All Forum Posts by: David Schneider

Welcome to BP from a fellow Sapulpan. Hope you get off to a great start.

Are you looking to invest in Sapulpa proper? or areas around?

Each offers its challenges, but there is a niche for everyone

I'm sitting here in my RE licensing class in Tulsa and during a break I was going to send you a PM asking you for exactly this kind of information...low and behold! Thanks for the write up!

I'm looking only to get my license for investing purposes, primarily to access the MLS.

How do brokerages here handle desk fees, splits etc. for non-realtors who simply want to hang the license there? (speaking just for what you have experienced)

I'm a rookie investor in the Tulsa, Oklahoma area interested in purchasing a flip in the next 6-8 months.* I have one "flip" under my belt (we worked an FHA 203k owner occupy into approximately 25k of equity). We've been saving capital and studying the surrounding markets for the best local areas to begin a wholesale/fix-flip business.
We have a zipcode measured out for where we want to begin. (Fits our business model for price range, shows strong "hot" community growth, good schools, decent inventory with few days on market)  I've been tracking home prices for a couple months now.  I just wanted to get the input of some data analytical miners out there:
1. What information is truly worth tracking?
2. What do you use to organize it?
3. What specific websites have been the MOST helpful to substitute for MLS access?
4. Any local Tulsa, Glenpool, Sapulpa, Sand Springs, Coweta investors have some tips about specific data to look for and/or areas to invest in?

I think I dropped enough key words there.  Thanks for any input and good luck with your own investing!

*Before I get accused of 'analysis paralysis,' we are actively saving capital to begin securely and this question is just to let me take actionable steps in the mean time.

There was talk at a conference I went to that an abstract was required for all re transactions, and that the process could take up to 3 weeks. If you are wholesaling a property and need to close faster than that what is the procedure?

I may be misunderstanding the law, information between that and title insurance is getting a bit jumbled.

Hi there BP,

I haven't seen this discussed anywhere yet in a forum post or guide:

Are there any wholesalers from Oklahoma that have had to work with or around an abstract?

I'd prefer folks from Oklahoma (specifically Tulsa area) to weigh in. Oklahoma's laws are a little different than most states from what I gather.

I've been an avid reader of this site for a year or so and my wife and I are ready to get this ball rolling.