Morris Invest brings proven know-how and depth of experience to the turnkey rental and buy-to-hold investing strategies. Maybe you work a full time job and want to get financially ahead so you’ve taken on a second or even a third job. Great that you have ambition but you probably already know how physically and mentally exhausting working multiple jobs can be. Now is the time to try the worker smarter – not harder approach. That’s where passive income from turnkey rentals becomes your secret to financial freedom.
If you regularly follow reals estate investing news, you are aware of the important trends in today’s housing market. For the past several years, homeownership in America has steadily been declining although income from the strong employment market has been driving new household formation. The strong trend in household formation has been in rental properties. As a real estate investor, you should be very familiar with the turnkey rental strategy.
Clayton Morris, president of Morris Invest, focuses on turnkey rentals but shares a wide variety of investing information by podcasting interviews with people active in the industry every day. Recently, Clayton and I spoke on the subject of “What’s Going On With the Current Market?” Other recent subjects on the morrisinvest.com/podcast include “The 1% Rule for Real Estate Investing” and “Why Warren Buffett is Excited About Real Estate Investing”.
What Morris Invest offers to the individual and beginning investor is the opportunity for turnkey investments in the most profitable markets. Major markets like Seattle, San Francisco, and Florida can certainly be relied on for solid appreciation in value. However, the capital cost of investment in these major markets is daunting for beginning investors. This isn’t only a problem for making an initial investment but the high cost is also a hurdle to owning multiple properties, leaving investors overly dependent on a passive income from a single rental unit.
This makes the more affordable cities in the Midwest more attractive because the median regional home prices remain the lowest and appreciation is outpacing the other major U.S. geographic regions (NAR®). Unless the best market is in your local market, you’re probably leaving money on the table. Real estate investing is always about location, location, location. The advantage of turnkey investing is having knowledgeable people with feet on the ground in the best neighborhoods and cities.
The process to rental investing is simple and complex at the same time. It’s simple because there are only three basic steps. It’s complex because each of those steps require a level of skills and knowledge that most beginning investors don’t have.
Morris Invest offers these turnkey services along with frequent podcasts to keep you informed about the rental industry in general. You may also be interested in my recent interview with Clayton Morris at “What’s Going On With the Current Market?”.
Please share your thoughts about the turnkey rental strategy or another real estate related subject by leaving a comment below.
Author bio: Brian Kline has been investing in real estate for more than 35 years and writing about real estate investing for eleven years. He also draws upon 25 plus years of business experience including 12 years as a manager at Boeing Aircraft Company. Brian currently lives at Lake Cushman, Washington. A vacation destination, a few short miles from a national forest in the Olympic Mountains with the Pacific Ocean a couple of miles in the opposite direction.