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Updated about 4 years ago on . Most recent reply

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8
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Reece Ludwig
0
Votes |
8
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REI in El Paso: Mil family moving to EP for 3-5 years

Reece Ludwig
Posted

Hi all! I'm a relatively new RE investor and an active duty service member moving to El Paso from out of state, planning on living there 3-5 years.

I'd like to buy between $150k-200k, and I've been looking at zillow, realtor, etc for months. And I'm familiar with most of the zips as properties seem to be referred to by their zip.
We're going to live in the property, and may buy and hold or do a 1031 exchange when we move again, not sure yet. 

Any guidance about where to invest, where to avoid, and any guidance on the current market would be greatly appreciated.  Thanks in advance!

Most Popular Reply

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15
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7
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Jesus Ojeda
  • Real Estate Agent
  • El Paso, TX
7
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15
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Jesus Ojeda
  • Real Estate Agent
  • El Paso, TX
Replied

Hey Reece! Let me welcome you to the beautiful city of El Paso,TX, I hope you enjoy your time here. It really depends, from my experience military families with kids lean towards new construction areas in 79911, 79932, 79938. Schools play an important roll for them as well and new construction tends to appreciate really good in those areas and are rentable to other military. Younger and single military personnel tend to stay in the North East (79924,79925), they seem to find something more economical there and relatively short distance to Ft.Bliss. Fell free to message me if you'd like to me go a bit more in depth. 

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