Great ROI

By
Real Estate Agent with Resh Realty Group

Where can you spend a $1 and get a return of $1.18?  Why in Virginia Beach of course.  For every $1 the city spends on tourism it nets $1.18 back.  That is pretty good if you ask me and one the reasons the city is trying hard to draw tourists all year round.  Of course most tourists just come for the beach but the beach is pretty much maxed out.  You can build bigger hotels but that is only a marginal increase.  Town Center is a start, the new Convention Center helps and maybe a new attraction at the old Dome site will be a bigger help.  As a Virginia Beach resident, I am all for getting more tourist dollars in, it keeps my real estate taxes lower.

http://www.genesellsvirginiabeach.com/  Come and see ALL the Homes for Sale in Virginia Beach, Chesapeake, Norfolk, as well as the rest of Hampton Roads.  This site is updated daily with new real estate listings, pictures and other information vital to your home search.

Google gene allen

Posted by

http://www.hamptonroadsrealestate.ws Come and see ALL the Homes for Sale in Virginia Beach, Chesapeake, Norfolk, as well as the rest of Hampton Roads. This site is updated daily with new real estate listings, pictures and other information vital to your home search

 

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Location:
Virginia Virginia Beach City County Virginia Beach
Groups:
VIRGINIA
Real Estate Agents
Tags:
virginia beach
real estate
taxes

Anonymous
Post a Comment
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the woman to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the cloud to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Show All Comments
Rainmaker
1,002,824
Charles McDonald
Charlottesville Real Estate Solutions - Charlottesville, VA
REALTOR®, Blogger, Principal Broker®, Owner

that is an 18 percent return and nothing to sneeze at! Seems that the area is on the right track!

May 31, 2008 03:20 PM #1
Rainer
207,933
James Wexler
wexzilla.com - Scottsdale, AZ

any area that will invest in tourism and get a return.  The  city of Glendale ,AZ which hosted this past Superbowl , lost money overall . sounds like an island in the storm for real estate. we are struggling with that ROI in most areas.

June 05, 2008 10:57 AM #2
Anonymous
Post a Comment
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the house to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Show All Comments
Rainmaker
238,853

Gene Allen

Realtor Hampton Roads Real Estate
Ask me a question
*
*
*
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the folder to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Additional Information