All Forum Posts by: Jason Kennedy

I'm interested in finding this out as well

Please help me understand. Why with 1 in 800 homes being in foreclosure an reo or pre foreclosure  ( The highest being 1 in 425 and the lowest being 1 in 29000) Sourced buy realtytrac.  Why there isn't a lot more active cash buyers looking to expand their portfolios in Oklahoma? Statistics suggest that Oklahoma is one of the less volatile markets and cash flowing properties are abundant. With better then avg R.O.I. Granted with less volatility there is less appreciation however on the flip side less RISK Per property. However dollar for dollar The Oklahoma metro areas are a great value.

if you like you can go to okwholesaleproperties.com and put in you specific desires it will link directly to my back office and when I get a property that matches your criteria it will automatically notify you

will do thanks Mark

So I get an email today from a agent that has a 3/2 In tulsa current market value  @98k. This was a reverse short sale listed at 47k

Being on my way to California and a little research I wasn't comfortable at that price point so I offered 40 thinking I had a buyer my buyer backed out the agent is waiting for an email from me so I am here trying to find out what to do should I go ahead with the offer.and hope to find a buyer or let this one go. Keep in mind I haven't physically inspected the property was built in the 70s 

Thanks Paul Timmons I have located the local reia and will be attending the next several meetings. I've some done some research on my local area and the distressed properties sale on avg of 49% below the avg median properties with an avg vacancy of 11.15% from what i can tell it seems like this is a fair market for flipping what is your assesment

Thanks for the warm welcome guys. I am looking forward to getting started and to learning the art of real estate investing. 

Hi all I'm Jason I currently reside in Tulsa. I am an complete newbie to real estate investing.

I joined bigger pockets to aquire education in real estate investing. I come from a background in transportation.