All Forum Posts by: Stephen Richerson

This Saturday our investing team will be showcasing one of our N. Charleston Flips. This is your chance to meet with local real estate investors, learn from the pros who have done many deals and countless remodels. Network with other entrepreneurs and business owners. This meeting is by invitation only so go message or email me directly at [email protected] to get registered.

This Saturday our investing team will be showcasing one of our N. Charleston Flips. This is your chance to meet with local real estate investors, learn from the pros who have done many deals and countless remodels. Network with other entrepreneurs and business owners. This meeting is by invitation only so email me with your full contact info or go to rei-nation.com/contact and fill out the "Register for an Event" form. Once you've registered we will get back to you with the details.

Okc has been hot for a while.  Any downturn is a seasonal thing.  The energy issue will have a significant impact on economic growth but at the same time that will bring opportunity for good deals.  Oil and gas folks who get laid off or their oil field service industry goes bankrupt end up short selling, or get foreclosed on.  There are always investing opportunities no matter what is going on locally. 

Oklahoma is close enough to the open Mexican border so there will be a constant population growth for immigrating families.  Investing in anything south of I-40 is cheap and you can get a large family to rent it out. Most immigrating families have multiple income earners so a lot of time they are very reliable for rent and are great for an eventual lease option. 

Yukon and Piedmont are still growing and have good enough schools for rentals markets.  I have never considered MWC or Del City except for new homes around Tinker AF base.  Military folks are always in and out of town, have stable income, and more disciplined than most. 

Can't go wrong with rentals in Norman because of OU and Edmond will always be in high demand. 

However, take a look at mid town and uptown.  The schools are rough BUT many young professionals, are enjoying the culture that has been booming.  From 16th to Paseo drive, 23rd street etc, between Broadway Ave and all the way to May Ave. That are might have another 10 years of rehabilitation development.  

Still my favorites are the Village, older Deer Creek neighborhoods, and anything close to the Kilpatrick turnpike.  Over the next ten years, that entire highway will be developed all the way to Yukon.  

Stick to basics, find good deals in good school districts. 

Hello BP!,  I am a former contractor turned investor turned private lender.  I am associated with the largest private lenders in the country.  We have a wide variety of programs and strategies to quickly fund your deals.  I look forward to assisting and serving other BP members with their contractor issues as well as getting your deals funded swiftly and at very affordable rates.    

I'm curious to hear from you and what your greatest dilemmas are from your existing funding sources.  My MO is to serve investors at every stage in their commercial or residential career.  Time is critical so we work fast to get a pre approval answer within 24-48 and close in less than 20 days.  

I look forward to connecting with you all and contributing value to the BP community.