What is a turnkey property?
We define ‘turnkey’ real estate investments as properties, usually single-family residences, that are 100% ready for purchase and already leased, currently performing (i.e. the tenants are paying as agreed), and under the care of a property manager.
As a turnkey property investor, you don’t have to worry about the laborious renovation process because it has already been done for you. That is why this type of investment is so appealing – with zero legwork, it allows you to start receiving significant monthly cash flow faster and diversify your investment portfolio.
Plus, with turnkey investing, there’s no need for the investor (you) to live in the area where your properties are located. This is especially advantageous for investors living in states like California or Washington.
Can I really generate passive income through turnkey investing?
Absolutely. Today’s real estate market is creating strong investment opportunities for individuals with access to capital. Millennials and baby boomers are leading the way as they continue to choose renting over buying. According to MarketWatch.com, existing single-family rental homes in the U.S. are currently a $3 trillion-dollar industry, and 13 million new rentals are forecasted to be on the market by 2030. With these current market conditions in mind, we laser focus on additional favorable market dynamics that exist within Houston, Texas and Albuquerque, New Mexico and the demand for rental housing in these powerful markets does not appear to be going anywhere any time soon.
Our properties are brand new or completely refurbished and ready to transfer to you immediately. Once you own the property, we take care of managing it with our award-winning in-house property management company. And, don’t forget anticipated appreciation as you calculate the long term returns on a turnkey property!
What does the turnkey process look like?
Texas Turnkey Properties is a proven and trusted name in the real estate investment market. Our experienced team handles every aspect of real estate investing: acquisition/rehabilitation or ground-up construction, property management, and everything in-between. We either build or find and completely refurbish our properties, and once leased, we step in as on-site property managers.
Our exclusive turnkey process is truly a hands-off approach to investing that has provided excellent returns to our current investors. It’s the most passive and, in our opinion, the most effective way to invest in single family properties and multi-family duplexes.
What kind of turnkey properties do you offer?
We specialize in constructing and/or refurbishing single-family and multi-family duplex properties in the Houston, Texas and Albuquerque, New Mexico area. We then professionally manage the properties for our turnkey clients. For individual investors, particularly newer investors, taking on the additional responsibilities and stresses of commercial real estate can be difficult to manage. Private property management with a trusted partner like Texas Turnkey Properties is a safe, dependable investment that requires little direct involvement on the part of the investors.
We’re always in-touch!
We work tirelessly to communicate with our clients and tenants and utilize the latest in state-of-the art technology and smart phone apps to stay in-touch with both tenants and property owners. You will always be informed of any issues regarding your property through emails, texts, or phone calls from our knowledgeable Representatives.