Andrae S Wiggins
New Investor looking to purchase their first property
28 January 2025 | 6 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!
Fara Heath
Best way to finance this deal?
10 January 2025 | 1 reply
Hi! I am under contract to buy and flip a house that I am paying $615K for. The land is on two tax lots so my plan is to sell the extra lot immediately after closing for a projected $275K.The property on the other lot...
Abe Linc
Rental mortgage in retirement
22 January 2025 | 4 replies
Property values continue to grow in value, and you can actually live off the rental income.I think it's best to hav all properties paid off by retirement age, since that's when you are going to rely on cash flow for your living expenses.
Jed Butikofer
No more mortgage payment, but not yet FI/RE: How should I utilize these funds in REI?
20 January 2025 | 37 replies
You can likely do this with your savings rate (that will likely increase) and age.
Luisa Morejon
What to do with the proceeds of the sale of my home?
31 January 2025 | 20 replies
Just a heads up this will not be tax free, it will be a pro-rated exclusion.
Michael Calvey
Struggling to Find Deals? Check Out This 5-Day Challenge (FREE!)
19 January 2025 | 0 replies
Whether you’re a new investor or a seasoned pro, the competition is fierce, and the best opportunities often seem just out of reach.That’s why BiggerPockets is teaming up with DealMachine to bring you the Off-Market Deal Finding 5-Day Challenge—a completely FREE event designed to help you find your first (or next) off-market deal FAST.Here’s What You’ll Get:📅 3 Live Sessions led by Matt Kamp, VP at DealMachine and a real estate investing expert who’s helped customers close over 15,000 deals.🎁 $2,000 in Prizes just for joining the challenge!
Craig Holland
Empty lot lenders
27 January 2025 | 5 replies
I believe United FCU is best. 20% down, usually a 10yr term (they offer a longer term though), and an interest rate that's pretty close to the current average for conventional loans.
Zachary Scalzo
Real Estate Investor with a Maid Company - How Can I earn Realtors Business
21 January 2025 | 14 replies
Be the cheapest and best.
Darlene S.
Avantstay pros cons for an owner? Short Term Rental
24 January 2025 | 36 replies
It's a big enough company to recognize it's in their best interest to stay on the right side of the law.
Juan Perez
Turning a Primary Residence into a Rental
30 January 2025 | 5 replies
I find the best way to make money is to use your goals to create a math problem.