All Forum Posts by: Austin Wolff

I would have to see actual data on a median & value adjusted basis to believe that OK is anywhere near Fl on a dollar for dollar comparison. I just did a quick lookup on Bankrate for 2024 and for 300k of value in OK was almost $1k less than 300k of value in FL (4800 vs 5600). 

The problem with averages is that a large number of high or low value properties can skew the figures either way. FL has a ridiculous number of low-value properties, everything from essentially campers on 55+ lots to MH parks everywhere to run-down shacks in much of the rural areas, all of which is going to drag down the average premium. I'm sure OK has its share of dumps but you really have to drive around FL to truly appreciate how much low-cost housing there is. 

Quote from @Russell Brazil:

 yep that does it, we lost our home in 99 in an f5 when I was younger,  no close calls recently in OKC though,  also seems like tornado alley has shifted a bit to the east but who knows.

I've been studying real estate investing the last few years and am considering jumping in. I am 23 and married and just about to finish my bachelors degree this Summer. My wife and I run collegiately and can potentially get schooling and living expenses (such as housing) paid for with a sports scholarship. We have about 30K saved and are willing to move just about anywhere in the country (spots that cashflow??). Would it be wise to try a house hack (considering I can find a deal!) and dive in? Or would I be wiser to wait until I have a 9-5 post college and just enjoy these years and hope market conditions become more favorable? Thoughts? Thanks?

Hey Austin,

That's a solid question. From what I've seen, the average view-to-application ratio on platforms like Facebook Marketplace can vary quite a bit, but a general ballpark is around 5-10%. So for every 100 views, you might expect 5 to 10 applications. Given that you've had 483 clicks with no applications, it might be worth tweaking a few things before dropping the rent.

I had a client who also had a property in Fayetteville and who faced a similar issue. He was getting plenty of views but not much action. We updated his listing with better photos and added some details about the neighborhood amenities-like the nearby parks and cafes-and it made a real difference. Sometimes highlighting those little perks can catch someone's eye.

Also, consider whether your listing is reaching the right audience. Some channels like Youtube and Google have better segmentation options for real estate.

Don't get discouraged. A few small changes can turn things around.

If you want to brainstorm some ideas or need a second pair of eyes on your listing, feel free to reach out. Always happy to help.

Jasper / Pat

Turning investment visions into REALITY in Phoenix, AZ - Ranked #1 for residential real estate growth and opportunity by PwC

 If you live in Los Angeles, maybe you want to change your description from Fayetteville, Arkansas. Lol.