How much does it actually cost to invest in turnkey real estate?

In this follow-up episode of Real Estate Connections, host Mary Foerster welcomes back Tim Robinson and Danny Cole to break down the real numbers behind turnkey rental property investing.In their previous conversation, they explained what turnkey investing is and how it works. In this episode, they take the next step by walking through the financial details. From purchase price and down payments to cash flow and cap rates, they show how investors evaluate whether a property makes sense.Danny shares a real example of a Birmingham, Alabama property priced at around $172,000 and explains what an investor would realistically need to get started. Tim adds insights from his own experience as an investor, highlighting how proper planning, education, and realistic expectations are essential to long-term success.Whether you're new to real estate investing or exploring passive income opportunities, this conversation offers a practical look at the numbers and the strategy behind turnkey investments.In This Episode You’ll Learn• What turnkey real estate investing actually means• Why turnkey properties can simplify the investment process• How much cash investors typically need to purchase a rental property• What cap rate and cash-on-cash return really mean• Why setting aside funds for maintenance and vacancies is essential• How financing options like DSCR loans can help investors grow their portfolio• Why long-term investing strategies often outperform short-term thinkingTim Robinson is a seasoned real estate investor with a residential portfolio across four states, a full time realtor in the DMV area, and co founder of The REI Concierge. He specializes in working with analytical investors who want disciplined, long term wealth strategies.Danny Cole has over 17 years of real estate experience and serves as a Senior Investment Consultant with Spartan Invest. He earned his BBA in Real Estate and Marketing from the University of West Georgia and believes in transparency and education above all else. He lives in Carrollton, Georgia with his wife and three children.Connect with Tim:http://www.statesideresidential.comhttps://thereiconcierge.com/Connect with Danny:https://spartaninvest.comhttps://go.spartaninvest.com/coleConnect With The Real Estate Connections PodcastIf you’re looking to connect with experienced real estate professionals in your area, reach out to the team at:[email protected] us Fan MailThis episode is intended for informational purposes only and does not constitute financial or investment advice.