4.8 • 955 Ratings
🗓️ 2 February 2021
⏱️ 34 minutes
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0:00.0 | This is terio media. |
0:09.0 | So you want to be a real estate investor, but you don't want to do the work. If there were only a way |
0:14.7 | where someone else could do it for you, now there is. Tune in here each and every |
0:19.8 | Tuesday on the epic real estate investing show for Turnkey Tuesdays with your host Mercedes Torres. |
0:26.4 | Hello, hello and welcome to the turnkey portion of Epic Real Estate Investing. |
0:32.4 | My name is Mercedes Torres, |
0:34.1 | and I am privileged enough to be partners |
0:36.8 | with Mr. Matt Terrio, the guy who created Epic real estate. |
0:41.4 | So first, I'm going to give you a brief description of what real estate investing is and then |
0:48.0 | we'll dive into a little bit more details about it and how it could possibly work for you. |
0:53.0 | Now, if you ask a dozen or so investors the same question of what is turnkey real estate investing, |
1:00.0 | you're likely going to get a dozen different answers. |
1:04.7 | But generally speaking, a turn-key real estate investment |
1:08.4 | is a property that has been found, |
1:11.2 | rehabbed and made rent- in livable conditions if you will and then a |
1:16.8 | tenant is placed and assigned to a property manager. The property is then |
1:22.2 | sold as a package, as a cash flowing asset, if you will. |
1:26.9 | But basically, the idea is that you buy a property and turn the key so that it produces passive income for its owners. |
1:37.0 | Well, that's the idea. That's what the name implies. And for the most part, that's what most turn-key real estate investments are marketed and that's how they're presented. |
1:50.0 | And my company, Cashwell Savi, is no different. |
1:53.4 | That's exactly what we do. |
1:55.2 | We buy properties for our investors, we fix them up, |
... |
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