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Updated over 2 years ago,
Investing in Tulsa, Oklahoma
Hey everyone,
First post but have been following this community for a while. I own a general contracting/home building business up in Toronto Canada, and have been wanting to get into REI, but am priced out of the market up here (and don't care much for $1.4 mil semi-detached homes). A friend of mine (and a Tulsa native) is also looking to break into REI and would like to start in the city he knows so well, and I have long wanted to start in the states as well. I'm looking for general advice and connections in this area.
From those who have invested in Tulsa, what's your outlook on this market ? From my understanding the strategies are mostly long term holds and properties often cashflow. Does this still hold true with the price increases of the past 2 years ? Should a neighboring town be targeted, or are there certain sides of the city more favorable to investments ? We're open to single family but prefer multi-family, and are able to rehab and hold or sell.
I'd love to connect with some local investors . Also would appreciate recommendations for legal professionals or accountants (due to our unique partnership i.e. involving foreign investment, double taxation, syndication, etc). If you're from Tulsa or invest there, or know anyone that is I'd love to connect! Thanks!