Investing in Oklahoma

[Kristopher Cowen]

Does anybody currently BRRR in Oklahoma City area? I'm looking into Norman or Moore OK (home of OU). I'm in southern Ca, and looking for opportunity a bit closer to me than Ohio etc. I'm a newbie so I greatly appreciate your advice.

[Will Fraser]

I second the previous explanations here whole-heartedly! BRRRR is still possible in OKC, (it's actually easy here, but I'm assuming you are referring to a perfect $0 cash-left-in BRRRR, which is more challenging for sure).

We’ve got a nice stable market with lots to appreciate, but I’d put most of our wholesalers on a different list than “things to appreciate about OKC” . . . Very few true deals, LOTS of eyeballs on them, and poor information supporting their claims.  

I’ve had far better luck with on-market deals than wholesale, but I also realize that I’m not on the top of any of the local wholesalers’ lists, so I may not even see the good deals they do occasionally find.