Updated about 9 years ago on . Most recent reply
Rental market in Wilmington DE
Hi fellow BP members,
Newbie here.
I live in suburban Philadelphia area. Right now in phase of researching areas.
One of my research area is Wilmington DE , because of lower entry cost and taxes.
It seems like one can also find deals in 20K's in area while rent is around $600-$800.
Is there any specific areas that is good or bad for rental properties?
What is usual timeframe for finding tenant (just rough estimate)?
What kind of tenant should we expect?
Where is Wilmington market heading?
And any other advice?
Thank you all for your time.