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Updated almost 8 years ago on . Most recent reply

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Marcus Gilbert
  • Fort Polk , Louisana
0
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REI while serving active duty military

Marcus Gilbert
  • Fort Polk , Louisana
Posted
Hello, I am currently serving active duty military and have been reading up on REI and became really interested. I plan to start saving and actually give it a try, that is after I actually understand and feel fully competent. I want to know if there are any difficulties or concerns I should be aware of since I am currently serving. Should I wait until I'm done? And then start from there? Or could I start once I feel confident in my knowledge and savings? ( I am aware that it is fully up to me but I'd just like some insight from others in my position or has been). Thank you for all comments!

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104
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Darrell D.
  • Rental Property Investor
  • Springfield, OH
63
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104
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Darrell D.
  • Rental Property Investor
  • Springfield, OH
Replied
If you have the traditional military retirement option, I think you should strongly consider staying in. I recently retired and had some job complications. However I was still able to support my family with my pension and VA check without a paycheck. That retirement option is no longer available for new recruits. Back to REI.... You can invest while being in the military. You can use your VA loan more than once and you can buy up to a 4-plex. Every time you move, buy another one! I had six when I retired and purchased another three the year I retired. I typically do move-in flips and rent when I leave.

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