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29 January 2025 | 14 replies
So with interest rates high...
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30 January 2025 | 34 replies
Friendly reminder to anyone else reading to carefully review your PMA before you sign it and before you decide to change property management companies.
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2 January 2025 | 18 replies
In 1972 the 30 year mortgage interest rate was 7%.
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30 January 2025 | 13 replies
(For example, when I confirm a booking, I repeat all the disclosed guests and dogs or put in "zero dogs" and request any changes to those details be made in writing in advance so everyone is clear.)
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26 January 2025 | 51 replies
Like our other class B shares (we also invested in Praxis), they stopped paying out pretty quick when the interest rates when up.
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27 January 2025 | 12 replies
getting tighter but things may be changing soon depending on what the new prez does.
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12 February 2025 | 19 replies
So I changed my approach from slacks and a tie and "Hi, I'd like to help you sell and buy" to shorts and casual - but nice - button down shirt and "Hi.
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4 February 2025 | 13 replies
Here’s why Oklahoma might be a great market for you:Affordability: Properties in OKC and Tulsa are often under $200K and offer strong rent-to-price ratios.Landlord-Friendly: Simple tenant laws make managing rentals easier.Growing Economy: Job growth in energy, tech, and aerospace fuels rental demand.How to Evaluate Deals:Run the Numbers: Ensure positive cash flow, check cap rates (6–10%), and use tools like the BiggerPockets calculators.Find Deals: Network with local wholesalers or agents, and look for value-add opportunities in stable neighborhoods like Edmond (OKC) or Broken Arrow (Tulsa).Let me know if you’d like tips on analyzing properties or finding deals!
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23 January 2025 | 5 replies
It's important to know what market rents are for what you are analyzing, many properties are super under rented and you have to get them to market rates.
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28 January 2025 | 3 replies
I am unsure how to accurately predict rates and occupancy.