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Updated over 6 years ago on . Most recent reply

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Katrina Carter
  • Yucaipa, CA
10
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10
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Military Areas- good investment?

Katrina Carter
  • Yucaipa, CA
Posted
I'm a new investor and prior military. What has been the outlook on investing in miltary area? Im wondering of people tend to do well in those areas? Any experience? Words of wisdom?

Most Popular Reply

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187
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256
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Chris Jensen
  • Rental Property Investor
  • Bettendorf, IA
256
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187
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Chris Jensen
  • Rental Property Investor
  • Bettendorf, IA
Replied

@Katrina Carter, my wife and I live in a military area (Rock Island Arsenal) and have two rental homes.  2/3 of our renters have been military, and they've been great tenants.  Respectful, responsible, professional, etc.  And like @Account Closed said, they're respected and appreciated here.

The rental market here is strong, so that combined with great military tenants, we've done very well.  We purchased the kind of homes, in the kind of neighborhoods and school district, that professional military families want to live in.  And we price our rentals such that mainly higher-ranked military personnel are interested.  We're on the base's off-base housing list, not sure how much that's helped, but nice to know we're officially associated with the base.

Anyway, real estate investing in a military area has been great for us.  Hope that helps.  Best of luck to you!

Chris

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