vacation rental property Archives - Scott Team Realty, Inc.

Seacrest Village Outer Banks

Every day on the Outer Banks, thousands of people travel by Sea Crest Village on their way north to Duck or Corolla. Unless you are familiar with Southern Shores, you likely would not realize you are traveling by some of the quietest beaches on the entire Outer Banks. Here you will find all sorts of homes. From concrete block homes from the last century to beautiful large ocean front homes with all the modern features. One thing they all have in common is that the beach access is just a short … Continue reading...

Old Nags Head

Years ago, while helping a seller clean out the home they inherited to get it ready for sale we came across a box full of books. Most were old paperbacks that you might read on the beach during your vacation. One that I found interesting was a book written in the 1950's about the history of Nags Head. It had no value to the seller so he gave it to me. The book is called Old Nags Head. Early History This book is a mostly a first-person account of the Nags Head in the late 1800's and the early … Continue reading...

Meeting an OBX Realtor

So you’ve fallen in love with the Outer Banks and now thinking of a purchase. You likely have friends who own here and recommend an agent or perhaps you called a realty company that has a house you’d like to see. Here are a few things you should expect when meeting an OBX Realtor for the first time. Agency Discussion It’s a rule that a North Carolina real estate agent has to work as an agent for someone in the transaction. Since they have to represent someone, they’d much rather represent you. … Continue reading...

Kitty Hawk Lifesaving Station

In response to many shipwrecks along the coasts of America, the federal government decided to create a lifesaving service. The Kitty Hawk Lifesaving Station was first constructed in 1873 and 1874 near the current intersection of Kitty Hawk Road and NC12. This station along with seven others along the Outer Banks were charged with saving people, property and ships when in distress. They also alerted mariners when they came too close to the coast. OBX Life At that time, the Outer Banks was an … Continue reading...

Finding an OBX Rental Gem

When you begin to look at vacation rental homes for sale on the Outer Banks, it often becomes obvious… If the property only generates the same income as it does right now, then you’ll end up having a negative cash flow. Why is that? This article will discuss reasons why and help you in the process of finding an OBX Rental Gem. Flexibility For many vacation rental homeowners, a home here is not about making money. It’s about having flexibility for OBX vacation time. Of course, these owners … Continue reading...

Outer Banks Septic Systems

Many areas of the Outer Banks don’t have central sewage systems or community sewage systems. As a result, it’s a good idea to have a little knowledge about septic systems so that you can protect your Outer Banks property and make good buying decisions. This blog will provide some basic information about Outer Banks septic systems. What is a septic system? Basically, the septic system is a mini-sewage treatment plant. Septic systems clean the effluent to a level that does not contaminate the … Continue reading...

Outer Banks Bucketlist for July

July is probably the most popular month for the Outer Banks. There are years when there is no vacancy at vacation rental cottages, hotels and motels. Most years, July is the hottest month of the year too. It's that period of time when cold fronts rarely make it this far south and the Bermuda high pressure gives us those afternoon cooler breezes off the sound. There are best times of year for different Outer Banks activities. Here's our Outer Banks Bucketlist for July items. Snorkel an … Continue reading...

Maximizing Vacation Rental Income

The popularity of the Outer Banks as a great place to vactioners love our beautiful beaches and historic sites. Both tripsavvy.com and US News and World Report recently published articles touting this vacation spot. With these vacationers coming, the affordability of an Outer Banks vacation rental or second home should continue to be good. This post offers a few suggestions for maximizing vacation rental income. A vacation rental home is similar to a business. First, you need to attract … Continue reading...

Vacation Rental Homes on the Outer Banks

Not everyone looking to buy a home in the OBX is looking for their forever home. Many are looking for a rental property. When buyers decide to look for a rental property specifically, there are many additional aspects to consider. These aspects are different than a typical home buying process. The OBX vacation rental market is unique. Therefore, it is important for prospective vacation rental owners to understand the market and their options before making the investment. While Airbnb is … Continue reading...

Get OBX Market Exposure

Since 2020, we have seen the housing market explode. Some expected this to fizzle out in 2021, but three months into 2022 and the housing market, especially in the OBX is hot. More importantly, there is a lack of inventory, which is sending prices up. Inventory is down 34% between February 2021 and February 2022. Current inventory in the Outer Banks Association of Realtors’ MLS system is sitting near 700 properties whereas last year it was just over a thousand. Moreover, in March 2020, there … Continue reading...

Seacrest Village Outer Banks

Old Nags Head

Meeting an OBX Realtor

Finding an OBX Rental Gem

Outer Banks Septic Systems

Outer Banks Bucketlist for July

Maximizing Vacation Rental Income

Vacation Rental Homes on the Outer Banks

Get OBX Market Exposure

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