All Forum Posts by: John Kunick

Bob and Pascal, I'm a RE investor in Tulsa. Pascal is correct, this market allows a lot of good opportunities to not only get in with smaller amounts vs. coasts, but also to make superb ROI and cash flow. I've helped several investors, that have stuff in CA, get properties in Tulsa. They can't believe how much better their ROI and cash flow is - and how little relatively speaking they have to invest to get in the game.

There are definitely some keys to success as what works here is different than what works in other areas (based on what other RE investors have told me).

Best of luck.

I'm an investor in Tulsa. Great place and I've helped several California-based investors get started here. The ROI and cash flow possibilities are superb. I've heard other areas are good too (like Oklahoma City, Kansas City, Indianapolis, Cleveland, etc) but I just don't have any experience in those markets. Best of luck!

Medical Device sales manager in addition to doing my own real estate and helping others with theirs.  Love RE investing and managing properties.

Well, good luck!

What are your goals?  Just not clear based on what you have posted.

Jasen, it doesn't seem clear what your objective is?  Is it to invest or live?  In terms of livability, I personally prefer the Tulsa area.  Invest?  Either area is really hot IF you do it the right way.  If you invest in the right areas and manage the right way, you can make either work.  We own bunches of properties and have no problem renting them out in a few days and getting premium rents.  I have two properties that are becoming available the first of June.  I started marketing them this weekend and already have 20-25 inquiries.  Got several showings and doubt either one will still be available by the end of the week.  It is crazy how hot the market is.   But, you must buy in the right areas and manage them in the right way

Joe Mullis with Associated Mortgage Corporation

Joe Mullis is outstanding!

Associated Mortgage Corporation

We've been fortunate to do very well with rentals here in Tulsa area. I've also helped two investors from San Diego buy and manage properties here. Their ROI is so much better here and their cost of entry is so much lower.

BTW, when I say we extended the terms, we kept the rent and security deposit the same, but made the ending date of the lease one year from the new date (think there was only three months left on the existing agreement).  Therefore, I got an extra nine months of occupancy, but it included a new roommate (which I vetted).  The new roommate paid the exiting roommate their portion of the security deposit.  Also, when I have a roommate situation or boyfriend/girlfriend living together, I will only do the lease with one person.  They are the primary designee for all matters and they have to work with the other tenants to collect rent.  I have helped the primary tenant do sub-lease agreements with the other tenants, but in the sub-lease it explicitly states that the agreement is between the primary and secondary tenants and has nothing binding with the landlord.