All Forum Posts by: Dimitri Paspalaris

Thank you everyone for the insight. Learning about RE has been eye opening for me and everyone has brought up very good points. 

@Jaron Walling I am stationed in Monterery with the military. I am gonna take the 50k and put into some RE in Jax, FL my hometown. I probably should have mentioned it in my original post. 

@Christopher Phillips Thanks for the insight and I agree with the numbers you provided. My goal is to find great deals and have at least a 9% return.

@Christopher Phillips thanks for the insight. I already max out my tsp roth and roth ira. I am pulling out the 50k from my taxable funds. I do not have an issue paying the fees. I am just starting to see that re is just a better deal than stocks. Plus I have more control over the asset in RE than I do in stocks. 

@Pat L. Thanks for the advice. What properties do you like to go get and what advise would you give a noobie like me? Thanks

Currently have 50 k in the stock market and I think the market is about to dive. What do yal think about pulling that out and investing it in a property. Thanks for the help.

Good morning everyone. What percentage do yal typically set aside for vacancy,repairs,capex, and pm. I am thinking 8%,5%,5%, and 10% is this decent or should I up the percentages?  Thanks

Is the 32244 an area worth investing in Jax, Fl. Thanks for the help

@Christopher Phillips

Thanks for the information. 

Question can I use an approved mortgage like a preapproved car loan and shop around or do I need to actually have a property and offer done? If this is true how long is the preapproved mortgage good for. I am new to this.Thanks for the help.

Gundam. 

@Greg Gaudet

Greg thanks for the info and I will give him a call if I luckily end up back in paradise.  Thanks again