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Updated over 7 years ago, 08/15/2017
New Member Introduction... AND First Deal
What's going on everybody! My name is Alex Owens, I am 22 years old, and I just graduated from the University of Oklahoma. I began my real estate journey two years ago when - as a Finance and Accounting student - I realized that real estate holds more economic opportunity than any investment vehicle I was being taught in school - namely stocks, ETFs, commodities, mutual funds, bonds, currencies, 401(k), IRAs, etc. In 2017 I started the University of Oklahoma Real Estate Club where we successfully recruited over 50 members in 3 months time (we even had a guest appearance from BP's very own Brandon Turner!) I graduated with a passion and hunger for real estate investing and took a job as Acquisition Manager for a real estate fund in Oklahoma City.
Today, August 14, 2017, I am ecstatic to announce that I have my first investment property under contract! It is a 3,900 sq ft Duplex in Oklahoma City, OK near Lake Hefner renting at $850 each side, with a purchase price of $145,000. The property is rent-ready and currently leased on both sides. I have attached a photo of the BP report I did on the property and I would love to get some feedback from the community. Please let me know your thoughts!!