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Updated over 7 years ago,

User Stats

35
Posts
8
Votes
Neerav Patel
  • Rental Property Investor
  • North Wales, PA
8
Votes |
35
Posts

Rental market in Wilmington DE

Neerav Patel
  • Rental Property Investor
  • North Wales, PA
Posted

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.

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