Blog post #3 -
Hey, this isn't so hard after all....and whoever said "he felt sorry for me" I'm beginning to understand what he meant. I woke up this morning and had the strangest urge to.....BLOG! How funny. I couldn't wait to read my comments and see what others had to say. So to all you vetern bloggers out there....thanks for all your positive feedback. I take your suggestions to heart and I will keep on writing and learning.
Real Estate Related...
I'm in Oklahoma City, and have been since 1989, give or take a few months I "moved" to Pismo Beach for what was more like a long term vacation than anything else. I've been working in real estate since 2001, first in Residential Mortgages, then Real Estate News, and now I'm a REALTOR and a full time investment coordinator. What I've discovered about Oklahoma City is that it is like no other city I've visited...and I've been to more than most!
I've visited Chicago, Dallas, Los Angeles, San Diego, San Francisco, Houston, Phoenix, Denver, Kansas City, Miami, Ft. Lauderdale, Atlanta, Charleston, Myrtle Beach, New York, Philly, Detroit, St. Louis, New Orleans, Austin, El Paso, Las Vegas.....just to name a few in the US. I used to think that Oklahoma City didn't belong in the same category...but after almost 20 years....I can tell you it's BETTER than all of those cities. And here's why...
1. Space - Oklahoma City Metro is one of the largest cities in terms of LAND AREA. So everyone has space and nothing is really congested. No traffic, unless there's an occasional accident. No rush hour, except for like 10 min or so...it's just easy to be comfortable. You can get to the airport from just about anywhere in the city in less than 20 minutes anytime of the day. Once there, you almost never wait in line. That's NEVER happened to me in any of the "big" cities above.
2. Affordability - Oklahoma City Metro is AFFORDABLE beyond belief. Here's an example...
This is one of my listings...it's been completely remodeled, hardwood floors, 2 beds / 1 bath, HUGE Fenced yard, 2 miles to an Interstate for $39,900. Where, in any major city, could you duplicate that?
And how about this....
Just sold this one. Duplex 1 bed / 1 bath on each side. 1200 sf in a HISTORIC DISTRICT called the Paseo.
Bought it for $28K, renovated it, and sold it for $70K. $70K for a completely remodeled duplex...each side will rent for $500. Do the math. Tell me that's not AFFORDABLE.
AND - OKC is still appreciating. We aren't affected by the BUBBLE, or whatever the national news media is calling it.
3. The People. This should probably be #1 - but what is great about OKC is the type of person that lives here. Not always, but almost always, everyone is friendly. Total strangers will wave as you pass by on the street, people hold doors open for you almost always, say thank you and please, will let you change lanes if you use a signal, offer assistance in the masses in times of trouble, it's undoubtly the friendliest big city in the Nation.
I have more...and will post as we go. But the bottom line is this...If you are considering getting out of your BIG CITY because the market is tanking or tanked....consider Oklahoma City as a viable option. If you are looking for a great place to invest, call me! These deals are all over the place and they totally make perfect sense.
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