Here's What You Need to Know About Investing in Tulsa OK

In this episode, Corbin Marcotte from The Investor's Broker, tells us what we should know about investing in the Tulsa OK market. Learn about the particularities of the market, a real estate agent and seasoned investor. We cover return metrics, the different areas and asset classes, who you are competing with, and what makes Tulsa an investor's market. --- Transcript Before we jump into the episode, here's a quick disclaimer about our content. The remote real estate investor podcast is for informational purposes only, and is not intended as investment advice. The views, opinions and strategies of both the hosts and the guests are their own and should not be considered as guidance from roofstock. Make sure to always run your own numbers, make your own independent decisions and seek investment advice from licensed professionals.   Michael: Hey, everybody, welcome to another episode of the remote real estate investor. I'm Michael Albaum and today I'm joined by my co host, Mark Woodling. And we have a very special guest with us today. Corbin Marcotte with the investors broker is going to be talking to us today about all of the things we as investors should be aware of in the Tulsa Oklahoma market. He is one of our Roofstock certified agent partners out in the Tulsa market. And I am very excited to hear what he's going to share with us about the market as a whole and what investors should be keeping their eyes peeled for as we go into a deep dive in the market. So let's get into it.   Hey, Corbin, thanks so much for taking the time to come hang out with market I today. Really appreciate it. Yeah, absolutely. So you're out in Tulsa, Oklahoma. Right.   Corbin: Correct.   Michael: And we You and I were chatting a little bit before we started recording here about your background. But for those that weren't able to be part of that conversation, would love to get a little bit about your background, what you do in real estate and kind of what your personal the personal side of real estate for you looks like.   Corbin: Right? Absolutely. So I kind of have a interesting story. I started out actually bought my first house when I was 16 years old, and started buying stocks when I was 15 bought my first house when I was 16. And started kind of way you did a me and my brother, we did a flip and turned it into a rental. And then we did another flip and turned it into a rental in this in a town outside of Tulsa claremore which is a really great market. It's a little university town. And we went from there, we kind of split up me and him decided we didn't want to do that anymore. So at that point, I got licensed.   So I was 20 years old when I got licensed and started selling real estate at that point went from Coldwell Banker to Keller Williams. And, you know, I built the sales team through the sales side, all the while I was doing some investing, not super aggressively, but I built the new construction, I did an owner finance deal, a couple things here and there, learned a little bit about wholesaling and things like that. And then I just really focused on the brokerage the sales side, and I grew this team, and I just realized I wasn't having the best time, you know, I was doing traditional sales. It was okay, but I just wasn't in it. And the things I got the most excited about, we're always the investment transactions. I liked analyzing the numbers, I liked seeing value add opportunity, I felt like there was more of a value creation in that area.   And so, at that point, I decided, you know, I'm gonna open my own brokerage, I'm going to name it the investors broker, and I'm going to full niche down working with investors here in the Tulsa area and probably expand out over time, you know, we actually have an office in OKC, as well, but primarily here in Tulsa, just selling investment properties. You know, we've sold them all from large to small, you know, little $25,000 houses up to I did a 46 unit apartment complex not long ago.   S