Would love to have a chat about how I could help, I've been getting people a lot of deals in the Norfolk Virginia Beach area Message received.

Hi All,I own investment properties in Virginia Beach and Hampton Virginia. 

I have been burned in Charleston Co SC and Folly Beach SC by changes in the STR laws after purchasing so obviously I’m very nervous to have this happen again.

This included some landmark deals including Rockefeller Center’s $3.5B loan and Miami Beach’s Fontainebleau $1.2B refinancingAlternative lenders filling traditional banking gaps with short-term solutions which has already begun a cycle of consolidation that will likely continue and accelerate in 2025The Office Sector Divide:CBD property values are down 50.7% from 2021 peaksClass A office properties seem to be in their own vacuum of prosperity with trophy properties commanding premium rents ($100+ PSF nationally, up to $247 in top markets) with strong occupancyHybrid work continues impacting older building valuations which have not faired as well, but this may begin to rebalance as more companies are instituting mandates to return to physical officesChallenges & Opportunities:$1 trillion in loans maturing by 2026Interest rates up from 3.5% (2021) to 6.74% (2024)Experts such as AEW’s Michael Acton and Blackstone’s Nadeem Meghji see the best entry point in the last 15–20 years and we agreeMarket Outlook:Current market conditions present unique opportunities, with inflation-adjusted prices at historic lows and yields at decade highs.

Do sunshine and beaches matter more, or a strong job market in your specific field?

For STRs, properties near the beach or downtown tend to perform well.Start Small and Smart: If this is your first property, focus on something manageable.

My little mission beach units have a value of ~$1m each.  

I would definitely add beach, park, boutique/restaurant shots.

Hey Chris,Jax Beach is a great area.

Happy to share my experience if you want to send me a PM.RyanHey Ryan, we are in the process of looking at buying a house for an STR in the beach Mountain area.