September 29, 2009
Owning investment property in the Outer Banks of North Carolina is a “dream come true” for many investors.
But it requires careful planning and knowledge about the realities of owning vacation rental property.
It is not something you jump into without planning, not if you want to do it right. In this 6 part series on Outer Banks investment property fundamentals, we discuss some of what you will experience in the process of researching and eventually buying your first or next rental property in OBX.
Seasoned real estate pro, Barb Connery discusses lots of vital information that smart investors should be fully aware of before they make their move.
In this episode we discuss “investment to retirement” strategies. What do investors wanting to buy a rental property with an eye toward retirement need to know? Will your rental property work as a retirement home? How can you get the best of both worlds? What about IRA and 1031 Exchange strategies for owning Outer Banks real estate?
If you are considering investment and/or retirement property in the Outer Banks listen to all six episodes in the series, and get subscribed to Real Estate in Chantilly so you can receive our periodic updates from our blog feature, Outer Banks Update.
September 23, 2009
Walking along the beach while on vacation in the Outer Banks of North Carolina, maybe you have thought about how grand it would be to own an OBX investment property.
That is how is starts for many OBX investors.
It’s an achievable dream, but it starts with knowledge and insight about the real Outer Banks. This OBX is just as lovely as the one tourists see while on vacation, but it includes the information that wise investors need to know before they jump into a rental investment property.
In part 5 of our 6 part intro series on OBX investment property fundamentals, we discuss the advantages and disadvantages of various investment choices. The Outer Banks is not a one-dimensional investment location. You will need to make choices between types of properties. In so doing it is important to be aware of the trade-offs inherent in these options.
Join us as we work our way through a set of core insights about buying property for investment, second home, or retirement in the Outer Banks. If you ever plan on owning property in this charmed location you will need to go into your investment decision having done “due diligence.” Don’t miss a single episode in the series, and get subscribed to Real Estate in Chantilly so you can receive our periodic updates on investment and retirement property in the Outer Banks.
September 18, 2009
Many Northern Virginia home owners who have vacationed in the Outer Banks have thought about the possibility of investing in a rental property or retiring to the OBX area.
It is a dream that many have made into a reality, but knowing how to make it happen does require knowledge and motivation.
In this 6-part series we discuss the insights and strategies to make your Outer Banks investment or retirement home buying experience a good one.
You can be inspired by the beauty of OBX, but you will also need a practical strategy to move your goals toward ownership of real property. We describe at least some of the major issues you are likely to deal with in buying OBX real estate, and how to navigate through the challenges and potential pitfalls.
What is the OBX rental season and is it possible to extend it somewhat through smart property management?? How important is location vis a vis the length of your rental season? A critical issue discussed in this show is: “What is the mindset of the OBX investors who seem to navigate through the buying and renting process with the most success?” What should you be focused on before you make your OBX move? How can you best use your real estate agents talents? And, what is the one thing that smart investors do all the time, that less successful investors do not do?
Stay updated on investment and retirement insights through our new blog feature, “Outer Banks Focus.” We invite you to listen and get subscribed to Real Estate in Chantilly so you don’t miss a single information-packed show.
September 14, 2009
Owning a rental property, second home or even retiring in North Carolina’s Outer Banks is a dream many have, but it does take knowledge and planning to make it a reality.
If you have vacationed here and come under the spell of OBX magic, you may think you know it pretty well. But, you may not know it as well as you think. Barb Connery of REMAX Ocean Realty takes us on the insider’s tour of the real Outer Banks…the one you will need to know about to be a successful investor. We go beyond the spectacular coastal beauty of this “addicting” vacationland and into the hard core insights that will assist you in making a set of smart moves, should you be considering buying property in the OBX.
We don’t cover everything, but we’ll give you a heck of good foundation and you will have contacts you have some familiarity with should you be making plans and want more information.
If you have ever dreamed of investing in your own little piece of Outer Banks magic, this series of shows is just for you!
What is your most important foundational consideration? What are the current entry level price points? How have foreclosure and short sale properties impacted the OBX market? What should you know about owning vacation property so that you avoid unpleasant surprises after your investment? What kinds of time frames are realistic for most investors?
We exam these and other important considerations for anyone thinking about owning property in the Outer Banks.
Stay updated on investment and retirement insights through our new blog feature, “Outer Banks Focus.” We invite you to listen and get subscribed to Real Estate in Chantilly so you don’t miss a single information packed show.
September 8, 2009
If you have ever considered investing and/or retiring in the Outer Banks of North Carolina, this set of podcasts on the OBX is just for you.
Many who have experienced its magic and charm have considered the possibility of either buying an investment rental property, or even retiring in the OBX area.
To give anyone from Northern Virginia and the DC Metro area (as well as our readers elsewhere) the opportunity to learn more about the Outer Banks investment and/or retirement possibilities and realities, we have launched a new blog feature, Outer Banks Focus.
We begin this new feature with a set of six shows with our strategic partner in the OBX, Barb Connery of REMAX Ocean Realty. Barb has over two decades of experience in making dreams come true for OBX investors, second home owners, and future retirees. She shares the “secrets” and insider insights that you probably won’t read in the marketing brochures.
In this episode Barb Connery shares the single most important mindset shift that successful investors must make before they buy OBX property. Many who are new to Outer Banks investment don’t know the “ins and outs” as well as they think they do. We also take a short tour of the incredible diversity of the OBX, from the wild natural sand dunes of the Four wheel Area on down to the charm of Ocracoke.
Stay updated on investment and retirement insights through our new blog feature, “Outer Banks Focus.” We invite you to listen and get subscribed to Real Estate in Chantilly so you don’t miss a single information packed show.
September 4, 2009
Investing in the Outer Banks (OBX) of North Carolina is a dream that many have made into a reality.
In this new regular feature of Real Estate in Chantilly we launch our first episode in a series on how to start thinking about and planning for investment and/or retirement in the Outer Banks of North Carolina. We interview our strategic partner in the OBX, Barb Connery of REMAX Ocean Realty. Barb has been helping investors and others achieve their OBX real estate goals for over two decades. She knows the “ins and out” of OBX property from top to bottom. In this series she shares what prospective buyers need to know about the actual realities of owning property in this area.
What has the real estate downturn done to property in the Outer Banks? What are the opportunities? How much have prices fallen off? What are the two very different real estate markets in the OBX?
This series of opening shows for “Outer Banks Focus” builds a good foundation for anyone who has considered investing in an OBX property for rental income or retirement, or both. We cover a set of key issues that investors and future OBX property owners will need to be keenly aware of before they begin their property search.
What is the special charm of this unique stretch of shore line? Why does it enchant visitors and cause some to act on their dreams? What does it take to move from dream to reality when it comes to owning a piece of the OBX magic? Listen and get subscribed to Real Estate in Chantilly so you don’t miss a single episode or blog post on your personal source for OBX information!
September 1, 2009
EPISODE 18 - REAL ESTATE IN CHANTILLY
Chantilly and Northern Virginia area home sellers looking for a competitive advantage in the marketing and sale of their home should take a good look at enhancing energy efficiency.
In this series of episodes with Ardently Green, Inc. founder, Bob Weatherwax, we discuss how enhancing your home’s energy profile can add value now, as well as give you one more advantage when it comes time to sell your home.
In Part 5 of this series we discuss the basics of alternative energy use for residential home owners. Solar, wind, and geo-thermal approaches are briefly discussed. Where do you start when considering these technologies? How practical are they for residential use? What do you want to make sure to know before starting an alternative energy application for your home?
Who should listen to this series?
Anyone anticipating the sale of their home within the next year, who sees energy efficiency as a powerful added selling point in the marketing of their home. Additionally, home energy efficiency is a win on several other levels. It helps home owners save money on escalating energy costs, provides a more comfortable and clean living environment, reduces the environmental impact of energy waste, and adds to the long term goal of national energy independence.
Before you sell your home, take a good look at how energy efficiency can play a role in your selling strategy. Or, if the sale of your home is not in the short term future, consider how these strategies can save money now and add value to your home when it does come time to sell.
