Inventory , Inventory. Inventory. March 2012 was the 15th month in a row where the month over month inventory numbers were less than the prior year. And it was the 7th month in a row with a deficiency greater than 10%. Many of my buyers are either not finding the type of home they want […]
On this bright Saturday morning, hundreds of young kids will be gathering at Yeonas Field in Vienna to kick off the start of another Little League season. Some are being introduced to the national pasttime for the first time and others are 12 year old “veterans” playing their last year and hoping to represent Vienna […]
I recently had a investor client call saying they would need my services to help rent out their property in Vienna VA. This is a property they bought for $225,000 and is now worth $325,000. They are blessed to have been able to pay off the home and own it free and clear.
This client has called a few times over the past two years and asked about buying another property but even though they were able to pay off the existing rental, there is not much cash available now to purchase a new investment and for various reasons (mainly being that they recently purchased a principal residence with me) the numbers never seemed to work for that next investment. So when I heard that their long term tenant had left and they wanted to rent it again, I proposed they sell it instead and here is why.
