Military SFH/small MFH buy and hold investing

Military SFH/small MFH buy and hold investing

San Antonio, TX · Member since 2022 · 11 posts · 6 votes

Hey there everyone, 

New BP member/real estate investor here. I'm in the military and plan to focus my investments in buy and hold rentals (SFH/small MFH). I purchased my first property (SFH) in 2020, which I currently use as my primary residence. I'm moving from San Antonio in July, so the plan is to turn that into a rental and buy another SFH.

My ultimate goal for investing is to be able to work when I want to, not because I have to. Don't get me wrong, I love what I do, but I think having the option to choose to work out of desire rather than necessity is powerful. 

Fun fact about me - I've lived just under half my life in Saudi Arabia! 

I just wanted to put myself out there and start getting to know the BP community. I'm always happy to make new connections. 

-Neil 

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  • Lender · Annapolis, MD · Member since 2022 · 154 posts · 70 votes
    4y

    @Cornelius Brady Hi Neil, now is a good time to continue your real estate investing career while having the military income. Feel free to reach out with any questions.

  • Julio GonzalezPro Member
    Specialist · West Palm Beach, FL · Member since 2008 · 4k+ posts · 1k+ votes
    4y

    HI Cornelius, welcome to the community! You came to the right place to learn more about real estate investing!

  • Justin WindhamPro Member
    Banker · Nationwide · Member since 2015 · 4k+ posts · 1k+ votes
    4y

    @Cornelius Brady

    It’s great to have you here!

    If you want to invest into real estate, this site is awesome!

    If you are looking to connect with other members near you, or want to learn from people in a specific area you’d like to invest in, or have a desire to find people interested in certain topics, you could use the search feature here: https://www.biggerpockets.com/search/users

  • Realtor · Norman, OK · Member since 2016 · 49 posts · 29 votes
    4y

    Hey @Cornelius Brady! 

    Welcome! It's great to have you here. Congratulations on determining an investing strategy that will work for you. Your goal sounds like a great motivator. Wish you luck on your investing journey!

  • Brad LarsenPro Member
    Property Manager · San Antonio and Austin, TX · Member since 2016 · 377 posts · 380 votes
    4y

    Welcome! Having a solid PM partner in the market will make your life so much easier and save you a ton of headaches. As a veteran myself, we have a strong military owner presence in our portfolio of 1000+ homes. We also offer some incredible military discounts for active duty & vets. When the time comes, check us out @ RentWerx.com.

  • Realtor · Spokane, WA · Member since 2020 · 32 posts · 20 votes
    4y

    Hey @Cornelius Brady, congratulations on jumping into the investment game! I think you have a perfect foundation for starting real estate investing. Being active duty, getting that BAH, and consistently moving every so often is one of the best/safest strategies in my mind. I just finished 8 years in the National Guard and have a couple active duty friends who have been very successful doing that. If you're ever at Fairchild AFB here in Spokane I'd love to connect in person. I personally just bought my first property in San Antonio but live and work in Spokane. Way to go and best of luck!

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