Plug It In. Turn It On. Collect the Rent. Looking for a turnkey rental that doesn't come with a side of headaches? Meet 312 36th St in Snyder, Texas. This 3 bed / 1 bath single-family home has already been renovated, is currently leased for $1,250/month, and has no known deferred maintenance. In other words: the heavy lifting has already been done. And because nobody gets into real estate investing because they dream of chasing down maintenance calls at 2 a. m., property management is already in place. The current management company is happy to continue working with the next owner, if desired. The investor-friendly stuff: $1,250/month current rent 3 bed / 1 bath Recently renovated No known deferred maintenance Tenant already in place Property management already established Current management company willing to stay on with the new owner $120,000 asking price $15,000/year in scheduled gro...
Plug It In. Turn It On. Collect the Rent. Looking for a turnkey rental that doesn't come with a side of headaches? Meet 312 36th St in Snyder, Texas. This 3 bed / 1 bath single-family home has already been renovated, is currently leased for $1,250/month, and has no known deferred maintenance. In other words: the heavy lifting has already been done. And because nobody gets into real estate investing because they dream of chasing down maintenance calls at 2 a. m., property management is already in place. The current management company is happy to continue working with the next owner, if desired. The investor-friendly stuff: $1,250/month current rent 3 bed / 1 bath Recently renovated No known deferred maintenance Tenant already in place Property management already established Current management company willing to stay on with the new owner $120,000 asking price $15,000/year in scheduled gross rent At $120K, you're getting an already-renovated, already-rented, already-managed single-family rental - without signing yourself up for a rehab project before you ever see your first rent check. Buy it. Keep it rented. Let the existing team keep doing what they're already doing. That's about as turnkey as rental investing gets.
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