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Updated 3 months ago on . Most recent reply

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Jennifer Allen
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Beginner in Oklahoma

Jennifer Allen
Posted

I am at the beginning stages of real estate investing. I am looking for my first property to rehab and create a cash-positive rental. I am located in Oklahoma and would like to start in this area. I am also looking for a great set of real estate professionals and skilled tradesmen to create positive relationships. 

  • Jennifer Allen
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    Steven Glick
    • Lender
    • Buffalo
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    Steven Glick
    • Lender
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    Replied

    Welcome to BiggerPockets. Starting local is usually a smart move, especially for a first rehab, since you can stay close to the project and build relationships face to face. As you evaluate properties, make sure your numbers are conservative on rehab costs, holding time, and rent assumptions so the deal is still cash-positive even if a few things run over budget.

    Building the right team early matters just as much as finding the deal. Look for professionals who have experience working with investors specifically, and who understand timelines, scope control, and investment-focused underwriting. Feel free to reach out anytime happy to connect and help.

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    Ziffy Mortgage

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