Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Local Real Estate Networking
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 4 years ago on . Most recent reply

User Stats

4
Posts
0
Votes
Steven Pratama
  • New to Real Estate
  • San Francisco Bay Area
0
Votes |
4
Posts

Investing Tips for OK - OKC Metro Area, Norman, and Edmond

Steven Pratama
  • New to Real Estate
  • San Francisco Bay Area
Posted

Hi Everyone,

I'm looking to purchase my first OOS single family rental property in Oklahoma. I'm currently looking at OKC Metro Area, Norman, or Edmond. I'm really interested in the future growth of the Oklahoma City especially with the approved MAPS 4 Project. I'd appreciate any local insights or knowledge that you may have.

My buying criteria is as follow

  • Property Type     Single Family
    Market               Oklahoma
    Neighborhood     Edmond, Norman
    Property Details  min. 2BD 1BA
    Neighborhood     B to C+
    Property value    < $150,000

Thank you.

Most Popular Reply

User Stats

3,019
Posts
2,321
Votes
Will Fraser
  • Real Estate Broker
  • Salt Lake City & Oklahoma City
2,321
Votes |
3,019
Posts
Will Fraser
  • Real Estate Broker
  • Salt Lake City & Oklahoma City
Replied

Hi @Steven Pratama, as a local investor and agent I couldn't agree with you more.  The MAPS programs on the whole, and especially the current and previous iterations, have embodied some of what I look for in long-term investment markets -- governments making decisions that will positively impact values in 15-30 years.

As far as Edmond, Norman, and the rest of the metro -- there's plenty of value to be found all around, and certainly in both of these suburbs.  My personal opinion would be that Norman will give you "better deal", but Edmond is a "better bet."   


There's more to unpack on this subject, but in short your criteria seem reasonable and achievable!

Loading replies...