Another day, another property that has been destroyed in #Tulsa. 😔
As an #investor, you're taught that buying rough #property can make you a good return on your money. Sometimes it.jjst isn't worth it. #realestate #tulsaoklahoma #biggerpockets #drugs #breakin #Homeless
Another total gut rehab!
Sometimes, it's nice to know we're not in this alone. Other investors are working hard to make #Tulsa better too.
It's crazy how bad places can get when drugs are involved.
Another #methtoneth project done. #Tulsa sure offers some some interesting #craftsmans homes.
I had a local #Tulsa friend reach out because he needs a little help with a property.
He tends to be the nice guy, always giving people chances, never evicting, working with people for months and months... and this is what he has to deal with. It's unfair.
I know we'll get comments like "you should have screened your tenants better" - but if it's wasn't for people like this guy, these people would be homeless. He provides good housing, at affordable prices for those who need some help.
Lol #passiveincome #badtenant #real-estate #realestateinvestor
There are a ton of ways to break stuff, but neglect and a lack of maintenance seems to be the most common with rentals.
Sometimes things happen in #realestate that you can't control.
Today, I had some workers at one of my #rentalproperties. As I pulled up to check on things, a car swerved and smashed into the back of their car. An older gentleman's tire blew out, forcing him to swerve - total accident.
BiggerPockets doesn't prepare you for this.
Luckily everyone has insurance.
Another #methtonety rehab done. This one is older, but it's worth another share.
It was another major project, but the numbers are good. The rehab is good. The neighbors are happy... everyone wins.
HGTV Home.Made.Nation BiggerPockets #Tulsa #beforeandafter
We bought our personal home from someone who did an amazing job restoring it!
But, like all houses it has developed a little dryrot. Once we cut open the pillars, we found out where they cut corners - structural... no big deal 😑
#TulsaRealEstate #flippers #flippersbetrippers #badconstruction
We bought our personal home from someone who did an amazing job restoring it!
But, like all houses it has developed a little dryrot. Once we cut open the pillars, we found out where they cut corners - structural... no big deal 😑
#TulsaRealEstate #flippers #flippersbetrippers #badconstruction
This was our first rental in Tulsa. It had carpet in decent shape and was essentially a turn key property.
4 years later, it was time for new carpet. Here's what we found when we pulled it up.
Although this house won't meet the 1% rule as a rental, it will have just under $100,000 in equity - the project made sense! Don't get locked into one way of thinking, there are a lot of ways to make money in #realestate
#tulsa #realestateinvesting #biggerpockets #financialfreedom