Recommendations for Oklahoma City Turnkey companies?

[Neil Anthony]

I'm looking to start out and I'm doing my due diligence in picking a market to invest in out-of-state. As such, I'm wondering if anybody has any recommendations for turnkey companies in OKC?

I'm buy and hold and looking for cash flow.

Thanks!

Neil

[Cassi Justiz]

Hi @Michael Evans, 

There are a few turn-key providers that have moved into the OKC market now. If you choose to go the turn-key route, definitely do your research on the numbers the company is giving you. Several of the national chain turnkey providers are charging significantly (25-30%) over retail prices just because they placed the tenant and did a make-ready. If you are looking for turn-key, definitely stick with the local providers. Their numbers are a lot more realistic.  

Another strategy that you may consider is buying directly on-market. The OKC market is priced well enough that I can typically find C class on-market properties that are rent-ready and meet the 1% rule. It's not a true "turk-key" investment, but it can be pretty close to that as long as you get a good property manager on board.