Investing in real estate is a lucrative venture that can appreciate in value significantly over time. First-time investors will need extra direction and assistance when pursuing this worthy endeavor. Seasoned investors who have bought properties before but are seeking new properties to add to their portfolio must work with real estate companies with extensive regional knowledge along with a detailed analysis of whether a property is worth investing in. Whether you’re a first-time investor or have several properties but wish to explore other investment opportunities, it’s crucial to work with a real estate team with extensive experience in real estate investments.
When it comes to finding an experienced real estate team that will help you find a worthy Northern Virginia investment property, you’ll want to contact Home Theory. Through their partnership with Chambers Theory Property Management, this professional real estate team evaluates and provides accurate analysis on annual expenses that an investor will incur to own a prospective investment property, including repair/maintenance costs, commission and associated costs, insurance, and evaluation of taxes and dues you are expected to pay.
In addition to thorough analysis and explaining all costs to investors, with Chambers Theory Project Management’s help, the team has successfully rented properties for higher rents. Derived from MLS, the Chambers Theory boasts statistics among the top 20 property management firms in the same service area with 30+ rental listings per year. Home Theory is proud to work with this top-class industry leader. Here are the statistics for the team:
Home Theory uses various factors to analyze properties for their investment value. The estimated sales value, the change in value over one year, the equity, and the property’s total square feet are considered when evaluating a property’s investment potential. Additional information such as property taxes, HOA dues, rent amount, and the purchase price is specific to the property being evaluated.
Through detailed analysis, Home Theory measures the “Capitalization Rate” — the higher the rate, the better the return. However, it is important to note that higher cap rates are easier to find in riskier housing markets or properties. Seeking the best cap rates within a particular housing market helps investors see the best investment return within the same risk area.
One thing is certain when it comes to finding an esteemed real estate company that will help you find investment properties, working with Home Theory will yield optimal results. Whether you’re a first-time investor or a seasoned veteran, contact Home Theory today to assist with finding a property worthy of your time and money to yield a significant return.
We invite you to meet and get to know every member of our team and become a part of the team!