All Forum Posts by: Kiera Underwood

@Account Closed understood! Well I'm happy to overview what cash flow looks like in OKC. Then you can compare it to other markets as you explore. 

@Account Closed I have the same questions as Cesar! Are you hoping for cash flow or appreciation? Or, are you trying to figure that out right now? 

@Kole Moore I know an investor that I believe can do VA that lives in San Diego and also invests out of state. Let me know if you want me to connect you!

@Terry A. like many of the comments have pointed to it's easy for an agent to be over-run by loose investor requests. 

I work off-market and have systems that protect my time, but when an investor does want to work on-market I ask that they follow these steps. 

1. Research the area via zillow to decide for yourself what rent rate you think you can get. 

2. If you're planning to refinance or want to upgrade to get that rent rate tell me your rehab budget and goal ARV.

3. Tell me the offer you're willing to put in. 

If your numbers look reasonable I'll shoot in a verbal offer for you. If they don't I'll tell you where you may have went wrong. If your offer is accepted I'll go to the property at inspections and we'll answer the questions you asked above. 

If you make this deal with an agent, you might start getting some answers!! Happy to answer the why behind any of this. 

I'm on the same page! I don't even like to speculate on rent rate haha! 

Following up with your concern of property management not being in house. As Matt Terry pointed out above, Table Investments does have property management in house! We opened up this year and it's going well so far. Happy to put you in contact with our PM so that you can discuss further if you'd like. 

Also, I wanted to thank everyone for their kind words. You all help me love what I do everyday! 

 Disclaimer: I am employed by Table Investments

@Adam Cade I clicked on this just so I could tell you about whatever I read and then saw that you were already here!

@Michael Barnhart I'd say that's market specific. But I wouldn't invest on appreciation alone in any market right now. I see a lot of investors looking to markets that are more insulated to recession, that tend to be more cash flow focused. 

@Pascal Wollach I house hacked before paying off my loans so that I could have lower cost of living as I was paying. I'm not sure if it's an option in your market, but if so it's worked out well for me!

@Gregory Brown understood! When anyone talks about low capital house hacking is always the first thing that comes to my mind. I see a solid amount of investors come to OKC because of an approachable price point that also qualifies for conventional. Most of the off-market inventory I see is cash flowing as-is at a purchase price of 60k. If you're looking in Detroit you probably aren't interested in a more long-term buy and hold play in OKC, but I'm just sharing in case it's relevant. 

Good luck!