A Surprising Fact About Owning a Rental Property in Arlington Virginia

One surprising fact about owning rental property in Arlington, Virginia is the consistent high demand due to the presence of several government offices and private enterprises in and around the area. Despite its relatively high cost of living compared to other parts of Virginia, Arlington continues to attract a steady flow of residents who value its proximity to Washington D.C., numerous job opportunities, and high-quality amenities. This consistent demand often results in shorter vacancy periods for rental properties, allowing landlords to enjoy a more stable rental income. However, the property prices and cost of maintenance in Arlington are also higher compared to other areas. Therefore, the potential for profit must be carefully balanced with the necessary investment. In addition, Arlington's strong focus on sustainable living and environmental conservation may surprise some landlords. The county has rigorous energy efficiency and environmental standards that rental properties are expected to meet. This means property owners may need to make additional investments to ensure their properties are eco-friendly, but this also can make the properties more attractive to the growing demographic of renters who prioritize environmentally-conscious living. Despite these potential challenges, the potential benefits of owning rental property in Arlington, VA can outweigh them, making it a surprisingly attractive location for savvy real estate investors.
Real Estate

Will Nesbitt

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Will is the principal broker of Nesbitt Realty and Condo Alexandria. He is licensed in anywhere in the Commonwealth of Virginia, but focuses on those communities found in and around Alexandria, Arlington, Mount Vernon and Springfield/Franconia. Will has been involved in real estate management, sales and investment for more than twenty years. He is a veteran of the U.S. Army. While in the army, he studied Russian at Monterey's Defense Language Institute. He is also a "veteran of the dotcom wars" and built most of the sites associated with NesbittRealty.com Will currently resides in Belle Haven Estates just outside Old Town, overlooking New Alexandria. He is a former president of the Mount Vernon Youth Athletic Association and founded the Alexandria Fun with Friends Group. Will is the author of BattlestorM, a tabletop fantasy game, which was published by Ral Partha Publishing in the late '90's, and Arthur's Realm, a boardgame available at the Gamecrafter.