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Updated over 5 years ago on . Most recent reply

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11
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Bryan Terry
  • Oklahoma
9
Votes |
11
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New Member Introduction

Bryan Terry
  • Oklahoma
Posted

Hello Bigger Pockets Community! I am just starting out in real estate investing.  I currently work as an Aerospace Engineer and I plan to become a buy and hold investor of residential real estate.  I am currently looking to purchase a multi-unit property in Oklahoma City (OKC).  I currently live in Utah, but travel to Oklahoma frequently for my day-job.  

My overall goal is to become financially independent through real estate within 10 years.  I am ready to purchase my first property ASAP and plan to purchase one property every six months to a year thereafter.

I am looking forward to being an active member on Bigger Pockets!
  

Most Popular Reply

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1,460
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Cassi Justiz
  • Rental Property Investor
  • Edmond, OK
1,594
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1,460
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Cassi Justiz
  • Rental Property Investor
  • Edmond, OK
Replied

@Bryan Terry

Welcome to BP! I think you will find that Oklahoma City has a great community of investors that are always happy to help. There are a few REIAs, BP meetups and other REI meetups as well. Next time you are in town definitely see if you can make it to one of the meetups. A few get posted on here but there are several other ones on meetup.com as well.

As far as the multifamily properties in OKC, just make sure you run your numbers on what will work for you. I wouldn't recommend writing off SFHs either. Most of the investors in this area are choosing SFH over multifamily because they are typically bringing in better returns. I'm not saying you can't find good deals on multifamily properties, but a lot of them are priced at a point where they actually have lower returns than the equivalent SFH.

Feel free to reach out if there is any way I can help! 

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