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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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24 January 2025 | 36 replies
Just remember to factor in management fees, vacancy rates, maintenance, and capital expenditures, as these can really impact your cash flow.
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20 January 2025 | 6 replies
Just like professional athletes who still work with coaches to hone their skills, a real estate mentor or coach can provide you with valuable insights, shortcuts, and strategies that can help you avoid mistakes and fast-track your success.
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22 January 2025 | 4 replies
The people are friendly, the business environment is welcoming, and my real estate investments have provided me with financial freedom.
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11 January 2025 | 9 replies
-Provides peace of mind knowing you own the property outright, which can reduce stress, especially if income fluctuates during slower seasons.
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1 February 2025 | 16 replies
@Timothy Frazier This will be tough as the HML will want a 1st position loan, but so will the other lender providing the rest of the funds.
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2 January 2025 | 7 replies
He also doesn't control regulations in the states/cities, but his attempts to cut regulations may trickle down and impact personal property rights and people's ability to use their properties as they see fit.
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17 January 2025 | 3 replies
Simply have the tenants sign the new lease AND have them provide you with the additional $100 BEFORE you sign the lease yourself.
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18 January 2025 | 16 replies
I find that internet providers, like Comcast, tend to update their technology and offerings to better speeds as customers have higher usage demands.
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22 January 2025 | 9 replies
However, the suitability of buying and renting out a single-family home in Richmond can depend on various factors, such as market trends, rental demand, and property values (similar case with all markets, really.)Chatting with a local agent in the area can provide very helpful insights into the market, data, and specific neighborhoods.