All Forum Posts by: Ron Harris
Ron Harris has started 120 posts and replied 240 times.
Post: OKC Real Estate Investor Happy Hour (2nd Tuesday of the month!)
- Investor
- Oklahoma City, OK
- Posts 279
- Votes 90
Theresa,
Thought about putting it on meetup?
Ron
Post: I'M NEW TO ALL OF THIS!
- Investor
- Oklahoma City, OK
- Posts 279
- Votes 90
Originally posted by @Trevor Shettron:
Welcome to BP!!! Ron is absolutely right in attending the real estate clubs and meet ups. I love working with new investors. You can call me anytime and talk.
Trevor,
You guys still doing your meetup, too?
Post: I'M NEW TO ALL OF THIS!
- Investor
- Oklahoma City, OK
- Posts 279
- Votes 90
Welcome to BiggerPockets & OKC!
I recommend you join the local Real Estate Investors Association (REIA) & free Meetups to be around like-minded individuals.
In Oklahoma City, we are a tight group of investors and collogues. Many of us become close friends and like a family!
What I have seen over the years, since 2006, is that we can tell the success level of new investors by how often they show up. It's amazing what it will do for your motivation and momentum when around your peers.
For real estate investors in Oklahoma City, we have:
1st Wednesday of every month "Coffee with Real Estate Investors"www.coffeewithrealestateinvestors.com
1st Thursday of every month Millionaire Possabilities MPREIA www.meetup.com/MPREIA/
3rd Saturday of every month Real Estate Wholesalers Breakfast www.meetup.com/Real-Estate-Wholesaler-Breakfast
4th Tuesday of every month OKC Real Estate Wholesalers Network www.meetup.com/Real-Estate-Wholesalers-Network/events/
For entrepreneurship & business in Oklahoma City, we have:
Every Wednesday morning1 Million Cups OKCwww.1millioncups.com/okc
2nd Wednesday of every month "Coffee with Entrepreneurs" www.okceg.com
4th Thursday of every month OKC Entrepreneur Group www.OKCEntrepreneurGroup.com
Misc
Multiple times per month"The Meeting After The Meeting" - Dinner with Entrepreneurs & Real Estate Investors www.meetingafterthemeeting.com
I am a local real estate mentor and business coach so if you ever need guidance and accountability I might be a resource to you. I am always open for a cup of coffee!
No matter what you do, you MUST plug in to all the local resources and build relationships! It will be invaluable to your real estate success.
Enjoy the day,
Ron Harris
The Renascent Entrepreneur
Renascent Mastermind | Spearhead Realty | OKC Entrepreneur Group
Post: Hello from Oklahoma
- Investor
- Oklahoma City, OK
- Posts 279
- Votes 90
Originally posted by @Justina England:
Thank you Ron Harris for all of this information!
Hi Justina!
Good to see you at the Coffee with Real Estate Investors and MPREIA.
Lots of great stuff coming soon for us real estate investors!
Post: Hello from Oklahoma
- Investor
- Oklahoma City, OK
- Posts 279
- Votes 90
Try MPMeeting.com
Welcome to Biggerpockets & OKC!
I recommend you join the local Real Estate Investors Association (REIA) & free Meetups to be around like-minded individuals.
In Oklahoma City, we are a tight group of investors and collogues. Many of us become close friends and like a family!
What I have seen over the years, since 2006, is that we can tell the success level of new investors by how often they show up. It's amazing what it will do for your motivation and momentum when around your peers.
For real estate investors in Oklahoma City, we have:
1st Wednesday of every month "Coffee with Real Estate Investors"www.coffeewithrealestateinvestors.com
1st Thursday of every month Millionaire Possabilities MPREIA www.meetup.com/MPREIA/
3rd Saturday of every month Real Estate Wholesalers Breakfast www.meetup.com/Real-Estate-Wholesaler-Breakfast
4th Tuesday of every month OKC Real Estate Wholesalers Network www.meetup.com/Real-Estate-Wholesalers-Network/events/
For entrepreneurship & business in Oklahoma City, we have:
Every Wednesday morning1 Million Cups OKCwww.1millioncups.com/okc
2nd Wednesday of every month "Coffee with Entrepreneurs" www.okceg.com
4th Thursday of every month OKC Entrepreneur Group www.OKCEntrepreneurGroup.com
Misc
Multiple times per month"The Meeting After The Meeting" - Dinner with Entrepreneurs & Real Estate Investors www.meetingafterthemeeting.com
I am a local real estate mentor and business coach so if you ever need guidance and accountability I might be a resource to you. I am always open for a cup of coffee!
No matter what you do, you MUST plug in to all the local resources and build relationships! It will be invaluable to your real estate success.
Enjoy the day,
Ron Harris
The Renascent Entrepreneur
Renascent Mastermind | Spearhead Realty | OKC Entrepreneur Group
Post: Calculating Insurance
- Investor
- Oklahoma City, OK
- Posts 279
- Votes 90
Welcome to Biggerpockets & OKC!
I recommend you join the local Real Estate Investors Associations (REIA) to be around like-minded individuals.
What I have seen over the years, since 2006, is that we can tell the success level of new investors by how often they show up. It's amazing what it will do for your motivation and momentum when around your peers.
For real estate investors in Oklahoma City, we have:
1st Thursday of every month www.mpmeeting.com
2nd Thursday of every month www.okcreia.com
For entrepreneurship & business in Oklahoma City, we have:
2nd Wednesday of every month "Coffee with Entrepreneurs" www.okceg.com
4th Thursday of every month www.OKCEntrepreneurGroup.com
I am a local real estate mentor and business coach so if you ever need guidance and accountability I might be a resource to you. I am always open for a cup of coffee!
Enjoy the day,
Ron Harris
The Renascent Entrepreneur
Post: New to Norman/OKC area
- Investor
- Oklahoma City, OK
- Posts 279
- Votes 90
Welcome to Biggerpockets & OKC!
I recommend you join the local Real Estate Investors Associations (REIA) to be around like-minded individuals.
What I have seen over the years, since 2006, is that we can tell the success level of new investors by how often they show up. It's amazing what it will do for your motivation and momentum when around your peers.
For real estate investors in Oklahoma City, we have:
1st Thursday of every month www.mpmeeting.com
2nd Thursday of every month www.okcreia.com
For entrepreneurship & business in Oklahoma City, we have:
2nd Wednesday of every month "Coffee with Entrepreneurs" www.okceg.com
4th Thursday of every month www.OKCEntrepreneurGroup.com
I am a local real estate mentor and business coach so if you ever need guidance and accountability I might be a resource to you. I am always open for a cup of coffee!
Midwest City is also a great place to invest. I'd avoid Del City since they have lots of "inspection" rules on landlords/tenants.
Enjoy the day,
Ron Harris
The Renascent Entrepreneur
Post: Looking to learn in Oklahoma city
- Investor
- Oklahoma City, OK
- Posts 279
- Votes 90
Welcome to Biggerpockets & OKC!
I recommend you join the local Real Estate Investors Associations (REIA) to be around like-minded individuals.
What I have seen over the years, since 2006, is that we can tell the success level of new investors by how often they show up. It's amazing what it will do for your motivation and momentum when around your peers.
For real estate investors in Oklahoma City, we have:
1st Thursday of every month www.mpmeeting.com
2nd Thursday of every month www.okcreia.com
For entrepreneurship & business in Oklahoma City, we have:
2nd Wednesday of every month "Coffee with Entrepreneurs" www.okceg.com
4th Thursday of every month www.OKCEntrepreneurGroup.com
I am a local real estate mentor and business coach so if you ever need guidance and accountability I might be a resource to you. I am always open for a cup of coffee!
Enjoy the day,
Ron Harris
The Renascent Entrepreneur
Post: 100K In My Hand. Looking for Advice, Partnering Idea?
- Investor
- Oklahoma City, OK
- Posts 279
- Votes 90
100K will go a long way in Oklahoma City.
I wouldn't partner up with someone just to be mentored. It would be a conflict of interest of the mentor. The only real way it works out well is if one is the money and other the doer and with some type of split. You would really have to vet out the local "boots on the ground" partner. Trust and integrity will be high priority.
The easiest for you is just to become a private lender. It would have less risk vs partnership.
The other option is what one of my California students are doing: They come to OKC every month (rent a place) so that they can invest in OKC. They manage everything during that time with the contractors, etc. They are still building the team. Luckily, they have us as mentors and access to lots of our resources. Once you plug into the REIA's and local investors, you will have access to great resources, too.
Hope that helps,
Ron
The Renascent Entrepreneur
Post: Oklahoma newbie in a smaller-town market
- Investor
- Oklahoma City, OK
- Posts 279
- Votes 90
To help answer your questions:
- 1) Are there any real estate clubs in the Bartlesville / Tulsa, OK area?
- Probably not a REIA in Bartlesville. But maybe you could setup a meetup.com group and start a small group to meet on real estate investing? I'd start at a local coffee shop.
- 2) What are some important things to know about the real estate market in this area, or similar type markets? (oil industry exposure... lower property values... smaller town, but commuting distance from bigger city... NE Oklahoma...)
- You'll want to invest in areas with appreciation. Good job market. Great schools. Landlord friendly. Try to invest in pocket areas (keep all your properties in similar areas)
- 3) Pros / cons of getting a real estate license?
- You don't need a license to invest. You DO need a license to sell someone house. If you wholesale, you must have the correct contract to give you equitable interest or you will be "practicing real estate without a license". I have seen several wholesalers do it all wrong and pay the price.
- The Pro: Access to MLS and don't have to wait on an agent. MLS is great for comps (CMA's). You can list your own properties and pay yourself! Always disclose if you are an agent.
- You don't need a license to invest. You DO need a license to sell someone house. If you wholesale, you must have the correct contract to give you equitable interest or you will be "practicing real estate without a license". I have seen several wholesalers do it all wrong and pay the price.
- 4) Pros / cons of forming a partnership or similar legal entity with one or two partners?
- As my decamillionaire friend says "Partnerships are sinking ships". It just depends. It's a LONG conversation and evaluation. MUST have a great operating agreement.
Try to find a local mentor... it'll be worth the time, effort and cost!
Ron