Jul 19 2024 25 mins
Curious about generating passive income through real estate without the hassle of day-to-day management? In this episode of The Agent of Wealth Podcast, join host Marc Bautis as he dives into the world of turnkey real estate investing with guest Scott Stanfield, author of Passive Profits: The Turnkey Investor’s Guide and founder of Tuxedo Press, LLC. Discover how Scott transitioned from a career in engineering to building a successful portfolio valued at over $3 million, and explore his strategic insights into selecting, managing, and scaling turnkey properties.
In this episode, you will learn:
- What turnkey rental investing is, and how it allows for passive income with minimal management.
- What criteria to look for in turnkey rental properties.
- The importance of prioritizing cash flow over appreciation in turnkey properties.
- Risk management and scalability strategies for turnkey rental properties.
- And more!
Resources:
Episode Transcript & Blog | scottastanfield.com | Passive Profits: The Turnkey Investor’s Guide | Bautis Financial: 8 Hillside Ave, Suite LL1 Montclair, New Jersey 07042 (862) 205-5000 | Schedule an Introductory Call