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Travis Betz
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North Carolina - Turnkey Military - Recommendation / Review

Travis Betz
Posted

I'm getting ready to talk to Military Turnkey about properties in the Fayetteville / Fort Bragg area.  Has anyone here worked with them? Thoughts about the business? 

I have not lived in this area - any information on the rental market appreciated.

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Don-Carlos Moniz
  • Real Estate Agent
  • Fayetteville, NC
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Don-Carlos Moniz
  • Real Estate Agent
  • Fayetteville, NC
Replied

@Travis Betz, I have not worked with Turnkey Military, but I did jump on their website and look at the properties they are advertising. Nothing about the homes and rents would throw up a red flag for me, but there were no sale prices on the properties. Most of the data they use is accurate, but I would caution that owning rental properties by a military base does not guarantee performance. Military families move a lot more than their civilian counterparts - on average every 3-4 years, and not all soldiers are good tenants. On the positive side, the base's presence keeps the rental demand higher and has a stabilizing effect on our market. I spent over 20 years in the service before retiring in 2020, and now I work as an agent in the Fayetteville/Fort Bragg area. There are more pluses and minuses to investing in rentals here - if you have any specific questions let me know and I'll try and answer them.

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