May 17, 2021
Understanding Turnkey Investment with Dave Payerchin
Information is power. Have you been willing to invest in single-family units, but you don’t feel like you have enough information to help you make a decision? This episode is for you. Today, we have Dave Payerchin joining us on the show. We’ll be helping you understand the turnkey investments.
Dave is a good friend of mine. I’ve known him for about five years now. We have made mission trips together, we have spent time broke bread. We’re part of multiple masterminds together. So I know this man; he has a heart of gold, he loves to help people.
Dave and I will be talking about Turnkey investments, blockchain technology, inflation, and its effects on the economy.
Listen in and learn.
Key Talking Points of the Episode:
[01:18] Getting to know Dave and what he does
[03:01] Turnkey investment property
[05:28] Pitfalls that comes from investing in real estate
[09:05] Dave’s opinion on real estate
[12:19] Finding the suitable turnkey
[17:18] Is blockchain technology going to be a valuable and consumable service?
[21:09] Multifamily versus single-family investments
[31:44] Effects of money printing on the economy
[37:10] Protecting yourself from inflation
[46:19] cash flow expected from $150,000 investment
[51:00] Dave’s a bad experience with a turnkey provider
Quotable Quotes:
“It’s hard enough to buy a house without somebody giving it to you on a silver platter. But to deal with tenants and provide a quality tenant experience is impossible to do it yourself.”
“The great thing about the difference between a television and a piece of real estate is the TV immediately goes down to value the minute you walk out the door, but the real estate always goes up.”
“Be careful out there for these like the charlatans that are excellent salespeople have real estate, but they have no operations in place at all, except for the operations of finding more customers to sell to.”
Connect with Dave Payerchin:
LinkedIn: https://www.linkedin.com/in/dave-payerchin-7811a769/