On Thursday last week, my Meet Up Group and I viewed a couple bank owned properties. 1415 Northgate Sq in Reston, VA is a 3bd 2bth that was originally listed for $242,500 and has been reduced to $218,000. Other comparable 3bd 2bths sold this year went for $264k (August) and $280k (June). The following is a quick investment analysis that I use to determine whether or not to an investment would be a good fit in my investment portfolio. Hopefully this can help you in your invest

Market Activity The following analysis discusses market statistics of condos in the Reston, VA area, specifically in zip code 20190. Closed Sales vs. Active Listings The trend of active listings of condos/coops in Reston increases in January 2014 through the present. If you notice, during that same time frame, the level of closed sales remains relatively consistent and flat. This widening gap between active listings and closed sales indicates an excess of supply in the market

On Thursday this week, my Meet Up Group and I toured a couple bank owned properties. 11204 Chestnut Grove is a 1bd 1bth condo located in Reston, VA. It was originally listed at $208,000 but has been reduced to $168,000. The following is a quick investment analysis that I use to determine whether or not to an investment would be a good fit in my investment portfolio. Hopefully this can help you in your investment property search! 11204 Chestnut Grove Investment Analysis Proper

Should I buy a townhouse or condo?? To answer this question, let’s take a look at some pros and cons and clarify some of the misinformation out there. Form of Ownership The word “condominium” does not refer to the type of building or construction design (apartment, townhouse, garden homes, etc.) it refers to a form of ownership of real estate. In a condominium, or condo, the owner has full ownership of the inside of the unit plus an undivided interest in ownership of the comm

News Headlines Consumer News 08/09/2016: Reston Town Center Announces Huge Change to Parking in the Area Paid parking will begin in Reston Town Center on 09/12/2016. Parking fees will not be charged on weekends and during special events. Reasons for paid parking include: Increased use of RTC parking by commuters using the Wiehle Metro station which limits parking for patrons. This issue will only get worse as the second phase of the Silver Line is constructed by 2020. Improve

In this world nothing can be said to be certain, except death and taxes. Benjamin Franklin Taxes aren’t going away anytime soon, so it is incredibly important to mitigate this expense as much as possible. Unlike other investment vehicles, real estate offers a wide array of benefits that can help you shelter your income and capital gains from taxes. Here are the top 6 tax advantages of investing in real estate: Note: I am not a CPA, so be sure to reach out to a tax professiona