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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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30 December 2024 | 15 replies
That's a whole other layer of risk.
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30 January 2025 | 4 replies
The majority have evictions on their record, don't make enough income or have a lot of debt under their name.Comparing other rentals on Zillow, my asking rent is $1100 while other properties are trying to rent at $1200.
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30 January 2025 | 6 replies
Many claim they do not charge a markup, but then aren't transparent with invoices, etc. 1) If a PMC charges $x hourly, their markup is built into that hourly rate as they are NOT paying their workers that hourly rate.2) Many PMC's send you ONLY their invoice, or from their wholly owned maintenance company, not the underlying invoices from Home Depot and contractors.
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29 January 2025 | 10 replies
Thank you again for your response and insight.I have most luck utilizing the local MLS for minimum 6 month leases under furnished rentals
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5 February 2025 | 5 replies
Your not correct under many different circumstances.First property tax is 1.1% (fairly safe) with 2% annual increase (prop 13).Next expenses include a lot more than property tax and interest.
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27 January 2025 | 11 replies
You're very under leveraged compared to most investors trying to scale.
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20 January 2025 | 6 replies
The investment itself seems to have been under-performing since the very first quarterly report.
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28 January 2025 | 14 replies
As a real estate appraiser, I am always looking at the value of the underlying collateral in the event that I might own it.What do you do with the notes that you purchase?
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24 January 2025 | 1 reply
Additionally, many deals tend to fly under the radar, so networking within organizations like NARPM (National Association of Residential Property Managers) can help uncover opportunities.If anyone reading this is considering selling their property management company in Texas, feel free to share—I’m genuinely interested in connecting.