Scott & Lisa McElhaney started Arlington Property Ventures, LLC in 2001 and have been full-time real estate investors for over 15 years. They now live in Charleston, SC with their two young daughters. The couple began their career purchasing fixer-upper homes in Arlington, Virginia then renovating them into high-end homes which were sold upon completion.
The rehab projects gradually got larger in scale - moving from whole house rehabs, to “pop-top” additions, to new, ground-up $1,000,000+ luxury spec homes.
In 2010, they began migrating their attention to commercial real estate investing with a focus on the retail sector. The McElhaneys purchased their first commercial property in 2010 and have since then amassed a portfolio of retail commercial properties in the DC and South Carolina markets.
In this podcast, Scott shares how he and Lisa successfully made the transition from residential to commercial investing.