All Forum Posts by: Ben Scott
Ben Scott has started 67 posts and replied 522 times.
Post: Looking for a Real Estate savy CPA

- Property Manager
- Oklahoma City, OK
- Posts 539
- Votes 332
We use P3 Accounting in Oklahoma City. They specialize in real estate investors and cannabis.
Post: OKC Bigger Pockets Virtual Call - Wednesday, Oct. 19 at 1pm CST

- Property Manager
- Oklahoma City, OK
- Posts 539
- Votes 332
Yes, we'll do another one on 11/16. PM me your email and I'll send you the link.
Post: Quarterly OKC Bigger Pockets Meet-Up - Thursday, Nov. 10 6p-8p

- Property Manager
- Oklahoma City, OK
- Posts 539
- Votes 332
Thanks @Stephanie Wilson. Hope you can make the next one.
Post: Recommendations for Property Management Software - 10-49 units

- Property Manager
- Oklahoma City, OK
- Posts 539
- Votes 332
@Abby Marshall Le Did you find a steep learning curve with Buildium? I gave that one a shot and couldn't figure it out. Maybe I'll take another crack at it.
Post: Quarterly OKC Bigger Pockets Meet-Up - Thursday, Nov. 10 6p-8p

- Property Manager
- Oklahoma City, OK
- Posts 539
- Votes 332
Post: Hot/Growing Real Estate Markets for Investment Real Estate

- Property Manager
- Oklahoma City, OK
- Posts 539
- Votes 332
If you drive through north Texas, there are cranes and new highways and development everywhere. But property taxes are notoriously high in TX given there is no state income tax. Oklahoma City is a quiet market with small ticks in appreciation (2020-2021 not withstanding) and a stable tenant and employment base.
Post: Property Management or Self-Manage?

- Property Manager
- Oklahoma City, OK
- Posts 539
- Votes 332
STRs are all about hospitality and creating an experience. I'd be concerned I could provide that in another continent. A few negative reviews or bad experiences can tank your listing.
Post: OKC Bigger Pockets Virtual Call - Wednesday, Oct. 19 at 1pm CST

- Property Manager
- Oklahoma City, OK
- Posts 539
- Votes 332
After breaking for several weeks due to scheduling conflicts, we're back! Please join us for our virtual call to discuss the Oklahoma City real estate market. Local and out of state. All are welcome. Local broker will host the call with investors to discuss OKC and answer any questions about current market trends. Look forward to it!
Post: Zero Experience Newbie w/$15k cash to invest. Suggestions?

- Property Manager
- Oklahoma City, OK
- Posts 539
- Votes 332
If you're doing a househack, you can get an FHA loan for a property up to 4 units. So you could purchase a duplex/triplex/4plex with an FHA/VA loan, live in one side and rent out the other(s). You would not 'cash flow.' But you would almost eliminate your housing costs. Would it be uncomfortable/awkward, maybe. But making such a purchase would springboard you into a real estate investing career without much capital.
Post: Will a credit line need to be closed to purchase a new property

- Property Manager
- Oklahoma City, OK
- Posts 539
- Votes 332
My first thought is would the bank be cool with borrowing against your current home to buy a new home. Because you could easily walk on the debt of your current home because you're already in your new home. In my experience, banks would only do HELOC or line of credit if you planned to occupy the property being borrowed against.