All Forum Posts by: Tom O'Stasik

Tom O'Stasik has started 4 posts and replied 119 times.

Glad to see lot of inputs on Tulsa Area. I was driving by last month and noticed lot of construction happening in Bixby area. I even saw new single family Rental community near bixby downtown. I guess that means, there is healthy demand for rents in the metroplex.
I am curious if there is a city or few Zip codes within Tulsa, Broken arrow, Bixby, Jenks and Owasso, that is preferred by prospective tenants ? Also, it will be great to get feedback on relative risk from tornados and floods, for the above cities. Any thoughts are welcome.

I'll bet my favorite Tulsa super-agent, @Tom O'Stasik, could answer your questions!

I sent a DM 👍🏻

1 Vote

Tulsa, Oklahoma

Just sent you a DM about a portfolio in Tulsa

Quote from @Taylor Hosick:

Hi All,

My team is expanding in Tulsa Oklahoma this year. I’m seeking to add 50 duplexes (preferred) or 100 total homes to our portfolio this year. If you know anyone who may be willing to sell their a portfolio, I’d be happy to pay a finders fee or even work out a percentage of our deal for you.

If you own duplexes in tulsa and would like to sell 1 or two of them or 10, I’m open to that as well.

Looking forward to hearing from ya!

-Taylor

1 Vote

Tulsa, Oklahoma

Hi @Sunny Karen,

Truth be told, cash flow is tough to find these days in Tulsa. Your best bet to find cash flowing deals are either off market, or a BRRRR strategy. Anything on the positive side right now is good. You'll want to be certain on your rents though. If you're holding out for more than $200 a month cash flow, you're going to be on the sidelines for awhile.

1 Vote

Tulsa, Oklahoma

Hi Erika,

I'm an investor/agent in Tulsa. I work with investors of all kinds to help them build out their portfolios in the Tulsa market. A lot of those times it's working with and mentoring newbie investors. I'd be happy to setup a call with you if you'd like to discuss.

1 Vote

Tulsa, Oklahoma

Quote from @Sandy Chau:

@Mitch Messer @Tom O'Stasik

Independently, I have been looking at Oklahoma as well (OKC and Tulsa) but I learnt that the home insurance prices are the highest in the US, even more than Florida which is notorious for high insurances.

How do the investment returns work with home insurances even higher than the property taxes? I'm sure there's something that I'm missing.

This misconception comes up quite frequently in my conversations with out of state investors. I'm not sure where this information is coming from, but this narrative is false. The only extreme insurance I've seen is for land that is in a flood zone.

1 Vote

Quote from @Matthew Kalifeh:

Hello BP,

I am currently an undergrad student with 2.5 semesters left (Finance Major RE Minor) I have read many books and have listened to many podcasts on RE investing so my mind has been set to do this for a while now.

I plan on investing long-distance eventually but am looking to move to an area that has a strong RE market that I can invest in sooner rather than later, and lots to offer for young people. I have done plenty of research and taken multiple "Which city should I move to based off personality" quizzes and get different answers every time.

I am going to house hack as soon as I can, and want to start in wholesale and eventually move into rental properties.

Does anyone have any suggestions?

Also, no California or New York or anywhere where the cost of living is on the outrageous side.

Thank you so much.

Hi Mathew, I’m an investor agent in Tulsa helping people invest and relocate to Tulsa. Tulsa does have a program that gives you $10,000 to relocate here if you are a remote worker. Let me know if I can help

2 Votes

No that’s not true. You can buy Oklahoma real estate for living in or investing without living in Oklahoma

0 Votes

Hi Phil, I was in a similar position as you once. I'd be happy to jump on a call and talk through things with you if you'd like. If you are interested, DM me and let's connect

0 Votes

Houston, Texas

Congrats. Wish you the best of luck!

1 Vote

Tulsa, Oklahoma

Hi Erik,

I'm an investor/agent in Tulsa. I'd be happy to connect and help if I can. Sounds like the next move should be another house hack with as little down as possible

0 Votes

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All Forum Posts by: Tom O'Stasik

Tom O'Stasik has started 4 posts and replied 119 times.

Post: Hello from the Midwest(Tulsa/Broken Arrow) and getting deeper into real estate.

Post: Seeking Tulsa Duplexes or Portfolio

Post: Should we pull the trigger on these properties? First time investor in Tulsa

Post: In search of a mentor

Post: Great cities for starting investors

Post: Great cities for starting investors

Post: House Hacking in Oklahoma

Post: Seeking a Real Estate Investment Mentor

Post: STR in Tulsa Oklahoma by ORU and St. Francis Hospital

Post: Succesful House Hack. Now what?