real estate investors who rely on a more hands-off real estate investment model, what you couldn’t survive without is pretty clear cut.
It’s a reliable property management team, plain as day.
Even real estate investors who aren’t turnkey...they just aren’t landlords...would probably contest that they couldn’t do it without the help of their property managers. After all, someone has to be there, hands-on, taking care of all of the day-to-day, nitty-gritty details.