Delaware Rental RE Market

[Kris Alexander]

I am fairly new to real estate, I live in Delaware and want to start my rental RE investing here. Eventually I want to start investing Out of state but think it’s best to start where I currently live. Any help on learning Delaware market and hot locations for good monthly cash flow. Finding properties, analyzing deals and number. Anything will help. Thank you!

[Eric Armstrong]

@Kris Alexander 2 of mine were purchased and fixed up to some extend.  That was 3 plus years ago though.  Wilmington Prices have gone up for sure, but quality of tenant hasn’t necessarily.  You can still get the 1% rule in decent areas but there aren’t as many there used to be. Low income areas can still get 1.5% or an occasional 2%.  This is on market props.  There are off market stuff out there is you’re a good marketer.