Delaware Realty Management Blog
Get the latest news, updates, and practical advice for property managers and owners.
Insurance Requirements for Rental Properties
Protecting Yourself and Your Renters You turn from a homeowner into a landlord when you rent out your property, so your homeowner’s insurance no longer applies. While landlord insurance is not required by law, it is usually required by any lenders who have a stake in...
Setting Rates: How to Determine the Monthly Rent For Your Properties
Balancing Act Setting and adjusting the rent for your property can be tricky. Set it too low, and it might not make up for the costs involved in owning and upkeep. But, setting it too high causes the renter pool to shrink, and time is wasted while it sits on the...
Tenant Screening: What to Look for When Finding The Perfect Tenant
The Importance of Tenant Screening Renting out property can be a steady source of income, but with the wrong tenants, it can cause more trouble than it’s worth. From late payments to stolen or damaged items, the property can feel more like a burden than an asset. But,...
Real Estate and Rental Property Market Forecast
Thinking Back The housing market has been soaring recently. National housing prices have increased by 33% in the past 2 years, and we’ve seen the highest number of single-year home sales in more than a decade. So, everyone is naturally wondering how long this will...
Delaware’s Property Market Conditions – What to Expect
Delaware’s Property Market When buying or selling property, it’s easy to get lost in the tiny details and get overwhelmed, so let’s take a step back and look at the big picture. Delaware’s housing market, especially in New Castle County, is trending up. The median...
Property Management in Bear, Delaware — What You Need to Know
Why Buy or Manage Property in Bear, Delaware? Bear, Delaware has a population over 20,000 people, and that number is growing every year. Bear has become a more popular suburb in the last forty years, moving on from its humble farming origins. If you're considering...
Property Management in New Castle, Delaware — What You Need to Know
Why Buy or Manage Property in New Castle, Delaware? New Castle is a riverside town of 5,500 people. With a wide variety of households, age groups, and attractions, there is a place for everyone in New Castle. If you're considering property management in New Castle,...
Property Management in Townsend, Delaware — What You Need to Know
Why Buy or Manage Property in Townsend, Delaware? Townsend, Delaware is a small town that covers one square mile and houses about 2,700 people. Though its population has been growing steadily in recent years, Townsend maintains a quiet and friendly reputation. If...
Property Management in Pike Creek, Delaware — What You Need to Know
Why Buy or Manage Property in Pike Creek, Delaware? Pike Creek is a census-designated place in Delaware that is home to nearly 9,000 people. Because of its small size, Pike Creek has a small-town charm, while also being very close to two of Delaware’s biggest cities....
Property Management in Middletown, Delaware — What You Need to Know
Why Buy or Manage Property in Middletown, Delaware? With a population of over 22,000 people, Middletown is one of the fastest-growing areas in Delaware. 79% of this suburban town’s residents own their homes, and 41% are families with children under the age of 18. If...