Northern Virginia Real Estate Blog, Carolyn Capalbo

Is it time to sell or buy your rental property in Fairlington or other Arlington County  communities?  Here are some things to consider…

•          Can your return be higher elsewhere?
•          How do you take advantage of depreciation?
•          How do you take advantage of a Sellers’ Market?
•          How do you take advantage of the tax benefits of a 1031 exchange?

Based upon current rental rates in Fairlingon, the estimated cash on cash return for a one bedroom Fairlington Condo unit is between 3.5% and 4% before depreciation and repair expenses.  Taxes, insurance, management fees, and condo fees can add up in Fairlington.  I personally try to find a 6% cash on cash return on my investment properties before depreciation. 

Speculation abounds as to the new location of Amazon's second headquarters.  My gut says that Northern Virginia, particularly Loudoun County will be the choice for Amazon.  Loudoun County boasts highly rated schools.  Loudoun County has expanding public transportation; including multiple bus service, carpool services; and Metro Rail options.  Loudoun County is building and developing amenity rich, family friendly communities that are highly sought after.  Loudoun County has already attracted the best and brightest technology hubs and technology savvy talent.  Loudoun County enjoys fantastic medical facilities.  Loudoun County is home to Dulles International Airport.  There is also ample land available for Amazon to build their new Headquarters campus. 

One thing I love to do for our clients is host a housewarming party.  I love to cook for others and entertain.  This weekend, The Capalbo Team, is hosting a housewarming Barbecue for one of our clients that sold their home with us and bought their new home through us!  We are celebrating their new home with 30 of their friends and family!  I stopped by the peach orchards in Markham yesterday and picked fresh peaches for their homemade dessert!  On the menu…

• Hamburgers

• Hot Dogs

• Chips

• Homemade Potato Salad

• Homemade Pasta Salad

• Baked Beans

• Salad

• Homemade Peach Cake

• Beer, Soda, and Water

Interested in having me host a housewarming party at your home?  Give me a

Condominiums are a great choice of home and offer many conveniences.  Condominiums are typically a more economical entry into the housing market.  Land costs, the closer into Washington DC, are astronomical.  To be able to afford a home on a parcel of land will typically cost more than owning a condominium.  Condominium ownership is really a type of ownership versus a style of home.  Perhaps you are searching a high rise building or a townhouse styled condominium.  The facts remain that you are purchasing the interior space of the unit and not the exterior walls or grounds.  Since you are only committing to the purchase of the interior space of the unit, you will be required to be a part of the Condominium Association and pay significant fees and dues to

When you have no outstanding debts, life is quite liberating and much less stressful.  Do you dream of the day when you are debt free?  There is tremendous power and wealth building opportunities for those that are committed to removing debt from their lives and building passive wealth through multiple investment vehicles, including real estate.  Sometimes utilizing debt to remove debt can be a great strategy.  This is a unique debt consolidation strategy that uses a revolving equity line of credit to accelerate debt payment.  Here’s an example of how it works.  For your specifics, please reach out to me and we can come up with a winning plan for you.  This is a great strategy for those that wish to buy a new home and are not able to afford more or find a

The new look for Dominion Valley Country Club’s Executive collection is exciting.  Their Farmhouse exterior look with open concept designs are sure to be successful in today’s market.  The Palisades is the largest offering currently available in DVCC.  This beautiful home offers great curb appeal with unique exterior design that includes a welcoming front porch.  The main level features a large foyer, formal dining area, huge kitchen open to the 2 story great room, breakfast area, den, and main level bedroom suite.  The main level also offers a family welcome center, walk in pantry, and powder room.  This floorplan works well for the expanded family needing a main level bedroom option as well as the large family looking for a true 5 bedroom above

 The Executive collection is offering a new look at DVCC!  Gone are the traditional Colonial floorplans and in are their new exciting Farmhouse open concept designs!  There are 4 new designs each with great open concept living spaces and great curb appeal.  This post will focus on The Reston floorplan which, I believe, will be a very popular home for Toll Brothers in Dominion Valley. 

The Reston Floorplan in the Executive Series at Dominion Valley offers a beautiful open concept Farmhouse design.  The curb appeal is awesome offering Craftsman like front porch options and farmhouse accent touches with siding, brick and/or stone.  The interior minimizes wasted space.  The main level of the home offers a large formal dining area, breakfast area for

Millionaires Build Wealth Through Real Estate…So Can You!

Simple Strategies to Grow Your Wealth Through Self-Directed IRA

Over the years, I have worked with some incredibly savvy and wealthy people who invest in Real Estate.  Many of these folks have developed a portfolio of great investment assets that earn them tremendous income in addition to net worth and property value appreciation.  Some have mastered the art of buying distressed property below market, renovating, and reselling for a profit or flipping homes, most; however, have purchased homes close to market value and held on to the asset for years while tenants have paid off their mortgages.  I will be blogging with various strategies on how to prosper through Real Estate. 

NV Homes is offering the Longwood model in The Grant section of Willowsford as their entry level home.  This home, while providing a nice pricing option for new home buyers in Willowsford does not lack for space and options available.  This open concept floor plan delivers a fantastic main level with flexibility.  The entry foyer has a line of site to the back end of the home and the expansive kitchen, family room and casual dining area.  The front area can be utilized as a formal dining room or a living room depending upon buyer’s needs.  The powder room on the main level is tucked away near the garage.  There is an option for a main level bedroom and full main level bathroom if desired.  This space is typically a study.  This design offers a

Drees Homes incorporates an amazing transition from interior living space to exterior living space.  In fact, this dramatic transition is the best use of interior to exterior flow I have seen with a tract home builder.  While priced in Willowsford at the luxury market level, the features and upgrades are worthy of the price point.  Let’s talk about this wow feature!  The kitchen area has the option to have a folding panel door which eliminates the exterior wall to the covered outdoor living area.  In addition to the wide open interior to exterior concept, Drees also has a featured pull down screen to make the outdoor living area a screened in outdoor living area.  The model incorporates both these amazing features and adds in a stacked stone gas