Outer Banks Real Estate CONSULTING
North Carolina Realty -
Michael Lancsek, Broker / Realtor 888-OBX-OF-NC CONTACT MICHAEL
Southern Shores | Corolla | Duck | Kitty Hawk | Kill Devil Hills | Nags Head | Colington | Hatteras | Manteo
Explore
Outer Banks real estate
like it's your business. Information, resources, up-to-date local news,
in-depth web content and real-time
service. Search, view, and compile information on Outer Banks Real Estate investment
property,
vacant land,
construction, and
FORECLOSURES
of our
coastal a
rea of
Dare County and Currituck County North
Carolina. The Outer Banks includes many quaint and diverse towns including
Southern Shores, Corolla, Duck, Kitty Hawk, Nag's
Head, Kill Devil
Hills, Hatteras, Colington, Martin's Point and Manteo. Property
values from
the sound front to the ocean front can vary dramatically depending
where
on the Outer Banks you are searching. When reality questions arise,
make sure contact me through one of my communication outlets and
ask for some answers. You have a lot to learn from the right
person. Searching the
Outer Banks MLS property listings online will only give you
limited information to what you may be looking for. Working with a local agent/consultant BEFORE you start
your search will greatly
reduced the time and money you spend upfront, just finding a
direction. Let me
have a thorough understanding of what your "best fit" is, and maybe I
can direct your
buying and
selling needs in
an
efficient way for everyone. Find the facts and get relevant advice
for your new
investment home, condo, or
vacant land (homesite) demands. You can find for sale: oceanfront
condos, townhouses, rental
investment homes, year round, and second homes i
n almost all
of these areas. If you are considering an Outer Banks
new construction project with
a local obx builder, you will still be able to find available vacant land
for building that dream home on. Building costs for new construction
homes can vary greatly
depending on what kind of investment home you and
your
architects-designers
design,
and what
builder you use. Your best bet is to find a
vacant lot
and know what home design you are going to build BEFORE you talk to
contractors.
OBX
commercial real estate is generally found along NC 12 and
highway 158. With a little knowledge and understanding of
market demand, there are still many services that still haven't made
it to our area yet. Please feel
free to use my Outer Banks Realty live support link or view OBX
local news here. If you have questions
about doing1031
Tax Deferred
exchange, make sure
you know the rules and don't miss any of
the deadlines. There is a
simplified article t
o the right explaining the "Starker Exchange" in
a little more detail. Check into my
blog
for update legislative briefings. Finding resort investment
property anywhere that is close to break even potential is difficult
regardless of the market or market conditions. I look every few days
here, because something that has a near
break even
cash
flow is something
worth bu
ying. The goal in owning rental investment property is for
the seasonal rentals to pay for itself without having to put more
than 20% down to do so. For years on the Outer Banks, people
have been buying property that cost thousands of dollars a month to
own, hedging their bet on continued
hyper appreciation.
If the home has a solid cash flow then it won't make a difference
what the market is doing. The property can carry itself through the good
& bad bumps in the market.
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