Hello from Rehoboth Sourthern Delaware!

Hello from Rehoboth Sourthern Delaware!

Member since 2019 · 1 post · 0 votes

Hi.. I am new. My name is Fats. My husband and I are retired, working part time and would like to buy a Rehoboth beach condo to rent out. 

So would like to have a chat with anyone who has experience in this area or any in general, renting out a condo unit.

Thanks !

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  • Noah BaconPro Member
    Property Manager · Lansdale, PA · Member since 2021 · 844 posts · 1k+ votes
    2y

    Hi Fatima! Welcome to BiggerPockets and thanks for joining!

    Here are some tips for networking and making the most of your account.

    1) I'd fill out your profile fully before you do anything else! As that will at least help folks that you reach out to know that you are a real person, with a picture and professional bio. Particularly be sure to include your goals for real estate investing so that folks can help you.

    2) Follow your favorite forum topics and set up keyword alerts! Adding keywords related to your investment strategy or market locations can be updated in your settings. You’ll receive notifications when there is conversation in the forums you follow or if a user mentions those keywords—so keep them updated often!

    3) Check out some of the local meetups that you can find in this forum! There are so many so be sure to filter by your location.

    4) Review Dave Meyer’s The State of Real Estate Investing Report 2024 (in your resource page as a member of BiggerPockets!) for real estate investors available to all BiggerPockets members!

    5) Consider meeting with a few agents in your area even if you are just getting started! An investor friendly agent can do all sorts of helpful things, like setting you up with a search for properties or connecting you with folks who have recently done deals like the ones you want to do.

    6) Consider analyzing a deal or two in your local market, just for practice, with a free use of our Rental Property Calculator (or other calculators).

    Hope this helps! Please reach out with any questions you may have!

  • Logan LaperriereBusiness Member
    Real Estate Agent · Grand Rapids, MI · Member since 2023 · 333 posts · 124 votes
    2y

    Hey Fats, 

    Welcome to the Forum,

    Do you plan to rent out the condo as a short term rental?

  • Julio GonzalezPro Member
    Specialist · West Palm Beach, FL · Member since 2008 · 4k+ posts · 1k+ votes
    2y

    It's fantastic to have you here, Fats! Exploring the idea of buying and renting out a Rehoboth beach condo sounds like an exciting venture.

    Cheers to your new journey in the world of real estate!
    -Julio

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