Investor · Oklahoma City · Member since 2019 · 56 posts · 5 votes
Afternoon BPers,
I am interested in getting a better understanding of OKC, specifically the different neighborhoods/area, with a description of the vibe, neighborhood pros/highlights/potential and cons, average/range of price point. Ultimately, would like to see if it is a class A, B, C,area as well. The goal is to purchase properties for long term investing.
Any one has any good sources to share? Would appreciate hearing this community's feedback.
Rental Property Investor · Oklahoma City, OK · Member since 2017 · 1k+ posts · 694 votes
5y
@Simond Wong let me know if you have any questions about OKC. We have a breakdown of what to expect with ROI in different areas, pros, cons, etc. @Kiera Underwood is happy to help too!
Property Manager · Oklahoma City, OK · Member since 2013 · 1k+ posts · 617 votes
5y
interesting that Nichols hills is class b. bet some of those folks would be a bit surprised by that. lol. also might be good to add the flood plain in del city and the area in the village to the high risk areas although maybe you are talking about higher risk of evictions or vandalism or tornados (Moore)? I have always explained okc metro to folks as a backward C. Most families with kids are moving somewhere in the C to get the best schools for their kids the schools in the middle of the C are not very sought after. I can't recall the last time someone called and said "I'm looking for a house in okc schools so i can get my kid into the district".
Rental Property Investor · Oklahoma City, OK · Member since 2017 · 1k+ posts · 694 votes
5y
@Rhett Tullis hey man, it’s impossible to get every detail onto a single PDF doc. Our goal is to give abroad overview. Okc is huge. We have a packet we share with more comprehensive breakdowns on returns to expect, schooling, etc. this is a single out of that.
Passive investing doesn’t usually happen in Nichols Hills, so it’s not really addressed but it does happen in the village. No matter how cute the space is and easy it is to rent you’re going to deal with flood plains and so-so schools and plumbing issues. So we don’t push it to A. That whole quail creek/Nichols hills/village area is kinda a melting pot. Agree with you on the c idea. Okc public schools leave much to be desired.