No matter what you hear about stocks, bonds, and crypto, one investment still holds a special place in this world. As we speak, there are over 22 million independent landlords in the US, making real estate one of the most popular investments by far!

When you think about it, it makes sense. People need a place to live, which offers a level of security. However, there’s no real estate investment more secure than turnkey investment properties.

Let’s talk about turnkey properties and some of the key advantages of investing in them in 2022!

What Is a Turnkey Property?

Turnkey properties are investment properties where all you need to do is “turn the key” after closing the sale. These are properties that are up-to-date, may have recent renovations, and likely have existing tenants. Any properties could be considered turnkey investment properties, from duplexes to large apartment complexes.

Generally speaking, turnkey properties don’t have to be “new” or “modern”, but they have to be livable and ready to rent out upon purchasing. If they meet those requirements, they are considered turnkey.

Benefits of Investing in Turnkey Properties

Since turnkey properties are some of the most popular real estate investments, you can expect there are many benefits over others. Well, it really depends on the goals you have for your investment, but here are some of the biggest advantages of turnkey properties!


When you buy a newer, recently renovated, or updated building, you’re securing your investment. When you buy an old building, you need a thorough inspection and even then, things can go wrong. After you spend all of your money on the purchase of the property, the last thing you want is to replace a water heater the next month.

Of course, there’s no such thing as a 100% secure investment, but that’s all the more reason to do what you can to keep it secure. Buying a property that’s ready to rent out, has existing tenants, and is in the right neighborhood is undoubtedly the safest option for investors.

Also, with multifamily properties, you can rest assured that even with vacancies, you’ll still have your expenses covered and potentially earn profit each month!

Resale Value

While rental income is one of the most common reasons to invest in turnkey properties, the ability to resell is what sets these investments apart. Sure, you can flip a home or build a condo complex for a quick payout, but with a rental property, you’re building equity, generating passive or semi-passive income, and you’ll still have the property to resell.

Well, if you aren’t buying an old, rundown building, then you won’t need to put too much work into the building during your time as the owner. Instead, you can simply maintain the property and resell whenever you like, earning as much profit from rent as you please!

Short-Term Earning

Right after closing, you’ll be able to start earning with turnkey investment properties, especially with existing tenants. This eliminates the long waiting period with other popular investment strategies like the BRRRR method.

Also, if you do need to find tenants soon after investing, you’ll have a much easier time showing off such a nice, updated building! This is especially true for modern homes with updated appliances and amenities.

Long-Term Potential

With a turnkey property, you can potentially resell the building for more than you bought it for. However, you can also charge more in rent. Yes, a turnkey property will be more expensive up front, but you’ll likely generate more profit in the long run.

To calculate this, you can use a rental property calculator. Just remember to put your expenses on the high end to prepare for the worst and see if the numbers work out in your favor before purchasing!

Finding Loans

Lenders are often wary about the type of investment property their borrowers pursue. Generally speaking, mortgage lenders will want to take a hard look at the property and speak to the real estate agent before approving you for a loan. In many cases, those lenders are hesitant to lend to investors pursuing fixer-uppers.

If you plan on financing the property, then searching for turnkey properties is the way to go. You’ll have an easier time securing a loan, allowing you to potentially buy with as little as 15% to 20% down! Can you think of another investment that offers the same level of control for so little upfront?

Passive Income

For most landlords, buying an investment property of any kind is essentially buying a job. This is considered semi-passive income, since you will have to work a few hours every month, even with a turnkey property. With turnkey properties, you won’t have to put in any work to get it running beyond signing the papers.

However, even with limited maintenance, you’ll still have to worry about accounting, finding and screening tenants, rent collection, and more. This typically adds up to around four hours per month for every unit you own.

Fortunately, with the right turnkey property management, you can turn your income into fully passive income. For only a small portion of the rent, you can have your property fully managed, allowing you to move around freely and still earn income each month! If you want a secure retirement without all the work, then this is the option for you!

Start Investing Today

Now that you know some of the benefits of investing in turnkey properties, you can see why they are such a popular investment. For the security, long-term potential, and immediate benefits, you’d be hard-pressed to find a comparable investment with such a low barrier to entry!

If you’re interested in these benefits and more, then start investing today. From there, stay up to date with our latest investment tips, and feel free to contact us with any questions or for help with property management!