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We are typically looking for turnkey properties with the following characteristics:
Around a $70,000 purchase price
Around $850 a month in rent
Brand new HVAC unit, hot water heater and newer roof
Brand new LVP Flooring throughout
2704 Thompson Dr, Mobile, AL
4 bed / 2 bath house
Sold for $80,000
Rented at: $975 per month
List of properties available that our Club 500 investors are typically looking for with the following characteristics:
Around a $60,000 purchase price
Around $850 a month in rent
Brand new HVAC, hot water heater and newer roof
Brand new Luxury Vinyl Plank
Turnkey rental properties should provide an investor with a rehabbed property that is ready for rent or already rented. Additionally, it should already have equity in it, at a minimum 20%. This is why Club 500 Real Estate Network doesn't partner with any and all turnkey providers. We have selected only one partner we believe in and one product we are very familiar with.
$60-$100,000 range
Average $850 - $950 a month in rent
One of the biggest expenses an investor could have!
Lower turnover cost between tenants (not having to change carpets)
Another measure we take to ensure low operating expenses for investors
Giving tenants a good place to live
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