Updated almost 9 years ago on . Most recent reply
Lawton, Oklahoma
Does anyone own property in Lawton Oklahoma? Just wondering if this a good rental market to buy and hold? The only thing I can see is the presence of military base? Thanks for your comments!
Hank
Most Popular Reply
I live in Lawton and own 3 SFHs here. We are in the process of buying a house about 25 miles outside of town and will turn our personal residence into rental #4. Lawton is unique in that you can have $500k homes a block away from $20k homes. A few blocks one way or the other can really hurt your rental values. We picked all three of ours up as REOs and of the three, one is in what I would call a rough neighborhood. But it's in a pocket on the edge, and we've had good luck with it so far. There is definitely money to be made here, but you really have to do your due diligence, and make sure the property will perform. I have a few friends that retired here from California, and they started investing long distance well before relocating here. They have other investor friends that they assist in finding and acquiring properties here. We also have a few investor minded realtors here. PM me if you want contact info.