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The Anik Singal Show

How My Clients Create $100K A Month In Passive Income Through Turnkey Residential Real Estate

The Anik Singal Show

Anik Singal

Entrepreneurship, Education, Business:entrepreneurship, Marketing, Courses, Business

4.91K Ratings

🗓️ 7 February 2022

⏱️ 44 minutes

🧾️ Download transcript

Summary

Join Anik Singal on this week’s episode and watch his interview with residential real estate expert Devon Johnson. Devon's sold and bought and been a part of over $100 million in real estate transactions in the last ten years. She's been an investor, had a property management company, and been a realtor. And now she helps people buy turnkey residential real estate. It's a term I never really understood, so I can't think of anyone better to explain it to us. In today's episode, you'll discover… When it comes to passive income, why nothing has won my heart like real estate does (even when I found a motorcycle in a lounge)… What is turnkey residential real estate? For residential real estate, what is a good return? She also reveals the hottest residential real estate markets right now. You can listen to Devon’s podcast on https://podcasts.apple.com/is/podcast/real-estate-team-builders/id1378347101. Or book a call with her on www.wealthholdings.com/book-now/

Transcript

Click on a timestamp to play from that location

0:00.0

Essentially what turnkey real estate means in the investment world is their properties

0:05.7

that are purposefully bought, rehabbed, and made rent ready for investors to buy.

0:13.0

It's not the same as just buying a house out of the MLS that might be ideal for an owner

0:17.8

occupant and is ready to go. It is an investment property that is ready for a tenant to move into.

0:24.2

This is The Fighting Entrepreneur. The podcast dedicated to entrepreneurs looking to change the world.

0:32.0

Learn how to start, build, and scale a business in today's highly competitive business environment.

0:38.0

Here's your host, The Fighting Entrepreneur, Onik Singhal.

0:44.8

What's up, you crazy fighting entrepreneurs? Guess who it is, your favorite person in the whole wide

0:48.4

world, back with another awesome fight in the ring today is with a real estate mogul.

0:55.6

I know. Well, she is compared to me for sure. We don't talk real estate really on this podcast.

1:01.4

You're going to see me expanding the horizons of The Fighting Entrepreneur. Why?

1:06.3

Because I'm expanding my own dam horizons. So I'm bringing you along for the journey.

1:10.4

Listen, for the last by year and a half, maybe two years now, I've been very focused on investing.

1:16.5

And I think that's the place I've hit with my life, where it's like we've made a ton of money.

1:21.6

I'm still making a ton of money, but now it's really time for that money to go make me money,

1:25.2

so that I can go out and just drive my cars and have a good time in life.

1:28.1

And as I started doing that, I've looked at all of the different fields out there.

1:32.1

Crypto and real estate and investing and stocks and guys, NFTs, there's everything out there.

1:40.9

Nothing has won my heart the way real estate does and we'll talk about why in this episode.

1:46.8

And so just so you know, I am practicing what I am preaching. I have bought a ton of real estate and

1:51.9

all kinds of funky types of real estate over the last couple of years.

1:55.5

And the reason I don't talk about that on this episode is because a lot of what I'm buying right

...

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