New Member Introduction - Rookie Investor

New Member Introduction - Rookie Investor

New to Real Estate · Member since 2025 · 2 posts · 2 votes

Hi BiggerPockets Community!  I'm Melmar de Jesus, a rookie real estate investor excited to join this amazing community! I'm currently based in Yokosuka, Japan, serving at CFAY (Commander, Fleet Activities Yokosuka) in the US Navy, but I'm planning to return to the US to expand my real estate journey. I discovered BiggerPockets through Spotify.

I already own a single-family property in Hampton, VA, purchased using a VA Home Loan, but I'm new to real estate investing and unsure how to leverage this property to grow my wealth. I'm seeking guidance on what my next steps should be—whether that's turning it into a long-term rental, exploring house hacking when I return, or using it to build equity for future investments. My goal is to make the most of this property and start building a portfolio within the next 12 months after returning to the US.

I'm here to soak up knowledge, connect with other investors, and figure out the best path forward. Any advice for a beginner in the Hampton, VA market, especially on leveraging a property with a VA loan or transitioning from military life to real estate investing, would be greatly appreciated! Looking forward to engaging with this community and welcoming other new members too.

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  • Hamp Lee IIIPro Member
    Real Estate Agent · San Antonio, TX · Member since 2019 · 1k+ posts · 832 votes
    1y
    Quote from @Melmar De Jesus:

    Hi BiggerPockets Community!  I'm Melmar de Jesus, a rookie real estate investor excited to join this amazing community! I'm currently based in Yokosuka, Japan, serving at CFAY (Commander, Fleet Activities Yokosuka) in the US Navy, but I'm planning to return to the US to expand my real estate journey. I discovered BiggerPockets through Spotify.

    I already own a single-family property in Hampton, VA, purchased using a VA Home Loan, but I'm new to real estate investing and unsure how to leverage this property to grow my wealth. I'm seeking guidance on what my next steps should be—whether that's turning it into a long-term rental, exploring house hacking when I return, or using it to build equity for future investments. My goal is to make the most of this property and start building a portfolio within the next 12 months after returning to the US.

    I'm here to soak up knowledge, connect with other investors, and figure out the best path forward. Any advice for a beginner in the Hampton, VA market, especially on leveraging a property with a VA loan or transitioning from military life to real estate investing, would be greatly appreciated! Looking forward to engaging with this community and welcoming other new members too.

    Welcome to BiggerPockets!

    I recently retired from the Air Force and have five properties. Three are VA loans.

    If you have enough eligibility, I recommend purchasing another property with your VA loan. If it can be a multifamily, that’s even better.

    Maximizing on your VA loan benefit is a great way to build your RE portfolio.

    I wish you all the best.

  • Investor · Hampton Roads Virginia · Member since 2021 · 3 posts · 1 vote
    11mo

    @Melmar De Jesus Welcome to the Biggerpockets Community, you are in the right place and this is where I got my start to my Real Estate career.

    When it comes to figuring out the best way to rent your first property in Hampton, I will say, I ended up doing Mid-term rentals and house hacking with my properties and I am going to continue to do so for many reasons!

    I am also in a similar situation, trying to figure out the best way to continue to leverage the mighty VA loan and the current equity in the homes!

    I would love to connect and really get into the details of our deals. Thank you!

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