Real Estate Investing Blog - CGP Real Estate Consulting
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The CGP Real Estate Consulting Blog is specifically tailored to provide buyers, sellers, and investors in the greater Hampton Roads area with the most up-to-date and relevant information regarding residential real estate.We want to share our knowledge and resources with you!
Real Estate Investing Blog - CGP Real Estate Consulting
1w ago
Demand for winter rentals is high in Virginia Beach this year! Work with us today to prepare your property and find the perfect tenant for the winter season.
Are you wondering how to maximize revenue for your Virginia Beach vacation rental home during the off-season? Should you continue to market your property for rent on a short-term basis or winterize the property until next summer?
Virginia Beach’s incredible demand for fully-furnished rentals near the beach, available long-term during the winter months, is one of many reasons the city is uniquely suited for residential real estate inve ..read more
Real Estate Investing Blog - CGP Real Estate Consulting
2M ago
Ready to sell your short-term rental for maximum profit? Read on for our experts’ top tips on how to make top dollar when selling your vacation rental home to another investor.
As a real estate investor, there may come a time when you wish to sell your short-term rental property. With the right strategies in place, getting above market-value for your vacation home is certainly possible.
Rental property owners with a solid grasp on the nuances of property valuation, maintenance standards, and marketing as an asset will be set up for a top-notch sales price. Our ,,top Virginia Beach real ..read more
CGP Real Estate Consulting Blog
3M ago
No matter if you own a home, rent an apartment, or are staying in a short-term or long-term rental property, stuff happens. Maintenance issues can occur anywhere that require professional attention. Know when to call your property manager – and when it’s not an emergency.
When to call your property management’s emergency maintenance
Though your first thought when something is wrong with the property you are renting may be to call your property manager, you’ll first want to classify what kind of issue it is. Maintenance problems usually fall into one of three categories: emergency, critical, o ..read more
CGP Real Estate Consulting Blog
4M ago
What will the housing market look like in 2024 in Hampton Roads, Virginia and nationwide? In our 2023 real estate recap and 2024 housing predictions, we’ll look at the ins and outs of what’s happening in the housing market right now and in the year to come.
At a glance, the trends of the 2023 housing market tell us that homebuyers will have more options in 2024, but affordability issues will persist. Read on for the specifics we see coming over the next year.
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2023 Housing Market Recap
2024 Predictions for Hampton Roads
Real estate trends to watch in 2024
Housing Market 2023 Recap ..read more
Real Estate Investing Blog - CGP Real Estate Consulting
6M ago
What is an absorption rate in real estate and how is it calculated? It’s important to know all about absorption rates when looking at the state of your local housing market and making investment decisions. Let’s break it down for you.
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What is the Definition of an Absorption Rate in Real Estate?
How are Real Estate Absorption Rates Calculated?
Calculating How Fast the Housing Market Will Sell Out (MSI)
What Does a Stable Absorbtion Rate Look Like?
Absorbtion Rate vs. Housing Market Inventory
Absorbtion Rate Impact on Houses Prices
What is the Definition of an Absorption Rate in Real ..read more
Real Estate Investing Blog - CGP Real Estate Consulting
6M ago
If you’re interested in operating a short-term rental property in Chesapeake, Virginia, it’s important to be familiar with all of the current rules and regulations surrounding investment properties. Keep reading to get the scoop on where vacation rentals are allowed in Chesapeake and what regulations must be followed.
What is the definition of a “short-term rental” in Chesapeake?
In general, the term “short-term rental” will refer to a furnished property that is rented out for short periods, often less than 30 days. In Chesapeake, Virginia, the length of time isn’t officially defined, but ther ..read more
Real Estate Investing Blog - CGP Real Estate Consulting
7M ago
When the housing market is moving slowly, you need all the best tips for selling your house in a buyer’s market. Understanding the current movement of the housing market and what to do about it can lead to success even when everyone else around you is struggling.
What does a slowing housing market mean for sellers in 2023?
Following the extreme housing market surge during the pandemic, Hampton Roads, VA, and many places around the nation saw home sales grind to a halt as active listings hit record lows in 2023. This created a different kind of market slowdown than we’ve typically seen in the p ..read more
Real Estate Investing Blog - CGP Real Estate Consulting
8M ago
If you are moving to, from, or around Hampton Roads, getting the scoop on the top moving companies in Virginia Beach, VA will make your transition a lot easier.
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How to Choose the Best Moving Company
Is the Cheapest Mover in Virginia Beach Going to Be Right for Me?
What Moving Services Can I Find in Virginia Beach?
List of Top 6 Moving Companies in Virginia Beach, VA
P.S. Don’t move anywhere without ,our free “Before You Move In” Checklist!
How to Choose the Best Moving Company
When you are moving to a new home or a new state, choosing the right moving company for your needs is impe ..read more
CGP Real Estate Consulting Blog
10M ago
Buying a home is an exciting venture, but it can be challenging without the right precautions and preparation. While the aesthetics and size of a house may be charming, it's crucial to look beyond this appeal and investigate potential issues that could lead to significant complications and costs down the line.
Identifying red flags when buying a home can save future homeowners from unwelcome surprises and help ensure a wise investment. Here are some critical warning signs to watch for during your home-buying journey.
A Selling Price Below Market Value
A low selling price can often serve as a ..read more
CGP Real Estate Consulting Blog
10M ago
Was a house just left to you in a will and now you want to know what to do with your inherited real estate? Here’s a complete guide to everything you need to know, consider, and decide when you inherit a home.
Inheriting a house can be a big surprise or shock – during what is probably already an emotional time. Every inheritance situation is different, but this guide will help you make sure you know how inheriting property will affect you.
As ,top real estate professionals in Virginia Beach, we’ve walked many clients through the process of deciding what to do when they inherit a property. Our ..read more