Oklahoma City Realtor

[Joel Cohen]

Hello, I'm doing research on the OKC area as an out of state investor. Does anyone out there have a realtor they would recommend? Somebody who understands what an investor is looking for and who can find opportunities?

[Landon Whitt]

Thanks for the love Alex. Oklahoma city just topped the nation as the highest percentage of vacation and investment homes as of JUNE 12TH 2018 (%15.4). We just beat Miami (%14.5),  do you believe that? You can read the full article on inman. Its been a fast and furious last 2 years and we have seen explosive growths in rental prices coming out of it. Solid homes for rock bottom prices in a relatively linear market that provides stable long term cashflow. Thats what should come to your mind when you think OKC. However the gravy train wont last much longer, you have about 2 more years to get in on this before there is just too much competition to hit the numbers we love about our town. With higher investment demand comes higher prices. We all know rents lag behind appreciation and OKC is no different.  Something that could tip the scales was last months announcement; Amazons newest project to provide a OKC based "fulfillment center" to service the central united states has turned alot of heads. Companies like Costco and Paycom have already made expansion plans with many tech and service companies following pursuit. The low cost of living, property taxes and cheap labor are appetizing.  We are seeing a real shift happening here. OKC has a real chance at becoming the next Dallas Texas. Get in now while the prices are still low.