In today's video I am sitting down with Scott Saunders of Asset Preservation to discuss Turnkey vs. Non-Turnkey rental property investing, along with other related topics from building long-term wealth with property investing to the importance of due diligence (and more).

For the videos and resources mentioned in this video, be sure to check out the links below.

🎥 What is a Turnkey Rental Property? https://youtu.be/qMdRsN6eoKs
🎥 Are Turnkey Rental Properties Good for New Investors? https://youtu.be/wlpwf0HtLjU
🎥 The 5 Profit Centers of a Rental Property https://youtu.be/4axfYg7xZhI
🎥 How to Handle a Turnkey Rental Property Inspection https://youtu.be/GJ-tkUuDNwc
🎥 Why Rentability is Critical to Successful Real Estate Investing https://youtu.be/WYA57SaGgy0
🎥 Should You Invest in Rehab Rental Properties? https://youtu.be/dqXZt0vHxTA

📚 Get the Due Diligence: Turnkey Rental Properties E-Book here https://www.hipsterinvestments.com/duediligence/

For more conversations with Scott Saunders, be sure to check out the videos linked below.

🎥 1031 Exchange for Beginners with Scott Saunders https://youtu.be/9eoi-n2FstU
🎥 Cost Segregation For Beginners with Scott Saunders https://youtu.be/pJuKRKDJgBo

For 1031 Exchange help, visit Scott's website at https://apiexchange.com/ and enjoy even more tools and resources such as a calculator to determine your capital gain, an Investor exchange checklist, 1031 contract language and more.

Scott Saunders (Asset Preservation)
Website: https://apiexchange.com/, https://scottrsaunders.com
Email: [email protected]
Phone: 719-332-3396

Are you interested in learning more about real estate investments and turnkey rental properties from an industry expert? Be sure to subscribe to this YouTube channel and hit that notification bell so that you can be the first to know when I upload a new video.

For even more real estate investment tips, pick up my book on Amazon and check out more of the great resources linked below.

📚 NOT Your How-To Guide to Real Estate Investing: Life Lessons on Hacking Your Mind Before You Hack Your Wallet* https://amzn.to/3gLGRh1

📚 Due Diligence: Turnkey Rental Properties E-Book https://www.hipsterinvestments.com/duediligence/

📱 7 Rookie Real Estate Investing Mistakes & How to Avoid Them (FREE Digital Download) http://b.link/7-rookie-mistakes

🤝 Join the EXCLUSIVE Turnkey Rental Properties Facebook Group http://b.link/Turnkey-Properties-Facebook-Group

and find me online with Hipster Investments at https://www.hipsterinvestments.com the GO-TO website for turnkey rental property investing!

Please Note: I am an Amazon associate and as such, I earn from qualifying purchases*

Short on time? No problem! Feel free to skip ahead in this video using the chapter links below.

00:00 Turnkey vs. Non-Turnkey Rental Property Investing
02:12 “On Paper” Knowledge vs. Practical Application
03:22 Learning from Relatable Investors
04:40 Common Oppositions to Turnkey Investments
05:41 Paying a “Premium” Price for Turnkeys
08:46 Valuing Your Time
11:39 Does Paying for a Turnkey Negatively Impact Your Cash Flow
12:05 Building Wealth Over the Long Term
13:10 Tax Consequences of Flipping Properties
15:04 Should Everyone Buy Turnkey?
16:06 Who Should Consider Investing in Turnkeys?
18:03 Risks to New Investors
20:00 The Right Way to do Real Estate
23:23 Advancing Into Other Strategies
29:10 Pros and Cons of Turnkeys vs. Value-add
32:30 How Turnkeys Relieve Some Risk
34:29 Why You Shouldn’t Buy a Property After Drinking Wine
38:15 The Hardest Thing About Buying Investment Properties
40:54 The Importance of Thorough Due Diligence
41:38 Turnkey Due Diligence Items
47:37 What is Rentability (and Why is it Critical)?
49:50 Real-life Dive into Turnkey vs. Non-Turnkey Experiences
51:30 Investing as a Second Job
54:14 How Much Should You Diversify?
59:11 Who Should Consider Turnkey vs. Non-Turnkey
1:04:41 Base Hits vs. Home Runs or Grand Slams
1:05:34 The Importance of Celebrating Your Wins
1:07:44 The Importance of Taking the First Step
1:08:20 Why Start with Turnkeys?
1:09:18 Why Your First Investment Property Doesn't Need to be Perfect
1:11:17 Profit Returns on Turnkey Investment Properties
1:15:00 Large Portfolio and Small Scale Investors
1:17:14 Why “Boring” is Great for Investing!
1:22:20 Why It’s Hard to Find Good Turnkey Reviews

#TurnkeyProperties #TurnkeyPropertyInvesting #RealEstateInvesting