History

As so often happens in life, businesses are started and built by someone with a dream and with the drive to succeed. Greg Williams is that entrepreneur! Here is his story and the history of Properties Plus:

Well, I was a regional engineering manager overseeing the East coast for Koch Materials Group (the asphalt division of Koch Industries in Wichita KS.) I made great money as an engineer but worked 80 hours a week and never could get over the hump, so to speak.  So, I started studying what separated the poor, middle class and the wealthy and found that over 90 percent of the wealthy had real estate in their portfolio at some point in their journey. So, I bought every book and CD I could find about real estate and started learning. Finally, at 28 years old I took the plunge and turned in my resignation thinking what’s the worst thing that could happen?  I wasn’t married and if I went broke I’d just go back and work for “the man.”  So, I walked out the door of Koch Industries for the last time on July 15, 2004.

At first I was planning to start a “signs above the urinals” billboard company called American Boards. I was planning to sell advertising and advertise my real estate company while building up cash to buy and flip properties.  I had a friend from Wichita give me his “secret sauce”, so to speak, on how to get to the other side, and I was surprised to find that it wasn’t by flipping real estate. He was 34 at the time and went to work at 8:00AM and was done by noon.  So, shortly after I moved to Tulsa my initial plan changed and Properties Plus was formed a couple months later.

The first thing I did was create a website and at the time I would drive the streets and comb the papers looking for anyone leasing a rental property. I would ask an owner if I could market their property for free and if I found a tenant would they pay me a commission?  Most owners said yes so I had plenty of homes to market on the Properties Plus website.  All I had to do was produce and the website helped nicely! So, I started in my pickup truck driving streets of Tulsa, talking with everyone I met and learning the area. It wasn’t until January 2, 2005 that I had my first “official” management contract (and that owner is still with us today).  While starting up I quickly came to the realization that to own a legitimate real estate company you must be a real estate broker. So, late nights were spent studying through all the real estate exams to become a broker. I was having to sell anything and everything I had to stay afloat and in early-to-mid 2005 I was down to my last $687.54. By the grace of God and hard work everything quickly started to come together and business started to pick up. We were working with investors looking for properties to buy and with any for sale by owner wanting to list or to rent their property.

By February 2006 we were managing over 200 properties and today we manage approximately $100 million in assets for owners all over the world. Properties Plus was built by helping owners achieve their specific financial goals, and by helping tenants to become owners and be able to participate in the American Dream.

Part of my American Dream is coming true with the opening of our new Properties Plus corporate office in Tulsa, Oklahoma on June 25, 2009. We now have a beautiful building with offices for our growing team, including a child care center. One thing I am especially proud of is our new Community Room. We have set aside space for non-profit and community organizations to gather with up to 60 people for training or educational sessions, workshops or meetings. This is one way we know we can give back to the community that has been so generous in supporting Properties Plus!