Real Wealth Show: Real Estate Investing Podcast How to Use 1031 Exchanges to Build Wealth Through Real Estate
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Apr 30, 2025 Leah Collich, an Investment Counselor at Real Wealth, shares her expertise on turnkey rental properties. She breaks down what these properties are and emphasizes the importance of due diligence and inspections. Leah discusses market selection and reveals financing options, including conventional and creative loans. The conversation highlights the long-term advantages of this investment strategy, offering valuable insights for both new and seasoned investors looking to grow their portfolios without the hands-on hassle.
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Rental Guarantee Verification
- Verify rental guarantees against market rates to assess long-term viability.
- Don't let short-term incentives overshadow potential future income discrepancies.
Turnkey Definition
- Understand the precise definition of "turnkey" before investing.
- Ask providers for their specific criteria, ensuring it aligns with your expectations.
Misleading Turnkey
- Kathy Fettke recounts visiting a "turnkey" property that was far from move-in ready.
- The experience highlighted the importance of verifying turnkey claims.
