All Forum Posts by: Chris Wilson

Welcome, I to am an investor in the oklahoma market. OKC has been pretty good for buy and hold, with low vacancies, low taxes and overall solid returns. I currently own 5 rental units in the OKC market, feel free to ask me anything if you need!

Yep that is the ad. We are offering to re-paint as needed with lease, rent and deposit, however with many of families in the area, they may want the rooms with different colors.

Good call though, I will add the re-painting rooms to the craigslist text.

Anyone who invests in the OKC market may be able to help!

I just closed a SFR April 11th, and am trying to rent this, however am not getting the traffic I expected. Let me preface with, I own 2 duplex's which rent in the range of 585-725 for all 4 units, and when I re-lease these I get 5-6 calls a day with a sign and craigslist.

Now I bought a nicer SFR that is located in Moore, OK, walking distance to elementary and middle schools. It is 1946 sqft, 2002 house, 4 bd/ 2 ba/ storm shelter, 2 car garage and outdoor sheds. I am attempting to rent it for $1495 with a deposit of $1495 and $250 non-refundable pet deposit, however I have had maybe 5 calls since I put the sign up (3 days ago) and one showing.

I don't want to wait 3 weeks, before I realize to lower the price; however at the same time I don't want to jump into this with such a low price. Is this priced to high, or is typical for higher end houses? Any suggestions?

Welcome Brent.

I too have a new baby girl (3 months old), and am following a similar path. We currently own 2 duplex's which we rent out both side, and are closing on a new SFR this Friday. We live in Moore.

Thanks everyone. Hopefully see you guys around the forums.

Thanks all. The duplex/SFR I have been buying have ranged in 0.95% - 1.1% of monthly rent to purchase price. My duplex's are older and are near the 1.1%, while my SFR is newer and closer to the .95%. Surprisingly I think I like the SFR, (lower maintenance costs and tenant interactions per cash flow dollars). Any input from you all? even with .95% with today's interest rates, they seem to cash flow fairly well.

Hey guys, name is Chris WIlson, and I have been reading bigger pockets, along with others sites for a while. Currently I own 1 SFR, 2 duplex's and will close on another SFR in April 2014. I am an engineer with a full time job, but plan on continuing to purchase rent ready properties to slowly build wealth.