Turnkey rental property Transformation of the Week!
Posted by Michael Aldridge // October 15, 2018
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From our purchase date of August 17th to completion on October 1st, this house took 45 days and $31,000 for renovation. We sold the home prior to completion on September 27th. It was purchased by an investor looking for turn-key rental property in Phoenix and closed on October 15th. Depending on the property and scope of work required, timelines and budgets can always vary. And of course there's always the 'unexpected', like inclement weather, additional permit requirements, prolonged city inspections, the list can go on and on! Luckily for us, we're able to handle it all because of our years of experience and production process systems we have in place. We've done the research in our market, and know what to expect and how to get the job done right for our clients.
Being a turnkey investment company, most of our clients don't live in the market in which they're investing. The investor for this particular property is from Kyrgyzstan, working with an experienced Real Estate Agent in the Orange County area that is licensed in AZ & CA. Luckily, turnkey investing is the answer to many investors' needs, since real estate investing in their 'own backyard' might be extremely competitive or expensive, or both! It's not uncommon for our clients to be from foreign countries , large, metro areas where affordable investment properties are hard to come by. That's why Pinnacle Properties exists! So that real estate investors from around the world can invest in trusted, growing markets that offer affordable real estate for investors, while providing quality rental properties to residents.
Before and After Photos
Beds | 4 | Baths. | 2 | Square Ft. | 1460 |
Water | City | Rooms | 8 | Sewer/ Septic | City |
Fuel | Electric | Lot Size | 8652 | Year Built | 1974 |
Style | Ranch | Heating | Electric & Gas | Parking | 2 Car Garage |
Remodeled October 2018 | Kitchen | Baths | Flooring | paint | Landscape | Updated Lighting | Kitchen |