Need to know property management , contractors in De

3 Replies

Hi,

I am looking to purchase an investment property in Red clay school district , Delaware. I am looking for advice on property management companies who can provide me good rental information and trust worthy contractors in Delaware who can fix any issues. 

 Question for the group.

I know Wilmington delaware has a high crime rate and so how do i find if a particular property is in a safe neighbour hood? Any idea on how to find the average rentals in that area will also be good.

Buyan

Originally posted by @Buyan Thyagarajan :

Hi,

I am looking to purchase an investment property in Red clay school district , Delaware. I am looking for advice on property management companies who can provide me good rental information and trust worthy contractors in Delaware who can fix any issues. 

 Question for the group.

I know Wilmington delaware has a high crime rate and so how do i find if a particular property is in a safe neighbour hood? Any idea on how to find the average rentals in that area will also be good.

Buyan

If you know Wilmington you know that things can change quickly in a few blocks. Start with Trulia and use the crime heat map feature in there. Then you can also use the city's new crimemapping.com website. The city has also started publishing regular reports on the changes in crime by police district that you can find on the city's website here.

Also the new mayor and police chief have done a fantastic job on starting to turn things around. YTD crime is at a 5 year low after spiking last year. It's a pretty significant turn around in such a short time. Now only time will tell if they can sustain it though.

Best of luck as you start looking to invest in Wilmington!

Hi Buyan,

The advice about utilizing the crime feature on Trulia is spot on.

About 80% of our management portfolio is currently in Wilmington, so we are very familiar with the differing areas.

As was said, Legitimately one block makes all of the difference in Wilmington. That being said, the opportunities there are amazing. We’ve found many great deals that are worth pursuing in the area.

Feel free to reach out if there are any questions we can answer for you about property management.

Best,