Common Risks Involved in Real Estate Investments

Call Stuart Nesbitt for Northern Virginia Real Estate
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.

property managment
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.

We have experience working Northern Virginia and can save you thousands on your purchase.

Properties in Carlyle District

2181 Jamieson Ave #404

Beautiful condo in the heart of Alexandria. The largest bedroom for the size in the Carlye Tower. The home features a kitchen with brand new appliances, a separate dining room, fireplace, separate closets, a great size master bedroom, a balcony including a ceiling fan, and the washer and dryer are inside the condo. Great location to shops, restaurants, and minutes to the King Street metro.[$455,000 - Alexandria, VA 22314]

1307 Wilkes St

Welcome to Majesty West! Stunning community of lux new construction TH's in Old Town Alexandria w/ 2 car garage, HW flrs throughout, white carrera marble tops w/ waterfall island, GE Monogram SS appliances, 100% Energy Star certified home, soft close maple cabinetry, Kohler sinks, Moen faucets, 9' ceilings & open loft top level w/ 2 expansive rooftop terraces perfect for entertaining![$1,134,000 - Alexandria, VA 22314]

309 Holland Ln #335

OPEN SATURDAY 12-4 - Prime Location above Whole Foods and just one block to King St Metro. Property is in mint condition, comes with a full size parking space (optional 2nd space available for an additional fee), newly updated with fresh paint, well appointed kitchen with granite and stainless appliances, top floor location and view of courtyard. New refrigerator coming soon.[$550,000 - Alexandria, VA 22314]

1315 Wilkes St

Welcome to Majesty West! Stunning community of 22 lux new construction TH's in Old Town Alexandria w/ 2 car gar, HW flrs throughout, white Carrara marble tops w/ waterfall island, GE Monogram SS appliances, 100% Energy Star cert home, soft close maple cabinetry, Kohler sinks, Moen faucets, 9' ceilings & open loft top level w/ 2 expansive rooftop terraces perfect for entertaining![$1,134,000 - Alexandria, VA 22314]

2121 Jamieson Ave #801

Enjoy the ease of one-level living in this lovely condo home with fantastic vista of G.W. Masonic Memorial in luxury community just blocks to King St. metro, shopping, dining, entertainment. Wood floors throughout, granite and ss appliances in kitchen, updated baths, extra storage in building, bonus space in enclosed sunlit balcony. Amenities galore with 24/7 concierge, gyms, pools, tennis & more.[$549,900 - 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.

22203 real estate agents
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

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

Hayfield real estate agents
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.