When completed correctly, owning turnkey realty can be a hugely profitable enterprise. But, it’s not as simple as just buying a property — successful turnkey realty requires management and close supervision.
But, what if you don’t have the time and energy to devote to managing all of your turnkey realty properties? Are you resigned to selling off your turnkey realty and accepting this initial profit?
Of course not — that’s why turnkey property management exists.
Whether you have an existing turnkey management problem to be solved, or you wish to work with a turnkey realty professional through every step of your upcoming journey, CTG Real Estate Services is here to help. Our team has the turnkey real estate management skills needed to create and maintain a profitable real estate venture for you from start to finish.
Want to learn more? Keep reading, or schedule a consultation with our CEO and founder Chris Gardner today.
What is Turnkey Property Management?
The owners of turnkey realty rarely maintain their properties all on their own. They often hire an experienced team of professionals to make sure their real estate property gets the care and supervision it needs to flourish. Whether a client is looking to buy and renovate an older space or is looking to find management services for an existing turnkey property, turnkey real estate management offers the peace of mind that all necessary steps are taken care of by a qualified expert.
Exactly what services are involved in a turnkey real estate process will be up to the client, but most turnkey real estate management organizations offer these services:
- Finding a property in an undervalued market
- Funding the investment
- Acquiring the property
- Renovating the property
- Managing the property
- Planning for the property’s future
Most professionals who offer turnkey property management only include the “managing” part of this process but, at CTG Real Estate Services, turnkey management means all of the above — and more.
Make sure to do your research when looking for turnkey property management, because no two turnkey firms in the U.S. are the same. It will be up to you to determine what kind of services you want in your turnkey real estate management and to find the professional that best fits those needs.
Why is Turnkey Real Estate Management So Important?
Whether it’s turnkey rentals property management or commercial property management, this kind of management is a daily operation. It’s more than just purchasing a space, finding a renter and walking away; it’s the daily maintenance of the tenant-landlord relationship, through various means.
Without the right turnkey property management, you may find that your tenants’ turnover is higher than expected, or your property continues to lose value over the years. What you see as a profit-generator will actually put you in the red if you don’t take steps to ensure extensive management from the very beginning.
When many people start their real estate investing journeys, they tend to use organizations that advertise their “turnkey services.” Usually, this involves locating and renovating a space, plus finding tenants. But, after that, many of these organizations walk away, leaving the new owners to frantically search for a property manager on a time crunch.
But, if you take the time to look for a turnkey property management provider from the very beginning, you have the peace of mind that your professional will follow through to the very end. Having a turnkey property manager who helped you locate and renovate your space means you have a professional who understands the property from all angles — and, therefore, will manage your facilities and property more efficiently than a different manager brought in later on in the process.
If you’re new to the real estate investing world, a turnkey property management company can make all the difference in the success of your initial properties. Your investments will be “hands-off”; your property and facilities manager will take care of everything needed to run your properties efficiently.
Even if you’re experienced in the real estate investing world, consider turnkey property management services to make your end of the process a little easier — and to know that your business is in good hands.
Let Our Team Serve as Your Turnkey Property Management
There is really no standard when it comes to turnkey management services. Some turnkey real estate management companies will provide the bare minimum — essentially managing a turnkey property that already exists. Other turnkey management services will include every service you need, from start to finish.
CTG Real Estate Services is one of those companies.
Wherever you are at in your turnkey real estate process, our CEO and founder Chris Gardner can offer the expertise and management skills that you need. Whether that’s helping you locate and turn around a turnkey property, guiding you through the renovation process once you’ve purchased a property, or managing a property that you’ve already renovated, we can help. “Turnkey property management” is not just a buzz word at our company — we mean it.
CTG Real Estate Services is happy to offer many kinds of management services, many of which are important in the turnkey management process:
- Commercial Construction Project Management
- Facilities Management
- Office Relocation Management
- Maintenance Management
- Budget Creation and Management
- Asset Management
We’ll also be there to help you find the right property for your investments and make sure it’s the right move for your business.
For more information on what kind of turnkey property management services we can offer, please schedule a consultation with our staff today. We stand ready to help you through whatever the next step is for your turnkey investing journey.