Your BA is free money, so consider leveraging it and purchasing real estate.
Today I want to talk to you airmen about why you should think about purchasing property rather than using base housing.
The No. 1 reason is that you will get all those extra BAs like BAH and BAQ. You should take that free money and build equity with it by purchasing a home. Depending on how long you’ve been in the military, you could use your VA loan to purchase that home and get the military to pay for it with that free BA money.
If you buy a house and stay at your duty station for three years, that’s quite a bit of equity that you could build up. You could then sell the property when you switch bases, or you could turn it into a rental. If you did that for every duty station that you move to, you could have quite the rental portfolio. Think about it the next time you get your paycheck from Uncle Sam.
If you have any questions about investing in real estate or real estate in general, don’t hesitate to reach out to me by phone or email. I look forward to hearing from you.
