Joe Pryor

Rank: 1095 / 5440

9 selected videos

Oklahoma City new home permits up!

http://virtualrealestateteam.com. Last year in Oklahoma City new home permits were significantly down. This was not do to a bad market condition or economic downturn, it was just that the city has been growing so fast that we have outstripped land that can have public utilities like server and water. The cost of bringing in server and water for a developer can run into the millions if the city cannot expand the system quickly enough but that is what is happening. January and February 2015 have...

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Related topics : oklahoma city new homes for sale / find new homes for sale

Oklahoma City Terra Town Homes For Sale

http://virtualrealestateteam.com. Town homes for sale in Oklahoma City are the hottest category for investors but also those looking for a place to own and live. Building the Terra Town Homes on a less than 1/2 acre tract maximizes the use of land for 17 properties. On this video we will explain that with even all factors put in like vacancy, maintenance, and property management fee, the capitalization rate is still close to 10% which for new construction is beyond what most commercial...

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Time to Buy Oklahoma City New Homes for Rental property

http://virtualrealestateteam.com. In a few days it will be October and the perfect time to buy new Oklahoma City homes for rental property. There are two ways to think about buying. First, in the fourth quarter, builders are more willing to make deals to hit their numbers and reduce end of year inventory. I have properties from multiple builders starting in the $140,000s that are discounted for you and rent ready. The second idea is to buy for them Spring. If you are not worried about interest...

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Related topics : new city homes / new homes buy

Investing in Oklahoma City new homes for sale real estate

Back before 2008, many out of state investors bought new homes in Oklahoma City. The reason was no and low maintenance, no functional obsolescence, and desirability that made vacancy rates extremely low. Now investors are returning to safe stable markets like Oklahoma City that have low unemployment, low cost of living, and great income growth as well as no subprime meltdown affecting values. learn about our new home builder discounts, 1% vacancy rate and that is not a typo, and great cash...

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Oklahoma City new homes for sale perfect for investors

http://www.joepryor.com for the lastest in Oklahoma City homes for sale for investors. If you are an out of state investor looking forward to 2013 the bargains once available in Nevada and Arizona are now gone, so now it is time to look for stable markets with low unemployment like Oklahoma City which also has an extremely low vacancy rate. Learn why this could be your best long term buy and contact me for the latest in Oklahoma City real estate investment news at joe@joepryor.com.

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Oklahoma City VA Foreclosure Homes for sale with Special Financing

This is an introductory video for experienced real estate investors that want to still buy homes with low down payment. VA offers 5% down and unlimited number of these you can buy with no mortgage insurance on their foreclosed homes, and you don't have to be a verteran to buy them. The video will be uploaded to www.virtualrealestateteam.com and www.joepryor.com

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Related topics : va homes for sale foreclosure / foreclosed homes buy

Edmond Oklahoma First Time Homebuyers and New Homes

For Oklahoma City area first time homebuyers this is a video to be careful with the purchase of new home construction especially if you are going to your full qualifying dollar amount, becasue new home depreciate the minute you close on them.

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Related topics : oklahoma new homes / new construction homes

Why buy investment foreclosures in a judicial state like Oklahoma

http://www.joepryor.com. The great buys for investment property are not in states like Arizona and Nevada in 2013, they are in judicial states like Oklahoma. As I look at the sheriff sale list every two weeks for the greater Oklahoma City area I am seeing a steady stream of foreclosures because in a judicial state like Oklahoma, it takes at least a year to foreclose and usally six months or more to even see it come to market as a foreclosure for sale. This means that in 2013 and 2014 if yo are...

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Related topics : homes for sale in oklahoma state

Oklahoma City real estate investment cash flow vs appreciation buying

http://virtualrealestateteam.com. For the last ten years when i talk to out of state investors about buying Oklahoma City homes for sale they always ask me about what is the appreciation. What I tell them is that plenty of investors lost all their money in 2008 because they bought on appreciation and not positive cash flow. If you want to buy investment real estate in Oklahoma City you should always look first to what is real and has metrics to prove it, cash flow. Appreciation is still...

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Related topics : homes for sale in oklahoma state