#247803 - 09/03/08 10:55 PM
buying , holding , selling
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Junior Member
Registered: 09/03/08
Posts: 4
Loc: okc
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Is the market right for investing in Okc real estate?
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#249707 - 09/14/08 04:18 PM
Re: buying , holding , selling
[Re: jamesww]
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Member
Registered: 09/10/08
Posts: 31
Loc: Southern California
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I imagine that there are areas that are good for investing and others that are not. Surely investing in OKC is like every other state, it a house by house, neighborhood by neighborhood basis. Find a local Realtor who handles the most business, likely and REO Agent and pick their brain about the market.
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#251925 - 09/26/08 11:44 AM
Re: buying , holding , selling
[Re: Nat_Ferguson]
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Member
Registered: 06/16/08
Posts: 100
Loc: Minneapolis, Minnesota
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As we know, real estate investing is a long term game. Supply on the MLS is still high, and prices are historically low. If you have time on your side (I would say at least 3-5 years), investing in real estate is a great long term way to build wealth.
Here in the Minneapolis market, we are seeing so many homes for sale it is crazy! And the rental market is strong and getting better every day with the increased demand.
Long story short...I don't know your market specifically, but I am sure there are many similarities to our Minnesota real estate market. We tell our investors to find a nice condo, townhome, home, duplex....rent it out and hold onto it.
Thanks again for your post!
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#255896 - 10/20/08 10:05 PM
Re: buying , holding , selling
[Re: super realtor]
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Member
Registered: 09/23/07
Posts: 408
Loc: Plano, TX
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Check the market with a Realtor and then decide. If you are looking for a long term investment so any time is good if you buy smart. If you would like to flip, just research the market very carefully and then take an action.
Good luck!
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