Olympia, WA · Member since 2019 · 8 posts · 0 votes
I am currently looking at Lawton, OK for a potential first city to buy a rental property in. The city has the general price range I am looking for and can expand with rapidly, however my research in the area came up limited. I lived there while i was attending BOLC with the Army, but did not pay attention to the housing market in the least bit.
Does anyone with property in Lawton recommend it as a good place to start? is the rental market soft or strong? If lawton is not a good place to start, what suggestions do you have? Any insight is greatly appreciated.
It's not always about "price". Make sure you look at the vacancies in Lawton. I have found them to be quite high recently. Sometimes accurate vacancy numbers are hard to get unless you ask for a detailed T-12 or annual RR, and then figure out the vacancy rate yourself.