Starting out in Wilmington, DE

[Corinne Bogan]

Hi BP fam! This is my very first forum post. I wanted to introduce myself and find a network of other RE investors in my area. I am a University of Delaware Alum, Delaware native, and current MPH candidate that happened to stumble upon Bigger Pockets and the idea of real estate investing. I am so passionate about the work I do in public health, but realize that this field will not be able to support my financial goals long term. I am 24 and realize what a great opportunity it is to get started early!

I am hoping to connect with others in the Wilmington, DE area to learn about their experiences, successes, and failures. My plan at this point is to purchase my first property in the upcoming year to live in while in graduate school, and then later rent out. Would love to connect and chat about the Wilmington market, finding off market deals, and just get to know you! 

[Eric Armstrong]

@Corinne Bogan hello Corinne and welcome to the DE RE community. It’s great, at your age, that you realize what you need to do for your financial future. Buying a place now with the opportunity to rent is a great strategy, especially with these mortgage rates so low. If you can find a multi unit, that would be ideal, but like mentioned above, they are harder to come by. I would recommend also consider the Little Italy, Union Park Gardens, and St Elizabeth areas. The DELREA FB page is a great resource for info and networking. Also, google “greater wilmington housing providers”, they are a Wilmington based landlord group. Most concentrated network of Wilmington landlords in the area. I believe they are having monthly virtual meetings at the moment. Very low yearly fee(maybe $40). Good luck and please feel free to reach out with any questions. Eric