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I have been asked time and time again, "Is a vacation home a good investment?"
My answer is always, "Yes!" Why you ask? Virginia Beach has become one of the most favored vacation spots in the United States. Some of the reasons being our beautiful beaches, breathtaking sunsets, sunny weather, exceptional golf courses, and shopping, shopping, shopping! With the stock market being inconsistent at best, these days you can't go wrong with real estate. Our area has grown so much over the past years and we're running out of land to develop and build. This has caused our area to experience a surge in property value. So, whether you're looking for a second home or an investment property to rent out for extra income, you can't go wrong. We offer townhomes, condominiums, and single-family homes close to the both the Atlantic Ocean and the Chesapeake Bay. Living here for many years has made me realize I would never want to live anywhere else. There's nothing more relaxing after a long day than taking a walk on the beach, or just sitting and watching the sun set over the water. In an effort to give you an idea of what to expect financially for both short and long term rentals, I've prepared two different scenarios for you to review. Click on the following links to review the financial analysis, or feel free to contact me for more information. Investment Property Analysis Please let me know if I can help you achieve the type of dream that thousands of people live every day in Hampton Roads!  |
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