Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 3 years ago,

User Stats

5
Posts
3
Votes

Broken Bow - 1BR, 2BR, or 3BR?

Posted

Hello BP'ers! We’ve narrowed our search for our 1st investment property to Broken Bow, OK. Initially we decided we were going to do a 3-4 BR rental (with my brother in law as a partner to help with the DP), but I’m wondering if it’s better to do a 1-2 BR and do it solo, if the net cash flow will be almost the same at a lower purchase price? Also we will be closer to the property (my bro in law lives in Austin) so most likely we will be managing it more than they are (therefore, we would rather take in 100% of the profits :-)). 

Historically, do 1 BRs have better occupancy rates than 3BR at BB? What are the pros and cons of either one? THe only reason we were thinking of getting a 3BR is so we can use it with family. I would love your inputs! 

Loading replies...