Soldier Turning Real Estate Investor

[Kenneth Littrell]

Hello everyone! I am really excited to be here. My name is Ken. I am a career soldier approaching Army retirement in two years.  I have always been interested in real estate. I made some money on the sale of my house but I am keenly interested in buy and hold investment. I have invested in stocks most of my adult life and am hooked on multiplying wealth.  

We aren't locked down to any specific area (no children and no permanent home due to constant Army deployments) so I am open to investing wherever the deals make the most sense.  Any suggestions? 

[Sharon S.]

Originally posted by @Kenneth Littrell:

@Sharon S. thank you! Wow, that exciting! It's really encouraging to see Army families go on to do great things after their time in the service is up. My wife and I want to do the exact same thing.  We have looked at a few properties outside of Fort Hood.  Question...since you're servicing the military community with your properties, did you buy houses that fit a specific BAH range? For example, someone might buy a property that E5 and above to afford while someone else focuses on the higher end of the market..say senior enlisted and officer grades. 

Loved your rehabs on instagram. You got a new follower here! 

We don't usually buy in a specific price range to fit BAH range, but always consider local BAH rates when determining rent! (We do long term holds outside of the bases.) We just enjoy giving soldiers a good temporary place to live that is off base :) We have had some potential homes in Ft.Hood (Killeen and Copperas cove area) but the property taxes in Texas are just killer. Hubby was stationed at Ft.Hood for two years and loved it, I really like the area as well and would reconsider investing there.