When you are first starting out with investing in houses, you should always look for ugly or bad houses that need a lot of work. These homes are much cheaper to purchase, although they will take some work to improve. You should start out by looking for houses that need some work, such as clean up, painting, and in some cases new carpet. You don’t want to buy something too run down, as it could cost a fortune to repair.
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If you think of yourself as a handyman and feel that you can do the repairs yourself, you can save a lot of money. On the other hand, if you need to hire someone, you should always make sure that the individual or company that you hire is qualified to do the repairs. If you aren’t comfortable with doing any of the repairs, you should inquire about a subcontractor or company that will do it for a reasonable price, or perhaps a share of the money once you have resold the house.
If the house you are thinking to purchase and resell has any type of structural problems, you should always get an estimate from a reliable contractor before you make the purchase. If you decide to stay in the business, you’ll learn a lot more over the years, although you should always hire a contractor when you first start out. Once you get all of the estimates together, you can make that final decision on how much of an offer you want to put down on the property.
After you have a team together and successfully renovated and resold several homes, you’ll begin to feel quite a bit more confident with buying homes that need repairs. All it takes is time and practice - and you’ll be buying homes that the average investor wouldn’t think twice about. This can be a huge advantage when you are looking for homes to buy and resell, as there will be less competition to worry about. You’ll also be able to get a lower price when buying the home, simply because you can use the cost of the repairs to your advantage.
Once you are able to do repairs on homes, including structural problems, you’ll have a huge advantage in the market. You’ll be able to buy virtually any home, including those that other investors choose to ignore. Doing so can be very profitable for you, especially if the house is in a well known and well desired neighborhood. After you have done the repairs, you can resell the home for a much higher price than you paid to acquire the home.
When you start looking for houses that you can repair and resale, you should always take your time and buy the right homes. You won’t have the money, time, experience, or support to buy the bigger houses at first, which means you won’t have any room for mistakes. Once you have purchased and resold a few smaller homes, you’ll eventually be able to work your way up to the bigger homes - which is where the big profits will come into play.
Always keep in mind that when you first start out, you’ll need to take things slow. You can expect profits to come overnight, as it will take you some time to learn. Once you have been at it a few years and have several houses to your credit, you’ll be ready to tackle anything. At that point - you’ll make a lot of money in a career that is truly exciting.
Properties in Arlington
Welcome to this freshly renovated home, boasting four bedrooms, three bathrooms and nestled in an idyllic neighborhood.
Step inside to discover the modern charm of your new home.
The spacious living area welcomes you with abundant natural light, filtering through large windows and creating an inviting ambiance. Adorned with gleaming hardwood floors and freshly painted walls, the open-concept layout seamlessly connects the living room, dining area, and kitchen. Perfect for both entertaining and everyday living.
The gourmet kitchen is a chef's dream, featuring brand-new stainless steel appliances, quartz countertops, tile backsplash, and ample cabinet space. Whether you're preparing a casual breakfast or hosting a dinner party, this kitchen is sure to impress.
Retreat to the luxurious owner’s suite, complete with a walk-in closet and a spa-like ensuite bathroom. Pamper yourself in the oversized shower with dual shower heads. Three additional bedrooms offer plenty of space for family and guests, each with its own unique character and style. The three bathrooms have been meticulously renovated with modern fixtures, designer tiles and stylish vanities.
Step outside to the private backyard oasis, where you can relax on the patio and enjoy the tranquility of the beautifully landscaped yard. Perfect for outdoor gatherings, barbecues, or simply soaking up the sunshine.
All new windows!!! ...other highlights of this home include the covered back porch, a convenient laundry room and multiple upgrades throughout.
Located in a sought-after neighborhood, this home offers the perfect combination of comfort, style, and convenience. With its impeccable renovation and desirable features, this is an opportunity not to be missed. Come experience luxury living at its finest in this stunning four-bedroom, three-bathroom home.
Walk to Bluemont Park, tennis and trails. Minutes to DC, Tysons Corner and McLean. [Boulevard Manor - $1,250,000]
We are ACTIVE again !!**************** Relax from the stresses of this hectic world with days and evenings full of beautiful views ,sunsets, and great spaces for entertaining elegantly or just living comfortably.
***This 4 BEDROOM 3 .5 BATH LUXURY DUPLEX PENTHOUSE has an ENORMOUS BALCONY and beautiful GOURMET kitchen ***And this condo gives you choices, You could also enjoy the outdoors from the smaller ENCLOSED balcony .which is on the lower level. (1st floor)**On that first floor we boast 2 ensuite bedrooms and the Library/small bedroom, the enclosed balcony and a laundry area .(LAUNDRY #1)***And UPSTAIRS, - The Divine Living Spaces, where you can access the balcony from 3 different sets of doors . ** Just around the corner from the living room , out of site are the Large Capacity WASHER AND DRYER ,(which gives this condo IT'S 2nd LAUNDRY AREA,), .The half bath is also just around the corner from the living room area. ****Down the open hallway is the entrance to the Dining Room, there you will find two very elegant wood and glass enclosed cabinets one for wine storage and just opposite that another glass enclosed cabinet that can be used as a showcase .** *This upscale kitchen has a VIKING stove , and even a GROHE faucet as well as excellent , chic, cabinets , shelves and drawers for innovative storage solutions.***Please note , thebuilt-in capuccino machine conveys as is!****The 2nd floor(top floor) also has a BONUS ENSUITE BEDROOM .****
**In addition to this building being conveniently located above the Ballston Metro ,There are 2 GARAGE PARKING spaces on the G4 level that convey . Also there is an EXTRA STORAGE BIN on the 8th floor- But with all of the wonderful closet space in the unit , You might not even need it.****The unit is currently being occupied by wonderful tenants who will be there til the end of May.*** [Alta Vista Condo - $1,135,000]
Welcome to your new home at 2503 Arlington Blvd, nestled in the highly desirable Cambridge Courts Condominium community! This charming 1-bedroom, 1-bathroom condo presents an inviting living space with a private entrance, showcasing a freshly custom-painted interior and recent flooring upgrades in the living and dining areas.
The bedroom features new carpeting, and the bright kitchen is adorned with granite counters and stylish cabinets.
The unit's park-like setting offers a serene atmosphere while being conveniently located mere minutes from DC, the Pentagon, and Clarendon. With the Metro station just 1.3 miles away and easy access to major routes, this home provides the perfect blend of tranquility and accessibility. Plus, ample parking ensures convenience for residents and guests alike.
Enjoy a lifestyle of convenience and leisure, with the Clarendon Metro, Arlington Cinema and Draft House, popular restaurants, and an array of shopping options all within a mile. Nearby parks, fitness centers, and entertainment venues offer opportunities for recreation and relaxation. Additionally, the property's proximity to major landmarks such as the White House and the Pentagon adds to its allure.
Don't miss this opportunity to make this delightful condo yours. Schedule a viewing today and experience the best of North Arlington living! [Cambridge Courts - $310,000]
VALUE IS IN THE LAND.
LISTING INCLUDES TAX ID#32-004-009 FOR A TOTAL OF 7875 SQ. FT. STONES THROW TO PENROSE SQUARE, STARBUCKS, GIANT, ARLINGTON CINEMA AND DRAFT HOUSE. INCREDIBLE LOCATION. LOTS ARE PART OF ARLINGTONS EXPANDED HOUSING OPTION, COULD BE A DUPLEX OR SOMETHING SIMILAR. CHECK WITH COUNTY FOR DETAILS. PLEASE DO NOT WALK THIS LOT OR BOTHER TENANTS. CONTACT THE LISTING AGENT FIRST. [Columbia Heights - $1,100,000]
Stuart Nesbitt is a Realtor® licensed in the Commonwealth of Virginia. His office is located in Fairfax County near the City of Alexandria in Belle Haven. He was born and raised in Northern Virginia and attended Fairfax County schools. Call him at any time to discuss your real estate needs.
