THE STABLES PROPERTY GROUP
They say the best time to start investing in real estate was yesterday. But, I believe the next best day
My name is Tracey Neale and I am a licensed Realtor® in the Commonwealth of Virginia. After buying, renovating and selling residential real estate, I’ve learned a lesson or two about the ups and downs of real estate investing.
Lifestyle TV shows are a lot of fun! They make it look so fast and easy, but before you dive in - know that it will require a significant time commitment and a lot of hard work to stay in the game!
It will also take a double dose of dedication and education; calculating basis points, measuring positive cash flow and knowing how to create passive income, among other skills. And there are many different types of investors: wholesalers, tax liens buyers, landlords, and your basic flipper. We will examine them all, and discuss new and interesting ways to finance your projects like - crowdfunding, private and hard money loans.
When I started investing, I didn't have a source to help me figure things out, so I had to learn many lessons on my own and sometimes, the hard way. But, I am grateful because I developed a passion for it, even though real estate was not my primary career.
And that certainly hasn't stopped people from asking me to share my journey and offer tips.
So, I’ve redesigned this website to showcase some of my favorite properties and share a bit of what I've learned over the last decade+.
I feel blessed that many of the stories had favorable outcomes, but a few did not. Even so, almost all of the properties have unique backstories, and that is enough to keep me inspired. Like the one with ties to the Vatican that surprisingly drew praying nuns to the gate or the one that became part of an embassy in downtown DC. There is nothing like taking the worst building on the block and turning it into a gem!
Read my written blogs and watch for upcoming videos.
Note: What I’m posting isn't investment or expert advice, it's just tales of trade which you might find useful.