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Updated almost 5 years ago on . Most recent reply

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30
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6
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Liam Galbraith
6
Votes |
30
Posts

Oklahoma City Path of Progress

Liam Galbraith
Posted

Hi BP Members,

I'm going to pick up a SFH rental in Oklahoma City soon and am currently researching local sub markets. Does anyone have some local knowledge they can add as far as where some of the best up and coming areas might be in and around Oklahoma City?

Thank you!

Most Popular Reply

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3,019
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2,322
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Will Fraser
  • Real Estate Broker
  • Salt Lake City & Oklahoma City
2,322
Votes |
3,019
Posts
Will Fraser
  • Real Estate Broker
  • Salt Lake City & Oklahoma City
Replied

@Liam Galbraith according to your criteria your best bet is Guthrie or a few other places we can chat about, but I'll give you the same guidance I've preached en mass to many:  Path of progress is NOT a thing in Oklahoma City.  It isn't.  It IS in metro NYC, in LA, San Fran, and many other dense urban center metros, but NOT in a city that sprawls larger than most other metros in the US (similar to Memphis).  Path of Progress approaches in OKC are speculative in nature and NOT investing.  

Speculation has its place, but at most 10% of a savvy investor's financial strategy.  

Buy in proven locations based on your overall investing vision and buy the best properties you can possibly hit.  Otherwise you'll be chasing some things that have proven to fail dozens of generations before us (and myself as well).

  • Will Fraser
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