Thoughts on buy and hold in OKC, is it a hidden gem?

Thoughts on buy and hold in OKC, is it a hidden gem?

Denver, CO · Member since 2017 · 24 posts · 32 votes
I’m looking for opinions on the OKC market. My wife and I have been researching/buying properties here for the past couple months and have been seeing some attractive returns (at least for us small frys). Looking through the forums it seems like there hasn’t been much discussion about this market. Why is that? Are we investing in a bad market? Or is OKC the hidden gem that we have all been looking for?
1Reply
19 views

3 Replies

Jump to latestLatest
  • Rhett TullisBusiness Member
    Property Manager · Oklahoma City, OK · Member since 2013 · 1k+ posts · 617 votes
    8y

    there is more going on here that you are seeing i think.  pretty active market,  returns are pretty good, not as good as during the $4 gas era but still better than alot of areas.  

  • Denver, CO · Member since 2017 · 24 posts · 32 votes
    8y

    @Rhett Tullis  Thanks for the info!  How do you feel about the longterm prospects of the market?  Are businesses moving in?  It really seems like the city leadership is doing a lot to bring new businesses into town.  Do you feel that their efforts are working?

  • Rhett TullisBusiness Member
    Property Manager · Oklahoma City, OK · Member since 2013 · 1k+ posts · 617 votes
    8y

    lots of good things going on, especially when you consider how much of a hit we took with the drop in oil prices. in the past that kind of drop would have done us in but this time it did not seem to do near as much damage.  I think we are set for a great future but it is not a quick thing, it will take time so it is only a good fit for someone in for the long haul.

Join the conversationCreate a free account to reply, vote on answers and follow this thread.