It is a strategy nick named “House Hacking”, and is the perfect strategy for new investor to make money from buying their own home.
How I Bought a Home in Killeen, TX for $55/mo
The Fort Hood Real Estate Market in 2018
Takeaways The Fort Hood market had a fantastic 2017, with median price growth of 11% over 2016. Median fourplex prices grew 14% over 2016 Foreclosures hit a new low at just over 14% of home sales Inventory is approximately 4 months, creeping closer to a seller’s market See 2016’s Synopsis I’ve defined the Fort Hood […]
Never Pay Taxes Again with the 1031 Exchange
Takeaways If you would like to sell a property and reinvest your profits into another property, you should be using the 1031 exchange to avoid paying taxes between transactions. Keep doing the 1031 exchange until you die, and you’ll never have to pay taxes on your profits. Safeguarding your capital from Uncle Sam means that you’re […]
What Happened in Fort Hood’s Housing Market in 2016?
The median price point for Fort Hood and most areas rose modestly in 2016. But beneath that ho-hum uptick are some very favorable trend lines for area homeowners. Meanwhile, multi-family prices have most plateaued, for now.
Fort Hood Housing Market Update – 3rd Quarter, 2016
A mixed report, not unexpected for a “neutral” housing market. There are good signs for each market. The general trends are still set. Harker Heights continues to be one of the top performing communities, and Killeen ain’t nuthin’ to sneeze at, either.
Fort Hood Housing Market Update – 2nd Quarter, 2016
Takeaways Fort Hood inventory falls under 5 months, creeping toward a Seller’s Market The rebounding fourplex/duplex market has plateaued The Harker Heights housing market continues to be one of the best performing communities Housing Inventory Falls Under 5 Months The Fort Hood area behaves like a weak buyer’s market – sellers often pay closing costs, […]
What to Expect: Renting Out Your Killeen, TX Home
Takeaways Killeen’s rental market has gotten a little softer Plan on only collecting about 70% of the total rent Homes that rent around $900-$1200 probably make the best rentals in our market 1/3 of Americans are renters. 2/3 of Fort Hood residents are renters. There are a few reasons for this, but the main one […]
The Purchase Contract (Resale): Para. 10 – Possession
Note: The Texas Association of Realtors and TREC update promulgated forms regularly. For the most recent updates, check with TAR, TREC, or contact me at brian@starpointerealty.com. Note: I am a real estate professional, not a lawyer. Nothing herein should be construed as legal advice or instructions. BLUF You can “move in” or “move out” either […]
Fort Hood Multi-Family Market, 2015 Update
Those who know me know that duplexes and fourplexes are a specialty of mine. Rightfully so, as I own my own fourplex in Killeen, back while still in the Army. I’m also a multi-family evangelist, and in particular have extolled buy-and-hold investors to try the Fort Hood multi-family market. Empirically, I felt I was witnessing […]
Fort Hood Area Gross Rent Multipliers(GRMs) / Cap Rates
Information for Investors interested in the Fort Hood, Killeen, Harker Heights and Copperas Cove markets, on local GRMs and Cap Rates.
Fort Hood Area Inventory Is Shrinking
Is it a buyer’s market or a seller’s market? Is there a way to tell other than gut feelings and anecdotes about how quickly homes are selling or not? Of course. It’s called months of inventory (or absorption rate). Months of Inventory and Absorption Rates are the same thing. “Absorption Rate” is a term more […]
Who is Buying all the Fourplexes in Killeen?
Search the Fort Hood Area MLS for Multi-Family Homes I was working with an investor looking for a good multi-family when I went to go see what was available in my favorite Killeen fourplex neighborhood on Robinett and Stan Schlueter. I was shocked. There were NO fourplexes on the market in Weiss Addition and adjacent […]