Find Your Next Real Estate Deal
Search Now

How to Find Turnkey Properties for Real Estate Investing

Jerry Norton

Aug 15, 2024

aerial photography of buildings at daytime

Whether you are looking for your first or next real estate deal, you have to decide what property condition you're looking for.

You may be looking for a property that isn’t a fixer upper. It's already renovated and ready to go for renters and passive income.

That’s where turnkey properties come in.

Sounds pretty great, right?

So, if you're sold on the concept of a turnkey property, here's the question: how can you find turnkey properties to invest in?

I can tell you how to do so using a free database from the comfort of your own home. 

It's true! Keep reading to find out more! 

What are Turnkey Properties?

First things first: what is a turnkey property?

A turnkey property is a single-family home, townhouse, or condominium that is fully renovated and often fully furnished ready for immediate occupancy or rental. 

These properties have already undergone all necessary repairs, updates, and improvements.

Benefits of Investing in Turnkey Properties

Here are some of the key benefits of turnkey properties.

No renovations necessary. 

Turnkey properties eliminates the need for investors to spend time and money on renovations and repairs.

Since turnkey properties are move-in ready, investors can start generating income right away instead of waiting for an ROI down the road.

Located in desirable neighborhoods. 

Turnkey properties are often located in desirable neighborhoods with high rental demand, allowing you as an investor to benefit from consistent cash flow. 

Often Managed by Property Managers.

Turnkey properties are usually managed by professional property management companies.

Why is this such a benefit?

Well, it reduces your involvement, creating a stress free and passive experience on your end.

How to Find Turnkey Properties with Propwire

If you're looking for your next turnkey property, you can do so from the comfort of your own home using Propwire's industry leading search tool.

It works like this: once you've found your location of choice, you can choose from one of 21 powerful lead filters — for example "flipped properties" or "free and clear" — that will reveal turnkey properties for you to look over.

After examining a given property's details, if you want to take the. next step, you can skip trace to find and contact the owner of the property for just 10 cents.

The Bottom Line: Turnkey Properties

Turnkey properties can be an investor's dream if you know how to find them.

Use Propwire's industry leading database today to find your next passive income turnkey property!