Welcome to Oklahoma CityWelcome to Oklahoma City

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 3.25%, lowest in the US for metro areas over 1 million

Oklahoma City is No. 3 in office space growth rate-Newmark Grubb

Oklahoma City InformationOklahoma City Information

#3 in the US as the best city for jobs

#3 in the US best place for small business

#3 best city for job creation at 2.2% annual growth, .5% national average

#1 in the US in durable goods manufacturing growth

#11 in Job Diversity

4th Lowest in income diversity. Household income up 22% in the last two years

Real Estate keeps setting records for transactions and volume since 2011.

Oklahoma City is #1 City in large metro areas for starting a business, Kiplinger News

#3 best city for millenials to live

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.

Oklahoma as a state is #8 in the US for income growth 2008-2015

Top Ten Investor Markets for Cash FlowTop 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

About MeAbout Me

Selling Investment property since 1989

2011 President Edmond Board of REALTORS®

2011 Edmond REALTOR® of the Year

2014 Oklahoma REALTOR® of the Year

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

What about the Oil Business?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.

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.

Estimates for oil prices are $65 a barrel at the end of 2015, and $75 for 2016. Typical drilling cost in Oklahoma is $22 to $36 a barrel.

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.

Tinker AFB expansionTinker 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. Boeing has announced that 1800 more jobs are coming to Oklahoma City.

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.

Why you should buy in Oklahoma CityWhy 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.

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.

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.

Cash flow is predictable and we offer the best overall return with cash flow

Mustang Home for SaleMustang 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%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

West VillageWest Village

The average sale price in Mustang for new construction

homes like this is $114SF. Buy one at $92.46SF or two or more at the special sale price at $127,500 which is

$90.68SF

MLB Homes for SaleMLB Homes for Sale

School Plan Size SF Home Price Cash Flow

Choctaw King 1583 4/2/2 $164,900 $358-$458

Choctaw Marsha 1817 4/2/2 $176,120 $469-$569

Mustang Marsha 1817 4/2/2 $186,120 $456-$556

Yukon Marsha 1817 4/2/2 $186,120 $456-$556

MLB Homes Ready in September/OctoberMLB Homes Ready in September/OctoberCash 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.

King special-Chose from three options: Take either closing cost allowance with our preferred lender or if not rented by close your first month is paid for.

Shire Lea is conveniently located off I-40, close to all amenities, and pulls from El reno 10 miles away, a major location for oil servicing companies like Halliburton and Schlumberger. Savannah Lake is in the heart of Mustang, has a neighborhood pool, and close to The City of Mustang recreational facilities.

Shire Lea and Savannah LakeShire Lea and Savannah Lake

Mill Creek Mill Creek Mill Creek is in Choctaw Schools but is the closest suburban school system to Tinker AFBO. We have seven lots left for investors starting at $164,900 for the homes. Mill Creek benefits from the Boeing increase, and the KC-46 home

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 MustangSavannah Lakes in Mustang

MLB ElevationsMLB Elevations

Completed and Rented Moore homesCompleted and Rented Moore homes

Built and Rented Moore Homes Built and Rented Moore Homes

These two homes were built in 2014 as a custom designed plan at 1834SF, 4 bedrooms, 2 baths, and a 3 car garage.

They have granite tops throughout, full tile baths, fireplaces, and have blinds, garage door openers, and 6

foot wood privacy fences. The are both rented at $1695 per month with a positive cash flow of $522 a month and a purchase price of $189,900 each. No upfront rental fee

required.

Completed and Rented Yukon DuplexesCompleted and Rented Yukon Duplexes

Built and Rented Yukon Duplexes Built and Rented Yukon Duplexes

These 3 Duplexes were built in 2013 as a plan at 2498SF, 3 bedrooms, 2 baths, and a 2 car garage per side. They

have granite tops throughout, Tile backsplash, Refrigerators, and blinds, garage door openers, and 6 foot wood privacy fences. The are rented at $2200 per month both sides with a positive cash flow of $725 a month and a

purchase price of $249,900 each. No upfront rental fee required.

Getting In TouchGetting In Touch

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

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