Real Estate Investing with BRAC in Mind
The Impact of Base Realignment and Closure (BRAC) on the Maryland Real Estate Investor
November 22, 2007 - Upper Marlboro
In a recent article at www.gazette.net entitled, Task Force Outlines County BRAC Priorities, the Maryland Governor's Base Realignment and Closure Subcabinet submitted a draft 88-page report that stated--among other things-- that economic development near Andrews Air Force Base, road work along Pennsylvania Avenue, and funding for science and math programs in public schools should be top state priorities for Prince George’s County in the next five years. Download a copy of the draft BRAC Action Plan here.
February 10, 2007 - Upper Marlboro
The Metro section of the 9 February 2007 Washington Post contained an article that should be required reading for every Maryland real estate investor.
The article, "Base Plan Would Add 45,000 Jobs, Md. Predicts", discusses Maryland's potential gain of more than 45,000 jobs as part of a Pentagon reorganization of military bases. The planned reorganization would add workers to installations such as Fort Meade and Aberdeen Proving Ground. These additional jobs translate into a need for additional homes in and around those Maryland counties.
The article goes on to cite several studies and reports related to BRAC and the struggle of county officials to accomodate the anticipated entry of an increased workforce. Savvy investors with an interest in BRAC-impacted counties in Maryland need to get their hands on these reports in order to better plan their investment strategies. Access to these reports is provided below.
Lt. Governor Anthony G. Brown calls the BRAC impact "...the single largest job growth in Maryland since World War II." Don't miss this opportunity.
PIER Services Group, a real estate investment company, looks forward to assisting those investors with an interest in the aforementioned counties. PIER provides a full range of services including foreclosure consulting and wholesaling. To get on our Buyer's List,
CLICK HERE to access and complete our Buyer's List Application.
LET THE MILITARY PERSONNEL KNOW ABOUT YOUR RENTAL PROPERTY
Do you have rental property in or near these BRAC-impacted areas for which you'd like to market to military personnel? Increase your success by listing your rental on the military's largest website for rental information! For website information, send an email to
Shawn.Costley@pierservicesgroup.com and put in the subject line, "Military Rentals."
REPORTS & STUDIES RELATED TO BRAC IMPACTS IN MD
CONTACT:
Shawn E. Costley
3540 Crain Hwy
Suite 386
Bowie MD 20716
301.573.2267