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3 February 2025 | 5 replies
Thank you, @Taylor Dasch, @Jeremy Jareckyj, and @Zachary Deal for your feedback.
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28 January 2025 | 6 replies
Yes, Oklahoma is a great market to consider, especially for multifamily properties:Affordability: Oklahoma City (OKC) and Tulsa have duplexes and small apartment buildings within a reasonable price range.Landlord-Friendly Laws: Makes property management less stressful.Stable Cash Flow: Properties in Oklahoma often meet or exceed the 1% rule, providing consistent rental income.Growing Economy: Both cities are seeing population and job growth, boosting demand for rentals.Tips for Getting Started:Do Your Homework: Use tools like BiggerPockets calculators to analyze deals and ensure cash flow.Focus on Neighborhoods: In OKC, check areas like Yukon, Edmond, or Midwest City.
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29 January 2025 | 4 replies
To fund your next deal, explore conventional loans (15-25% down), FHA loans (3.5% down for house hacking), DSCR loans (based on rental income), or HELOC/cash-out refinance if you have equity.
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4 February 2025 | 7 replies
Her last deal she had a claim on the HVAC was leaking.
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9 January 2025 | 4 replies
Hi,Unique scenario. There is a 2 family we are in talks with acquiring for 200k. The owner is open to seller finance for us. There is a catch - the couple wants to 1031 the funds into their sons next larger project wh...
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30 January 2025 | 2 replies
My husband is leaning toward keeping it since it is a project we would have to deal with.
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3 February 2025 | 15 replies
I'm curious, what worked for you when acquiring your first two deals?
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27 January 2025 | 5 replies
Is it possible for the investor to exit this deal at a later date?
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28 January 2025 | 0 replies
New agents may struggle with periods of no income while waiting for deals to close.Solution: Budget wisely, build a financial cushion, and prepare for slow months.