Killeen/fort hood Detroit of Texas?

[James L.]

So my agent sent me some listings for Killeen, you can get some cheap multifamily units there. Is it a bad idea? Are there better areas? Any insight would be helpful 

[Chris Hamm]

Hey everyone!
Okay, I understand James' view point on the title. Misleading or not, I get it. He was just asking if he should invest in Killeen.

Alright, here's the bombshell, James:
Killeen just doubled the size of the city's land. Military cutbacks are set to take effect, but Ft. Hood is one of/ maybe THE LAST place they'll be cutting forces at. Texas A&M is adding acres every month to Texas A&M Central Texas inside the city limits. A new Wal-Mart has just went up this past month. Killeen is a boom town right now. If Wal-Mart saw the reason in placing a THIRD one inside city limits (I can literally drive 8 minutes to the next Wal-Mart), then they must know something.

Don't flip in Killeen; buy and hold. It's a rental, transient town. Soldiers and college kids will be cycling through constantly.

Good luck, James. If you want any more inside information in Killeen, I'm in the middle of it. I was raised here, I've lived here, and I've got a business here.