Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. 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.
General Real Estate Investing
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 about 9 years ago on . Most recent reply

User Stats

1,638
Posts
1,060
Votes
Cal C.
  • Investor
  • Peachtree Corners, GA
1,060
Votes |
1,638
Posts

U.S. Oil/Gas Rig count down 60% in a year.

Cal C.
  • Investor
  • Peachtree Corners, GA
Posted

In a way this is good news since it may portend the end of the oil glut, but for all of those oil field workers, oil companies and suppliers this reflects a lot of pain.   It will also be painful for landlords investing in oil heavy areas.  


Baker Hughes Rig Count

Most Popular Reply

User Stats

291
Posts
102
Votes
Callum K.
  • Rental Property Investor
  • Tulsa, OK
102
Votes |
291
Posts
Callum K.
  • Rental Property Investor
  • Tulsa, OK
Replied

Yeah, it's pretty bad here. Although we are beginning to see some opportunities in Oklahoma. Mostly I see wealthy people living paycheck to paycheck trying to sell their expensive homes because they lived beyond their means. I'm hoping to seize the opportunity and buy some more rentals in the next year or two

Loading replies...