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I NVESTOR R EVIEW Number 5 in Personal Real Estate Investor Magazine’s Investor Review Series Price $9.95 US BUY-TO-RENT Age-Old Industry Renewed Rewards For Wise Investors What It’s All About Why Participate How to Begin Which Asset to Choose Who Can Help Where to Buy When You Should Start Individual or Small Cap Investment Providers or Mid Cap & Institutions or Large Cap

Turnkey Real Estate Investing

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Turnkey Real Estate Investing. For more information on single family and multifamily investing contact me today at 513-477-9520 or [email protected]

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Page 1: Turnkey Real Estate Investing

1www.PersonalRealEstateInvestorMag.com INVESTOR REVIEW No. 5: Buy-To-Rent

INVESTOR R E V I E W

Number 5 in Personal Real Estate Investor Magazine’s Investor Review Series

Price $9.95 US

BUY-TO-RENTAge-Old Industry Renewed

Rewards For Wise Investors

What It’s All About

Why Participate

How to Begin

Which Asset to Choose

Who Can Help

Where to Buy

When You Should Start

•Individual or Small Cap•Investment Providers or

Mid Cap &•Institutions or Large Cap

Page 2: Turnkey Real Estate Investing

54 INVESTOR REVIEW No. 5: Buy-To-Rent www.PersonalRealEstateInvestorMag.com

By Brian Jackson

penklor properTies

What is the state of the rental house you are offered? Repaired, renovated, and in

many cases already producing active income, turnkey investment properties offer a unique opportunity to make big strides in the real estate game with very little hassle. However, your investment is only as good as the provid-er you select to manage it. Poor management could mean lower returns, hidden out-of-pocket costs, and higher risks The selection of your hands-on manager is just as important as that of the property itself.

“THE CHEMISTRY QUESTION” BETWEEN INVESTOR & PROVIDER What should you ask a potential provider to determine if it is a good match? These three crucial questions can help ensure you find the best fit for your long-term goals— and your bottom line. 1. Is your provider projecting conservative-ly? Is there a margin in place to protect your investment property from unexpected situa-tions? In the case of vandalism or fire, is there adequate insurance and risk coverage? The expenses your turnkey provider esti-mates for your property should always be higher than the minimum need. Experienced providers are able to factor variables like maintenance, vacancy and turnover into their initial projection using their market knowl-edge and multiproperty averages. This en-sures that if any unexpected situations occur, you (and your money) are fully protected, and that emergency out-of-pocket expenses will be kept to an absolute minimum. Depending on your area, another great way to control your projections is to have your provider include rental income and eviction insurance and a home warranty that lists a specific cap on your vacancy and maintenance costs. Both can offer additional protection from unforeseen costs and control how your investment is used. 2. How well does the turnkey provider know the local market? To be successful, a turnkey provider must be an expert in the local real estate market. In-vesting in an underperforming neighborhood can cause a host of problems, from falling

property value to difficulty finding suitable tenants. A good provider stays ahead of the curve, constantly researching current values and future trends. New investment concepts, such as new construction turnkey properties, are one way to stay on the cutting-edge of the market and keep the investment supply equal to the demand. A provider who is a local expert supplies vital guidance on current market demands, the strongest locations to invest, and the best ways to manage your investment long-term. His knowledge can be the make-or-break fac-tor in guaranteeing secure returns and manag-ing your property well over time. 3. Is your turnkey provider nationally recog-nized & respected? While it’s important your turnkey provid-er be intimately familiar with the ups and downs of the area, it’s equally important that the company be well-established. A nationally recognized company will have multiple years of experience providing turnkey solutions and managing properties for its investors, and will have all the appropriate licensing and long-term infrastructure in place to foster your in-vestment. An established reputation in the industry helps affirm a trustworthy partner. Don’t be afraid to ask your potential provider for ref-erences from past and current clients! Have them give you a selection of recent customer purchases with actual operating numbers. If they are reluctant to do this, move on. Selecting a provider who is nationally rec-ognized is an excellent indicator of stability and can help ensure strong long-term perfor-mance.

www.Penklor.com888-218-3880

THREE CRITICAL QUESTIONS TO ASK BEFORECHOOSING YOUR NEXT TURNKEY PROVIDER

ABOUT THE AUTHORBrian Jackson is the Director of Finance/Business Devel-opment at Penklor Properties, LLC, a real estate investment company. He is responsible for managing the firm’s sales operations, development strat-egies and future growth plans. Jackson has over 10 years of residential and commercial real estate finance and management experience. A veteran of The United States Air Force, Jack-son has a background in elec-trical & mechanical engineering and has held various operation-al and leadership positions from Principal/Managing Director at Fresh Start Ventures, LLC, a commercial real estate and business finance company, to Director of Finance for an advanced materials engineering firm. Jackson is active within the Cincinnati community where he is committed to multiple professional, charitable and social organizations. He is a longtime resident of the Greater Cincinnati area.

IN BRIEFThe selection of a turnkey provider is as important as that of the property itself.In making your choice, consider these questions:• Is the turnkey provider projecting conserva-

tively?• How well does the provider know the local

market?• Is the company nationally recognized?

WHO DO YOU WORK WITH?

Page 3: Turnkey Real Estate Investing

Contact Us Today for More Information

Turnkey Real Estate SolutionsROI Guaranteed Year One

The Complete Real Estate Solution

“Don’t wait to buy real estate.Buy real estate and wait.”

-Robert G. Allen

R E A LT YIN V E S TME NT S

PR I VATE LE NDIN GPRO PE R T Y M A N AGEME NT

CO NS TRUC T IO N & R EMO DE L IN G

“I’d buy up a couple hundred thousand single-family homes if it were practical to do so.”

-Warren Buffet

[email protected]

Penklor is a Cincinnati-based investment company specializing in the purchase, rehabilitation, and professional management of real estate. We have been the largest sole purchaser of single-family homes in Hamilton County since 2009 and currently manage over 1,000 units across Ohio and Northern Kentucky.

The time to invest has never been better!

• Hassle-free real estate solutions• Properties professionally leased & managed• Rental income provides immediate cash flow• Variety of investment levels available• Great returns with a strong track record• Investor references available

See a full investment case study at:

www.penklor.com/CaseStudies