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Updated almost 7 years ago on . Most recent reply
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Question on Investment Areas in OKC
Hey all! I was just going through and looking at some properties in the OKC area and was wondering if there were any agents/investors that had some insight into the areas around OKC. I have seen certain deals that have good prices, and with some renovations the houses would seem to jump in value, but I'm not sure the area is the most attractive. I've been looking mostly in areas west of I-235, around 23rd/36th streets north of I-44. I am looking for some starter properties as I am newer to REI but wanted to get some opinions before I dive in.
I live in Edmond so I will be able to drive these areas out as well and see for myself what they look like during the day/night as well. If anyone has any knowledge of this area or others please let me know!
Most Popular Reply
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What's going on Jacob!
It is really going to depend on what strategy you are looking for. If you are looking for flips, Edmond is a fantastic area as well as some areas in midtown (Paseo, Mesta Park, possibly Tenn-Pen,) and Lincoln Terrace is a hot area right now.
If you are looking for rentals, I have found deals all over the OKC metro. The south side is going to be lower-end rentals but the cash flow can be great. Conversely, rentals in areas of north OKC and Edmond will tend to attract a little higher rent and higher qualify tenant - however your cash flow may suffer.
I would love to discuss specific areas further with you, lets meet up for lunch or coffee sometime!