Andrae S Wiggins
New Investor looking to purchase their first property
17 January 2025 | 5 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!
Sebastien Tinsley
Looking to begin my journey into REI
13 January 2025 | 45 replies
Eliminate debt, establish a budget, and save.
Daniel Borgenicht
Investing in a condo as a long term rental
13 January 2025 | 3 replies
Just google the following: - special assessment - zombie condos - Florida condos (look for recent news)Since you are not living near the properties anyways, why not look in a landlord friendly state where the purchase prices are lower?
Vanja Dimitrijevic
Cash out refinance primary residence to buy another
8 January 2025 | 8 replies
It's best to reach out to multiple lenders to explore your options.
Jeanette Land
Next up: Turnkey property
8 January 2025 | 10 replies
If you ever want to have a discussion to explore your options or ask any questions about the concerns you mentioned, I would be happy to help!
Eric Robertson
Investor friendly insurance company
11 January 2025 | 4 replies
Anyone know of one? State Farm just told me I have too many houses and have to move on.
Sakib Khan
Thinking About Buying My First Rental Property – Need Advice for the Near DMV area!
14 January 2025 | 10 replies
I’m a first-timer, so bear with me if I sound a little clueless – I’m still figuring it all out.Here’s the scoop: I’m looking to purchase a long-term rental property within the $300-350k budget range.
Ryan Rubel
Short-term rental purchase, north county coastal. How realistic is this plan?
4 January 2025 | 5 replies
We like the short-term rental idea because we could stay at the property ourselves when we want - summer break, spring/winter breaks, etc.Our budget will be right around $1M or less ideally, and we would like a short distance to the ocean.How likely is it that we could find a property as described above and have it cover or come close to covering the mortgage?
Jamison Haussman
Property Management in OKlahoma City area?
10 January 2025 | 10 replies
I was budgeting for 10% per unit (about $50) but unfortunately my current company has a minimum of $75 per unit, giving me a monthly of $300.
Srikanth Kumar
neighbourhoods to focus in cleveland for multifamilies
12 January 2025 | 26 replies
My budget is in the $200-250K range.Please feel free to let me know if additional details would help, and thank you in advance for your time and advice!