Oklahoma Real Estate Models
Check out how Oklahoma does for these scenarios.
5% Lower Rents While Nomading™
Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except you are only able to get 5% lower rents.
Net Worth at 40 Years
- Broken Arrow = $5.81M
- Norman = $4.89M
- Oklahoma City = $18.82M
- Tulsa = $9.35M
Month First Achieved Financial Independence
- Broken Arrow = 44.00 Years (528 Months)
- Norman = 49.00 Years (588 Months)
- Oklahoma City = 13.17 Years (158 Months)
- Tulsa = 31.00 Years (372 Months)
10% Property Price Premium While Nomading™
Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except forced to buy properties at a 10% premium.
Net Worth at 40 Years
- Broken Arrow = $5.33M
- Norman = $4.55M
- Oklahoma City = $19.36M
- Tulsa = $8.01M
Month First Achieved Financial Independence
- Broken Arrow = 43.92 Years (527 Months)
- Norman = 48.00 Years (576 Months)
- Oklahoma City = 13.92 Years (167 Months)
- Tulsa = 32.17 Years (386 Months)
5% Higher Rents While Nomading™
Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except you are able to get 5% higher rents.
Net Worth at 40 Years
- Broken Arrow = $7.90M
- Norman = $6.65M
- Oklahoma City = $21.81M
- Tulsa = $13.15M
Month First Achieved Financial Independence
- Broken Arrow = 37.00 Years (444 Months)
- Norman = 42.00 Years (504 Months)
- Oklahoma City = 10.08 Years (121 Months)
- Tulsa = 22.00 Years (264 Months)
Nomad to Short-Term Rentals with 75% Higher Rents
Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except you utilize a short-term rental strategy after moving out and are able to get 75% higher rents but with doubled maintenance expenses as well.
Net Worth at 40 Years
- Broken Arrow = $27.91M
- Norman = $23.63M
- Oklahoma City = $44.41M
- Tulsa = $28.71M
Month First Achieved Financial Independence
- Broken Arrow = 10.50 Years (126 Months)
- Norman = 12.33 Years (148 Months)
- Oklahoma City = 6.00 Years (72 Months)
- Tulsa = 8.17 Years (98 Months)
.5 Worse Interest Rate While Nomading™
Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except able to buy properties with a .5 worse/higher mortgage interest rate.
Net Worth at 40 Years
- Broken Arrow = $5.33M
- Norman = $4.55M
- Oklahoma City = $19.36M
- Tulsa = $8.01M
Month First Achieved Financial Independence
- Broken Arrow = 43.92 Years (527 Months)
- Norman = 48.00 Years (576 Months)
- Oklahoma City = 13.92 Years (167 Months)
- Tulsa = 32.17 Years (386 Months)
Nomad to Short-Term Rentals with 50% Higher Rents
Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except you utilize a short-term rental strategy after moving out and are able to get 50% higher rents but with doubled maintenance expenses as well.
Net Worth at 40 Years
- Broken Arrow = $21.41M
- Norman = $17.66M
- Oklahoma City = $34.86M
- Tulsa = $21.76M
Month First Achieved Financial Independence
- Broken Arrow = 15.00 Years (180 Months)
- Norman = 20.00 Years (240 Months)
- Oklahoma City = 7.25 Years (87 Months)
- Tulsa = 10.25 Years (123 Months)
10% More Job Income While Nomading™
Buy up to 10 owner-occupant properties using the Nomad™ real estate investing strategy but model it with the investor earning 10% more income than in the Baseline Nomad™ Scenario.
Net Worth at 40 Years
- Broken Arrow = $9.30M
- Norman = $7.91M
- Oklahoma City = $22.81M
- Tulsa = $13.66M
Month First Achieved Financial Independence
- Broken Arrow = 37.25 Years (447 Months)
- Norman = 41.33 Years (496 Months)
- Oklahoma City = 12.00 Years (144 Months)
- Tulsa = 24.92 Years (299 Months)
5% Property Price Premium While Nomading™
Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except forced to buy properties at a 5% premium.
Net Worth at 40 Years
- Broken Arrow = $5.89M
- Norman = $5.02M
- Oklahoma City = $19.97M
- Tulsa = $9.62M
Month First Achieved Financial Independence
- Broken Arrow = 42.08 Years (505 Months)
- Norman = 47.17 Years (566 Months)
- Oklahoma City = 12.58 Years (151 Months)
- Tulsa = 30.00 Years (360 Months)
25% Down Payment Non-Owner-Occupant
Buy 1 owner-occupant property with 5% down then up to 9 non-owner-occupant properties with 25% down payments.
Net Worth at 40 Years
- Broken Arrow = $8.43M
- Norman = $6.52M
- Oklahoma City = $19.30M
- Tulsa = $11.39M
Month First Achieved Financial Independence
- Broken Arrow = 37.00 Years (444 Months)
- Norman = 42.75 Years (513 Months)
- Oklahoma City = 11.67 Years (140 Months)
- Tulsa = 24.25 Years (291 Months)
.25 Better Interest Rate While Nomading™
Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except able to buy properties with a .25 better/lower mortgage interest rate.
Net Worth at 40 Years
- Broken Arrow = $7.24M
- Norman = $5.87M
- Oklahoma City = $20.95M
- Tulsa = $11.90M
Month First Achieved Financial Independence
- Broken Arrow = 38.67 Years (464 Months)
- Norman = 45.33 Years (544 Months)
- Oklahoma City = 11.00 Years (132 Months)
- Tulsa = 24.50 Years (294 Months)
10% Higher Rents While Nomading™
Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except you are able to get 10% higher rents.
Net Worth at 40 Years
- Broken Arrow = $9.24M
- Norman = $7.75M
- Oklahoma City = $23.16M
- Tulsa = $15.05M
Month First Achieved Financial Independence
- Broken Arrow = 33.00 Years (396 Months)
- Norman = 39.00 Years (468 Months)
- Oklahoma City = 9.17 Years (110 Months)
- Tulsa = 18.00 Years (216 Months)
10% Property Price Discount While Nomading™
Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except able to buy properties at a 10% discount.
Net Worth at 40 Years
- Broken Arrow = $9.39M
- Norman = $7.73M
- Oklahoma City = $21.69M
- Tulsa = $14.30M
Month First Achieved Financial Independence
- Broken Arrow = 34.67 Years (416 Months)
- Norman = 40.00 Years (480 Months)
- Oklahoma City = 10.00 Years (120 Months)
- Tulsa = 20.00 Years (240 Months)
Nomad™ and Sell ALL Rentals if SWR Achieves FI
Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except sell all the rental properties if by doing so you can invest the proceeds and achieve financial independence utilizing a Safe Withdrawal Rate of the money you have invested.
Net Worth at 40 Years
- Broken Arrow = $6.03M
- Norman = $5.64M
- Oklahoma City = $20.59M
- Tulsa = $11.02M
Month First Achieved Financial Independence
- Broken Arrow = 39.42 Years (473 Months)
- Norman = 43.33 Years (520 Months)
- Oklahoma City = 11.33 Years (136 Months)
- Tulsa = 26.25 Years (315 Months)
10% Less Job Income While Nomading™
Buy up to 10 owner-occupant properties using the Nomad™ real estate investing strategy but model it with the investor earning 10% less income than in the Baseline Nomad™ Scenario.
Net Worth at 40 Years
- Broken Arrow = $4.08M
- Norman = $3.38M
- Oklahoma City = $19.28M
- Tulsa = $8.71M
Month First Achieved Financial Independence
- Broken Arrow = 46.83 Years (562 Months)
- Norman = 51.92 Years (623 Months)
- Oklahoma City = 13.00 Years (156 Months)
- Tulsa = 31.00 Years (372 Months)
Nomad to Short-Term Rentals with 25% Higher Rents
Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except you utilize a short-term rental strategy after moving out and are able to get 25% higher rents but with doubled maintenance expenses as well.
Net Worth at 40 Years
- Broken Arrow = $13.28M
- Norman = $10.10M
- Oklahoma City = $25.35M
- Tulsa = $15.98M
Month First Achieved Financial Independence
- Broken Arrow = 28.00 Years (336 Months)
- Norman = 33.58 Years (403 Months)
- Oklahoma City = 9.17 Years (110 Months)
- Tulsa = 17.00 Years (204 Months)
Baseline Nomad™ Scenario
Buy up to 10 owner-occupant properties using the Nomad™ real estate investing strategy.
Net Worth at 40 Years
- Broken Arrow = $6.92M
- Norman = $5.64M
- Oklahoma City = $20.59M
- Tulsa = $11.02M
Month First Achieved Financial Independence
- Broken Arrow = 40.00 Years (480 Months)
- Norman = 45.83 Years (550 Months)
- Oklahoma City = 11.33 Years (136 Months)
- Tulsa = 26.25 Years (315 Months)
10% Property Manager While Nomading™
Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except hire a professional property manager costing 10% of gross rents.
Net Worth at 40 Years
- Broken Arrow = $5.75M
- Norman = $4.75M
- Oklahoma City = $17.20M
- Tulsa = $8.19M
Month First Achieved Financial Independence
- Broken Arrow = 45.58 Years (547 Months)
- Norman = 51.17 Years (614 Months)
- Oklahoma City = 16.00 Years (192 Months)
- Tulsa = 34.00 Years (408 Months)
Nomad™ and Payoff OO if Achieves FI
Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except payoff your owner-occupant property if by doing so that means you achieve financial independence.
Net Worth at 40 Years
- Broken Arrow = $6.45M
- Norman = $5.57M
- Oklahoma City = $20.59M
- Tulsa = $11.02M
Month First Achieved Financial Independence
- Broken Arrow = 35.92 Years (431 Months)
- Norman = 39.42 Years (473 Months)
- Oklahoma City = 11.33 Years (136 Months)
- Tulsa = 26.25 Years (315 Months)
3% Property Price Discount While Nomading™ as Real Estate Agent
Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except as a real estate agent you take your 3% commission as a discount off the purchase price.
Net Worth at 40 Years
- Broken Arrow = $7.47M
- Norman = $6.15M
- Oklahoma City = $21.12M
- Tulsa = $12.01M
Month First Achieved Financial Independence
- Broken Arrow = 38.00 Years (456 Months)
- Norman = 44.42 Years (533 Months)
- Oklahoma City = 11.00 Years (132 Months)
- Tulsa = 24.08 Years (289 Months)
Buy Non-Owner-Occupant All Cash As Renter
Save up and buy up to 10 non-owner-occupant properties all cash (without any mortgage) while you remain a renter the entire time.
Net Worth at 40 Years
- Broken Arrow = $5.11M
- Norman = $4.62M
- Oklahoma City = $10.63M
- Tulsa = $6.62M
Month First Achieved Financial Independence
- Broken Arrow = 38.92 Years (467 Months)
- Norman = 43.00 Years (516 Months)
- Oklahoma City = 23.08 Years (277 Months)
- Tulsa = 29.00 Years (348 Months)
Buy Non-Owner-Occupant All Cash
Buy 1 owner-occupant property with 5% down then save up and buy up to 9 non-owner-occupant properties all cash (without any mortgage).
Net Worth at 40 Years
- Broken Arrow = $5.80M
- Norman = $5.34M
- Oklahoma City = $12.83M
- Tulsa = $7.68M
Month First Achieved Financial Independence
- Broken Arrow = 33.25 Years (399 Months)
- Norman = 37.50 Years (450 Months)
- Oklahoma City = 18.17 Years (218 Months)
- Tulsa = 26.00 Years (312 Months)
5% Property Price Discount While Nomading™
Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except able to buy properties at a 5% discount.
Net Worth at 40 Years
- Broken Arrow = $7.89M
- Norman = $6.54M
- Oklahoma City = $21.51M
- Tulsa = $12.90M
Month First Achieved Financial Independence
- Broken Arrow = 38.00 Years (456 Months)
- Norman = 42.75 Years (513 Months)
- Oklahoma City = 10.92 Years (131 Months)
- Tulsa = 22.25 Years (267 Months)
3% Commission While Nomading™ as Real Estate Agent
Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except as a real estate agent you earn a 3% commission with each property you purchase.
Net Worth at 40 Years
- Broken Arrow = $7.04M
- Norman = $5.93M
- Oklahoma City = $21.10M
- Tulsa = $11.45M
Month First Achieved Financial Independence
- Broken Arrow = 38.33 Years (460 Months)
- Norman = 44.75 Years (537 Months)
- Oklahoma City = 11.08 Years (133 Months)
- Tulsa = 26.00 Years (312 Months)
Nomad™ Start with $0
Do the traditional Nomad™ strategy except you start with $0 saved up.
Net Worth at 40 Years
- Broken Arrow = $6.44M
- Norman = $5.33M
- Oklahoma City = $19.61M
- Tulsa = $10.85M
Month First Achieved Financial Independence
- Broken Arrow = 41.58 Years (499 Months)
- Norman = 46.83 Years (562 Months)
- Oklahoma City = 12.42 Years (149 Months)
- Tulsa = 27.00 Years (324 Months)
.5 Better Interest Rate While Nomading™
Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except able to buy properties with a .5 better/lower mortgage interest rate.
Net Worth at 40 Years
- Broken Arrow = $7.61M
- Norman = $6.41M
- Oklahoma City = $21.44M
- Tulsa = $12.44M
Month First Achieved Financial Independence
- Broken Arrow = 39.00 Years (468 Months)
- Norman = 42.75 Years (513 Months)
- Oklahoma City = 11.00 Years (132 Months)
- Tulsa = 23.00 Years (276 Months)
Nomad™ and Sell SOME Rentals to Payoff Others if FI
Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except sell some rental properties if by doing so you can payoff the others and achieve financial independence primarily from free and clear cash flow.
Net Worth at 40 Years
- Broken Arrow = $6.68M
- Norman = $5.71M
- Oklahoma City = $20.59M
- Tulsa = $8.82M
Month First Achieved Financial Independence
- Broken Arrow = 33.83 Years (406 Months)
- Norman = 38.75 Years (465 Months)
- Oklahoma City = 11.33 Years (136 Months)
- Tulsa = 21.25 Years (255 Months)
.25 Worse Interest Rate While Nomading™
Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except able to buy properties with a .25 worse/higher mortgage interest rate.
Net Worth at 40 Years
- Broken Arrow = $6.45M
- Norman = $5.36M
- Oklahoma City = $20.35M
- Tulsa = $10.45M
Month First Achieved Financial Independence
- Broken Arrow = 40.67 Years (488 Months)
- Norman = 47.00 Years (564 Months)
- Oklahoma City = 12.00 Years (144 Months)
- Tulsa = 28.00 Years (336 Months)
20% Down Payment Non-Owner-Occupant
Buy 1 owner-occupant property with 5% down then up to 9 non-owner-occupant properties with 20% down payments.
Net Worth at 40 Years
- Broken Arrow = $8.01M
- Norman = $6.22M
- Oklahoma City = $20.00M
- Tulsa = $11.61M
Month First Achieved Financial Independence
- Broken Arrow = 38.00 Years (456 Months)
- Norman = 44.08 Years (529 Months)
- Oklahoma City = 11.08 Years (133 Months)
- Tulsa = 25.00 Years (300 Months)
10% Lower Rents While Nomading™
Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except you are only able to get 10% lower rents.
Net Worth at 40 Years
- Broken Arrow = $5.07M
- Norman = $4.25M
- Oklahoma City = $17.14M
- Tulsa = $7.79M
Month First Achieved Financial Independence
- Broken Arrow = 46.58 Years (559 Months)
- Norman = 53.33 Years (640 Months)
- Oklahoma City = 15.58 Years (187 Months)
- Tulsa = 34.58 Years (415 Months)
No Real Estate, Invest in Stocks
Save up and invest in stocks while you remain a renter the entire time. Do not buy any real estate... owner-occupant or investment.
Net Worth at 40 Years
- Broken Arrow = $3.90M
- Norman = $3.89M
- Oklahoma City = $3.85M
- Tulsa = $3.84M
Month First Achieved Financial Independence
- Broken Arrow = 48.92 Years (587 Months)
- Norman = 49.00 Years (588 Months)
- Oklahoma City = 45.17 Years (542 Months)
- Tulsa = 45.17 Years (542 Months)
25% Down Payment Non-Owner-Occupant as Renter
Buy up to 10 non-owner-occupant properties with 25% down payments, but never buy an owner-occupant property. Remain a renter instead.
Net Worth at 40 Years
- Broken Arrow = $6.83M
- Norman = $5.36M
- Oklahoma City = $20.77M
- Tulsa = $11.25M
Month First Achieved Financial Independence
- Broken Arrow = 42.00 Years (504 Months)
- Norman = 48.00 Years (576 Months)
- Oklahoma City = 13.58 Years (163 Months)
- Tulsa = 25.33 Years (304 Months)
Pay off mortgages early when Nomading™ with any excess cash.
Do the traditional Nomad™ strategy except you pay off the lowest balance mortgage early with any excess cash.
Net Worth at 40 Years
- Broken Arrow = $6.82M
- Norman = $5.76M
- Oklahoma City = $20.30M
- Tulsa = $10.48M
Month First Achieved Financial Independence
- Broken Arrow = 34.42 Years (413 Months)
- Norman = 39.00 Years (468 Months)
- Oklahoma City = 11.17 Years (134 Months)
- Tulsa = 21.33 Years (256 Months)
Pay off mortgages in full early when Nomading™.
Do the traditional Nomad™ strategy except you pay off the lowest balance mortgage early but only when you can pay off the entire balance in full.
Net Worth at 40 Years
- Broken Arrow = $7.29M
- Norman = $5.93M
- Oklahoma City = $20.24M
- Tulsa = $10.48M
Month First Achieved Financial Independence
- Broken Arrow = 35.33 Years (424 Months)
- Norman = 40.42 Years (485 Months)
- Oklahoma City = 11.00 Years (132 Months)
- Tulsa = 21.25 Years (255 Months)
20% Down Payment Non-Owner-Occupant as Renter
Buy up to 10 non-owner-occupant properties with 20% down payments, but never buy an owner-occupant property. Remain a renter instead.
Net Worth at 40 Years
- Broken Arrow = $5.94M
- Norman = $4.96M
- Oklahoma City = $21.70M
- Tulsa = $11.52M
Month First Achieved Financial Independence
- Broken Arrow = 44.00 Years (528 Months)
- Norman = 50.00 Years (600 Months)
- Oklahoma City = 12.83 Years (154 Months)
- Tulsa = 26.00 Years (312 Months)
More Model Comparisons for Oklahoma
The following are the various scenarios we ran summarized with Oklahoma cities highlighted.
- Is it better to put 20% down or 25% down when buying rentals? - First, we buy an owner-occupant property with 5% down then we start buying rental properties. Should we put 20% down for buying the rentals or 25% down. See how putting 20% down or 25% down does as we model it across the US in over 300 cities.
- Is it better to put 20% down or 25% down when buying rentals when you don't buy an owner-occupant property first? - We start buying rental properties immediately... even before we buy an owner-occupant property. Should we put 20% down for buying the rentals or 25% down. See how putting 20% down or 25% down does as we model it across the US in over 300 cities.
- Is it better to put 20% down and buy rental properties or Nomad™ with 5% down to acquire 10 rentals? - Will you be able to be financially independent faster and with less risk if you buy just an owner-occupant property with 5% down then buy up to 9 more rentals by saving up 20% down payment for each one, or is it better to acquire 10 properties by putting 5% down for each one using the Nomad™ strategy.
- When Nomading™ should you consider selling ALL your rentals if it means you'd be able to invest in stocks, bonds or something else and live off these investments using a Safe Withdrawal Rate instead of the cash flow from rentals? - You could acquire a portfolio of rentals utilizing the Nomad™ real estate investing strategy and wait for the cash flow to be great enough for you to be able to achieve financial independence from the cash flow. But, what about the equity in your properties? Would it be better for you to sell off all the rentals and take the net proceeds after all the expenses and invest that in something else. Then, live off these other investments using a Safe Withdrawal Rate?
- Is it better to put 25% down and buy rental properties or Nomad™ with 5% down to acquire 10 rentals? - Will you be able to be financially independent faster and with less risk if you buy just an owner-occupant property with 5% down then buy up to 9 more rentals by saving up 25% down payment for each one, or is it better to acquire 10 properties by putting 5% down for each one using the Nomad™ strategy. 25% down has a slighter better interest rate than 20% down.
- Is it better to buy 20% down rentals or invest in stocks? - See how buying 20% down rentals does compared to buying no real estate and only investing in stocks as we model it across the US in over 300 cities.
- Is it better to buy 25% down rentals or invest in stocks? - See how buying 25% down rentals does compared to buying no real estate and only investing in stocks as we model it across the US in over 300 cities.
- Is it better to use the Nomad™ strategy to acquire rental properties or invest in stocks? - See how buying properties as an owner-occupant with 5% down then converting them to rentals after living there for at least a year does compared to buying no real estate and only investing in stocks as we model it across the US in over 300 cities.
- Is it better to use the Nomad™ strategy to acquire rental properties or buy a single owner-occupant with 5% down then buy up to 9 rentals all cash? - See how buying properties as an owner-occupant with 5% down then converting them to rentals after living there for at least a year does compared to buying just one owner-occupant with 5% down then buying up to 9 rentals all cash as we model it across the US in over 300 cities.
- Is it better to use the Nomad™ strategy to acquire rental properties or buy up to 10 rentals all cash? - See how buying properties as an owner-occupant with 5% down then converting them to rentals after living there for at least a year does compared to buying up to 10 rentals all cash as we model it across the US in over 300 cities.
- Is it better to buy rentals with 20% down or all cash after buying a single owner-occupant property with 5% down first? - See how buying rental properties with 20% down compares to buying rentals for all cash after, in both cases, buying a single owner-occupant property with 5% down first as we model it across the US in over 300 cities.
- Is it better to buy rentals with 25% down or all cash after buying a single owner-occupant property with 5% down first? - See how buying rental properties with 25% down compares to buying rentals for all cash after, in both cases, buying a single owner-occupant property with 5% down first as we model it across the US in over 300 cities.
- Is it better to pay off rentals when Nomading™ early with extra cash flow or only pay them off in full? - When you're Nomading™, should you pay off mortgages early? Specifically, is it better to take any excess cash and pay off rentals early with any excess cash you have or wait until you've saved up enough where you pay off the mortgage in full and keep the excess money in the stock market while you're waiting. See which is better as we model it across the US in over 300 cities.
- Is it better to pay off rentals early with extra cash flow or traditional Nomad™? - Is it better to pay off mortgages early? Should you do traditional Nomad™ or pay off your Nomad™ properties early with extra flow? See which is better as we model it across the US in over 300 cities.
- Is it better to pay off rentals in full early or traditional Nomad™? - Is it better to pay off mortgages early? Should you do traditional Nomad™ or pay off your Nomad™ properties in full early? You keep your money invested in the stock market until you have enough to pay off the lowest balance mortgage. See which is better as we model it across the US in over 300 cities.
- Is it better to pay off your owner-occupant mortgage when Nomading™? - Is it better to pay off your owner-occupant mortgage when Nomading™ if that means you're financially independent? Or, should you just do traditional Nomad™ without paying off your owner-occupant property early? See which is better as we model it across the US in over 300 cities.
- Is it better to buy an owner-occupant property for 5% down when otherwise buying 20% down payment rentals or keep renting instead? - When you're buying 20% down payment rentals, should you first buy an owner-occupant property for 5% down? Or, should you remain a renter yourself? See which is better as we model it across the US in over 300 cities.
- Is it better to buy an owner-occupant property for 5% down when otherwise buying 25% down payment rentals or keep renting instead? - When you're buying 25% down payment rentals, should you first buy an owner-occupant property for 5% down? Or, should you remain a renter yourself? See which is better as we model it across the US in over 300 cities.
Specific Strategy Summaries for Oklahoma Cities
The following are the various scenarios we ran summarized with Oklahoma cities highlighted.
Check out how these reports summarizing how a particular strategy performed across all states:
- 5% Lower Rents While Nomading™ - Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except you are only able to get 5% lower rents.
- 10% Property Price Premium While Nomading™ - Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except forced to buy properties at a 10% premium.
- 5% Higher Rents While Nomading™ - Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except you are able to get 5% higher rents.
- Nomad to Short-Term Rentals with 75% Higher Rents - Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except you utilize a short-term rental strategy after moving out and are able to get 75% higher rents but with doubled maintenance expenses as well.
- .5 Worse Interest Rate While Nomading™ - Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except able to buy properties with a .5 worse/higher mortgage interest rate.
- Nomad to Short-Term Rentals with 50% Higher Rents - Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except you utilize a short-term rental strategy after moving out and are able to get 50% higher rents but with doubled maintenance expenses as well.
- 10% More Job Income While Nomading™ - Buy up to 10 owner-occupant properties using the Nomad™ real estate investing strategy but model it with the investor earning 10% more income than in the Baseline Nomad™ Scenario.
- 5% Property Price Premium While Nomading™ - Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except forced to buy properties at a 5% premium.
- 25% Down Payment Non-Owner-Occupant - Buy 1 owner-occupant property with 5% down then up to 9 non-owner-occupant properties with 25% down payments.
- .25 Better Interest Rate While Nomading™ - Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except able to buy properties with a .25 better/lower mortgage interest rate.
- 10% Higher Rents While Nomading™ - Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except you are able to get 10% higher rents.
- 10% Property Price Discount While Nomading™ - Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except able to buy properties at a 10% discount.
- Nomad™ and Sell ALL Rentals if SWR Achieves FI - Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except sell all the rental properties if by doing so you can invest the proceeds and achieve financial independence utilizing a Safe Withdrawal Rate of the money you have invested.
- 10% Less Job Income While Nomading™ - Buy up to 10 owner-occupant properties using the Nomad™ real estate investing strategy but model it with the investor earning 10% less income than in the Baseline Nomad™ Scenario.
- Nomad to Short-Term Rentals with 25% Higher Rents - Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except you utilize a short-term rental strategy after moving out and are able to get 25% higher rents but with doubled maintenance expenses as well.
- Baseline Nomad™ Scenario - Buy up to 10 owner-occupant properties using the Nomad™ real estate investing strategy.
- 10% Property Manager While Nomading™ - Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except hire a professional property manager costing 10% of gross rents.
- Nomad™ and Payoff OO if Achieves FI - Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except payoff your owner-occupant property if by doing so that means you achieve financial independence.
- 3% Property Price Discount While Nomading™ as Real Estate Agent - Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except as a real estate agent you take your 3% commission as a discount off the purchase price.
- Buy Non-Owner-Occupant All Cash As Renter - Save up and buy up to 10 non-owner-occupant properties all cash (without any mortgage) while you remain a renter the entire time.
- Buy Non-Owner-Occupant All Cash - Buy 1 owner-occupant property with 5% down then save up and buy up to 9 non-owner-occupant properties all cash (without any mortgage).
- 5% Property Price Discount While Nomading™ - Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except able to buy properties at a 5% discount.
- 3% Commission While Nomading™ as Real Estate Agent - Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except as a real estate agent you earn a 3% commission with each property you purchase.
- Nomad™ Start with $0 - Do the traditional Nomad™ strategy except you start with $0 saved up.
- .5 Better Interest Rate While Nomading™ - Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except able to buy properties with a .5 better/lower mortgage interest rate.
- Nomad™ and Sell SOME Rentals to Payoff Others if FI - Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except sell some rental properties if by doing so you can payoff the others and achieve financial independence primarily from free and clear cash flow.
- .25 Worse Interest Rate While Nomading™ - Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except able to buy properties with a .25 worse/higher mortgage interest rate.
- 20% Down Payment Non-Owner-Occupant - Buy 1 owner-occupant property with 5% down then up to 9 non-owner-occupant properties with 20% down payments.
- 10% Lower Rents While Nomading™ - Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except you are only able to get 10% lower rents.
- No Real Estate, Invest in Stocks - Save up and invest in stocks while you remain a renter the entire time. Do not buy any real estate... owner-occupant or investment.
- 25% Down Payment Non-Owner-Occupant as Renter - Buy up to 10 non-owner-occupant properties with 25% down payments, but never buy an owner-occupant property. Remain a renter instead.
- Pay off mortgages early when Nomading™ with any excess cash. - Do the traditional Nomad™ strategy except you pay off the lowest balance mortgage early with any excess cash.
- Pay off mortgages in full early when Nomading™. - Do the traditional Nomad™ strategy except you pay off the lowest balance mortgage early but only when you can pay off the entire balance in full.
- 20% Down Payment Non-Owner-Occupant as Renter - Buy up to 10 non-owner-occupant properties with 20% down payments, but never buy an owner-occupant property. Remain a renter instead.
Detailed Oklahoma City-Specific Modeling
Check out the detailed modeling for these Oklahoma cities.
Broken Arrow
Norman
Oklahoma City
Tulsa