Stuart strikes a pose at the office
If you really want the best deals in investment properties, you have to increase your odds by finding more deals. Who is more likely to get a cheap apartment building, an investor that looks through the MLS listings and calls it a day, or the one that uses ten resources? Here are the ten:
1. Talk. Let people know you are looking and sometimes the properties will come to you. There are a lot of owners out there who want to sell, but haven't yet listed their property.
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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.
Are You in Need of a Property Manager?
There are many advantages to hiring a property management company in {Location_Name}; however, there is also an expense associated with hiring a property manager. In addition to the cost attached to property management, there are also other reasons why property management may not be suitable for your needs. There are factors to consider in order to determine whether hiring a property management company is ideal for you.
Ask yourself these questions as they will be helpful in determining whether there is a possibility that you need the services of Nesbitt Realty.
Will you be living and working in the vicinity of your rental property? Northern Virginia is a very transient area. We have more than our share of military, diplomats, State Department, political appointees, and academia. If you are being transferred across the country or halfway across the globe, it may be a good idea to have a professional organization manage your rental property. Simple tasks may become complicated very quickly when you are not present to manage the details.
Are you interested in handling all details of property management? There are some landlords who look forward to the challenge of finding good tenants in {Location_Name}. Other landlords are of the opinion that maintaining a property and managing the details are rewarding, and they enjoy taking late night calls. On the contrary, if you think rental property ownership is laborious and want little or nothing to do with the everyday management of your properties, you may consider hiring a property management company to manage your property.
How full is your schedule? As rewarding as hands-on management is, you may not have much time to devote to your property management business. If you already have a full plate, then the last thing that you look forward to doing is nonstop worrying. Thus, hiring a property management company may be one of the best financial investments that you have made.
Is the cost affordable? We will be honest. If you are considering hiring a property management company, it will be a much more attractive option if you are able to afford it. If monthly cash-flow is not an issue, you will prefer to save money by paying a property manager and writing off the expense. However, if at the end of every month cash is not readily available, you may not want to hire a property manager.
Can you afford the risk? Do you understand the Virginia Residential Landlord Tenant Act? Do you know what are the tenant's rights? Do you know what are your responsibilities as a landlord? The more you familiarize yourself with property management in today's litigious culture, the more you will understand the value of having a professional who is always available to handle your matters.
Do you have easy access to a network of maintenance people? All properties require maintenance. When your tenant calls you because the property is in need of repair, will you know whom to call and what to do in a timely manner? If not, you may want to consider hiring a property manager.
This delightful 2-bedroom, 2-bathroom condo resides in the esteemed Carlyle Towers, mere blocks away from the King Street Metro. Boasting trendy hardwood-style flooring, a serene color palette, contemporary fixtures, a garage parking spot, and a storage unit, this residence offers a host of desirable features.
As you step through the foyer, the inviting hardwood-style flooring sets the tone for the fine craftsmanship that awaits. The spacious living room, adorned with a glass-enclosed sunroom, offers panoramic views of the bustling cityscape—an ideal space for a home office or a cozy den. Adjacent to the living room, the dining area, illuminated by a stylish candelabra fusion chandelier, provides ample space for both formal gatherings and casual meals.
The well-appointed kitchen features white cabinetry, modern appliances, and a large angled pass-through, perfect for entertaining guests while preparing meals. The primary suite is a retreat unto itself, boasting generous space for a sitting area, multiple closets, and an en suite bath with spa-toned tile flooring. An additional versatile bedroom and full bath offer flexibility to accommodate guests or adapt to your lifestyle needs.
Convenience is key with an in-unit laundry closet, garage parking, and external storage space. Residents of Carlyle Towers enjoy an array of amenities, including outdoor pools, saunas, fitness rooms, a party room, and 24-hour security. Situated near the King Street Metro in Old Town, Alexandria, this location offers unparalleled access to shopping, dining, and entertainment options.
Commuters will appreciate the proximity to major routes, metro stations, and the future Amazon HQ2. Carlyle also provides a rush hour shuttle service to the metro and a free trolley to the waterfront. Outdoor enthusiasts can explore nearby parks and nature trails, while dog owners will delight in the Carlyle Dog Run Park.
If you seek enduring quality in a vibrant locale, look no further!
$470,000 - 2121 Jamieson Ave #1910
Garage
Spacious one-bedroom one-bath condo in Carlyle Towers with great natural light and spectacular views of the Masonic Temple, Washington DC, and the Potomac River. Open and updated kitchen has new granite counters, stainless-steel appliances. The spacious bedroom has ample storage and the sunroom adds great extra living space. Fresh paint throughout.1 assigned garage parking space and storage unit conveys. Tons of amenities in the community and a walk score of 90! Easy access to Alexandria's Waterfront, King Street, DC, the Beltway, and the Eisenhower & King Street Metro Stations. Walking distance to Whole Foods and Wegmans.
$1,125,000 - 1859 Ballenger Ave
Garage
Don't miss out on this unique chance to live in one of the rarely available townhouses nestled within the lively Alexandria Carlyle community.
Upon entering this stunning four-level townhouse, through the front door, you're greeted by a welcoming foyer. This front entrance leads you to a versatile home office/bedroom and a two-car garage.
The living room features large windows and a cozy fireplace. The kitchen is equipped with granite counters, stainless steel appliances, hardwood floors and a convenient eat-in breakfast area. With the spring sunshine coming out, you'll be ready to enjoy the gorgeous natural light from the windows, and the convenience of a kitchen balcony for grilling and a rooftop deck for enjoyable evenings with friends. The upper level has a primary suite, with a massive walk-in closet and a luxurious bathroom with two sinks, a separate shower, and a tub. Additionally, this level includes a full-size washer/dryer (so you aren't running up and down the stairs doing laundry!) and a second bedroom with an en suite bath. As you walk up to the top floor you will discover a sprawling rooftop deck with panoramic views of the community. This space can be used for truly just about anything! It is complete with a full bath as well, in case it needs to be used as a guest room.
This remarkably placed home is just steps away from Whole Foods for those last minute grocery runs, Starbucks, AMC movies, dry cleaners, and more. It is also just a short walk away from the King Street Metro station. You may never need to leave your neighborhood!
Corner view
Some of the best housing deals are on high-end homes, many over $1 million. Some of them need TLC or they aren’t in the most-coveted locations. But there are plenty of desirable properties and lots of sellers who are getting impatient.
Buyers with cash have the best opportunities. Buyers who need a mortgage should move especially quickly. With the Federal Reserve ending its purchases of mortgage securities this month, the mortgage market is likely to rise from its current low level. Even if prices fall further, the rising cost of borrowing could eliminate any savings.
As Kenneth Rosen, chairman of the Fisher Center for Real Estate and Urban Economics at the University of California, says, this is a "very good time to be a buyer at the high end."
Source: The Wall Street Journal, Nick Timiraos and James R. Hagerty (03/27/2010)
Selling A House As Is: What Does It Mean To You As The Buyer?
What goes through your mind when you see the term "as-is" in a property listing in Arlington? While some people may see this as a warning, others like real estate investors may see it as an opportunity. But what exactly does "as-is" mean?
5 Questions to Ask a Home Inspector in Northern VA
Home buyers in Northern Virginia are well advised to interview a home inspector before hiring that inspector. What should you ask if you're going to hire a home inspector in Arlington, Alexandria or Fairfax County? Here are a few ideas for questions.
Title insurance protects the policy owner against loss in the event that the property’s title or legal ownership is something other than insured. It helps ensure that the property owner is assuming clear title for the real estate being purchased. Title insurance is different than other types of insurance in that it offers protection against…
Today we're featuring this property for sale at River Towers in Alexandria Virginia. We highlight properties that are interesting, unique or just good deals. This 1 bedroom property is listed for $168,000. We like to keep our eyes open for home buying opportunities for our clients.
No active listings match your search. Contact us to get a free no obligation list of similar properties or to be notified when properties become available with your criteria.
This delightful 2-bedroom, 2-bathroom condo resides in the esteemed Carlyle Towers, mere blocks away from the King Street Metro. Boasting trendy hardwood-style flooring, a serene color palette, contemporary fixtures, a garage parking spot, and a storage unit, this residence offers a host of desirable features.
As you step through the foyer, the inviting hardwood-style flooring sets the tone for the fine craftsmanship that awaits. The spacious living room, adorned with a glass-enclosed sunroom, offers panoramic views of the bustling cityscape—an ideal space for a home office or a cozy den. Adjacent to the living room, the dining area, illuminated by a stylish candelabra fusion chandelier, provides ample space for both formal gatherings and casual meals.
The well-appointed kitchen features white cabinetry, modern appliances, and a large angled pass-through, perfect for entertaining guests while preparing meals. The primary suite is a retreat unto itself, boasting generous space for a sitting area, multiple closets, and an en suite bath with spa-toned tile flooring. An additional versatile bedroom and full bath offer flexibility to accommodate guests or adapt to your lifestyle needs.
Convenience is key with an in-unit laundry closet, garage parking, and external storage space. Residents of Carlyle Towers enjoy an array of amenities, including outdoor pools, saunas, fitness rooms, a party room, and 24-hour security. Situated near the King Street Metro in Old Town, Alexandria, this location offers unparalleled access to shopping, dining, and entertainment options.
Commuters will appreciate the proximity to major routes, metro stations, and the future Amazon HQ2. Carlyle also provides a rush hour shuttle service to the metro and a free trolley to the waterfront. Outdoor enthusiasts can explore nearby parks and nature trails, while dog owners will delight in the Carlyle Dog Run Park.
If you seek enduring quality in a vibrant locale, look no further!
Spacious one-bedroom one-bath condo in Carlyle Towers with great natural light and spectacular views of the Masonic Temple, Washington DC, and the Potomac River. Open and updated kitchen has new granite counters, stainless-steel appliances. The spacious bedroom has ample storage and the sunroom adds great extra living space. Fresh paint throughout.1 assigned garage parking space and storage unit conveys. Tons of amenities in the community and a walk score of 90! Easy access to Alexandria's Waterfront, King Street, DC, the Beltway, and the Eisenhower & King Street Metro Stations. Walking distance to Whole Foods and Wegmans.
Don't miss out on this unique chance to live in one of the rarely available townhouses nestled within the lively Alexandria Carlyle community.
Upon entering this stunning four-level townhouse, through the front door, you're greeted by a welcoming foyer. This front entrance leads you to a versatile home office/bedroom and a two-car garage.
The living room features large windows and a cozy fireplace. The kitchen is equipped with granite counters, stainless steel appliances, hardwood floors and a convenient eat-in breakfast area. With the spring sunshine coming out, you'll be ready to enjoy the gorgeous natural light from the windows, and the convenience of a kitchen balcony for grilling and a rooftop deck for enjoyable evenings with friends. The upper level has a primary suite, with a massive walk-in closet and a luxurious bathroom with two sinks, a separate shower, and a tub. Additionally, this level includes a full-size washer/dryer (so you aren't running up and down the stairs doing laundry!) and a second bedroom with an en suite bath. As you walk up to the top floor you will discover a sprawling rooftop deck with panoramic views of the community. This space can be used for truly just about anything! It is complete with a full bath as well, in case it needs to be used as a guest room.
This remarkably placed home is just steps away from Whole Foods for those last minute grocery runs, Starbucks, AMC movies, dry cleaners, and more. It is also just a short walk away from the King Street Metro station. You may never need to leave your neighborhood!
