All Forum Posts by: Ming Huang

Yea the area doesn't look like it will appreciate much, I mainly look for cash flow.  If I put 50k down I should be able to cash flow around 400 a month.  Number looks good enough to me but I just worry about the location tbh.  

Long term

 Thank you!  Yea I am interviewing different property management right now.  Like you said, I want to seed different strategies I can implement with the limited capital I have.  

Thank you!

Price : $100,000,  4126 Laverne St, Oklahoma City, OK 73135, seems like good condition throughout.  

3Bed/1Bath

750sqft

Schools are mostly 2/10

Average rent for the zipcode is $950

What do you guys think about this deal?

Hi BP, 

I am looking to invest the OKC market long term hold real estate.  Does anyone had experience in the area?  I want to know more about the area and build a team that can help me purchase and manage properties.   Which neighborhood or zip code to look at or avoid?  

These are the three zipcode that I am eyeing on right now : 73128, 73170 and 73135(I think this is near the AFB).  Any recommendations, pls send in my way.  Thank you all.  

Hi BP, I am interested in invest out of state and these are the three metro area that I am looking into: San Antonio, Austin or OKC area.  I really like OKC but it has tornados that kind of prevent me from looking further.  I love San Antonio, I am lucky enough to visit there when I was in the military service.  Austin area seems like a cool techie area with good rental demand.  Which market do you have experience in and how is your experience working remotely with your real estate team in the area?  

My goal is to buy one rental per year with price between 150k-250k for the next ten years (if i get to keep my job).  And hopefully I can be financially independent by paying the mortgage down eventually.  

Jerry K. Thank you very much for this detailed reply. I really enjoy researching and looking forward to be a landlord. As a real estate agent and appraisal trainee, I certainly can utilize some of my expertise when researching the properties in the market. $30,000 is basically my net worth, assuming selling all my stocks at market price right now. I would say I can only use $20,000 for investment and the rest for rainy days.

Even more challenging now, with $20,000 in hand, with expected 20% in annual investment profit return, where in the real estate world shall I get started?

Chuck Catchings, please, if you have a good website for tax liens I would love to know. thank you.

Re Joel Owens: My full time job is real estate agent and appraisal trainee. I want to be involve with investing myself and eventually not have to chase after clients every day. I like real estate and would like to know more about what strategies you would recommend for a limited budget like mine. Thanks for replying~