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Updated over 8 years ago on . Most recent reply
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Looking to start investing in Killen Area
I am a military member and I am looking to find an investment property in the Killeen/Ft. Hood area. I own a home in Killeen (that I plan on renting when the military moves me in a few years) but would like to find a good investment property. I am leaning towards a duplex but want to make sure I can get a decent deal. I am looking to find references for Agents familiar with investment properties in the area ( I am willing to go as far out as Georgetown) and reputable Property managers.
I am very comfortable renting to military populations and understand the dynamics of it given my position and my current rental property in the Ft. Bragg area. Thank you for any help!
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I am a Realtor in the area who tries to work with investors when I can.
I might recommend starting checking out the local MeetUp group - it's the only one I know of in the Killeen area. They meet at El Chico's the first and third Thursday of every month around 11:30 - 1 (it's informal, just people getting lunch and talking RE).
For what you're talking about doing - I did something very similar when I was still active duty - I bought a fourplex near Robinett (SW Killeen) and lived in a unit until I was deployed. It's been a great property. Multi-families definitely are often easier to cash flow than single families, though I would be very careful about what area of Killeen I had a multi-family in.
I've written some articles on my website about some of my recommendations for investors in our area using similar strategies. Let me know if I can be of help! Maybe we can link up and talk more.