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All Forum Posts by: Susan Kang

Susan Kang has started 2 posts and replied 2 times.

Post: 20 year landlord and OVERWHELMED

Susan Kang
Posted
  • Posts 2
  • Votes 3

I've downsized to 19 doors and been doing everything my self for 20 years I'm exhausted and highly disorganized.  I'm not into technology both on my phone or with spreadsheets and this chaos is time consuming. I need help streamlining my business and getting all my units organiezed digitally, email wise, spreadsheets so that everythign is on one accessible place.  Yes I have rentla property managment software and a handyman that's been with me for the same amount of time, but i'm still a mess.  Wondering if i should hire an assistant or just turn everything over. When i have had property managers, they have always wanted to rent my units for 100 below what i would and could rent them for and they just didn't understand the niche that i created. Which is why i've not been able to "let go", but i SO want to "let go"  Wondering how people stay organized and any suggestions would be helpful.

Post: Oklahoma City vs Tulsa...Which one is better investment?

Susan Kang
Posted
  • Posts 2
  • Votes 3

Out of state investor, first time in Oklahoma, can't decide between the two. They seem so similar in stats (I'm not an expert though) but everyone seems to always mention OKC as the next hot spot.  Why not Tulsa when the stats are so similar?  Everything looks great in both towns but then the insurance and all the climate risks make me wonder if I should back out.  Having a house in Tulum Mexico, the upkeep in the humid hurricane environment is so financially draining, i wonder if Oklahoma is similar with these apparent high climate risks. Don't want all my cash flow to go towards maintenance.  I'm tending towards Tulsa cuz OKC seems more tornado prone and Tulsa more artsy. Am i wrong? Questions....
1.  thoughts between the 2 as better investment?
2. have you noticed higher and regular exterior maintence protection (sealing/weatherproofing/termite/bug protection) or anythign? that i should be aware of when purhcasing in OK?
3.  I'm always hearing about foundation issues as a potential. Like what and wh?
4.  Do you carry earthquake, flood or termite insurance?

Much appreciated!