Today’s guest, BJ Gremillion, shares his success in the turnkey rental business and property management. Dive into this episode to discover the growing markets for turnkey investing, the significant function of property managers, and things you must consider when holding and selling turnkey properties. Stay tuned if you want to know how your failures will motivate you to succeed!

Key Points & Relevant Topics

• Current situation of the real estate business in Tennessee
• Why a virtual property tour is not always a good idea for investors
• What it’s like to be a landlord in Georgia, Tennessee, and Arizona
• The importance of transparency and proper disclosure in selling turnkey properties to investors
• Property management’s critical role in a turnkey rental business
• What causes failure in real estate? 

Resources & Links

• Real Powerhouse Podcast
• Apartment Syndication Due Diligence Checklist for Passive Investor

About BJ Gremillion

BJ has been a real estate investor since 2008 and has enjoyed the variety and fast-paced change each year brings. Some might say 2008 was a rough year to get started but it was the time of his life. He enjoys the process and work that goes into building a brand and positive culture. 

BJ has purchased and sold thousands of properties with multiple exit strategies including lease options, long-term and short-term rentals, wholesaling, RV storage, commercial offices, fix and flipping, creative financing, land developments and entitlements, spec building, and custom new builds. Currently, he holds real estate in Arizona, Michigan, Alabama, Georgia, and Tennessee.

BJ is a huge football and basketball fan but at the end of the day, the sports and even the business take a back seat to what’s most important in his life, his wife Alexis, and their 5 kids. Nothing brings BJ more joy than those 6 people and he feels incredibly blessed.

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