4 Red Flags When Using a Turnkey Rental Real Estate Company

4 Red Flags to Look For When Using a Turnkey Rental Provider

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Turnkey rental companies can provide a great service when you find the right one. The good ones know how to rehab high-return properties, place great tenants, and take care of everything from soup to nuts so you just collect rent checks. In this video, Clayton explains some key things to consider when working with a turnkey rental provider.

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DISCLAIMER: I am not a financial adviser. I only express my opinion based on my experience. Your experience may be different. These videos are for educational and inspirational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. There is no guarantee of gains or losses on investments.

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[newbieinvestor]

How do you find vacancy rates? Any free resources?

[baldavengr]

So just curious I had a consult with one of your team members about buying some properties and I was informed you require full payment now no financing which violates one of the major 4 red flags you talk about. any reasons?

[skyzero]

Thank you Clayton ! great job as always!

[dwhite]

Clayton I love the outro music kind of out of left field but it's nice

[robferrell]

Excellent tip on being wary of companies who don't accept financing. I've always wondered why that would be the case, and it makes perfect sense that the reason they might not accept financing is because they are charging way too much and don't want you to realize that when the bank comes back with a significantly lower appriasal.

[georgegonzalezsidselrud]

Thanks for the great videos BTW what is the best site to see vacancy rates for an area?

[skyzero]

I'm speaking with James, I'm very interested in your new construction properties. And I'll be in Indy for a week later in October looking forward to working with you and your team! And wow your up late! lol I'm in Phoenix!

[LordBlackNephew]

Do you guys work with a bank or a private lender?, I'd rather use out source finance instead of my own.

[adafee]

I talked with your portfolio manager last week and she told me you don't do turnkey management. If I work with you, you will introduce a management team. I am not sure if I misunderstood her.

[toddroush]

Clayton, I’m a cash buyer usually, but everyone on Bigger Pockets says you shut them down if they bring up financing....I mean, a LOT of people. Has your policy changed now that you’re busy? You seem like a straight up dude, but businesses get away from the best of us. Thanks.

[garzax]

well when I spoke with one of your portafolio managers, he told me that you don't take loans, only cash buyers because the loans are too complicated. ? ?