Jason Morganstern provides insight to help other real estate investors.
Most people want to get in on the real estate game. There is a lot of money to be made whenever you have a property that you rent out to individuals. However, time and effort are one of the biggest factors that stop people from going all-in when it comes to real estate. Fortunately, there is a solution available for investors to help you get ahead. Jason Morganstern is here to let us know what turnkey properties are and how beneficial they can be for the average investor. Jason Morganstern has over fifteen years of experience in the real estate industry and knows how beneficial turnkey properties can be.
Jason Morganstern knows that it can be difficult to acquire a property yourself, renovate it, and then put it back on the market. People have full-time jobs and no one knows this better than Jason Morganstern. Fortunately, turnkey properties are pre-renovated and available for purchase by an investor immediately. Various turnkey property companies act as a middle-man and will take care of the nitty-gritty work that you may not have time for. Jason Morganstern has watched as dozens of investors begin to make more money than they ever have before by using the services of a turnkey property company.
This doesn’t just apply to residential real estate either. Commercial real estate investors want their properties up and running so they can open their doors for business. Thankfully, turnkey property services can provide the same value that they do for residential properties as they do for commercial ones. What’s even better is that there is no scale-deterrent on what size of business a turnkey property service can be applied to.
Jason Morganstern watched as turnkey property services grew in popularity during the decline of the housing market in 2008. What many people don’t realize is that commercial businesses were affected as well. Thankfully, turnkey property services saw a boom during this time and have helped both residential and commercial properties get off the ground and into the hands of their investors. However, many people knew that this would become a very profitable and helpful service that could get people investing sooner than they realized. This is why Jason Morganstern recommends that you seek out these services if you are serious about investing in real estate.
However, there are other options that you can use to your advantage if you want diversity in your portfolio. You can take a property that has been completely renovated and sell it back on the market for a higher price. Jason Morganstern only recommends this if you know what you are doing. However, since most people who just get into the real estate industry are beginners, Jason Morganstern simply recommends that you keep it simple and rent out your properties to generate passive income. Some turnkey property services will continue to manage the property for you long after it has been rented, but that is subjective depending on the resources that they have. Turnkey property services are the future of real estate and Jason Morganstern recommends you get into it while the market is hot.
Jason Morganstern, the owner of White Wolf Properties, highly recommends that if you decide to invest your hard-earned money in Turnkey properties, you make sure that the syndicator you are working with has placed their own equity in the asset.