BiggerPockets Daily Is Turnkey Construction Worth It?
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Apr 13, 2025 Explore the benefits of turnkey new construction in real estate investing, ideal for both newcomers and seasoned pros. Discover how this hands-off approach offers ready-to-live-in homes, reducing management hassles. Learn why it’s perfect for busy professionals seeking passive investment strategies, highlighting the financial perks of new properties over older ones. Dive into the long-term wealth-building potential, emphasizing cash flow, strategic location, and the advantages of lower maintenance costs.
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Turnkey for First-Timers
- First-time investors can avoid common pitfalls with turnkey new construction.
- This approach offers move-in ready homes in proven markets, minimizing risks.
Passive Investing with Turnkey
- Busy professionals and passive investors can benefit from turnkey new construction.
- It allows for truly passive investing, with professionals managing the property.
Out-of-State Investing
- Turnkey new construction enables out-of-state investors to access better markets.
- This is helpful for investors in areas with high prices, unfavorable rent ratios, or strict regulations.