All Forum Posts by: Damian Gutierrez

@James Martin Gotcha. And can I start marketing the property for rent once I have it under contract (with the understanding it won’t actually be leased until after closing)?

@James Martin Hopefully I’m able to have the same luck. Do you typically provide a refrigerator, stove, washer and dryer for tenants? Or let them bring their own? What has worked best for you?

@Curt Davis I’m assuming a C class neighborhood with a tenant who would stay for 2-3 years with some missed payments. Not expecting the smoothest ride. Thanks for the feedback. 

I have a property under contract (Buy and Hold conventional loan) in 38111 Cherokee, a couple blocks from where the 78 meets the 240 on Railton and Parker. The street itself doesn't have many properties worth more than $65,000. However, it looks like blocks surrounding this area have houses close to $100,000. Do you recommend investing in this area? Is it more of a C or D class neighborhood? Looking to make some cash flow. This would be my first real estate investment.

@Alex Craig @Curt Davis Looks like you all have a ton of knowledge in the area. I have a property under contract (Buy and Hold conventional loan) in 38111 Cherokee, a couple blocks from where the 78 meets the 240 on Railton and Parker. The street itself doesn't have many properties worth more than $65,000. However, it looks like blocks surrounding this area have houses close to $100,000. Do you recommend investing in this area? Is it more of a C or D class neighborhood? Looking to make some cash flow. This would be my first real estate investment.

Also wanted to follow up and see if you can provide the Memphis contractor.

Thanks,

 Alyssa,

What type of investing do you recommend in Tulsa at the moment? 20% down for cash flow? Multi families? Any cities you would recommend that suit the BRRRR strategy?

 Michael,

Below is my criteria. You think I can find these types of deals in the area? Based on my research it looks like I would be able to.

I'm looking for single-family homes between $50,000 - $100,000 with three bedrooms and at least one and a half bathrooms. My goal is to buy cheap, rehab, refinance, and hire a property manager to rent them out. I want to pull all my money out of the deal or leave < $10,000 in the deal.

Heidi,

I'd love to hear about the system you have in place to successfully invest long distance in Tulsa. I currently in San Diego CA and am looking to do the same. Below is my criteria:

I'm looking for single-family homes between $50,000 - $100,000 with three bedrooms and at least one and a half bathrooms. My goal is to buy cheap, rehab, refinance, and hire a property manager to rent them out. I want to pull all my money out of the deal or leave < $10,000 in the deal.

Also in the market for a stellar Real Estate Agent and Property Manager in the area.

Hello, My name is Damian and I have experience working for a Genera Contractor in Southern California. I'm a real estate investor in CA, and I've been doing research to determine the best place to start buying rentals to hold long term for cash flow. My research led me to Tula, Oklahoma with healthy major industries and development.


I'm looking for single-family homes between $50,000 - $100,000 with three bedrooms and at least one and a half bathrooms. My goal is to find properties that need work or are owned by motivated sellers that I can purchase for 80 cents on the dollar if possible. My goal is to buy cheap, rehab, refinance, and hire a property manager to rent them out. I want to pull all my money out of the deal or leave < $10,000 in the deal.


Please let me know if you would be interested in taking me on as a client for property management when I find rental properties. I would also love to hear locations you recommend for investors as well as areas to stay away from (war zones).


I see your reputation is stellar, and you seem to the the best of the best. I hope we can develop a very strong relationship that is profitable for us both!



Hello, My name is Damian and I have experience working for a Genera Contractor in Southern California. I'm a real estate investor in CA, and I've been doing research to determine the best place to start buying rentals to hold long term for cash flow. My research led me to Tula, Oklahoma with healthy major industries and development.


I'm looking for single-family homes between $50,000 - $100,000 with three bedrooms and at least one and a half bathrooms. My goal is to find properties that need work or are owned by motivated sellers that I can purchase for 80 cents on the dollar if possible. My goal is to buy cheap, rehab, refinance, and hire a property manager to rent them out. I want to pull all my money out of the deal or leave < $10,000 in the deal.


Please let me know if you would be interested in taking me on as a client for property management when I find rental properties. I would also love to hear locations you recommend for investors as well as areas to stay away from (war zones).


I see your reputation is stellar, and you seem to the the best of the best. I hope we can develop a very strong relationship that is profitable for us both!