Doctor Loan/ Physician Loan – Buying Commercial Real Estate in Richmond Va
I just got word about this Doctor Loan or Physician Loan for use in buying commercial real estate. Basically, it’s a loan product specifically for Doctors and Dentists in the Richmond Va area being offered by First Community Bank. I ran into Kevin Ford, a lender with FCC, and he gave me the lowdown. Basically, a doctor or [...]
3120 Hanover Avenue, Richmond, Va – 4 Unit Investment Property for Sale
3120 Hanover Avenue, Richmond, VA 23221 is currently being offered for sale and was just listed by Snipes Properties. This investment property located in Richmond, VA features 4 Large 1 Bedroom Apartment units. All are currently rented and fully occupied. Rents are stable and slightly below market average. Several tenants have lived in the property for [...]
Another Happy Richmond, Virginia Property Management Client for Snipes Properties
Thank you for the work you have done so far! I am very appreciative of your attention to my concerns. I am equally appreciative to everyone at Snipes Properties and especially to Carter and Timea who have been excellent in the management of my property. Ms. H
Richmond Real Estate Trends 2006-2011
The graphic above shows richmond real estate trends including Richmond Homes Available for Sale ( Or Inventory) vs. actual Closed Sales in the Richmond, Virginia real estate market from 2006 through 2011. As you can see at the height of the real estate boom in 2006 actual Closed Sales outpaced Available Inventory by a wide [...]
Snipes Properties helps investor bring rehab project to life.
Here is a great article about our Snipes Properties’ Investor Services group finding a great project for one of our clients. Our team identified the project for our client, helped him partner with a local general contractor, Monument Construction and then our team is handling full lease-up including both the commercial and residential component. SEE [...]
Want to Get into Real Estate? Don't Know How?
NOW ENROLLING! “100 Days to Greatness!!” Real Estate Classes are now enrolling in Richmond, Virginia for people interesting in producing a consistent stream of high-quality referrals in the real estate business. Master the Secrets to Consistent income in Real Estate Sales through North America’s #1 Real Estate Coaching organiazation, Buffini and Company. Their real estate [...]
7 Steps to Take Before You Buy a Home
By: G. M. Filisko Published: February 10, 2010 By doing your homework before you buy, you’ll feel more content about your new home. 1. Decide how much home you can afford Generally, you can afford a home priced 2 to 3 times your gross income. Remember to consider costs every homeowner must cover: property taxes, [...]
How to Determine Rental Rates for Real Estate in Richmond, VA
Determining the market rate for Rentals in Richmond, Virginia is not too difficult. But, many owners and landlords in the Richmond area base what they charge for rent on two things: 1.) what other places are renting for (i.e comps) 2.) their cost basis or income expectations for the property. But, to achieve steady income and [...]
Short Sale Rules loosening. Could it help underwater borrowers?
Here is a good article about the rules for Short Sales getting easier. This is could be a really good sign for underwater home owners in the Richmond area. We have a team here at our office that specializes in Short Sales for Richmond, Va area home owners. We have gotten really good at helping [...]
Interning At Snipes leads to Career in Real Estate
Thinking of a Career in Real Estate but worried about the market? You can easily forget the current state of our nation’s economy when you walk thru the door at Snipes Properties. Inside the office, the phones are ringing, staff bustling around; sometimes it can be hard to find a free moment! The Snipes team [...]
