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Kyle D.
  • Palm Harbor, FL
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Military bases buy-and-hold strategy

Kyle D.
  • Palm Harbor, FL
Posted Mar 3 2015, 10:40

I am doing some research on buying SFRs/2-4 plexes near military bases and listing on military websites.  Here is kind of the baseline for what I would like to capture.  Is this too much, and is there anything I am missing, and can anyone suggest locations across the country that fit this bill? Not opposed to buying in PR, Guam, HI, etc...

-Within 15 minute commute of a military base that are large enough to not be shut down

-Preferrably in a known/recognized community the military folks lived last year, and the year before, etc  (eg. MacDill AFB in Tampa = South Tampa hotspot to buy in - but low cap rate)

-Neighborhood should be 50% rentals or less?

-Class "A"

-Rating on greatschools.org 9 or 10

-Cap Rate at least 8%

-Must have several other large employers in town with strong transient (consultant?) workforce

Any advice is appreciated.  PM me if you offer such services in your local market.

Thanks!

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