Small business owners understand the expenses associated with traveling. In addition to the flight, airport fees and meals, you could be talking about serious costs, and you haven’t even booked your lodging yet. The following are advantages of condominium ownership, and ways it can improve for your business savings.
Great Resale Value
Washington DC is one of the few areas around the United States experiencing a rise in home prices in recent years. Not only have the values on homes, condominiums, and town homes increased, the area is reporting substantial housing property growth within the community. For companies with employees consistently traveling in and out of Arlington VA and the Washington area on business, you’ll find buying a substantial savings to renting or booking an expensive hotel. Depending on the location, you can find affordable condominiums for sale in a great neighborhood. Also, with interest rates at an all-time low, your payments will be minimal compared to expense-budget money on lodging.
Savings on Meals
Meals on the road can be expensive for business owners and eating out several times a day can add up. With a condo, you have the opportunity to trim your budget by eating in-house and preparing your own food. Hotel gift shops, convenience stores, room service and the mini bar can be expensive, and you won’t find the healthiest of choices. Storing your own food, beverages and toiletries can save many a traveler on unnecessary costs.
Condominiums that are centrally located make it easy for you and your co-workers to get to your meetings and trade shows on time. The urban destinations are also ideal for entertaining, and you’ll have an assortment of restaurants, shows and historic sites to select from.
In addition to saving on expenses such as food, lodging and time, you’ll find owning a dwelling in the Washington DC area an added tax benefit compared with renting. Not only is your money going down the drain by renting, your company’s monthly mortgage amount will stay the same, and the debt reduced significantly every year until it’s paid off. Maintenance on the building and other common elements are also taken care of so you don’t have to worry about mowing the lawn or general upkeep. Many condominiums have an assortment of amenities at your fingertips such as a fitness facility, clubhouse and security.
Using a Real Estate Agent
Utilizing the services of a real estate agent can help small business owners when selecting a Washington DC condominium. Not only are they an expert in the realty industry, they can also offer sound advice on selecting the perfect dwelling for your needs. A Realtor is also a tough negotiator and can provide you with the data to make the right offer on a property.
Business owners traveling to the Washington DC area regularly may want to think twice about wasting their hard earned cash on renting or reserving a hotel room. Investing in real estate can save you money on an assortment of expenses and help you place the funds saved on your company’s growth and success.
A small business owner, Ann Bailey shares these pointers for saving business travel expenses on Arlington VA and DC trips. The dedicated Realtors at Northern Virginia Avenue Realty work tirelessly to help their clients find exactly what they want and need in property around the nation’s capitol.