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…

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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 beautiful…

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Super Wal-Mart Now Open on the Outer Banks

Posted by Mike Bishal on August 26th, 2013

The renovations to the Wal-Mart in Kitty Hawk are finished, the ribbon-cutting has been held and the expanded Super Wal-Mart is now open.  The expanded Wal-Mart now offers produce, expanded refrigerated section and more.  

Having just made a quick stop, I noticed their are quite a few changes to the store.  All the changes I noticed definitely seemed to be for the better.  You'll just have to check it out yourself and decide. 

 

 

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Stella Daniell Joins Red Sky Realty Group

Posted by Mike Bishal on January 9th, 2012

Red Sky Realty Group would like to welcome Stella Daniell to our Outer Banks office.  Stella has a background in property management on the Outer Banks.  Before joining Red Sky Realty Group, Stella last served as Property Manager & Guest Services Manager at Ships Watch in Duck, (Ships Watch is a resort community in Duck is made up of 53 co-ownership vacation rental homes.)  Stella's years of property management experience gives her valuable insights for those looking to purchase an Outer Banks vacation home. 

 

Contact Stella at stella.daniell@redskyrealty.com or 252-489-1181

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Hot Day on the Outer Banks - Great Day for a Free Slurpee

Posted by Mike Bishal on July 11th, 2011

Just saw this on WITN, In honor of today's date, July 11th, or 7-11, all 7-Eleven stores will be giving away free slurpees. You don't need a coupon, however, only the seven point one ounce size is free, larger cups will still cost you. You can find a 7-Eleven in Elizabeth City, Grandy, Manteo and on the Outer Banks. Those locations include, Barco, Kitty Hawk, Kill Devil Hills and Nags Head.

Its a great day for a Slurpee on the Outer Banks.  Think I may have to stop on my way home.  

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Wind Power Meeting on the Outer Banks

Posted by Mike Bishal on September 25th, 2009

Just saw this on wbtv.com. 

BUXTON, N.C. (AP) - The leader of the North Carolina Senate says he won't fight wind farms proposed offshore from an area he represents.

WRAL-TV reported that Sen. Marc Basnight said a public meeting in Buxton Friday that he's aware of concerns that wind turbines could disrupt scenic coastal views and tourism. But Basnight says alternative energy sources must be considered to thwart global warming.

His comments came at a meeting where researchers from the University of North Carolina at Chapel Hill described a new study that found 2,800 square miles of coastal water could generate industrial-scale wind energy.

The researchers say offshore wind farms could supply 130% of all the power used by North Carolina in…

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