Kathy O'Neal

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 plannng, 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.

[The Kathy O’Neal Team serves home buyers and sellers in Northern Virginia, with special focus on Chantilly, Centreville, and the communities of the Western Fairfax region.]

Download this episode (right click and save)

The Monarch Christian Academy, located just off the corner of Route 50 and Pleasant Valley Road in Chantilly, is a new option for parents interested in early childhood education for their 2 to 6 year olds.

The Academy's Executive Director, Grace Cho, gave us a warm welcome and extends the same invitation to learn more, to all of our readers. We were impressed with the well-organized layout, and highly structured, yet creative programs the Academy is offering, as well as Grace's personal commitment to the development and learning of the kids who are part of the Monarch program. Here are a few of the basics:

• Hands-on learning utilizing Montessori methods and Christian teaching

• Flexible options - half-day, full-day, year-round, 10 month, summer programs, etc,

• Lots of extracurricular activities - music, art, exercise, sign language, Spanish, etc.

• Licensed by VA Dept. of Social Services, member of ACSI and an American Montessori Society Initiative School

• Enrollment is now open for 2009/2010 school year for both pre-school and Kindergarten programs.

In chatting with Grace Cho, it is obvious that this is a "work of the heart." The Monarch team is committed to getting their young learners off to a great start with a firm foundation for life-long success.

If you are looking for options, Monarch would be an excellent place to check out. For more information you can call the Academy at 703 961-8281 or visit their web site.

[The Kathy O’Neal Team serves home buyers and sellers in Northern Virginia, with special focus on Chantilly, Centreville, and the communities of the Western Fairfax region.]

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 by gettingt subscribed to Real Estate in Chantilly so you can receive our periodic updates on investment and retirement property in the Outer Banks.

[The Kathy O’Neal Team serves home buyers and sellers in Northern Virginia, with special focus on Chantilly, Centreville, and the communities of the Western Fairfax region.]

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.

[The Kathy O’Neal Team serves home buyers and sellers in Northern Virginia, with special focus on Chantilly, Centreville, and the communities of the Western Fairfax region.]

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.

[The Kathy O’Neal Team serves home buyers and sellers in Northern Virginia, with special focus on Chantilly, Centreville, and the communities of the Western Fairfax region.]

Download this episode (right click and save)