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All Forum Posts by: Ryan Ogden

Ryan Ogden has started 1 posts and replied 3 times.

Post: Oklahoma May Meet up

Ryan OgdenPosted
  • Investor
  • Yukon, OK
  • Posts 4
  • Votes 0

Hey Paul, 

Thanks for organizing this meet up.  I had a great time and appreciate everybody's insights.  Count me in on next month's meeting!

Thanks again!

Post: Oklahoma City market and oil prices

Ryan OgdenPosted
  • Investor
  • Yukon, OK
  • Posts 4
  • Votes 0

@ Zach Sikes,  thanks for the reply.

When you say that we are low on inventory in most parts of town, are you referring to inventory for investors to flip or rent out? 

@ Tyler Weinrich,  thanks for the advice.  I agree with your statement about home prices dropping as the market floods.  I would would think moving forward that investors would have more negotiating powers with banks or sellers as prices continue to drop and get a cheaper price then say 8 - 12 months ago...

Thank you both for your replies and opinions.  I really appreciate it.

Post: Oklahoma City market and oil prices

Ryan OgdenPosted
  • Investor
  • Yukon, OK
  • Posts 4
  • Votes 0

Hi everyone,

The oil and gas industry is a huge driver of our state economy and with $50/barrel, oil companies around here are making cuts and laying people off. This will be my first rehab and I already have all my financing in order but just wanted to see what you all thought about the current market situation?

Do you think 2015 will be a good time to start rehabbing and flipping houses in the OKC market?