16 Unit Apartment Complex – Listed and Sold in a week!
Looking to Sell your Investment Property?
Look no further than Karyn at Key Realty and Property Management.
Whether you are Buying or Selling Investment Property here in the Oklahoma City Metro, you can rely on Karyn and her Team for top guidance and professionalism throughout the transaction process. Karyn is a seasoned Investor herself having owned and managed hundreds of apartments and homes in the metro over the past 20+ years.
Don’t delay, make the call today.
Karyn Seabrooke Key Realty and Property Management 405-605-6445
Oklahoma City ranks #1
Best Large Cities to Start a Business – Oklahoma City ranks #1
Americans are born with an entrepreneurial streak. It’s in our DNA. From the Gold Rush to the Industrial Revolution to the Internet Age, intense periods of innovation have molded our economy and sparked important societal advancements.
Today, more than 15 million people in the U.S., or about 10 percent of the labor force, work for themselves. And there is always room in the market for new ideas, products, services and multi-million-dollar success stories — if one knows where to look.
In order to help aspiring entrepreneurs — from restaurant owners to high-tech movers and shakers — maximize their chances for long-term prosperity, WalletHub compared the relative startup opportunities that exist in more than 180 U.S. cities. We did so using 19 key metrics, ranging from five-year business-survival rate to office-space affordability. Check out our findings, additional expert commentary and a detailed methodology below.
For a breakdown of smaller markets, check out WalletHub’s Best Small Cities to Start a Business ranking.
Call us today for your Real Estate Investment Property.
Key Realty and Property Management 405-605-6445
5 STAR Reviews found on Zillow
Karyn Seabrooke with Key Realty and Property Management
***** Highly likely to recommend
03/23/2018 – boz43
Local knowledge: *****
Process expertise: *****
Negotiation skills: *****
I met Karyn some 25 years ago but don’t live in Oklahoma. I decided to expand in to Oklahoma for some rentals & gave her a call. After a few questions of (Real Estate Investment) what we wanted to invest in, she set up a day of viewings to which I put out 4 contracts & ended up w/ one. Within 15 days of closing she had a tenant moving in… BOOM!!!
When you do something you like for 20, 30 or even 40 years, you get good, sometimes REALLY good! Karyn & Key reality are REALLY good! Her 14 yrs experience is just w/ Key, She has been in the industry a lot longer & her knowledge shows!!! I can’t wait for her to find us another property.
Fall Special – List and Sell Your Home on the MLS Only 4 % Commission
That’s right folks, this Fall we are giving all Home Sellers a break on Commissions. Save A Bunch…
Traditionally, Real Estate Companies charge Commissions and Fees to Sellers equal to 6% or higher for Listing and Selling their Clients Homes “For Sale” on the MLS. Well, take advantage of our “Fall Special” and get the same exposure you would expect from a Real Estate Company here in OKC – but for a Lot Less.
Call, text or email Tom at KeyRealtyOKC.com for more details and get started on the Amazing Journey – sell your home and let Tom help you look for your next Dream Home Text to 405-409-7608 or firstname.lastname@example.org
Here are a few tips for Sellers…Special Thanks to HGTVhttp://www.hgtv.com/design/decorating/design-101/10-best-kept-secrets-for-selling-your-home
Selling Secret #10: Pricing it right
Find out what your home is worth, then shave 15 to 20 percent off the price. You’ll be stampeded by buyers with multiple bids — even in the worst markets — and they’ll bid up the price over what it’s worth. It takes real courage and most sellers just don’t want to risk it, but it’s the single best strategy to sell a home in today’s market.
Selling Secret #9: Half-empty closets
Storage is something every buyer is looking for and can never have enough of. Take half the stuff out of your closets then neatly organize what’s left in there. Buyers will snoop, so be sure to keep all your closets and cabinets clean and tidy.
Selling Secret #8: Light it up
Maximize the light in your home. After location, good light is the one thing that every buyer cites that they want in a home. Take down the drapes, clean the windows, change the lampshades, increase the wattage of your light bulbs and cut the bushes outside to let in sunshine. Do what you have to do make your house bright and cheery – it will make it more sellable.
Selling Secret #7: Play the agent field
A secret sale killer is hiring the wrong broker. Make sure you have a broker who is totally informed. They must constantly monitor the multiple listing service (MLS), know what properties are going on the market and know the comps in your neighborhood. Find a broker who embraces technology – a tech-savvy one has many tools to get your house sold.
Selling Secret #6: Conceal the critters
You might think a cuddly dog would warm the hearts of potential buyers, but you’d be wrong. Not everybody is a dog- or cat-lover. Buyers don’t want to walk in your home and see a bowl full of dog food, smell the kitty litter box or have tufts of pet hair stuck to their clothes. It will give buyers the impression that your house is not clean. If you’re planning an open house, send the critters to a pet hotel for the day.
Selling Secret #5: Don’t over-upgrade
Quick fixes before selling always pay off. Mammoth makeovers, not so much. You probably won’t get your money back if you do a huge improvement project before you put your house on the market. Instead, do updates that will pay off and get you top dollar. Get a new fresh coat of paint on the walls. Clean the curtains or go buy some inexpensive new ones. Replace door handles, cabinet hardware, make sure closet doors are on track, fix leaky faucets and clean the grout.
Selling Secret #4: Take the home out of your house
One of the most important things to do when selling your house is to de-personalize it. The more personal stuff in your house, the less potential buyers can imagine themselves living there. Get rid of a third of your stuff – put it in storage. This includes family photos, memorabilia collections and personal keepsakes. Consider hiring a home stager to maximize the full potential of your home. Staging simply means arranging your furniture to best showcase the floor plan and maximize the use of space.
Selling Secret #3: The kitchen comes first
You’re not actually selling your house, you’re selling your kitchen – that’s how important it is. The benefits of remodeling your kitchen are endless, and the best part of it is that you’ll probably get 85% of your money back. It may be a few thousand dollars to replace countertops where a buyer may knock $10,000 off the asking price if your kitchen looks dated. The fastest, most inexpensive kitchen updates include painting and new cabinet hardware. Use a neutral-color paint so you can present buyers with a blank canvas where they can start envisioning their own style. If you have a little money to spend, buy one fancy stainless steel appliance. Why one? Because when people see one high-end appliance they think all the rest are expensive too and it updates the kitchen.
Selling Secret #2: Always be ready to show
Your house needs to be “show-ready” at all times – you never know when your buyer is going to walk through the door. You have to be available whenever they want to come see the place and it has to be in tip-top shape. Don’t leave dishes in the sink, keep the dishwasher cleaned out, the bathrooms sparkling and make sure there are no dust bunnies in the corners. It’s a little inconvenient, but it will get your house sold.
Selling Secret #1: The first impression is the only impression
No matter how good the interior of your home looks, buyers have already judged your home before they walk through the door. You never have a second chance to make a first impression. It’s important to make people feel warm, welcome and safe as they approach the house. Spruce up your home’s exterior with inexpensive shrubs and brightly colored flowers. You can typically get a 100-percent return on the money you put into your home’s curb appeal. Entryways are also important. You use it as a utility space for your coat and keys. But, when you’re selling, make it welcoming by putting in a small bench, a vase of fresh-cut flowers or even some cookies.
Save on your Commissions and List and Sell with Tom – Key Realty and Property Management
Call or Text to 405-409-7608
0r email to email@example.com
When looking for a place to live and to invest, people are generally looking for three things: affordability, a strong economy, and good quality of life. Most US cities can only claim excellence in one of these areas. A dozen cities specialize in two. But if you truly want it all, you only have three choices.
And they’re all in the Midwest.
That’s the finding of Josh Lehner at the Oregon Office of Economic Analysis, who explored what’s being called the “housing trilemma”—the idea that due to the housing crisis, Americans have to make big tradeoffs in deciding where to live. Lehner looked at the 100 largest metropolitan areas in the country, comparing them for quality of life, affordability and economic strength across several metrics using Census data and several other indicators.
According to his data (which you can see here), if you want a city that excels in all three, you have just three choices:
- Oklahoma City, Oklahoma
- Omaha, Nebraska
- Des Moines, Iowa
In fact, only 15 cities got high marks in two categories, most of them focused in quality of life. But if it’s most important for you to live in a place with good quality of life and economic strength, you’ll pay more to live there. In fact, this is usually what eventually drives those cities off this Venn diagram, as Lehner explains. Cities that become too desirable become too expensive:
The reason these trade-offs exist is mostly, but not entirely, due to market forces. People want to live in cities with a strong economy and high quality of life. Increased demand for housing leads to higher prices and lower affordability. Nice places to live get their housing costs bid up due to strong demand. The opposite is true as well. Regions with under performing economies and a lower quality of life do have better affordability.
San Francisco, of course, is the quintessential example of a city that has a huge affordability problem that’s keeping people out, even as it remains a great place to live with job growth that’s exploding.
But look at another place that is slowly edging off this chart: Portland, Oregon, which has been celebrated for its quality of life and strong job growth, but in the last few years the city has become way less affordable. Portland is also a unique case in that it has very, very low vacancy rate, which makes it harder for renters to find affordable places to live.
The solution to move more US cities into that sweet spot with Des Moines, Omaha, and OKC is the same one you’ve been hearing throughout the housing crisis: Build more housing.
For more information on Investment Property in Oklahoma City, contact Karyn Seabrooke at
Key Realty an Property Management 405-605-6445
OKC Real Estate Market
This Video brought to you from our Friends at How to Adult
Special thanks to Geoff Williams at Money.USNes.com
When Laurence DeGaris moved into his first house last August, at the age of 49, the University of Indianapolis marketing professor quickly found himself missing some of the pleasures of renting.
“The best thing in my old place was Lou,” DeGaris says. “Faucet leaking? Call Lou. Air-conditioning not working? Call Lou. Now that I’m a homeowner, I got no ‘Lou.’ You know anyone who does gutters in Indianapolis?”
Is it better to rent or buy a house? That’s a question virtually all adults ask themselves at one point or another, and especially around this time of year, as some people consider their goals and plans for the year ahead. So before you answer the question, here are some other questions you should ask yourself first.
Is it important that your house is an investment? If it’s very important, you might want to rethink your future living arrangements. “Americans were used to their homes being a store for wealth – something to liquidate in retirement and downsize,” says Scott Shellady, a senior vice president of derivatives for Trean Group, a futures and commodities exchange in Chicago. “No longer the case. Houses can go down just as easily as they go up.”[See: A Step-by-Step Guide to Homebuying.]
He adds: “The bull run in housing we saw in the ’90s and early 2000s will not happen again in our lifetime.”
Shellady also cautions prospective homeowners to think about the health of the city they want to live in before taking out a mortgage. “Bankrupt municipalities can’t put out fires. They can’t stop thieves. They can’t pick up trash and they can’t maintain roads,” Shellady says. “How much would your house be worth if your municipality was in that situation?”
This isn’t to say your house won’t be worth more someday versus when you bought it. But if you want a robust investment portfolio more than you want to buy a house, talk to a financial adviser instead of a real estate agent. Additionally, if you believe you’re going to be in a house less than five years and want to sell it at a profit, most experts suggest it’s safer to stick with renting.
Have you crunched all the numbers? Ron Throupe, an associate professor of real estate at the University of Denver, says the biggest mistake future homebuyers make is comparing a month’s rent to a month’s mortgage payment.
“Many people don’t have all the numbers,” he says. “There are many additional fees you need to include to make a fair comparison: the principal interest, property taxes, property insurance, homeowners association fees and maintenance.”
The maintenance, in particular, can’t be underestimated, he says. As DeGaris found out, if your furnace goes out or a pipe leaks, you have to fix it yourself or hire a professional. And there are other ancillary costs as well. “As a homeowner, you may find you suddenly need lawnmowers and snow shovels and new furniture,” Throupe says. “It all adds up.”
Can you handle the stress? “Most people weigh the financial aspects of buying versus renting, as they should, since it’s the biggest financial decision most people will make. But one big factor to consider when buying a home is stress,” says Tim Lucas, editor-in-chief of mymortgageinsider.com, an informational website.
Lucas says the Holmes and Rahe Stress Scale, a landmark stress study conducted in 1970, ranks many events that go along with buying a home in the top 43 most stressful circumstances in life. Four events are specifically home-related: change in financial state (No. 16), large mortgage or loan (No. 20), change in living conditions (No. 28) and change in residence (No. 32).
“If someone has recently made other life changes such as marriage, which is No. 7, switching careers (No. 18) or having a child (No. 14), it might be wise to postpone buying a home,” Lucas says. “Stress overload can lead to missed payments, which can result in destroyed credit or even losing the home. It’s better to rent if your life is in flux, and then buy when your stress levels are lower.”
For all your Oklahoma City Real Estate Needs… Call Karyn at Key Realty and Property Management.
Buying or Selling Income Properties, Call Karyn
Karyn Seabrooke, with Key Realty and Property Management, just Sold 2 Duplex’s, total four units, located in the “Harry Reeders Talk Of The Town” addition in Oklahoma City. Close to NW36th and Hefner Parkway.
Property consists of 2 buildings, total 4 units. Monthly Income was $3,025, 100 occupied.
Sold for list price, $240,000. Over 12% CAP Rate.
The seller is local and is relocating to the Dallas/Ft Worth area and the Buyers are also local.
If you are thinking of buying or selling Income Properties in the OKC metro area, give Karyn a call.
Karyn has personally owned and managed some 2,000 units over the past 17 years in the Oklahoma City Real Estate Market. From new construction to managing “renovation projects” Karyn and her staff can handle all aspects of your purchase through to managing your income properties.
Whether you are new to the Real Estate Market or a Seasoned Landlord with an established portfolio here in Oklahoma City, let Karyn help you with your Real Estate Purchases.
Neutral colors make the best palette
Who knew? Ellen DeGeneres isn’t just an affable talk-show host and beloved comedian. She’s also an extremely prolific home designer and house flipper, as shown in her new book, “Home.” See more tips for Oklahoma City Real Estate for Sale.
“I wanted to be an interior designer when I was 13,” DeGeneres admits in her book—which explains why, over the past 25 years, she has bought and renovated nearly a dozen homes. Each home was an adventure and an education, she recalls. Below, from her book, are a few lessons she’s learned, as well as gorgeous photos of her interiors that illustrate her points.
Neutral colors make the best palette
“I like neutral colors with stronger colors in art, pillows, or a nice throw. Big color statements on walls or furniture can be fun, but limit the possibility of changes.”
Get a chalkboard in your kitchen
“Chalkboards make a great, fun statement in a home. You can draw on them or use them practically to make lists or write notes. You can write something like, ‘Remember to put away your shoes,’ just as a random, not-specific-to-my-life example.”
“When finishing a room, I find it’s often useful to take one thing away. I always want to make sure it doesn’t look overdone or fussy.”
Let there be light—lots of it
“Every room needs more than one light source. Lighting can be harsh or insufficient if you just rely on ceiling lighting. I like soft, even lighting, and I think floor and table lamps are essential to creating the right mood.”
Excerpted from the book “Home” by Ellen DeGeneres. Copyright (c) 2015 by Crazy Monkey, Inc.
Special thanks to #Realtor.com
Oklahoma City Investment Property Just Sold
The buyers are from San Diego and they also hired Karyn and her Management Team to manage the portfolio for them.
If you are thinking of purchasing Income Properties in the OKC metro area, give Karyn a call.
Karyn has personally owned and managed some 2,000 units over the past 17 years in the Oklahoma City Real Estate Market. From new construction to managing “renovation projects” Karyn and her staff can handle all aspects of your purchase through to managing your investment.
Whether you are new to the Real Estate Investment Circle or a Seasoned Investor with an established portfolio OKC Investment Property, let Karyn help you with your Real Estate Investments.