Investing in Virginia Beach neighborhoods is a smart way to grow a portfolio (or become an investor for the first time). Virginia Beach is a large city with a population of around 450,000, with about 35% of residents renting their homes. Plus, the area has plenty of variety for real estate investors with urban, suburban, beachfront, and inland homes to diversify a real estate portfolio.
The many area neighborhoods attract young families and professionals who appreciate the excellent local schools. The city and surrounding areas also offer plenty of things to do year-round, including festivals, beach activities, restaurants, shopping, and museums. Local residents also include a high percentage of military personnel, making it an excellent location to provide rental housing to service members and their families.
What are some of the best neighborhoods in Virginia Beach for local and out-of-state real estate investors? Keep reading to learn more, and make sure you hire the best local property management company to maximize your investment income!
Renters with kids look for rental homes with the best schools in Virginia Beach. Investors who choose these neighborhoods can capitalize on long-term residents who want to stay in homes where their kids benefit most from an excellent education and friends and neighbors they know and love.
Rental homes in these neighborhoods offer some of the best schools for children of all ages:
If your ideal renters are families with school-age children, investing in these Virginia Beach neighborhoods is a smart way to build long-term income! The right local property manager can help you find the best properties and keep them well-maintained to serve families well—year after year.
Many residents enjoy Virginia Beach for easy beach access. Homes with direct or nearest access to the beach are also the area's priciest properties. However, offering these homes to area renters is an excellent way to benefit from higher rent prices and quality renters.
For investment homes with higher property values and the best beach access, look for properties in these neighborhoods:
These neighborhoods in Virginia Beach offer plenty of variety to attract families, young professionals, and retirees. Investors with properties in this area benefit most by partnering with an expert property manager to keep homes in excellent condition and find the best-quality renters to enjoy their rentals!
Investing in real estate is a long-term wealth-building strategy with more perks than merely collecting the rent. Rental property investors also benefit from property appreciation. Choosing investment properties with the best appreciation benefits helps boost your income every year that you own the property!
To target the best Virginia Beach neighborhoods for property appreciation, consider:
A property manager can help you analyze every aspect of a potential rental property, including potential rental income and appreciation. When choosing your next (or first) Virginia Beach investment, make sure you run the numbers and get insights from a local expert to maximize every benefit of our local rental market.
Almost any of these Virginia Beach neighborhoods can be an excellent investment opportunity for real estate investors—with the best property manager to help you find and handle your rentals! You'll notice that many neighborhoods hit multiple high points for investors, offering excellent locations, appreciation, schools, and rental income potential.
How can you choose the right property? The best Virginia Beach property management company is your guide and partner to help maximize your rentals and meet your long-term financial goals.
The right property manager is an expert with the basics investors need to start on the right foot with a new property, then grow more income over time. We help investors:
We also deliver financial reporting to make sure investors never wonder about the performance of their properties. When investing in Virginia Beach neighborhoods, local and long-distance investors can experience long-term passive investment income without doing any work!
Only the best property management company helps investors experience the best success in Virginia Beach. How can investors know what to look for in a property manager?
Your management team should provide every service listed above—and more! Plus, pricing for their services should be easy to understand (while boosting your income). Property managers should never be more expensive than the benefits they deliver for your properties, renters, and long-term income.
When considering a property manager, look for a company that:
Buying "an" investment property in Virginia Beach neighborhoods isn't hard. However, finding the best properties and managing them to your financial success is better, with the best property management team handling every detail!
The Renters Warehouse Hampton Roads Rent Estate™ Advisors love serving investors who choose Virginia Beach neighborhoods! We understand the market and how to find the right properties in each neighborhood to start your portfolio in the area or grow an existing portfolio to build more long-term income.
Investors can't go wrong with the right combination of the right rental property and our professional services and guarantees. We work hard to get your property rental-ready and rented before we charge any fees, and we guarantee every renter we place with our Certified Tenant Warranty. When you're ready to learn more about investing in Virginia Beach, contact us!