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Updated over 6 years ago on . Most recent reply
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Building a REI portfolio while on active duty
Cheers!
I'm currently active duty Army and I want to begin building my REI portfolio and I'm currently in the process of potentially making my first property purchase strictly for the intent of investment. I understand up front that regardless every few years I will have to move so I wil encounter distance issues but I don't want to wait until my retirement out of the military to begin putting in the work. I've seen several SMs buy houses at each location they've been stationed in and rent them out once they move. I'm trying to see if anyone would be willing to share experiences they've had while building their REI portfolio while serving on active duty. Did you buy properties strictly for the purpose of investment without living in them? Did you prefer to invest in a military community or an area away from a base and what drove you to make that determination? What experiences have you had while managing having to move every few years? Any information or insight would be greatly appreciated.
Andrew Z