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All Forum Posts by: Kiera Underwood

Kiera Underwood has started 2 posts and replied 916 times.

Post: Seeking advice on using Turnkey Providers

Kiera UnderwoodPosted
  • Specialist
  • Oklahoma City, OK
  • Posts 951
  • Votes 599

@Alex Escorcia Jr Norada (commented above) vets turnkey companies, so if knowing who to go with is the big hesitation they will likely be able to help. I like to do a step outside of turnkey to get better returns and lower purchase price, but I totally see the full package turnkey appeal! 

Post: Owner Occupant Loans for Real Estate Agents

Kiera UnderwoodPosted
  • Specialist
  • Oklahoma City, OK
  • Posts 951
  • Votes 599

@Riley Wenger I'd get that second home before you make the switch! 

Post: Should I be concerned with long distance rentals

Kiera UnderwoodPosted
  • Specialist
  • Oklahoma City, OK
  • Posts 951
  • Votes 599

@Jon Woosley I'm in a cash flowing market and see a couple hundred investors a year get started here because their markets don't make as much sense. It depends on your team. I'd read reviews and talk to people who have worked with said provider in the past. If many other people are happy and continuing to buy, that's a great sign. 

Post: Looking for my market

Kiera UnderwoodPosted
  • Specialist
  • Oklahoma City, OK
  • Posts 951
  • Votes 599

@Gregory Brown what market do you live in? I'm curious if house hacking would make sense as a first step. 

Post: Is now a good time to buy a property or should I wait ?

Kiera UnderwoodPosted
  • Specialist
  • Oklahoma City, OK
  • Posts 951
  • Votes 599
Originally posted by @Ramon Vargas:

@Kiera Underwood Stockton California

CA would make me nervous.. but a more stable market might be more comfortable? 

That said if you get a great deal due to corona, that's another story!  

Post: ATL newbie investing out of state

Kiera UnderwoodPosted
  • Specialist
  • Oklahoma City, OK
  • Posts 951
  • Votes 599

@Kirstin Lawrence happy to talk about OKC anytime! 

Post: ATL newbie investing out of state

Kiera UnderwoodPosted
  • Specialist
  • Oklahoma City, OK
  • Posts 951
  • Votes 599

@Kirstin Lawrence I would also add OKC to your list! I see most out of state investors locking down properties that ar 60-80k that are cash flowing with a tenant in place at close! As long as you can vet the current tenant (they're up to date on rent and haven't had big lapses recently) you shouldn't have as much to worry about as far as late or non payment due to covid. 

Post: Is now a good time to buy a property or should I wait ?

Kiera UnderwoodPosted
  • Specialist
  • Oklahoma City, OK
  • Posts 951
  • Votes 599

@Ramon Vargas it depends on what market you're looking at. If it's a market that typically holds values through downturns you're more safe. But if it's a market with a lot of ups and downs there is more risk. Where are you thinking of buying? 

Post: Out of State Investing

Kiera UnderwoodPosted
  • Specialist
  • Oklahoma City, OK
  • Posts 951
  • Votes 599

Hey @Albert Torosyan! I see a lot of investors looking out of state that land in Oklahoma City. Price point is undeniably approachable, it's a historically stable market even during the bigger crashes, it's landlord-friendly and rent to value ratios are right around 1% if you work with the right team. 100% a market to put onto the list of places to evaluate!

Post: Is Oklahoma heating up like Texas?

Kiera UnderwoodPosted
  • Specialist
  • Oklahoma City, OK
  • Posts 951
  • Votes 599

I also operate in OKC! We've already connected but just wanted to chime in on the conversation. On market does have a bit less inventory right now. I don't think we are anywhere near the Texas heat though!