New to real estate

[Rian Madden]

Thanks for having me as a member of the community. I've had a rental property in the Portland (OR) metropolitan area for the past six years. I recently decided to expand my portfolio. My friend from the Marines Corps is partnering with me and we are just starting out. We are considering properties in the Oklahoma City market at this time. Any advice is greatly appreciated,. 

[Brendan Harrison]

Hey, welcome to the community!

That's great that you’re expanding, and Oklahoma City is a solid market with a lot of potential. Since you already have experience with rentals, you’re in a good spot. My advice would be to focus on cash flow properties, especially in areas where you can get consistent returns, and consider Section 8 housing for guaranteed income.

Also, leverage your experience in Portland to streamline processes with your new partner, and build a strong local team (agents, contractors, etc.) in OKC to make things smoother.

Feel free to reach out if you need any specific advice—happy to help!