Delaware Realty Management Blog
Get the latest news, updates, and practical advice for property managers and owners.
How to Find the Perfect Rental Property To Invest In
Rents are rising across the country. In June, the median price for a 1 bedroom rental was up nearly 5% YOY. And 2 bedroom prices rose even further, climbing almost 7% above June 2020 rents. There's never been a better time to be a landlord. But before you can start...
Are Rental Properties A Good Investment for You? A Complete Guide
Are you wondering how you can make your money work for you rather than you working for your money? The American dream has always been the entrepreneurial spirit. This is why more and more people are looking into renting properties. That way, instead of wasting away in...
Top 5 Features Remote Workers Look for in Rentals
I’m stunned. According to an Upwork study covered by NPR, the United States is eyeballing an influx of 14-23 million remote workers. It turns out there were a ton of people staying in their cities because of their proximity to their employment. Now that COVID-19 has...
Housing Supply
According to Zero Hedge, “For 2020, New Home Sales climbed to 811,000, the best level in more than a decade, and Housing Supply was down. Housing Supply As mortgage rates sank in March, the low rate environment gave the slow housing market a second wind. Thousands of...
Many Landlords Require Renters Insurance
Many landlords require Renters Insurance. They feel it is vital that a tenant's personal belongings are covered. However, we believe that landlords should require renters insurance on any new lease or lease renewal. Why? Renters insurance doesn't just protect tenants;...
Are You Working with a Rental Real Estate Agent?
Many real estate agents will gladly represent a renter searching for his or her next place to lease – Are you working with a rental real estate agent who’s familiar with rentals in your target area. That’s how we found our first rental house. The agent showed us the...
Think About Hiring a Property Manager
Your friends will notice it first. You look tired or stressed. You are never free to get together, or phone calls suddenly call you away from activities you looked forward to for weeks. Your family complains about your long hours, and you can’t remember the last time...
Where Can I Advertise My Available Units for Free?
Where can I advertise my available units for free? In a recent blog post, we said, What Does a Property Manager Do? The number one job of a property manager is Tenant Screening. “The cost of choosing the wrong tenant is steep — in terms of time, money, and, in some...
Millions Face Homelessness
Without relief from Congress, millions face homelessness in the new year. Here's what's at stake: Some 12 million Americans Will Lose Unemployment Benefits the Day after Christmas. According to NPR, “We have been living under the original CARES Act that paid...
Choosing the Right Tenant
There are good tenants, and there are bad tenants. It would help if you looked at certain factors that will give you a better chance of choosing the right tenant. Following these six tips can help you make the best choice Choosing the Right Tenant 1. Follow the Law...