What is a Turnkey Rental?

If you’re new to real estate investing, the phrase turnkey rental may sound a little ambiguous. Turnkey might mean different things to different people. Everyone has their own understanding of how much work should be involved with a turnkey property. In real estate, a turnkey rental property is generally understood...

Continue Reading by Antoine Martel Tuesday, April 20th, 2021

Fannie Mae Announces Stricter Lending Limitations

Fannie Mae is making it harder for some investors to get approved for investment property and vacation home loans. While MartelTurnkey investors who work with our lenders don’t need to worry, it’s worth understanding what’s happening in the world of Fannie Mae-backed loans.  In a recent letter that lenders received...

Continue Reading by Antoine Martel Tuesday, April 13th, 2021

Federal Eviction Moratorium Extended

In March, the CDC announced that the federal moratorium on evictions would be extended until June 30. While this news is a relief for many renters, property owners aren’t happy about it. There have been three deadline extensions now; one in December, one in January and now this one. For...

Continue Reading by Antoine Martel Tuesday, April 6th, 2021

How to Build a Family Legacy of Prosperity

If there’s anything that we have learned from the past year, it’s that families need to take care of themselves. As we all huddled in our homes waiting for it to be safe to socialize outside, we were faced with the fact that families are the most important thing we...

Continue Reading by Antoine Martel Tuesday, March 30th, 2021

Cleveland Transforms Into an Even Better Investment Over the Past Year

While the rest of the country in 2020 and 2021 has been dealing with COVID restrictions, civil unrest and business closings, Cleveland, Ohio has quietly been transforming into an even better real estate investment market. For the past several years, MartelTurnkey has recognized Cleveland for its attractive real estate investment...

Continue Reading by Antoine Martel Tuesday, March 23rd, 2021

Electric Vehicle Assembly Plant Planned For Memphis

Memphis continues to make headlines as a base for innovation and technology-driven companies. Just this month, California-based car company Mullen Technologies applied for a contingency-based tax break with the Economic Development Growth Engine (EDGE) for Memphis & Shelby County. The application cites plans to make use of the previous, now...

Continue Reading by Antoine Martel Tuesday, March 16th, 2021

Celebration of Cleveland Women in History

As a turnkey rental company, MartelTurnkey typically offers properties with returns on investment in the range of 12%, 15% or more. Our goal is to make sure our investors have access to beautifully renovated turnkey rental properties in Cleveland, Memphis and other cities where they can reap gains from positive...

Continue Reading by Antoine Martel Tuesday, March 9th, 2021

What’s the Deal With Appraisals?

A property appraisal is a report that is ordered by a lender, which enables them to objectively assess the fair market value of the property. Lenders have appraisals done because ultimately they are staking the purchase and they don’t want to pay more for a property than what it’s worth...

Continue Reading by Antoine Martel Tuesday, March 2nd, 2021

Real Estate as a Hedge Against Inflation

Over the course of the past year and a half, the U.S. government has disbursed trillions of dollars of free money to individuals. The money is intended to help struggling families that are impacted by the business restrictions that have been placed on society due to COVID. Two rounds of...

Continue Reading by Antoine Martel Tuesday, February 23rd, 2021

Meet the Martels

You probably know a lot about MartelTurnkey and the quality turnkey rentals that are available here on the website. But how much do you know about the Martels themselves? Since MartelTurnkey is a family company, we thought you’d like to get to know each family member a bit more personally,...

Continue Reading by Antoine Martel Tuesday, February 16th, 2021

20 Fascinating Facts About Cleveland

At MartelTurnkey, we’re also heavily invested in Cleveland, Ohio. While we love this city for its job opportunities for tenants, generous landlord laws and fantastic cash flowing properties, there are many other fascinating facts about Cleveland that you might like to know. We’ve compiled an assorted list of juicy tidbits...

Continue Reading by Antoine Martel Tuesday, February 9th, 2021

25 Interesting Facts About Memphis

It’s essential to learn as much as you can about an area before investing. But what you need to know as an investor about a city such as Memphis often overshadows the truly interesting facts about an area. Sure, Memphis is home to some of the largest employers in the...

Continue Reading by Antoine Martel Tuesday, February 2nd, 2021