Webinar for United States investors interested in buying Oklahoma City real estate. This was done the evening of February 24th with primarily investors in California. Oklahoma City continues to be one of the most stable long term real estate investment markets in the US.

1. Welcome to Oklahoma City

2. Oklahoma City is the 9th fastest growing city in the US for metros over 1 million
Oklahoma City is #6 in large metro areas for biggest increase in wages and
salaries, The Atlantic
Oklahoma City unemployment is 3.8%, lowest in the US for metro areas over 1
million
Oklahoma City is No. 3 in office space growth rate-Newmark Grubb
Oklahoma City Information

3. In 2009 only 5.9% of Oklahoma homes had underwater values, lowest in the
US. Nevada was over 70%, the highest for contrast.
In three sales tax issues, Oklahoma City has put or will put almost $3 Billion
in infrastructure spending.
In the last 38 months only 2 months has not shown state record revenue
growth over the previous year.
Real Estate keeps setting records for transactions and volume since 2011.

4. Oklahoma City is #1 City in large metro areas for starting a business,
Kiplinger News
Oklahoma City is #5 City in large metro areas in job creation, Forbes
Oklahoma City is #9 City in large metro areas for most affordable to live,
Forbes
Oklahoma City is one of 3 large metros in the US to post an above 4.5%
increase in GDP.

5. Top Ten Investor Markets for Cash Flow
Rank Metro Area Short-term profit
(monthly)
Short-term profit
(annually)
1 Oklahoma City $536 $6,431
2 Miami-Fort Lauderdale, Fla. $515 $6,184
3 Tulsa, Okla. $396 $4,753
4 Cincinnati $385 $4,621
5 Denver $355 $4,258
6 Rochester, N.Y. $349 $4,182
7 Tampa, Fla. $287 $3,448
8 Dallas-Fort Worth, Tex. $264 $3,166
9 Indianapolis $251 $3,014
10 Memphis, Tenn. $242 $2,901

6. About Me
Selling Investment property since 1989
2011 President Edmond Board of REALTORS®
2011 Edmond REALTOR® of the Year
2014 Oklahoma REALTOR® of the Year

7. 2013 President Oklahoma Association of REALTORS®
2014 Vice Chairman NAR State Leadership Ideas Exchange Council
2015 Chairman NAR State Leadership Ideas Exchange Council
2016 NAR Regional Vice President

8. What about the Oil Business?
The Fraser Institute located in Canada is an independent oil industry analyst
organization and recently released a December 2014 report about 156
different energy jurisdictions in the world and ranked them for investment.
Oklahoma was ranked No. 1.
Oklahoma currently has the lowest decrease in rig count for all oil producing
states in the US at 18%. Part of this is due to replacements for older Series
5 rigs with larger and more economical for drilling Series 7 rigs.

9. The greatest losses for drilling occur in three areas: First is of off shore drilling, the
second is Canadian tar sands, and third is older shale plays because of the
increased cost of extraction.
For the above reasons our four largest independents, Devon, Chesapeake,
Continental, and Sand Ridge have been recalling engineers they don’t want to
lose back to the home offices. Houston and the Midland/Odessa areas have
brought us the most.
The greatest loss of employment in energy is for “landmen” that seek out land for
lease for drilling. In Oklahoma that has mostly been accomplished for our current
plays.

10. In the SCOOP, the South Central Oklahoma Oil Province, the estimated oil
reserves is 70 million barrels. By comparison the Baaken in North Dakota was
estimated at 23 billion barrels. This does not include natural gas.
Conclusion: Yes, it will affect Oklahoma primarily in tax revenue for the lower price
of a barrel of oil being sold. It will affect employment outside of Oklahoma City but
less than 4% of Oklahoma employment is related to energy. It is moving higher
paying energy jobs into the city and our days on market for lease properties has
not gone up, it has stayed consistent, so again Oklahoma City is remarkable for its
stability.

11. Tinker AFB expansion
The Air Force has just purchased 158 acres at Tinker AFB for the new KC-
46A Pegasus Transport that replaces the KC-135. This will be the major
repair depot for this plane. The Air Force paid $8 million of the $36 million
land deal and the rest was paid by Oklahoma County and Oklahoma City.
The build out will be in excess of $500 million and will employ 1321 private
contractors bringing more high paying jobs into Oklahoma City, with the
addition of 350 construction jobs.

12. Tinker AFB is the largest Air Material Base in the world and is also with one other
base for all parts supplied to all foreign Air Forces. Tinker including off base
companies like Boeing have employed over 45,000 people. Tinker is located in the
Oklahoma City school system, and Choctaw and Moore are the two closest
suburban school systems to the base and will benefit the most from the new jobs.
In the past 4 years Boeing alone has transferred 550 engineers from California,
half the workforce located in Wichita Kansas, and in the last year transferred over
450 people from Washington State.

13. Why you should buy in Oklahoma City
Oklahoma City is a linear market where we stay away from high highs and
low lows so a great appeal for conservative investors.
Vacancy rate has been running from 1% to 3% because we obey the laws
of supply and demand.

14. Oklahoma City is on the onset of housing diversification so for us duplexes and
town homes are a new category.
The large corporate investors have focused on the bubble markets like Florida,
Georgia, Arizona, and Nevada.
I have 25 years experience in investment real estate, extensive training, a great
team, and outstanding property management.

15. We want to give you investments that allow you to sleep at nights, truly
passive income so you have more time for primary work, family, and
recreation.
We focus on new construction with long term warranties, no need for
rehab, and you get them at discount prices.
We have worked diligently to build the most comprehensive team of
specialist to maximize your future wealth.

16. Mustang Home for Sale
Plan SF Home List Seminar Price
West Village 1406 4.2.2 $140,000 $129,900
Mustang Home 20% Down 4.625%
Plan Mortgage Payment Rent Cash Flow
West Village $104,000 $813 $1150 $355
*cash flow is figured at minimum rent and property management fee included in the payment

17. West Village

18. MLB Homes for Sale
School Plan Size SF Home Price Cash F
Choctaw King 1583 4/2/2 $159,900 $378-478
Choctaw Bailey 1750 4/2/2 $169,900 $390-490
Deer Creek King 1583 4/2/2 $169,900 $406-506
Deer Creek Bailey 1750 4/2/2 $181,900 $440-540

19. MLB Homes Ready in June/July
Cash flow figured at 4.50%, 20% down loans, HOA dues and property
management fees are figured in.
All homes come with Granite counters, Stainless Steel Appliances, 2-inch
blinds, 6 foot wood privacy fence, and garage door opener.

20. Council Ridge is starting Phase Two with the addition of ponds, clubhouse,
and neighbourhood pool. It is located in the Number One school district in
the state and this year we have rented every home before the investor
closed.
Council Ridge
Mill Creek
Mill Creek is in Choctaw Schools but is the closest suburban school system
to Tinker AFBO. We have Eight lots left for investors starting at $159,900 for
the homes.

21. Timbercraft Homes Ready in June/July
School Plan Size SF Home Price Cash F
Moore Durango 1353 3/2/2 $142,500 $325-425
Moore Windsor 1568 4/2/2 $156,500 $450-550
Moore Durango + 1400 3/2/2 $146,500 $441-541

22. Savannah Lakes has an average home price of $235,000 but our new
homes can start as low as $169,900. The neighbourhood has ponds,
playgrounds, pool, and clubhouse and is close to the City of Mustang’s
main recreational area.
Please get on an ICG mailing list and in the next few weeks we will be
sending details on the homes and prices for each neighborhood.
Savannah Lakes in Mustang

23. MLB Elevations

24. Size Details Price Payment Rent Cash Flow
3100SF 3/2.5/2 $313,100 $2002 $3000 $990-1190
3383SF 3/2.5/2 $341,683 $2068 $3200 $1007-1207
3950SF 4/2/2.5 $398,950 $2453 $3600 $1074-1274
SE Edmond Oklahoma Duplexes

25. Edmond Oklahoma Duplexes
Payment was figured at 4.625% interest rate with 20% down.
There will be a total of 20 duplexes in two locations. 8 lots are available to
start right now.
SE Edmond has few rentals of newer homes and average home price is
$450,000.
Two duplexes at 1574SF are getting $1600 in rent per side

26. Completed Edmond Duplexes

27. Getting In Touch
Please contact me at Joe@JoePryor.com or call/text to 405-590-2135 for
any further information.
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