Oklahoma newbie in a smaller-town market

[Tim Johnson]

Hi all! Recent OU graduate here working full-time in Bartlesville, OK (population ~30,000). About 40 minutes north of Tulsa, OK. Also interested in Collinsville, Skiatook, and Owasso... hello, keyword alerts!

I am looking to learn from active community members so post here if you want to gain a follower! I also have a couple of questions so feel free to share your thoughts on any of these topics:

1) Are there any real estate clubs in the Bartlesville / Tulsa, OK area?

2) What are some important things to know about the real estate market in this area, or similar type markets? (oil industry exposure... lower property values... smaller town, but commuting distance from bigger city... NE Oklahoma...)

3) Pros / cons of getting a real estate license?

4) Pros / cons of forming a partnership or similar legal entity with one or two partners?

A bit about me: I am interested in building passive income and generational wealth. I have a bit of family exposure to management of rental properties and I am very methodical and goal-oriented, plus I have income available to invest and no student debt; real estate seems like a good path for me to achieve my dreams.

Thanks for reading!

[Scott Carder]

Welcome! I have a couple of SFR in Owasso. As you know Bartlesville lives and dies by Conoco/Phillips so you always have that to worry about.