Looking to buy property in Oklahoma City Metro
Looking for buy and hold, max $80,000, single-family or multi residential. looking to buy within next month.
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@Jordan Slater there's a lot of opportunity in OKC! I'd focus on C class in your search. There's fierce competition of condition/higher make-ready costs and more vacancy/mobility in the B class arena. The biggest factor for most of the investors I see come to OKC is just that C class has much higher rates of return and you can more consistently find good deals! I've got a map that breaks down the areas by class, but it's not letting me post here! Most OOS investors really like Midwest City though. It feels like the safest C class, it's driven by a major Air Force Base and the homes are typically rented by blue collar workers. There are other C class areas that rival this, and then there are of course higher risk/higher reward areas that I love, but that OOS investors are often a little nervous about. My thought is, if the numbers make sense, it makes sense to me! But a lot of investors want to feel good about their property, so Midwest is a solid choice! Good luck!!