It’s harder to BRRRR in the Tulsa area now due interest rates, you definitely have to buy at a great discount in order to be all in low enough toget all of your money out and the rents have to be high enough to still cash flow after all expenses (PITI, Mgmt, Vac’s, Rep/Maint, CapEx, HOAs, Util).Based on being “all in” $120K in order to BRRRR and still cash flow at least $300 mo:$120K cash out amount - at 7%/30 yr ($150K+ ARV)PI = $800 mo + Taxes $150 + Ins $150 = $1100mo PITIRENT would have to be at least $2000 mo- $1100 PITI- $200 mgmt (even if self mng, it’s exp for time)- $200 vacancies- $200 Rep/Maint & CapEx= $300 mo cash flow.

The risk is far lower, with a better ROI.OR you can consider learning about government contracts and performing lease matching. 

BiggerPockets also has a calculator to analyze deals, and I highly recommend you start this as soon as possible, even if you are not ready to buy.

The quick sale reflected the high demand generated by the improvements and the strategic pricing.

Back when I started selling foreclosures, the REO (real estate owned) inventory was crazy high.

I own a 4plex there and I have one unit that has been vacant for about 4 months now and this seems on the high side of vacancy time.

Can you figure out for example who has seniors in high school and do they have any other kids at home. 

@Jay Hinrichs which BTW, 6% is high.

If they’re shifting funds from asset management to real estate, it could mean increased competition for high-value properties.2.Will This Affect Institutional Investment in Real Estate?

high-quality, well-lit photos tend to attract more attention from potential renters.