Investing in real estate should mean that you’re earning passive income. You’re not breaking your back to get your paycheck—granted, some investors like to get more involved: flippers, wholesalers, even landlords. But we’d argue that these are really jobs, investments of time as much as they are investments of money.
AND they take up a lot of time. For the investor looking to earn passive income, however, you know that you can be passive. Turnkey real estate investing, for example, offers an avenue where you don’t have to be involved in the daily details of your investments.
The best Turnkey companies, well - let me be more frank here and say that Memphis Invest is one of only two companies that do this - will have a fully dedicated team to support investors with timely updates on their portfolios. Those updates are important in keeping that investment as passive as possible.
Real estate investing does not have to be hard and it does not have to be time consuming, but much of what makes it passive is that team. If you've picked the right team, then they will make you feel comfortable with the passive nature of this investment and help you understand a key point.
Even the most passive real estate investments take some work.
Turnkey real estate is about as passive as passive gets. But if you want to be successful in turnkey real estate, there are some things you still have to do. There are some places you’re going to have to get in there and get your hands dirty.