All Forum Posts by: Brendan Harrison

Some things I can think of would be:

- Monthly Cleaning Fees after each booking

- Supplies (toilet paper, shampoo, body wash, coffee etc)

- Cost of furnishing 

As for what to expect: 

Internet: I'd say most companies range from $50 - $100 depending on the speed you are wanting. A lot of my investors that do short-term rentals use streaming services. This can save you on cost by having the customers sign into their accounts when they arrive if you choose to not provide the service.

Electricity: Higher usage electricity months start at $150. 

Gas: During the colder months (200+) During the summer ($40+) 

Lawn: We pay our Lawn guy $50 every two weeks. Our property has a decently sized front & back yard. He comes on schedule every two weeks and is very reliable. 

Water/Garbage: In OKC water and trash is grouped in to one service through okc.gov. On average I'd expect $80 - $100/month

Property taxes are both low and fairly predictable across the state.

Hopefully I could help you out a bit! If you have any questions regarding the market or want access to some off-market deals let me know! More than happy to provide you with that information. Good luck!

Oklahoma City, OK & Tulsa,OK are two hot emerging markets with low property taxes. Would love to connect you with some investment opportunities in this area.

Hey Carmella!

Here are the three that a lot of the investors I work with use!

The Property Center:

(405) 355-2500

Key Property Management:

(405) 454-7000

Homeworx Sales and Leasing:

(405) 773-9679

Hey Priti,

I'm a real estate investment specialist in the Oklahoma City and Tulsa markets and I work with a lot of investors like yourself to help connect them to investment properties. My team is moving 35 properties/month across Oklahoma. I'd love to connect and share some info on the market. We have a great rental market, the state is extremely landlord friendly, and the price points make much more sense than some of the other markets you're looking into. Feel free to reach out if you're interested in a phone call at some point!

Hi! I'm a real estate investment specialist here in OKC and my team works both OKC and Tulsa. I'd love to set up a time to chat over the phone about what your strategy is and how that fits in to either market!

Hi! My fiancee and I are both recent college grads and we are wanting to get our start in real estate, but we have a considerable amount of student loan debt and some credit card debt as well. She is currently working full-time and I was in my first semester of medical school when I made the decision that I wanted to begin pursuing real estate full-time, so I'm currently searching but have several interviews lined up. With her income and our savings we are doing fine financially and will definitely have some excess once I get a job. With that being said we aren't really sure whether our excess should be put towards our debt or if we should use that to try to find our first property.

Personally, I would love to put it towards our first property because this is something that we've been talking about for 3 years now and I'm at a point that I'm tired of talking about it and ready to make it happen (hence me dropping out of med school haha) but I'm not sure if that's that best decision and I am just seeking some guidance on managing debt while still getting started (and it hopefully not taking us another 1-2 years to finally buy our first property).

One thing that we've discussed is house hacking while using an FHA loan. But finding a duplex where the numbers make sense (at least in our market) right now seems almost impossible. We're also unsure whether we'd even be able to get a loan due to our debts and that's something that we weren't sure whether we needed to just go talk to banks about and tell them what we were wanting to do to feel out the situation or if there was some way to tell whether we could qualify or not.

Any advice/guidance is greatly appreciated and thanks in advance!

(I know there have been several posts on this but they seem to be 6+ years old and the market has changed quite a bit since then so I was hoping for fresh advice)