Tag Archives: real estate bethesda

Real Estate Seminar Invite

Happy New Year Friends!
I wanted to take a moment to invite you to the first of a periodic series of real estate investing seminars that I will be holding in 2018 (key details below).
The seminar is designed to assist individuals in thinking through the challenges and opportunities available in the real estate investing arena. My goal is to ensure that we provide value for new and experienced real estate investors alike. Or to put it another way, whether you want one investment property to pay for retirement or a portfolio to create generational wealth, this seminar should provide real value for you.
If you are interested please RSVP to raj@rajabout.com or call me at (240)486-3921.
If you are not sure if this is for you and want to chat a bit more, feel free to drop me a line or call.
I’d also really appreciate it if you could send this post to a few people you think might benefit from this seminar.
Many thanks, happy new year and hope to see you on the 13th!
Cheers,
Raj
What: Introduction to Real Estate Investing (Seminar)
When: January 13th 2018 10am – 11.30amWhere: Keller Williams Capital Properties, 7801 Woodmont Ave, Bethesda, MD 20814
Who: Raj Purohit (Associate Broker and Real Estate Investing Instructor) and Nick Dourian (Mortgage Loan Officer)
RSVP REQUIRED by January 10th, 9pm

Breaking News: Amazon Bookstore Coming to Bethesda

Looks like a few folks (including our friends at Bethesda Magazine) have heard that Amazon will be opening a bookstore in the Urban Country space.

Wonderful news although I wish they had take the Barnes and Nobles space!!!

 

 

Beyond Bethesda: National Park Seminary Transforming a Sorority House to a Colonial

Hi friends,

As you know it is rare that I post about “things” outside of Bethesda but once in a while I can’t resist :-)

In this case I wanted to let you know about an amazing and unique property that my colleague Gus, at Keller Williams Capital Properties, is going to be listing in a couple of weeks.

National Park Seminary was a resort hotel from 1887 to 1893, a school for young women from 1894 to 1942, and a U.S. Army medical facility from 1942 to 2004.”

Gus’s client has been working with his team to renovate, historically, one of the original sorority houses from the school phase of NPS and it is almost ready to put it on the market as an incredible single family home.

I have taken a few pictures of the property just to give you a flavor of the work so far (and the immediate area) and will also make sure that I post a short note to let you know when it is being held open for the public to take a look.

Let me know what you think of the property and of course you are welcome to come to the open!

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Bethesda Will Continue to Change

 

 

 

 

I suspect that this view from Triangle Towers is going to look very different in the months and years ahead. Notice the Whitehall condos in the background, in front you see several residential and commercial low rise developments.

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More Construction Outside the Gallery and Triangle Towers

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New Construction has started across from the Gallery and Triangle Towers

Across from the Gallery and Triangle Towers (more details on the project to follow):

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Real Estate, Aging and Mobility Town Homes and Condo’s

I wanted to continue our rolling discussion on real estate and mobility within the home by considering town homes and condos as options for folks looking to downsize in part due to mobility concerns that often come with age.

Now, townhomes are an interesting option for people looking to sell a single family home but still in need of a reasonable amount of space. One thing that I would note is that many townhome communities have a real mixture of housing stock within them so you will have to look carefully to find homes that have useful mobility features. And what do I mean by that? Well I am thinking specifically of townhomes with main level bedrooms/ bathrooms/ master bedrooms and town homes that allow access to that main level while climbing very few or no stairs.

Another option (and one that is becoming increasingly popular) is to buy a townhome that has an internal elevator so that you have access to the whole property without going up and down stairs.

Condo’s are of course another option – more often than not they are on one level (within the unit) and there is an elevator providing access to the unit itself. A mobility consideration for condos may be to look at access to the building itself – are there stairs? A ramp?

That is all for now – I will have more thoughts on real estate as we age next week.

As I mentioned – these posts are just snippets to get you thinking about these issues. Feel free to email me with specific questions. It should also go without saying that I am happy to meet with you to discuss your real estate needs and assist you in developing a real estate plan that takes into consideration your needs as you age. My email is raj@rajabout.com and cell is 240 486-3921

Montgomery Row Info Event

I will be heading to an information update session at Montgomery Row in Bethesda tomorrow.

Will be sure to report back with my thoughts on this new Town Home Community.

The town home are priced from the 800s and there is a free shuttle to the metro as well as good access to 495 and 270. The developer EYA has a good reputation. Will see what updates they have and let you know!

 

 

Real Estate as You Get Older

Friends,

The demographic data is clear – the United States is aging and Bethesda’s population is certainly tracking that national trend.  As we, as a society, look to address the changing needs of an aging populace, real estate will play a key component in our thinking and decision making.

As a real estate professional I am having conversations about aging and real estate constantly with clients.

For some the challenges surround selling a home that is too large or unwieldy to live in and maintain while for others it is trying to work out whether there next home is their final home or a bridge to assisted living. These are important discussions and each has a fair share of built in questions to consider.

In the coming weeks I will be raising  some of these questions and making a few suggestions that might be useful. I really encourage you to email me questions/ or topics you want me to address at raj@rajabout.com – we can’t cover all the details on every topic in a blog format but hopefully this will be a good start. I am also hoping we can bring in the view points of non-real estate experts who can contribute to this discussion.

Cheers!

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Picture of a Soon to be built retirement facility adjacent to Battery Park. Many in Bethesda are trying to work out their real estate moves prior to entering a retirement facility. I try to assist with that.

 

Target Coming to Bethesda

SO it seems that Target is going to open one of its urban style stores on the first floor of The Shops of Wisconsin – better known as the Trader Joes complex.  While the Target will certainly provide some advantages to the community, it will also pose a challenge from a parking perspective. Things are already tough there and Target will increase the pressure for spaces. Now, it is true that the Bethesda shuttle runs to that spot – perhaps there is a way to increase the number of shuttles running particularly during peak shopping times? The real estate space being secured by Target is approx 35,000 it seems. What do you think? Benefit? Problem?