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Updated about 9 hours ago on . Most recent reply
Investing in Tulsa - duplex evaluation
Hey BiggerPockets fam,
I used to live in Tulsa, but now I am OOS and would like to continue to invest there as it meets our goals.
Would you invest in a new construction duplex like this? https://docs.google.com/document/d/1lWz4pirkXlbpASNKBMV1RIpp...
Cost: $360K
Rents: ~2800/month (both units combined)
Area: West Tulsa (not the best area in town but pockets of West Tulsa are good and in close proximity to downtown). I would consider this a B- area.
Cashflow with current interest rates and 25%. down would be ~200/month. If our goal is long-term buy-and-hold and currently in accumulation phase, would you invest in this area and duplex?