All Forum Posts by: Jay Mackey

I love the goal of financial freedom. I'm an investor turned agent in Tulsa, OK. I'm proof that it's possible here!
Happy to connect and help however I can.

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Hey Shawn, I've got a contact for you. Will DM.

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Tulsa, Oklahoma

Hey Andrew! I'd be happy to help. Our brokerage is focused on investors does quite a bit of large multi-family. I'd also be happy to connect you with two amazing commercial lenders in the area.

I'm out of Tulsa, but happy to help in OKC too.

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Tulsa, Oklahoma

Welcome Matt!! I've been investing in the Tulsa area for a while now, these past couple years have been excellent in our area.

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Tulsa, Oklahoma

Hey John! I'd be happy to chat more, Eagle Rock Realty and Property Management may be a good fit for you.

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Tulsa, Oklahoma

Hey Cole! Happy to connect, I'm an agent in OK.

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Welcome Joey! Oklahoma is a great spot to be in!

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Oklahoma City, Oklahoma

Quote from @Cassi Justiz:

You are probably going to be better off marketing and finding your own properties in order to make those numbers work. We do occasionally find deals on the MLS where there's enough equity to refi after a rehab, but those are RARE. Homes that are listed on the MLS are typically going to sell at 90+% of list price. I'm not as familiar with Tulsa, but OKC typically sits around 99-100% of list to sales price ratio on average. If the deal is on the MLS, it's being see by thousands of potential buyers and there's almost always someone that is going to pay more than 80% of ARV. If it's been on the market for a while, you might have better luck but typically we don't see sellers start to consider significantly low offers until the house has been on the market for a while. If you find a distressed property and contact the seller directly, you may be the only offer they receive. I would put your energy into finding off market deals or networking with wholesalers. That's probably going to be a much higher ROI activity for you.

This seems accurate in Tulsa as well! Either do the work for the off-market property yourself or find a realtor/wholesaler/partner who can perform that function.

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All Forum Posts by: Jay Mackey

Jay Mackey has started 1 posts and replied 26 times.

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