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Updated about 9 years ago on . Most recent reply

User Stats

77
Posts
8
Votes
Jason K Green
  • Finance/Banking
  • Irvine, CA
8
Votes |
77
Posts

Tulsa Cap Rates

Jason K Green
  • Finance/Banking
  • Irvine, CA
Posted

Are there any investors in the Tulsa area that can tell me what a realistic cap rate is for that area?

Thanks in advance!!

Most Popular Reply

User Stats

186
Posts
208
Votes
Nate Garrett
  • Property Manager
  • Tulsa, OK
208
Votes |
186
Posts
Nate Garrett
  • Property Manager
  • Tulsa, OK
Replied

@Jason K Green

I would reconsider buying a rental property in Tulsa with a market value of $40k. There are investors that specialize in that niche, but they typically manage the properties themselves and do most of the repairs themselves. Their cash flow is created not by the property but through the value of their property management and maintenance labors.

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