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All Forum Posts by: Ben Scott

Ben Scott has started 65 posts and replied 507 times.

Post: OKC Zoom Meet Up to talk Oklahoma City Real Estate Investing

Ben Scott
Posted
  • Property Manager
  • Oklahoma City, OK
  • Posts 523
  • Votes 328

Password is: pockets. Local and out of state investors getting together virtually to discuss the Oklahoma City real estate market. All are welcome. 

Post: The First Step is Killing Me

Ben Scott
Posted
  • Property Manager
  • Oklahoma City, OK
  • Posts 523
  • Votes 328

Congrats on starting the journey. With eviction moratoriums and COVID, I imagine there are tired landlords in your market. If you can identify any that own a property free and clear, you could negotiate an 'owner finance' deal. You create a note and mortgage with the owner. Then restrictions are much less than with a bank. Acceptable down payments are 5-10%. Interest rate one above prime. Most tired landlords just want the cash flow, that check coming in every month.  If you take on owning and managing the property, you can pay off your debt with minimal cash down and no ding on your credit. I'd start with your personal network and identify any in your sphere of influence that fit that criteria.

Post: Oklahoma City (OKC) Real Estate Meet Up on Zoom

Ben Scott
Posted
  • Property Manager
  • Oklahoma City, OK
  • Posts 523
  • Votes 328

NEW LINK TO VIRTUAL MEETING. If you joined past calls, please note the link has changed. Local and out of state investors are welcome for a round table discussion on real estate in the Oklahoma City market.

Post: Earnest Monies Refund

Ben Scott
Posted
  • Property Manager
  • Oklahoma City, OK
  • Posts 523
  • Votes 328

I'm sorry you're having to go through this. Did you have an agent representing you on the purchase? Your agent should get a form signed to release the earnest money. There should be language in either the contingency form or the VA loan addendum allowing you retrieve your earnest money.

Post: OKC Zoom Meet Up to talk Oklahoma City Real Estate Investing

Ben Scott
Posted
  • Property Manager
  • Oklahoma City, OK
  • Posts 523
  • Votes 328

Bi-weekly real estate meet up to discuss the Oklahoma City market. All are welcome. Local and out of state. Just like minded folks getting together over the internet to discuss OKC real estate.

Post: First Post on BP, Looking to meet some investors here in Oklahoma

Ben Scott
Posted
  • Property Manager
  • Oklahoma City, OK
  • Posts 523
  • Votes 328

Throw out an address or deal you're interested in and see what folks say! :)

Post: Oklahoma City (OKC) Real Estate Meet Up on Zoom

Ben Scott
Posted
  • Property Manager
  • Oklahoma City, OK
  • Posts 523
  • Votes 328

You bet! We'll meet again on Wednesday, Dec. 2. I'll send you a DM of the link.

Post: First Post on BP, Looking to meet some investors here in Oklahoma

Ben Scott
Posted
  • Property Manager
  • Oklahoma City, OK
  • Posts 523
  • Votes 328

Hey @Kaden Dunlevy, I host a bi-weekly virtual meeting every other Wednesday at 1pm. Next meeting will be Wednesday, Dec. 2. Put it on your calendar and look for it on the events page. 

Post: OKC Zoom Meet Up to talk Oklahoma City Real Estate Investing

Ben Scott
Posted
  • Property Manager
  • Oklahoma City, OK
  • Posts 523
  • Votes 328

My apologies if you couldn't join. I had distributed two different links and since I opened one meeting it wouldn't let me end that meeting and start another. I'll correct the issue for the next virtual meet-up.

Post: OKC Zoom Meet Up to talk Oklahoma City Real Estate Investing

Ben Scott
Posted
  • Property Manager
  • Oklahoma City, OK
  • Posts 523
  • Votes 328