It’s no surprise, but we love real estate investment. Specifically, turnkey real estate investment. Yes, we like to be realistic about the challenges that can come with this business, but make no mistake—it’s our passion.
We’ve been in this business for a long time, and despite all the many challenges and struggles that come with the industry, we can’t help but be head-over-heels for turnkey real estate. Why? We’ll tell you.
Our Top 10 Reasons to Love Turnkey Real Estate Investment
1. It’s a Real, Physical Investment
Real estate, unlike so many other investments—stocks, bonds, you name it—is real. It’s physical. You can see it, touch, drive to it. There’s something comforting in its tangibility. Sure, there’s some risk involved in that. It means it demands upkeep and it can also be damaged. But it’s not just some line jotted down on a piece of paper. It’s right in front of you, it’s something you own and can see and do with what you will.
2. You Have Control
With other investments—again, stocks, and even other types of real estate investments, you don’t really have all that much control. With stocks, you’re at the mercy of the ebb and flow of the stock market. Some crowdfunding endeavors, REITs, and other investments, you throw your backing into the ring and don’t have all that much say afterwards. You just have to hope things turn out for the best.
Not so with turnkey real estate. These are your investments! It’s your portfolio! You can customize it, direct it, and do with it as you see fit. It’s ultimately down to what you want and what you want to see. You’re truly the master of your own investments.
3. There’s Endless Diversity
One of the best things about real estate investment is just how diverse it really is. Turnkey or not, you can invest is just about anything! Vacation homes, single-family houses, apartments, office space, retail, and in just about any market you want and whatever price point you desire (and going turnkey makes that a thousand times easier!).
4. The Income Earning Potential is Vast
Real estate investment portfolios are awesome. With a strong team behind you—a turnkey company reinforced with strong property management—it’s easy to scale and realize vast income earning potential. You can earn passive income to support an early, full retirement, or have the capital for the financial freedom you’ve always dreamed of.
5. It Doesn’t Have to Be Your Day Job
The magic of turnkey real estate investment compared to regular ol’ real estate investment is that it’s truly passive income. It doesn’t have to take over your life and you don’t have to take on landlord responsibilities yourself! It’s not your second job, or even a part-time job. In turnkey real estate, it really is passive income. No, it’s not effortless income. But your level of involvement is very much up to you.
6. You Can Access Any Market
As we mentioned above, investing with a turnkey real estate company allows you to access virtually any real estate market nationwide. Doing so on your own would be a huge risk, but partnering with a skilled turnkey company significantly reduces that risk, allowing you to put your investments in the hands of people who know the market.
7. You Aren’t Thrown to the Sharks
Many new investors are intimidated by the learning curve. There’s a lot involved with real estate investment, and it can be incredibly overwhelming! The beauty of turnkey real estate is that you can lean on the experience and expertise of your turnkey partners to ease into things. They know the market. They know the process. And they’ll help you get started and avoid major mistakes.
8. The Heavy Lifting is Done for You
By the same token, turnkey real estate companies take care of so many of the headaches that investors flying solo have to handle on their own—acquiring properties, dealing with renovations, finding tenants. Turnkey companies and their property management teams deal with the big heavy lifting for you, getting you from purchase to profit as quickly and painlessly as possible.
9. You Have a Team of Support
The best, of course, if just having a team of experts that have your back. Not just in the beginning. Not just when there’s an emergency. But all the time. Giving you reports and updates, letting you know what’s going on, and ensuring that you have a handle on your investments. Knowing that our investments are in good hands is a peace of mind we wouldn’t trade for the world.
10. It’s Thrilling
Okay, maybe it’s subjective. But we can’t help but love the thrill of hunting down a great property, giving it a little polish, and watching it earn passive income. Study after study shows that real estate is one of the most reliable, profitable, and smart investments we can make. And it’s just exciting to build up a solid financial future. Who wouldn’t want to do that?
Yes, turnkey real estate comes with it’s pitfalls and risks. Every investment does. But we can’t help but love it.
If you’ve ever wanted to invest in real estate, why not start today? Memphis Invest will help you start seeing real results in some of the nation’s best markets.