WIP 764: Why Turn-key Rental Providers Make the Best Cash Buyers and How to Find Them

Wholesaling Inc with Brent Daniels

Find distressed properties for pennies on the dollar and turn them for huge profits!

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4.9 • 1.4K Ratings

🗓️ 30 August 2021

⏱️ 35 minutes

🔗️ Recording | iTunes | RSS

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Summary

If you want to generate long-term cash flow quickly and with little effort, you should look into turnkey properties. Turnkey rental companies provide fully renovated homes or apartments in good locations that investors can purchase and immediately rent out. This model also works well for virtual investors because turnkey services provide inspections to ensure that the property is exactly as described by the owner.

In this episode, Freedom Property Group owner Erik Hitzelberger will discuss everything you need to know about turnkey rentals—how it works, the different property classes, and the price range of these classes. Tune in to learn more!

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Transcript

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0:00.0	You're listening to whole selling in episode number 764.
0:04.3	The other questions you might want to ask are what's your average turnover rate and,
0:09.1	you know, what are your turnover vacancy and maintenance costs on average?
0:13.1	What I said, you know, to each buyer and that again, that'll give you an indication of
0:17.6	both the type of property that you're buying in the type of area you're buying it in as well as
0:22.8	the quality of the management problem. This is game-changing information guaranteed to raise your
0:28.4	real estate wholesaling business with actionable steps you can take immediately to navigate the
0:33.5	ins and outs of wholesaling and start making money today. Join us as we put our guests in the hot
0:39.6	seat and dive deep to dissect their strategies for success to enable you to duplicate their results.
0:45.6	You're listening to whole-sailing ink. The only show dedicated to making you a fortune in wholesaling.
0:52.0	You're listening to the whole-sailing ink podcast. This is your host Lauren Hardy and I want to
1:00.4	welcome Eric Hitzelberger to the show. Today I have got an awesome guest. Eric is going to teach us
1:07.2	all about the turnkey rental business and the reason that you guys need to know about this
1:13.7	as wholesalers is because you will often be wholesaling to these types of end users.
1:21.7	So today I'm so excited to pick your brain, Eric. Eric, welcome to the show.
1:27.1	Thanks, Lauren. I'm so glad to be here. Well, I'm excited to have you because I have a lot of
1:31.6	questions about turnkey rental companies. So you are the owner of Freedom Property Group. You're
1:37.9	based in Louisville, Kentucky and I did say that right. That is correct. Let's just a little slow
1:45.0	kind of clap that I don't say Louisville. Yes, there's a lot of pronunciations that are
1:51.0	acceptable. As long as we kind of don't say Louisville or something.
1:55.3	Yeah, Louisville. I've heard you can't say Louisville either, though.
2:00.2	Some people will, but you will obviously not be from here.
	...

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