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.

  1. Get 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

Our small business gets big results.

Properties in Carlyle District

2050 Jamieson Ave #1301

OPEN SUN 1-4. 2BR/2BA+Den in The Jamieson. Unsurpassed luxury & convenience w/ c. 1,500sqft. Only private terrace in bldg. Master suite to die for w/ sitting room & walk-in-closet w/ built-ins, complementing dual vanity & separate tub/shower. Features incl windows on 2 sides flooding the condo with light, a storage unit, & 2 garage parking spaces. Maid svc, gym, & room discounts avail fm Westin.[$699,000 - Alexandria, VA 22314]

309 Holland Ln #332

Couple blocks to King St. Metro Sub-Station & US Patent Office!!! Free King St. Trolley to Potomac River. Enjoy Oldtown Alexandria living with many restaurants within few blocks. Wholefood Grocery accessible from the condo above or under ground. Sunny & Quiet top Floor unit facing Courtyard equipped with outdoor tables & chairs. 1 garage parking & Xtra Storage bin #65 conveys. Avail. Sept.1.[$510,000 - Alexandria, VA 22314]

1404 Roundhouse Ln #306

Sunlight fills sophisticated 2 lvl condo that embodies Old Town living! Walk to metro, Whole Foods+more. LR wa gas FP & stylish DR=formal entertaining. Custom home office space. Escape the hustle of every day life while relaxing on 2 balconies that overlook green space. 3 parking spaces- RARE! Both BRs w/ensuite. BR lvl lndry. All BAs updated & reno KIT w/SS apps+granite. Amenities-Pool,gym+sauna.[$597,500 - Alexandria, VA 22314]

520 John Carlyle St #118

2 LEVEL 1ST FLOOR UNIT. Sunny, light-filled contemporary loft with soaring ceiling and giant windows. Roomy, 2nd-floor office/study. New Hardwood floors throughout. Granite Counters and Stainless Steel appliances in kitchen. Gorgeous Courtyard. Walk to King St. Metro, Whole Foods, Starbucks, Restaurants, Parks & More. Pool & Gym Membership available. HURRY. PRICED BELOW TAX ASSESSMENT.[$699,000 - Alexandria, VA 22314]

309 Holland Ln #237

Modern luxury Condo, above Whole Foods. 2 blocks from King St Metro! Best view in bldng. Private Balcony overlooks scenic courtyard. Full of sunlight. NEW HW floors. New carpet in MBR. Just Painted. 1 Garage space conveys! S/S Professional appliances, granite, & ceramic. W/I + 2 more closets. Laundry in Condo. Personal Storage unit on Balcony. Exercise Rm. Walk to dozens of shops & restaurants.[$359,900 - 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.