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Partnering With Turnkey Companies Like Marquis Properties, Llc

By Author: Tanner Torchia
Total Articles: 2

Investing in properties for rent can be very stressful from day one. This ambitious undertaking involves three major tasks: finding suitable property (which entails searching for a good location and buying it); rehabilitating the property (the extent of the renovation varying per property); and finding tenants and property managers (the last process involves a lot of marketing, interviews, paperwork, and filing).

Fortunately Marquis Properties, LLC property specialists can assist investors with all three tasks. For a portion of the monthly rent money, these turnkey property specialists will do all the work for you. Their services range from scouting for discounted homes for sale, to collecting the rent on your behalf.

For investors who prefer minimal involvement, purchasing turnkey properties is a good alternative to investing in stocks. As long as the investment properties are located in areas with low vacancy rates on rentals, money will continue to flow in at regular intervals. The property manager will play landlord in your stead, and will deal with all the headaches that come with renting out properties to tenants, such as handling complaints and bill collecting.

Some real estate investors prefer to do things by themselves, and in turn, receive the property's earnings in full. However, unless they have unlimited resources, the total amount spent by a hands-on property investor is always going to end up higher than the cost it would take a turnkey property company to refurbish the same home. The difference lies in wholesale.

Most independent home-remodeling investors who have just entered the market would lack the capital to purchase multiple properties. Since turnkey companies buy homes in bulk, they get the best deals from sellers. Property specialists from these companies will be informed much earlier once certain sellers have begun auctioning off their properties. Turnkey solutions also obtains these properties at more affordable rates.

The most experienced contractors and best deals on materials, likewise, are cheaper with turnkey solutions, as the hired contractors will be performing home renovations in bulk without compromising quality. Marquis Properties, LLC property specialists employ reliable property managers who have many years of experience screening and dealing with prospective tenants. Turnkey investment solutions in real estate are indeed a less stressful alternative to personally overseeing such investments. For graphs and more information, check out: biggerpockets.com/renewsblog/2013/02/16/turnkey/.

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