joe pryor december icg 1080 p updated

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Welcome to Oklahoma City

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Page 1: Joe pryor   december icg 1080 p updated

Welcome to Oklahoma City

Page 2: Joe pryor   december icg 1080 p updated

Oklahoma City is the 7th 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

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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.

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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.

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Top Ten Investor Markets for Cash FlowRank 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

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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

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2013 President Oklahoma Association of REALTORS®

2013 Vice Chairman NAR State Leadership Ideas Exchange Council

2014 Chairman NAR State Leadership Ideas Exchange Council

2016 NAR Regional Vice President

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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.

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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.

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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.

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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 $108,000 $813 $1150 $337

*cash flow is figured at minimum rent and property management fee included in the payment

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West Village

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MLB Homes Ready in May

School Plan Size SF Home Sale Price Cash Flow

Yukon Ashland 1494 3/2/2 $153,612 $240-340

Yukon Joseph 1501 3/2/2 $156,665 $246-346

Yukon Charlene 1552 4/2/2 $158,665 $280-380

Yukon Benjamin 1579 3/2/2 $160,790 $271-371

Yukon Cameron 1603 4/2/2 $164,900 $311-411

Choctaw Marsha 1802 4/2/2 $169,900 $369-469

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MLB Homes Ready in May

Cash flow figured at 4.625%, 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.

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Yukon Rented Oklahoma Homes For Sale

Plan SF Home List Rented Until

P1387 1387 3.2.2 $142,860 7/1/2015

P1453 1453 4.2.2 $149,659 8/1/2015

P1531 1531 4.2.2 $157,690 1/1/2015

P1745 Sold 1745 4.2.2 $179,000 2/28/2016

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Yukon Homes 20% down cash flow at 4.625%

Plan Mortgage Payment Rent Cash Flow

P1387 $114,250 $944 $1250 $306

P1453 $119,900 $985 $1300 $315

P1531 $126,150 $1028 $1400 $372

P1745 $143,200 $1177 $1600 $423

*cash flow is figured at current rent and property management fee included in the payment

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Yukon Elevations

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30 Investor Homes to be built by MLB Construction

Starting in January we will have homes starting construction ready for the spring season where rents are very strong. We will be building rent ready homes from $153,612 to $215,000 in the following areas and neighbourhoods.

Shire Lea in YukonShire Lea is located on the west in of Yukon and only 10 miles from an area where companies like Halliburton adding high paid energy employees. Halliburton just added 800 service jobs in the last few months.

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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

Meadow Lakes in YukonMeadow Lakes is in Yukon Schools but is the closest neighborhood to Oklahoma City proper. We have ten lots left for investors starting at $153,612 for the homes.

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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

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MLB Elevations

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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

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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

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Completed Edmond Duplexes

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Getting In Touch

Please contact me at [email protected] or call/text to 405-590-2135 for any further information.

To access this slide online at your own convenience, please visit www.slideshare.com/joepryor