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Multi-Family and Apartment Investing

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Muhammad Ahmad
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I am thinking of investing in Oklahoma

Muhammad Ahmad
Posted Apr 9 2023, 03:45

Hey, 

Any real estate agent here who works in the neighborhood of Oklahoma City University. I am looking to buy a multifamily there. 

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Doug Spence
Pro Member
  • Investor
  • San Diego, CA
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Doug Spence
Pro Member
  • Investor
  • San Diego, CA
Replied Apr 9 2023, 11:31

@Cara Sides works with The Property Center in Oklahoma. They can help you out! I've done multiple projects with them in OKC and Tulsa. Highly recommended. 

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Cara Sides
  • Real Estate Agent
  • Tulsa, OK
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Cara Sides
  • Real Estate Agent
  • Tulsa, OK
Replied Apr 10 2023, 06:38

Thanks @Doug Spence! I would love to help. Feel free to reach out anytime, Muhammad.

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Rhett Tullis
Property Manager
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  • Oklahoma City, OK
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Rhett Tullis
Property Manager
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  • Oklahoma City, OK
Replied Apr 11 2023, 20:13

While that is a decent area don't go in thinking you will have lots of students renting from the university.  While a few live off campus the majority will be on campus for that university.  

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Will Fraser
  • Real Estate Broker
  • Salt Lake City & Oklahoma City
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Will Fraser
  • Real Estate Broker
  • Salt Lake City & Oklahoma City
Replied Apr 24 2023, 07:24

I'll second @Rhett Tullis here . . . that area continually attracts a lot of investors thanks to run-down 80+ year old houses and a seemingly evergreen base of students to rent it .  . . but if that is the hope in the investment you'll likely be better off investing in Edmond or Norman, which offer both of the above.

@Blake Young you have some rentals near OCU, right?  How many students have you rented to since owning any of them?

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Muhammad Ahmad
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Muhammad Ahmad
Replied Apr 26 2023, 10:46
Quote from @Will Fraser:

I'll second @Rhett Tullis here . . . that area continually attracts a lot of investors thanks to run-down 80+ year old houses and a seemingly evergreen base of students to rent it .  . . but if that is the hope in the investment you'll likely be better off investing in Edmond or Norman, which offer both of the above.

@Blake Young you have some rentals near OCU, right?  How many students have you rented to since owning any of them?

Hey, I want to buy a multifamily there because I will be studying at OCU. That is why I want to look for a property nearby so I can house hack easily