You’ve heard before that investing in turn-key properties is a simple way to generate wealth without taking on a lot of headaches. But what is actually turn-key, how does it work, and what do you need to get started?
A seasoned real estate investor Bobby Sharma has been involved in multiple turn-key operations over the years, and he shares with us his passion for this property investment model. Find out all about the benefits and risks of investing in turn-key rental properties, the average prices, the returns, and why this is an increasingly viable way to reach your financial goals.
What's Covered
1:57 - Bobby Sharma’s background and how he got interested in real estate.
6:36 - How Bobby started investing in turn-key properties and his first deal.
9:50 - What is turn-key? A brief introduction.
11:25 - How to choose the areas to invest in.
16:58 - The advantages of hiring a professional property management company.
19:22 - The average price range and ROI on a turn-key property.
24:04 - Does turn-key help with limited vacancy?
27:50 - The pros and cons of investing in turn-key properties.
34:17 - Does it make sense to own just one or two rental properties?
37:49 - The long-term game of investing in rentals.
40:37 - How to get in touch with Bobby Sharma.
Show Resources
- BetterCapital.us
- Connect with Bobby Sharma on Facebook and LinkedIn
- Rich Dad Poor Dad: What the Rich Teach Their Kids About Money that the Poor and Middle Class Do Not by Robert Kiyosaki
Meet Bobby Sharma
A seasoned real estate investor, Bobby Sharma has been investing actively in various real estate ventures for the past 10+ years. Bobby was a former technology professional that was a member of some very successful startups such as WebEx (acquired by Cisco), Marketo (Acquired by Adobe) and TIBCO. He has been investing in real estate as a passive income generator for more than 9 years. He is currently a private money lender, rehabber and has built one of the largest communities of real estate investors in the Bay Area with over 4,000 members.
10/06/20 • 43 min
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