Edmond, OK · Member since 2017 · 7 posts · 2 votes
Hello everyone, I moved to the Oklahoma City area about 2 years ago and I've been digesting bigger pockets blog posts and podcasts ever since. I'm planning on purchasing my first deal before years end. I'm interested in purchasing single family homes and/or small multifamily. I'd be interested in connecting with anyone who shares real estate interests especially in the OKC area.
Rental Property Investor · Edmond, OK · Member since 2017 · 1k+ posts · 1k+ votes
7y
Hi Adam!
Welcome to the OKC investing community! This is a great place to be.
I definitely agree with what @Kurt Michaelson said about meetup.com. Some of the real estate meetups are posted on here, but there are quite a few other ones that are only on meetup.com. The first of the month is a great time to get involved because it seems like a lot of the meetups happen the first two weeks of the month.
The OKC investing/investor community is super welcoming and helpful. When I was first getting started here I got SOOO much out of the meetups (and I still do!). People are incredibly willing to share their knowledge and resources.
If you wish to tag someone in the conversation on the forum, type @ followed by their name and then select the name of that person which should appear below the comments box. He or she will be notified of being tagged so that the conversation will continue.
Mustang, OK · Member since 2018 · 154 posts · 110 votes
7y
@Adam Diedrich Welcome to the BP community and to the OKC area. I'm new to the area as well and share similar interests as you with regard to RE investing.
I'd suggest looking on Meetup.com where some of the local investing groups are gathering. I know of 2 that are coming up at the beginning of April.
Rental Property Investor · Montgomery, AL · Member since 2018 · 80 posts · 51 votes
7y
@Adam Diedrich hello Adam! We have similar interests and timelines. I'm currently displaced from OKC (military), but plan to start purchasing SFH rentals soon. From what I can tell so far, there's a fair amount of properties that fall into the 1%+ category with a little cash flow... higher in the riskier neighborhoods.
Rental Property Investor · Oklahoma City, OK · Member since 2015 · 66 posts · 21 votes
7y
Hi, @Adam Diedrich! Welcome to BP, from a fellow Okie. There are a handful of active folks here from Oklahoma. If you have any specific questions about the area or anything, feel free to reach out. Best of luck getting started!
Rental Property Investor · Edmond, OK · Member since 2017 · 1k+ posts · 1k+ votes
7y
Hi Adam!
Welcome to the OKC investing community! This is a great place to be.
I definitely agree with what @Kurt Michaelson said about meetup.com. Some of the real estate meetups are posted on here, but there are quite a few other ones that are only on meetup.com. The first of the month is a great time to get involved because it seems like a lot of the meetups happen the first two weeks of the month.
The OKC investing/investor community is super welcoming and helpful. When I was first getting started here I got SOOO much out of the meetups (and I still do!). People are incredibly willing to share their knowledge and resources.
You'll find plenty of friendly, knowledgeable people willing to respond to your posts. A lot of forum members are experts in their respective fields related to real estate investing, whether that is real estate sales, wholesaling, flipping, buy and hold investing, lending, self-directed IRA and Solo 401k investing, or tax and legal guidance.
Financial Advisor · Issaquah, WA · Member since 2017 · 241 posts · 141 votes
7y
@Adam Diedrich Welcome to BP! I'm an out-of-state investor in OKC, making my first trip down in a few weeks to visit properties, lender, agents, etc. From an investment perspective, OKC is a great market with lots of solid opportunities for cash-flowing properties. Appreciation isn't the best compared to other places, but it's hard to argue with the affordable prices, good price-to-rent ratios, and landlord-friendly laws.
Have you figured out what kind of investing you want to do? Looking for solid 1%+ rentals? BRRRRing? House hacking? Have you lined up your capital? Will you be using conventional/conforming loans or portfolio loans? Just some food for thought.
Financial Advisor · Issaquah, WA · Member since 2017 · 241 posts · 141 votes
7y
@Adam Diedrich Welcome to BP! I'm an out-of-state investor in OKC, making my first trip down in a few weeks to visit properties, lender, agents, etc. From an investment perspective, OKC is a great market with lots of solid opportunities for cash-flowing properties. Appreciation isn't the best compared to other places, but it's hard to argue with the affordable prices, good price-to-rent ratios, and landlord-friendly laws.
Have you figured out what kind of investing you want to do? Looking for solid 1%+ rentals? BRRRRing? House hacking? Have you lined up your capital? Will you be using conventional/conforming loans or portfolio loans? Just some food for thought.
Edmond, OK · Member since 2017 · 7 posts · 2 votes
7y
@John McGonigal, that's similar to what I have gathered as well. It's always good to see someone who sees the same thing for validation. thanks for your service.