810: 5 Things You Need to Know About Full-Service Real Estate Investing - Episode 810
Investing in Real Estate with Clayton Morris | Investing for Beginners
Clayton Morris
4.1 • 1.1K Ratings
🗓️ 20 January 2022
⏱️ 18 minutes
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Summary
You're going to learn what types of investors should pursue full-service investing, and what types of benefits you can expect from this investing method. If you've ever wanted to learn more about full-service real estate, this episode of Investing in Real Estate is for you!
Transcript
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| 0:00.0 | Welcome in everyone to the investing in real estate show. I'm Clayton Morris. I'm the |
| 0:09.5 | founder of Morris Invest which is a full-service rental real estate company, not just |
| 0:14.4 | turn-key which we're going to get to in the show today but full-service and today I |
| 0:18.6 | want to talk about one of my favorite topics which is full-service real estate |
| 0:22.4 | investing. Now a couple of months ago I did a video on what |
| 0:26.0 | full service real estate is so be sure to add that to your watch list if you haven't already |
| 0:31.1 | we'll make sure we have a card up here linked |
| 0:33.1 | so you can watch that video where we go deep into what full service real estate is but |
| 0:38.1 | as a quick summary let's discuss turnkey real estate and full service real estate. |
| 0:43.2 | In my opinion, two totally different things. |
| 0:46.2 | Turnkey real estate provides investment property that is rent ready |
| 0:50.8 | with all of the renovations finished or completely built from the ground up for the investor. |
| 0:55.8 | It will also typically have a tenant in place as well as a property manager that's assigned to the property. |
| 1:01.5 | It's a hands-free sort of passive way investing in real estate that is |
| 1:05.6 | normally cash flowing from day one. Turnkey real estate can be obtained |
| 1:09.9 | through full-service turnkey providers who take care of all of the details |
| 1:13.9 | up front for the investor and then you're just buying the property. Great and then |
| 1:18.4 | typically they are out of the picture. Okay now you own the property and if something happens five months from now where you need assistance, they are typically out of the picture. |
| 1:28.0 | Full service real estate investing, I like to say, is several steps beyond turnkey. |
| 1:34.0 | Okay, it is like the, it's like Superman, you know, it's like well beyond the average turnkey investment. |
| 1:41.0 | If you didn't know our team at Morris Invest at our company |
| 1:45.6 | is a full service, full service investing company. And this is our, this is our |
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