Ali Boone says turnkey real estate investments aren't too good to be true, but they're not flawless either. Human involvement always creates problems, no matter the intentions. Many investors get pitched value-add deals instead, which differ from the hands-off passive investment turnkeys promise.
And one of the big questions that has come up over the years are, are turnkeys too good to be true? Because on just exactly to your point, as you get an ad about it and it all sounds perfect, it's like a walk and go around. Just like with anything else, that's absolutely not true. And I could only wish that they were too good to be true. And the reason I tell people that they're not is because there are humans in the equation. And I say that once humans are involved, things are going to go wrong. Period. It doesn't, it doesn't matter how good someone's intentions are or whatever, things go wrong. This is still real estate investing. And I think turnkeys over the years have been painted to some degree as this like picture-perfect, hands-off, passive opportunity, whatever. So the two major things that I'll say in response to that is number one, the down— there is a downside to it, which you kind of alluded to, is the typical mindset or typical investment that investors are pitched is the value-add deal.
