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Turning Crumbs into Gold: Turn-Key Strategies for Low Inventory Success
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What happens when foreclosures dry up and turn-key providers struggle to keep up with demand from investors? First, the providers begin employing different strategies for finding properties. Second, investors need to adjust their expectations to meet the new realities of a shifting market. This means learning to work with providers in new ways, such as putting properties under contract before they are renovated. If you are an investor looking for crumbs you can turn into gold in the rental property market, this is the episode for you.
“Be ready to act fast.” –Tom Obenchain
In This Episode of ROI Wealth Watch:
- How ROI Turn Key's processes are changing to respond to market conditions
- How investors can prepare themselves to act fast in an ever-tightening market so they do't miss the deals that are out there.
- What will be different about buying turn-key properties in a low inventory landscape
- How the reliable rental class of investment properties may be a good choice for may investors
- How to open up communication with the providers you work with to be sure you understand how their processes are similar or different from other providers.
Resources Mentioned in This Episode:
Wealth Watch Words of Wisdom:
- Make sure to meet with an ROI Turn Key advisor and complete an investment Policy Statement. Let your advisor know you want to know about new (pre-close) projects. This gets you on the list.
- Be ready to act fast. This means doing your market homework and being confident in the markets you want to be investing in.
- As each Turn Key provider may do things differently, be sure to ask about their policies for making properties available to priority clients. Be sure to give each of us feedback. e best and worst parts of being a landlord in your state of choice
Grab Your Free Gift!
Learn more about how real estate can deliver benefits that other investments can’t touch! Text “ROI” to 21000 to request your free, private link to our webinar video: The 12 Advantages of Real Estate. You can also text “ROI.1” to 21000 to get information on expert training when it comes to market cycles.
Help Others Buy Real Estate in the Right Markets at the Right Times!
Thanks for tuning into today’s episode of the ROI Wealth Watch podcast with Jared Garfield - your resource for learning to buy real estate in the right markets at the right times. If you enjoyed this episode, head over to iTunes to leave us a rating and review. Subscribe to the show so you never miss an episode, and visit our website to grab your free gifts!
And, if you’re looking for the best turnkey rental properties to invest and renovate to maximize your real estate portfolio, visit the Rich Life Real Estate website to view turnkey rental opportunities or speak with an investment advisor for more information.
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