Partnership purchasing of a Beach House (like a REIT), is this possible?

Posted by Mike Bishal on October 24th, 2024

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STOP PAYING FOR VACATIONS – BUY A BEACH HOUSE WITH FRIENDS/FAMILY & RENT IT TO OTHERS THAT WANT TO VACATION AT THE OBX!

Many people have vacationed with family and friends in the Outer Banks. They do it year after year and some end up buying a beach home. What if the entire group decided it was time to own a beach house, they could use a few times a year and rent to vacationers like they used to be?

Isn’t it a fine opportunity for us to learn from the smartest of the smart? We could succeed at the levels we have seen others do if we learned how they did it, agree? The old saying “Two Heads are better than one” comes to mind when a goal of success is the mission. Even more than “two heads” could…

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The Outer Banks of NC is Unique, Relaxing and Special

Posted by Mike Bishal on October 18th, 2024

Many who are reading this have been to the wonderful Outer Banks of NC. Some have not. Either way, when one gets on the topic of the OBX it usually connects to the feeling of a beach experience thought or memory before all else. But, take a moment to think upon this name for a moment ……” Outer Banks”.

There is an air of uniqueness, mystery and “relaxation” to the actual name….OUTER BANKS……which is confirmed due to how detached it is from mainland living! It is literally a string of islands for the most part. Yes, there is Mainland OBX on the Northen and Mid-portion. The Northern part is connected to the mainland of NC as well as Virginia! The mid-portion roads lead out to the piedmont of NC. There are ferries that connect the string of islands from…

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Where can I find the perfect Outer Banks property?

Posted by Mike Bishal on October 14th, 2024

The best questions I hear as an Outer Banks Real Estate professional always come from the buyers who have the normal apprehensions about buying in a beach community. These include, “Where can I find the perfect Outer Banks property?” as well as others. But the “PERFECT PROPERTY” question is one of the top ones, for sure! How is this answered?

My immediate response to my clients when I get asked this is all about, first, their goal or intended use of the home/property. You see, there are several segments or levels of homes and locations.  A buyer’s plan will always pertain to a specific envisioned use. Answering one question with another is not always the best way but in this case it is.

What is your goal when you see yourself in an Outer Banks Beach…

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Is an Outer Banks Income Producing Property better than the stock market?

Posted by Mike Bishal on November 9th, 2017

From Your Outer Banks Connection - "Is an Outer Banks income producing property better than The stock market?" 

It seems no matter who wins, the stock market will be as fickle as ever. The lack of volume and record days of consecutive losses has us wondering what is next. Many experts are admitting that stocks are overvalued and a large adjustment is looming.

Look, I am not about spreading worrisome and upsetting news. However, what I am about is informing and educating during this timing to show you opportunity that is about tangible and is actual property that produces steady and strong income. And, these properties have the added benefits of YOU actually getting true and real enjoyment from as well as tax benefits.*

Buying stock has been a…

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New Construction vs. Existing Homes on the Outer Banks

Posted by Mike Bishal on November 9th, 2017

The Benefits of Buying New Construction on the Outer Banks

Posted by Mike B. Nov. 9, 2017

Getting educated about the inventory here on the OBX is cause to realize it has a lot of diversity. From the simple beach boxes that are among the earliest rental cottages built here to the oceanfront estate level homes…..and to everything in between…..we see homes that are weathered and charming to brand new & in sync with traditional architectural features that are defined by coastal living.   When I show property to folks looking to invest into the resort rental segment, 2nd home market or primary living due to moving here many do not realize how close in price a brand new home is to one that may be 20+ years old.       Also, when they…

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Moving to the Outer Banks?

Posted by Mike Bishal on November 9th, 2017

 

Whenever we work with folks that are thinking about relocating or moving to the Outer Banks, we ask them to identify their expectations. Most of the time, folks that move here either have vacationed here before or experienced a coastal lifestyle somewhere else. With that said, they usually know the area's laid back and slow paced. 

Looking for Adventure?

The other ingredient usually includes a bit of adventure that an individual, a couple, or family wants to satisfy. By looking into what our area offers, it always comes around that they're a fan of the beach and the naturalness of the Outer Banks. That usually fills the day of the newly relocated. They check out the beaches in the morning, they check...they enjoy a sunrise or go to the…

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Outer Banks Waterpark Set to Open

Posted by Mike Bishal on June 22nd, 2017

The Outer Banks Voice is reporting that the opening of the H20 Waterpark on the Outer Banks, which was delayed by weather, is set to open today. 

It should be a great summer on the Outer Banks with the addition of the new waterpark. Check out their article for more information.  

 

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From Your Outer Banks Connection - "Is an Outer Banks income producing property better than stock market?"

Posted by Mike Bishal on November 4th, 2016

 

 

Well, here we are in another Election Cycle. Our right to vote is important as ever, it seems.

It seems no matter who wins, the stock market will be as fickle as ever. The lack of volume and record days of consecutive losses has us wondering what is next. Many experts are admitting that stocks are overvalued and a large adjustment is looming.

Look, I am not about spreading worrisome and upsetting news. However, what I am about is informing and educating during this timing to show you opportunity that is about tangible and is actual property that produces steady and strong income. And, these properties have the added benefits of YOU actually getting true and real enjoyment from as well as tax benefits.*

Buying stock has been a way of…

3987 Views, 0 Comments

Thinking of Moving to the Outer Banks?

Posted by Mike Bishal on September 16th, 2016

 

Whenever we work with folks that are thinking about relocating or moving to the Outer Banks, we ask them to identify their expectations. Most of the time, folks that move here either have vacationed here before or experienced a coastal lifestyle somewhere else. With that said, they usually know the area's laid back and slow paced.

Looking for Adventure?

The other ingredient usually includes a bit of adventure that an individual, a couple, or family wants to satisfy. By looking into what our area offers, it always comes around that they're a fan of the beach and the naturalness of the Outer Banks. That usually fills the day of the newly relocated. They check out the beaches in the morning, they check...they enjoy a sunrise or go to the beautiful…

20206 Views, 0 Comments

The Benefits of Buying New Construction on the Outer Banks

Posted by Mike Bishal on September 13th, 2016

Getting educated about the inventory here on the OBX is cause to realize it has a lot of diversity. From the simple beach boxes that are among the earliest rental cottages built here to the oceanfront estate level homes…..and to everything in between…..we see homes that are weathered and charming to brand new & in sync with traditional architectural features that are defined by coastal living.   When I show property to folks looking to invest into the resort rental segment, 2nd home market or primary living due to moving here many do not realize how close in price a brand new home is to one that may be 20+ years old.       Also, when they factor in that there is a Spec Home segment of the inventory here they get even more excited. If you didn’t…

5524 Views, 0 Comments