Common Risks Involved in Real Estate Investments

Call Stuart Nesbitt for Northern Virginia Real Estate

While a good many millionaires will agree that their fortunes were made in real estate, the honest ones will also tell you that they’ve probably lost a few fortunes in real estate along the way. This is a risky business and every property purchased doesn’t always pan out to become a successful investment. There are many risks involved in real estate investing and you would be going to battle unprepared if you didn’t take a moment to carefully study these risks and work to avoid them when planning your property investment strategy.

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What Do Property Managers Do?

Property managers can come in the form of a person or a company. Either way, what they do can be simply summarized as: getting paid to oversee a real estate property on behalf of the owner.

The responsibilities of a property manager include (as applicable) dealing with the property’s tenants, facilitating repairs or improvements necessary for homes, assuring overall cleanliness and general maintenance of the property, landscaping, etc. This is, of course, in line with any arrangements the property manager has agreed upon with the owner.

Amin & Will in Lowes

It is possible for a property manager to handle multiple properties and interface with several owners. Services offered may also differ depending on the type of property and what was initially agreed upon with the owner. For example, in the case of vacation homes, which are only periodically occupied, greater security measures may have to be employed by the property manager. The property manager must also be certain that everything is in place and ready whenever the owner comes over for vacation.

There are also cases when the property manager is tasked to handle a commercial property, wherein one of the requirements is to operate the business (if the manager is qualified) as well as managing the property itself.

For a property manager to be effective, he or she must be able to maintain a good relationship not only with the owner of the property but also the tenants. This should be done on top of the core duty of maintaining, beautifying and keeping in order the real estate property.

With the right property manager, owners can rest assured that their properties are in good hands and tenants can enjoy the satisfaction of living in a secure, well-maintained and beautiful home.

5 Reasons to Hіrе a Prореrtу Manager

  1. Better tеnаntѕ
  2. Sреnd lеѕѕ time in соurt
  3. Fill vacancies fаѕtеr
  4. Nо mоrе сhаѕіng rеnt
  5. Mоrе free tіmе аnd less stress

Learn more about our property management services

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Properties in Carlyle District

2151 Jamieson Ave #308

Fabulous floor plan w sunny eastern/southern exposures. Eat-in kit,large laundry area, walk in closet, foyer, curved Sunroom in addition to unit finished SF. Wood floors LR & DR. New carpet in MBR and BR2. MBA has sep shower, double vanity, large tub & more closet space. One gar space just outside the door 3-86. Floor plan attached. By-laws allow 1 PET. A delightful sunny unit facing east!.[$535,000 - Alexandria, VA 22314]

309 Holland Ln #220

2 Bedroom, 2 Bathroom, modern condo above Whole Foods. Features granite, wood floors, w/d, stainless appliances, newer paint, etc. 10' ceilings, balcony & large windows create bright, light home. Price includes 1 garage. Blocks to King St. metro, shops, restaurants, movies, waterfront, Patent Trademark Office, NSF & more. Enjoy a gym, courtyard & lounge w/free wifi. Storage available for rent.[$500,000 - Alexandria, VA 22314]

1304 Duke St

Welcome 1304 Duke St! This 3-level, all-brick end unit TH-style condo includes: 3 bedrooms with en-suite bathrooms, hardwood floors, granite countertops, SS appliances, patio off the kitchen, terrace off the owner's suite, 2 assigned parking, storage unit + more! Situated in a prime Alexandria location, close to: metro stop, restaurants, groceries, Old Town, downtown DC, major routes + more![$849,900 - Alexandria, VA 22314]

2050 Jamieson Ave #1110

DRAMATIC PRICE REDUCTION. Seller says lets get this #UrbanCastle sold! Sunny and spacious 2BR/2BA condo at The Jamieson features SS/ granite in kitchen; HWF; enormous owner suite w huge walk-in closet; stunning views; assigned pkg. Secured building Proximity to metro, dog park, Whole Foods, retail, nightlife, Old Town. Quiet with ease of access to major traffic arteries.[$459,000 - Alexandria, VA 22314]

402 John Carlyle St

Unique 4 lvl TH w retail on main lvl w 2 car garage & faces park. 2 Master suites, eat-in kit w/granite, open main lvl w/tall ceilings, wd flrs, gas fpl & Palladian windows overlooking park! Ground lvl retail space (420 sq ft) w/ADA 1/2 bath can be leased. 4th lvl w/full bath can be 3rd bdrm or FR w/new SGD to rooftop terrace. Move-in Ready! Blocks to Metro, Old Town, Whole Foods & restaurants![$989,000 - Alexandria, VA 22314]

For more information or to set up an appointment call Stuart at (703)765-0300.

Why do residents of Ballston love the Hawthorn?

The Hawthorn combines urban sophistication and modern elegance with convenient on-site amenities. The Hawthorn is located at 820 N Pollard Street, Ste 102 Arlington, VA 22203.

Nesbitt Realty can help you buy and sell real estate in 22203.
The Hawthorn provides a full palate of amenities, services and security. Highlights include:

  • A fully-equipped fitness center
  • An on-site business center
  • Garage parking
  • Individual storage spaces
  • Landscaped courtyard
  • Outdoor seating
  • Ground-floor retail
  • Metro accessible

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Find a home for sale near Hayfield Plaza Shopping Center of Alexandria

Nesbitt Realty can help you buy and sell real estate in Hayfield.

The Hayfield Plaza Shopping Center is located off of Telegraph Road in Alexandria, Virginia. Hayfield is located between Newington and Franconia, where downtown Hayfield is located near several gates of Fort BelvoirHayfield. For commuters who live in Hayfield but work elsewhere, the Hayfield Plaza Shopping Center off of Telegraph Road provides both variety and convenience in the same, easy location.

The Hayfield Plaza Shopping Center’s chief business and shopping mainstay is a Giant Food and Pharmacy grocery store; but other businesses include a Subway Restaurant, an H&R Block Income Tax Service, Hayfield Dental Care, Stone Hot Pizza, House of Dynasty Restaurant, the Hayfield Urgent Care Center and more.

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Properties in 22315

For more information or to set up an appointment call Julie at (703)765-0300.