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The Blacksburg Library presents local children's author Jen Fen on Saturday, March 4 2017, 11:00 AM-12:00 PM.  Jen Fen will be reading some of her beginning reader books intended for children ages 3-7.  The books are beautifully illustrated by Virginia Tech students featuring rural themes and are printed locally.  Bring the children and enjoy a morning of storytelling.  

 

Blacksburg VA Home Sales January 2017

by Desi Sowers

Desi Sowers has distinguished herself as a leader in the New River Valley real estate market. Desi assists buyers looking for New River Valley real estate for sale and aggressively markets New River Valley homes for sale.

Desi brings with her a keen eye for the details of buying or selling a New River Valley home and seemingly boundless determination and energy, which is why her clients benefit from her unique brand of real estate service. Rooted in Tradition, Focused on the Future – Desi Sowers will help make the most of your New River Valley real estate experience. Give her a call today, 540-320-1328, and discover the difference she can make during your family's move.

A college town can be a great place to purchase an investment property.  There are numerous positive attributes to living in a college town that can make owning a property there a profitable endeavor. But, as with everything, there are pros and cons.

Pros:

Lots of potential tenants:  A college town has a large population of renters.  Each semester new students are arriving and need to find a place to call home.  You should have no problem keeping your property continuously rented.

Stable rent:  Since the demand for rentals is so high in a college town, it helps to keep rental prices  in the area strong, even when other parts of the housing market aren’t doing so well. Also, consider that it is often the parents of students, or the university itself that pay for off campus housing, so you may be able to charge higher rental prices.

Fewer vacancies: Again, the high demand for rentals in a college town pays off.  There are always new students and faculty members looking for places to live and fewer vacancies mean more competition and ultimately may allow you to get higher rental prices.

The area sells itself:  You don’t have to spend any time “selling” the area. It sells itself with the many attractive amenities that draw people to college towns.

 

Cons:

Tenant turnover:  With a large population of renters, comes frequent turnover.  Most tenants in a college town will be short term. They will live there until they finish school or get a new job and then they move on.  Most of these tenants will not want to sign long leases.  You must be prepared to accept a one year lease and understand that turnover will happen often.

Difficulty in finding tenants during “off season”: Fewer students attend college during the summer, so you may find yourself with a vacancy during the summer months. One way to avoid that is to have tenants sign a 12-month lease verses a 9 month (school year) or month to month lease. 

Excessive Wear & Tear:  College living is hard on property. Young adult students don’t always have a lot of respect for their living space.  Immaturity, alcohol use and parents footing the bill can all contribute to this lack of concern for your property.  Property damage is common and repairs often exceed the amount collected in a security deposit.  This is something to consider when renting to college students.

Time and energy: This is not a passive investment. You will need to be a hands-on property owner. Between the turnover, potential property damage and other issues that might come up (tenants being too loud, renters breaking leases), you will need to be actively involved in the rental process at all times.  If you are not up to that task, owning an investment property in a college town may not be for you.

http://www.desisowers.com/Blog/The-Perks-of-Retiring-in-a-College-Town

http://www.desisowers.com/Blog/Dont-Wait-Buy-Your-Home-in-2017

http://www.desisowers.com/Blog/Buying-Remains-36-Cheaper-than-Renting

Desi brings with her a keen eye for the details of buying or selling a New River Valley home and seemingly boundless determination and energy, which is why her clients benefit from her unique brand of real estate service. Rooted in Tradition, Focused on the Future – Desi Sowers will help make the most of your New River Valley real estate experience. Give her a call today, 540-320-1328, and discover the difference she can make during your family's move.

Adventures in the New River Valley: Family Fun Festival

by Desi Sowers

​New River Community College presents the Family Fun Festival on Saturday, February 25, 2017, 1-4PM, in 117 Edwards Hall on their Dublin, VA campus.  This event is free and open to the public.  There will be food for sale by NRCC student organizations.

The Family Fun Festival will include a variety of activities:

  • face painting
  • balloon art
  • a bouncy house and games
  • Science tables with a variety of animals
  • 3-D printing demonstrations
  •  health and wellness activities 
  • live music by Don’t Quit Your Day Job

Have your little one bring their tricycle for the race at 1:45, participants need to be children five years old or younger.  The winner will receive a briefcase full of school supplies.

Radford VA Home Sales January 2017

by Desi Sowers

Desi Sowers has distinguished herself as a leader in the New River Valley real estate market. Desi assists buyers looking for New River Valley real estate for sale and aggressively markets New River Valley homes for sale.

Desi brings with her a keen eye for the details of buying or selling a New River Valley home and seemingly boundless determination and energy, which is why her clients benefit from her unique brand of real estate service. Rooted in Tradition, Focused on the Future – Desi Sowers will help make the most of your New River Valley real estate experience. Give her a call today, 540-320-1328, and discover the difference she can make during your family's move.

Christiansburg VA Home Sales January 2017

by Desi Sowers

Desi Sowers has distinguished herself as a leader in the New River Valley real estate market. Desi assists buyers looking for New River Valley real estate for sale and aggressively markets New River Valley homes for sale.

Desi brings with her a keen eye for the details of buying or selling a New River Valley home and seemingly boundless determination and energy, which is why her clients benefit from her unique brand of real estate service. Rooted in Tradition, Focused on the Future – Desi Sowers will help make the most of your New River Valley real estate experience. Give her a call today, 540-320-1328, and discover the difference she can make during your family's move.

The Price House Nature Center is offering Family programs every Saturday 9am-1pm.  Come explore the nature center where you can see birds nesting, frogs and toads in the pond and how the beautiful butterfly garden is growing.  Each week they offer a different family friendly activity, so load up the kids and experience nature in Blacksburg!

For more information visit their Facebook page

Adventures in the New River Valley: Valentine's Day Tail Ride

by Desi Sowers

This weekend take in a trail ride and help out local rescue horses. Winterfrost Farm and Ride-a-Rescue at Skyline Stables presents a Valentine's Day Trail Ride Fundraiser, this Sunday February 12th 10am-8pm.  They are offering 3 different pricing packages that include a keepsake photo of your trail ride, a sweet treat and a BOGO coupon for a bag lunch at Mockingbird Café.  Come out and enjoy a ride while helping purchase feed for the Ride-a-Rescue horses. 

Purchase tickets here: Event Tickets

Pulaski County Home Sales January 2017

by Desi Sowers

Desi Sowers has distinguished herself as a leader in the New River Valley real estate market. Desi assists buyers looking for New River Valley real estate for sale and aggressively markets New River Valley homes for sale.

Desi brings with her a keen eye for the details of buying or selling a New River Valley home and seemingly boundless determination and energy, which is why her clients benefit from her unique brand of real estate service. Rooted in Tradition, Focused on the Future – Desi Sowers will help make the most of your New River Valley real estate experience. Give her a call today, 540-320-1328, and discover the difference she can make during your family's move.

The Moss Arts Center at Virginia Tech will host the National Symphony Orchestra of Ukraine Saturday, February 4, 2017, at 7:30 PM.  Theodore Kuchar will be the conductor laureate.  The orchestra will be joined by Kiev-born pianist Alexei Grynyuk, who attracted wide attention at the age of 13 when he won the first prize at the Sergei Diaghilev All-Soviet-Union piano competition in Moscow.  This program will feature Dvořák’s Carnival Overture, op. 92; Prokofiev’s Piano Concerto no. 3 in C Major, op. 26; and Shostakovich’s Symphony no. 5, op. 47.

Displaying blog entries 81-90 of 112

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Photo of Desi Sowers,  Associate Broker,  Real Estate
Desi Sowers, Associate Broker,
Certified Residential Specialist at REMAX 8
1344 N. Main Street
Blacksburg VA 24060
Phone: (540) 320-1328

Each Office Independently Owned and Operated