Author: Ben Scott

Think you had to do a cost segregation study the same year you bought your rental property? Think again,  a “look-back” study lets investors capture those tax benefits years later, even if you closed the deal in 2021 or earlier. The real surprise: you don’t lose the depreciation you skipped in prior years, you get to … Continued

Marc Kulick, CEO of Vesta Realty, is finally responding publicly to months of tenant complaints about black mold, sewage leaks, and water shutoffs at properties like Montage Apartments, and he’s pointing the finger at his own lender. Kulick claims second mortgages taken out by YSA Investments, run by former arms dealer Efraim Diveroli, cut off his … Continued

There’s an Oklahoma City trailer park accused of profitting from the Oklahoma’s easy eviction process by piling fees upon residents. The Westmoor Mobile Home Park, owned by a Colorado based company, is a serial evictor and is starting to push rent-to-own deals on residents, in which a portion of a tenant’s monthly rent builds towards the purchase … Continued

Oklahoma City is moving forward with six affordable housing developments backed by $55.7 million in MAPS 4 funding, helping address the city’s estimated shortage of 45,000 affordable housing units. The projects include permanent supportive housing for people experiencing homelessness, workforce housing, veteran housing, and the renovation of existing apartment communities across the metro. City leaders … Continued

For the first time in decades, newly built homes are selling for less than existing homes, creating new opportunities for buyers. This according to a report from Fortune Magazine. Builders are responding to affordability challenges by lowering prices, offering incentives, and increasing discounts to attract buyers as higher mortgage rates continue to slow demand. Meanwhile, existing … Continued

As real estate professionals, the most common question we get is: ‘How’s the market?” The answer: Weird. There is a record number of homes for sale in the MLS (more than 8,000) and meanwhile prices have not come down.  Consequently, buyers have more choices with increased inventory and more opportunities to negotiate seller concessions. There … Continued

Oklahoma City welcomed more than 6,100 new residents between 2024 and 2025, continuing a trend of steady, sustainable growth. City leaders credit the increase to a strong job market, affordable cost of living, and ongoing investments in industries like aerospace, manufacturing, and biosciences. With more than 138 economic development projects currently in the works, officials expect … Continued

The cost of owning a home has climbed dramatically over the past several years, making it increasingly difficult for many buyers to enter the market. Between higher mortgage rates, rising property taxes, insurance premiums, and maintenance costs, the average annual cost of homeownership has increased by nearly 40% since 2019. As affordability continues to decline, many prospective … Continued

New data shows Oklahoma County is home to more than 142,000 renter households, with the typical monthly rent at $1,143. While eviction filings continue across the metro, they are heavily concentrated, with nearly 44% of all cases coming from just 100 apartment communities. The report also highlights that eviction activity is not evenly spread across the city, … Continued

Located in the highly desirable Crestwood neighborhood, this charming home, built in 1924, is full of character and timeless appeal. Featuring three bed/one bath, and 1,924 square feet, you’ll love the original woodwork, arched doorways, built-ins, and decorative fireplace. The corner lot offers mature trees, a welcoming front patio, and a private backyard deck perfect for … Continued

Data centers are not new to America, but the boom that’s making its way through the nation is slowly making them more known to Oklahoma markets. There are more than 4,300 data centers in the nation, according to the global data center directory Data Center Map, and currently, Oklahoma communities are trying to decide where they … Continued

Plans for Oklahoma City’s ambitious Legends Tower project are still moving forward, but developers say market demand will ultimately determine whether the nearly 2,000-foot skyscraper becomes a reality. While discussions with the FAA continue, the bigger question is whether there will be enough demand for the tower’s residential and commercial space. For now, developers are focusing on … Continued

A Fort Gibson family says their dream home became uninhabitable after thick black sludge and dangerous gas levels began seeping through the foundation, forcing them to abandon the property nearly a year ago. State records indicate the home may have been built on or near an improperly plugged oil well from the 1940s, and testing by … Continued

A judge has ordered the removal of Vesta Realty as the property management company for Drexel Flats apartments in southwest Oklahoma City, giving tenants hope that long-standing maintenance and financial issues may finally improve. Earlier this year, residents reported ongoing problems including overflowing trash, repeated water shutoff notices, and non-functioning security lights, which tenants claimed were tied … Continued

Located in the highly sought-after Oak Tree community, this single-story ranch sits on a prominent corner lot with timeless curb appeal and a circular drive. The home offers 3 bedrooms with an optional 4th bedroom, 2.1 baths, and over 3,000 square feet of flexible living space designed for both comfort and entertaining. Inside, you’ll find … Continued