All Forum Posts by: George Aston

@Brandon Sturgill It’s an amazing place to live, lots of people are moving here and they aren’t building houses fast enough. 😀

Thanks for all the info and feedback. The OKC area market sounds pretty tight, but better than the Boise market (where I live). Right now there is a .4 month supply of homes on the market and the demand is high. Builders have stopped taking reservations from new buyers to try and catch up and they are having a hard time getting materials to finish homes because of supply chain issues. Prices are crazy and everything goes for well over asking price. Almost impossible to find a rental property that cash flows without paying cash for it. From what I'm seeing on Zillow or Realtor.com, it makes more sense to invest there still. 

Who's investing in Oklahoma out there? How is it? What cities/towns are the best to invest in? Thx

@Tommy Macfarlane Nice job!

@Craig Jeppesen Thanks again!

@Don Spafford Thanks much.

@Craig Jeppesen Thanks!

@Eddy Udry Thanks!

I'm a new real estate investor and I'm looking to get a HELOC to purchase real estate and/or to pay down my mortgage faster. Does anybody have recommendations on which banks to talk to? I'm in the Boise, Idaho area. We have an excellent credit score (820+) and have about 250k equity in our home. Thanks!

@Nadia Alrawi Yes, Boise has been booming for a while. Like @Cody Stone said, there are a lot of people from out of state moving here. Mostly from California and the NW areas and are driving up home prices. I would be concerned with betting on appreciation though. I think people will continue to move here and rents will be in demand because they want to get out of their areas due to costs, taxes and politics. It is hard to find deals that meet the 1% rule here though. So, if you can find a good cash flow deal, I think it is a good place, but I'd be concerned to bet on appreciation - unless you are looking to force appreciation through home improvements.