It’s becoming one of the more popular means of investing in real estate these days, and there’s not much work involved in it – if you make the right purchase.

It’s called turnkey rental property investment, and it offers investors lucrative ways to make a profit with minimal work involved. Turkey rentals are perfect for those that might be too busy or disinterested in putting in too much work into the property.

This passive form of real estate investment has been increasingly attracting young millenials who like the idea of owning property, but not necessarily in the traditional sense. Turnkey properties offer investors the opportunity to become homeowners while collecting an additional revenue stream to contribute to an investment portfolio.

But like all other types of investments, they come with some risks. Be wary of the following warning signs before you claim title on a turnkey property.

The Seller Won’t Accept Financing

Huge red flag here. The majority of buyers tend to leverage financing order to be able to buy properties, whether it’s for a primary residence or an investment property. If the sellers try to feed you some line about how the demand is so strong that they can snag a cash buyer within 24 hours, proceed with caution. They’ll tell you that their properties on flying off the shelf, and that they only sell to those who can pay with all cash.

Many of these cash-only turnkey providers probably don’t want to deal with financing because they’re probably worried that their properties won’t get appraised at the value that they are trying to get you to buy them for. Basically, they’re trying to rob you blind. Even if you’ve got the cash to pay in full, you’d still be smart to have the place appraised anyway just to make 100% sure that the real value property is exactly what you’re buying it for.

The Seller Needs a Minimum of 30 Percent Down

Some turnkey property sellers will offer their own financing. But if they ask for at least 30 percent down – or more – think twice.

To get you to comply with their request, they could tell you that a larger down payment will reduce your monthly payments, and thereby boost your cash flow and your equity in the property. The thing is, this could really just be a scheme to make you feel more comfortable about the purchase after the property has been appraised for less than what they’re selling for. Play it safe and get your own lender and go the traditional lending route.

The Seller Also Happens to Be a Marketing Specialist

Much of real estate has to do with effective marketing. After all, you’re probably most likely to come across properties that have been marketed really well before any others. In some cases, you could find a turnkey property that’s being offered by a marketeer at a decent price. But just keep in mind that marketing wizards are basically selling other people’s properties, just with a hiked-up price.

They need to make a buck too, so you can’t really blame them all that much. But don’t forget that buying directly from the turnkey provider can potentially save you a good chunk of change off the purchase price. Ditch the middleman and keep that money in your pocket.

Most of the Seller’s Turnkey Properties Are Located in Shady Areas

Some turnkey providers will try to unload their properties and make a quick buck by trying to sell properties that are in the crappy parts of town. They’ll claim that you can make a really good return on investment on properties in these areas. Take a few minutes to get to know the crime rates in the areas that these properties are located in. If they’re higher than the national average, run.

Keep your eyes peeled for these red flags when searching for the right turnkey rental property to add to your investment portfolio. Not all turnkey providers are shady, but some are. Team up with a real estate agent that’s well-versed in the world of investing in these types of properties to make sure you’re making a sound decision that won’t eat up your profits or cause you headaches.

Going home for the holidays? You’ll be in good company: one-quarter of Americans take to the open road – or sky – to reunite with family to celebrate the holidays every year.

Besides meaning a time to enjoy the company of loved ones, it also means that thieves are on the prowl, waiting for families to vacate their homes to provide them with an increased opportunity to steal.

If you want to make sure that all your valuables are protected when you’re gone, you’ll need to take measures to secure your property against break-and-enters. And oftentimes that means making it look as if you’re still at home, even if you’re not.

Put a Hold on Your Newspaper and Mail Delivery

Want to send the message out to thieves that you’re not around for a few days? Let your mail and newspapers pile up. Of course, that’s not what you want to happen, so you’d be well-advised to make a call to put a hold on mail and newspaper delivery until you get back. The local post office can hold your mail for up to 30 days, and the newspaper can be postponed indefinitely.

Set a Timer For Your Lights

When you’re out of town, set a timer for all the lights inside and outside your home. Having an automatic timer will set the lights to come on and off at certain times, making it look as if someone is there. Having said that, you should have a close look at any strings of holiday lights before putting them on a timer. Any cords that are frayed or damaged in some way pose a fire hazard. If that’s the case, go buy yourself some new ones.

Make Sure Everything is Locked Up – Including Your Windows

That goes without saying, right? Who leaves their home – for days at a time, no less – without locking the doors or windows?

Lots of people.

It can happen to the best of us. But if you’re in the habit of leaving your doors and windows unlocked more often than not, the holidays are the perfect time to whip into shape. Start making it a habit of asking yourself certain questions before leaving your house, including whether or not the home is adequately secured and locked up. A well-secured home is more of a deterrent to would-be burglars. The easier you make it for them to get into your home, the better the odds of them taking action.

Install Deadbolts on All Exterior Doors

Make it harder for burglars to break into your home by deadbolting all the doors that lead to the outside. It’s just another hindrance for thieves who are scoping out targets in your neighborhood. Even if you’re only leaving the house for a half hour while you pick up groceries, you should deadbolt your doors every time.

Don’t Advertise Your Vacation on Social Media

People just love posting about all their daily happenings on Facebook and Twitter, whether it’s the new cookie recipe they’ve discovered or how disappointed they were in last’s night’s episode of Grey’s Anatomy.

But one thing you should never post on social media is how much you’re enjoying your vacation abroad. Broadcasting where you are and how long you’ll be there can be a real danger. You’re basically announcing to the world – including criminals – that your home is vacant at the moment.

Keep the fact that you’re nowhere near home offline, and wait until you’re home to post your favorite holiday trip photos.

Install a Home Security System

One of the best things you can do to prevent a break-in during the holidays is to have a professional home security system set up. One of the great things about these systems is that they give you peace of mind knowing that they’re always working – whether you’re asleep, at work, or on vacation. Having your home monitored with a sounding alarm that immediately dispatches the authorities is a fantastic way to ward off thievery.

The holidays are a happy and joyous time – the last thing you want is for this cheerful season to be ruined after having your home ransacked. Take these steps to keep your home and valuables as safe as possible while you’re enjoying your holidays abroad.

Buying or selling a home isn’t just like any other transaction – these are the big leagues, which means you need a tried-and-true slugger who will cover all the bases and make sure you walk out of the deal hassle-free and with money in your pocket.

But not every real estate agent is created equal. While it might be easy to just go with the neighbor who just happens to be an agent, or with the broker that your sister used to sell her home, a little more research and due diligence is called for.

You’re not just working with your real estate agent – you’re in a business relationship with them. So make sure the agent you choose is right for you.

Here are a few questions you should be asking prospective agents before signing a contract.

1. How long have you been an agent?

Sounds like a boring interview question, but it’s a relevant one. The longer the’ve been in the market, the better. Being a good real estate agent is a lot more about real-life experiences than about the initial educational courses taken. And if that agent has worked with a ton of clients that are similar to you and your needs, you’ll be better represented.

There might not necessarily be any magic number as far as number of years of experience is concerned, but you should still keep your eyes peeled for agents who have enough transactions under their belts to easily handle real estate deals from A to Z with little hiccups.

You should also probably consider whether or not the agent you’re interviewing works in the market on a part-time or full-time basis. Lots of agents do this part time and on the side, which means they probably won’t be able to offer the level of expertise and service that a professional who does this every day can.

2. What areas do you specialize in?

Ideally, you want to work with an agent that works closely in the area that you’re buying or selling in. That way, they’ve got their finger on the pulse of what’s happening in the neighborhood. If you’re buying, they’ll have the inside scoop about which properties are coming up for sale that match your criteria. If selling, they’ll know exactly what buyers are looking for, and will coach you on how to price and present your home accordingly.

Neighborhood expertise is crucial, because different community markets can have different traits and idiosyncrasies. What may be relevant in one specific area may not be in another. For example, the suburbs are much different than city centers. If the agent you’e considering usually works in neighborhoods far from your home, it’s highly possible that he or she isn’t as familiar with your area’s market than necessary.

3. How will we be communicating with each other?

Being able to stay in touch with your agent at a moment’s notice is important. A lapse in communication of just an hour or two can mean the difference between getting an offer accepted and missing a great opportunity. The agent you team up with should communicate the way it’s most convenient for you, whether it’s via email, phone, or text. It’s the real estate agent’s job is to communicate the way the client wants or needs.

4. How will you be marketing my home?

You can’t just plant a for-sale sign on your lawn and expect the buyers to come flocking. Marketing a property involves way more than that, and it’s up to you to ask your real estate agent what marketing channels will be used to market your home if you’re selling. Having your home advertised on the MLS is crucial, because it puts your home in front of the eyes of other agents working in your area, as well as buyers who are doing some of their own research.

In addition to the MLS, ask the agent how many other website your home will be listed on. In addition, ask if the listing will be placed in the newspaper, local real estate magazine, or anywhere else where buyers will be looking.

Look at the agent’s past listings, which will show you how well he or she is able to boost the visibility of a property. Also, make sure that the real estate agent you hire uses high-quality images for your online ads, which will show better to prospective buyers in your neighborhood.

5. Do you work within my home’s price range?

Ideally, your agent should have a decent amount of experience working with homes within your specific price range. That way, your agent will probably have a more skilled ability to see your home through a potential buyer’s eyes. If they’ve got experience dealing with buyers who are looking for properties within the same price range that you’re listing your home at, this will help the agent be more effective at negotiating at the bargaining table.

No matter how formally a real estate agent has prepared a sales pitch to convince you to use their services, make sure that they give you the answers you’re looking for. The agent you’re questioning may be an excellent one, but not necessarily right for you and your specific situation. Be sure to have a list of these questions written down so you don’t miss one, then jot down any additional queries you might have during the interview. The time taken to ask a few questions is well worth it to find the perfect agent.

It’s understandable – after finally selling your home, it can be tough to fork over the commission fee to a real estate agent. But before you fall into the FSBO trap, consider one very important thing: real estate agents can actually save you money.

That’s right.

While a commission is due at the end of the deal, the cost will pale in comparison to how much you can save through the process. Here are just a handful of ways how agents can save you cash when selling your home.

1. They’ll Price Your Home Right

Who wouldn’t want to list their home for millions of dollars, regardless of what it’s actually worth? Everyone wants to get as much money as possible for their property, but buyers aren’t dumb – they’re probably working with their own agents who are telling them what they should and shouldn’t offer on a property. There’s this little thing called ‘comparables’, and agents use them to gauge what homes are worth in a specific area. And while buyers’ agents are using these comps, so are sellers’ agents.

Here’s the rub – price your home too high, and you’ll send buyers running in the opposite direction. That leaves your home sitting on the market for weeks and even months without a bite. And the longer your home remains unsold, the more it costs you in the long run.

The other end of the spectrum is just as ugly – price your home too low, and you’re basically leaving a ton of cash on the table. The goal here is to make as much money as possible, which means you need to find that sweet spot as far as a listing price is concerned. With an experienced real estate agent on your side, you’ll have the expertise and tools necessary to price your home perfectly to get you the most money come sale time.

2. They Give You Awesome Staging Tips

The look of your home can be totally transformed with a few key pointers from your real estate agent. If you’ve had the same set-up and decor for years, that doesn’t necessarily mean that your home shows well to sellers. A seasoned agent will come in to your home and objectively gauge the space, then (nicely) tell you what’s working, and what’s not.

He or she will make suggestions about what you should get rid of and what you can keep, as well as how your present furniture should be arranged to maximize flow and functionality. Rearranging furniture to its optimal visual appeal will make your home more attractive to buyers.

Real estate agents can even bring in a professional home stager to make major changes to the space. These pros bring in their own furniture and accessories, and can make your home look like something that jumped out of a magazine. It’s a fact that homes that are well staged sell faster, and for more money compared to homes that are left as is. So it’s totally worth it to listen to staging tips from your real estate agent or stager if you want more money in your pocket at the end of the day.

3. They’ve Got Ties With Other Pros in the Industry

The savviest agents are the ones that have an arsenal of experts on the back burner to help you in all sorts of ways along the home selling journey.

Need a few repairs to your home before you put it up on the market? An agent can set you up with a contractor. Apprehensive about the mortgage process? Your agent can put you in touch with a trusted mortgage specialist. And what about all the legal stuff that comes along with selling a property and transferring title? Agents have a lawyer they can recommend to you.

Trying to find professionals such as these that are both experienced and trusted can be a full-time job. Luckily, that’s a hefty chore that you can strike off your list when you work with a competent real estate agent. Forget about throwing money in incapable hands – the experts you work with will come highly recommended, and maybe even with a discount.

4. They’ll Negotiate More Money on the Sale Price

The art of negotiation comes in really handy at the home selling table. Real estate agents are masters of this skill, and will pull all the stops to help you get the highest dollar for your home. The more money you make on your home, the more money goes into their pocket, so you can be sure that they’ll do their darnedest to squeeze every dollar out of the deal possible.

Whether the strategy is to sightly under-price the home to stimulate a bidding war, or to focus on super-motivated buyers that put up a sizeable deposit and offer a quick closing, agents are there to help put the most money in your pocket. And when it comes to deciding whether or not to accept an offer, counter it, negotiate the closing date, or change the contingencies, your agent is there to navigate these negotiations to get you the best deal.

5. They Save You Time

You’ve heard the saying before – time is money. Well, this phrase doesn’t ring any more true than during the selling process. Those who are inexperienced with the ins and outs of selling a property have no clue about how incredibly tedious and time-consuming it can be. It’s certainly not as simple as slapping up a For Sale sign, throw up a few photos online, allow the heards of buyers to flock, then accept the first offer that comes in.

There’s a lot more to it than that, and it can really suck the time out of your schedule. Who has time to take care of all the back-end stuff that comes along with successfully selling a home? Instead, leave it to a real estate agent to take care of all of that – after all, this is their full-time job, and they’re good at it.

Do yourself a favor – avoid the temptation to go the FSBO route in an effort to “save” some money. If you really want to save yourself some cash, work with an agent. Besides saving you money, real state agents will also save you a ton of hassle and headaches. That alone is well worth enlisting their services.