MartelTurnkey started by owning every single house that it sold on the site, but now some of the houses we sell are not owned by us but rather are done by out students from FlipSystem.com. We teach people how to fix and flip their own houses and give them the ability to sell their houses with us at the end!

We earn our money by seeking out distressed properties in economically viable markets across the U.S. We fully rehab those properties, put a property manager and tenant in place and then sell at a profit as turnkey rentals to real estate investors. 

There are a few steps involved. A helpful infographic can be found here.

Yes you can. However, most of the turnkey rentals that we have available already have tenants in place and we do not like to disturb the tenants.

Yes, all of our turnkey rentals are sold with tenants in place, unless otherwise described.

We have lenders lined up ready to finance the purchases of your turnkey rental properties. Whether you will be using conventional financing or buying through your retirement account, we have lenders ready to go. You are free to use your own lender as well; however, we highly recommend using our lender as they already know our product, process, and neighborhoods.

There are many alternative ways to finance turnkey rental property purchases. A thorough discussion of this topic can be found here.

Our goal for you is to buy our turnkey rentals with tenants in place, which means the cash flow begins to come in from day one!

A full discussion of turnkey rental insurance recommendations can be found here.

Natural disasters would be handled through your rental property insurance company, just the same as your primary residence.

MartelTurnkey does not provide direct property management services. However, we do have a property management team in place for every turnkey rental property we own and sell. When you buy from us, you’ll have the same property manager that we use for our own properties. If you wish to use someone else, you’re always free to do so.

You can contact the property management company about a property you have under contract. Just let us know and we will furnish the contact information.

The property managers we use charge 10% of collected rents. If a new tenant is signing a lease then the property manager takes 1st months rent as a fee. If a tenant is renewing a lease then the property management company will charge a nominal fee of $100-300. These charges are subject to change.

The property manager will advise you in this situation and act on your behalf to collect late fees and/or engage in court proceedings for eviction. All of the states that we invest in are landlord friendly states, which makes these processes inexpensive and effective.

After the property management company receives the maintenance request from the tenant, they will arrange for repairs to be completed.