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Updated 7 days ago on . Most recent reply

User Stats

3
Posts
2
Votes
Joseph Cullinan
2
Votes |
3
Posts

New Investor in Dallas / Oklahoma City Areas

Joseph Cullinan
Posted

Hey BP community,

New investor here, based in Dallas and am about to rent out my primary residence as a furnished mid-term rental. It’s a townhome located near a major medical area, so I’m targeting traveling nurses and other professionals looking for 1–6 month stays.

I plan to stay local here in Dallas but am starting to explore investment opportunities in the Oklahoma City metro area. I lived in OKC for about six years, so I’m already familiar with the city and surrounding suburbs.

Right now, I’m open to a few different paths for my next deal:

  • Long-term rentals in OKC
  • Additonal furnished mid-term rentals in OKC
  • Flip opportunities here in Dallas, since I’ll be close by to stay involved in the process

Would love to hear from anyone currently investing in OKC or Dallas.

Appreciate any insights, and looking forward to connecting with others in these markets!

- Joe

Most Popular Reply

User Stats

72
Posts
38
Votes
Michael Ewers
  • Rental Property Investor
  • Grapevine, TX
38
Votes |
72
Posts
Michael Ewers
  • Rental Property Investor
  • Grapevine, TX
Replied
Quote from @Joseph Cullinan:

Hey BP community,

New investor here, based in Dallas and am about to rent out my primary residence as a furnished mid-term rental. It’s a townhome located near a major medical area, so I’m targeting traveling nurses and other professionals looking for 1–6 month stays.

I plan to stay local here in Dallas but am starting to explore investment opportunities in the Oklahoma City metro area. I lived in OKC for about six years, so I’m already familiar with the city and surrounding suburbs.

Right now, I’m open to a few different paths for my next deal:

  • Long-term rentals in OKC
  • Additonal furnished mid-term rentals in OKC
  • Flip opportunities here in Dallas, since I’ll be close by to stay involved in the process

Would love to hear from anyone currently investing in OKC or Dallas.

Appreciate any insights, and looking forward to connecting with others in these markets!

- Joe


 I buy rentals in DFW and OKC. OKC is a great market. You're able to find a reasonably priced rental in a B neighborhood for under $250,000. It's tough to find an under $250k rental in a B area in DFW. Also, OKC's taxes are lower and hardly have HOAs. For long term, I'd focus in Mustang, Yukon, Edmond, and The Village. 

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