Fort Hood/Killeen buy and hold

Fort Hood/Killeen buy and hold

Lakeside, CA · Member since 2018 · 13 posts · 5 votes

Goodmorning BP,

I am a Texas resident currently out of state, and I am interested in buying in Killeen. From what I have seen so far the city hasn't seen the inflation that ithe parts of the state has like DFW. Can anyone share some insight on the market average rental prices, vacancies, do you have military tenants.

Thanks in advance for your valued inputs. 

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Andrew PostellPro Member
Lender · Fort Worth, TX · Member since 2016 · 8k+ posts · 6k+ votes
8y

@Brandon Boyer Semper Fi fellow Devil Dog!  @Account Closed what do you think about this post?

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  • Andrew PostellPro Member
    Lender · Fort Worth, TX · Member since 2016 · 8k+ posts · 6k+ votes
    8y

    @Brandon Boyer Semper Fi fellow Devil Dog!  @Account Closed what do you think about this post?

  • Specialist · Dallas, TX · Member since 2017 · 368 posts · 102 votes
    8y

    @Brandon Boyer You have the right mindset, but might want to think bigger than Killeen. I redevelop and wholesale homes in military communities that have a larger city presence. For example Lawton OK is home to an Army Basic Training and another training mission, that means that you will have a lot of visitors every week for graduation and instructors who live off base (if they can find suitable housing). There is a low deployment yield and you will have more info about when the troops show up and leave. There are plenty of cities in Texas that are not overpriced like Dallas, you just need to your research. Hopefully this helps.

  • Lakeside, CA · Member since 2018 · 13 posts · 5 votes
    8y

    @Solomon Floyd thanks for the advice. I am interested in  Killeen because it has a large military presence with low availability of military housing. I never considered Oklahoma but I will have to look in to the market there. Would you know where I can do market analysis that isnt gonna cost a whole lot?

  • Killeen · Member since 2018 · 13 posts · 3 votes
    8y

    @Brandon Boyer I am in the Killeen/Ft Hood area and presently own 1 single family property.  We are starting to look into multi-family in the area with the goal of 4 - 8 - 10 unit properties.  If you're interested in networking I would be happy to talk with you.

    There is a new BDE coming to Ft Hood in the near future therefore I think this is the time.  

  • Lakeside, CA · Member since 2018 · 13 posts · 5 votes
    8y

    @DavidMcPhail Hey what is a BDE?

  • Killeen · Member since 2018 · 13 posts · 3 votes
    8y
    It is the new SFABs the Army is developing. 3 SFAB will be out of Ft Hood.
  • Killeen · Member since 2018 · 13 posts · 3 votes
    8y
    @brandon_boyer did you receive my last post
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