With Philadelphia, Delaware, and the Jersey Turnpike and 295 running right through, it leaves a lot of potential for renters.

I had estimated gross rent at $4800, but actual rent is $4400.Large 3 bed (estimate $1400), actual $1400Small 3 bed (estimate $1300), actual $12002 bed (estimate $1200), actual $10001 bed (estimate $900) actual $800Original Post for 1st Quadplex Newport, DE Part 1 below:Jack Clough Investor/ Licensed Agent from Wilmington, Delawareposted about 1 month agoLast November, a partner and I purchased a quadplex in Newport, DE for 40k after negotiating directly with the owner who was way in over his head trying to rehab by himself (much more to that story...).This was a complete gut job of 4500 sf.

I recently engaged an owner that posted his 5 unit property for sale as a FSBO. He wants $395k for 5 units. the gross monthly income ranges from $500-585/mo/unit...it averages to about $567mo per unit. Total gross ren...

Jorge De Jesus actually no!

 @Jorge De Jesus and @Johnathan Mark I will be there as well and looking forward to it!

Jorge De Jesus put together a small, informal meetup this saturday in the Katy area if you are interested.

@Jorge De Jesus - Sorry for the late response.No - I am purchasing the house and holding paper for the buyer.

Hi all,My name is Tim Steward and I am making the move to the Dover, DE area this fall as I will be starting grad school at Wesley College.

5) What I am trying to do is to gradually receive the funds, but I'm not sure how to accomplish that.6) I have heard a suggestion to do multiple 1031s and receive a certain amount of cash year, but that would be alot of work since I would have to buy 90% of my current assets, then the next year 80% of my current assets, etc.7) I don't really trust the TIC and/or DST (Delaware Statutory Trust) type properties, so I tend to think of this as the most likely resolution.8) Since some of these properties are triplexes, some would be classified as residential. 

I understand that Delaware Statutory Trusts and TICs are options---but not so much for me.