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Blogs

Should You Hire A Property Management Company in Wilmington?

By Jonathan Swanson, Broker @ Sea Gate Realty, Inc.

Some people go into multi-family investments thinking it will be a breeze. After dealing with collections, maintenance, complaints, and repairs they will soon realize, being a landlord is a lot of work! At what point should you hire a property management company? It is a decision many landlords face. Do the benefits outweigh the cost? … Continued

What Does it Mean to Have a Distressed Property in Wilmington?

By Jonathan Swanson, Broker @ Sea Gate Realty, Inc.

Distressed property may be a property that is either in an advanced state of disrepair, which is obvious, and may also have landscaping that has grown wild and is potentially damaging structures or the foundation or facing an impending foreclosure procedure. Although listing and selling your home is a complicated and stressful process during the … Continued

Explore One Of The Hottest Trends For Wilmington Real Estate Investors: Rent to Own

By Jonathan Swanson, Broker @ Sea Gate Realty, Inc.

There is a growing trend towards the rent-to-buy investment strategy in Wilmington, with two approaches. Some investors are locating viable tenants and then finding a property well suited to their needs, though their profits may be smaller, while others find great deals on the Wilmington market and then locate their tenants. Unlike flipping, a rent-to-buy … Continued

4 Things People Don’t Know About Working With Home Buyers in Wilmington

By Jonathan Swanson, Broker @ Sea Gate Realty, Inc.

Need to sell your house in Wilmington? Working with home buyers can be a great option. Deciding how you will sell your home is a pivotal moment. Making an educated decision about your method will empower you to earn the highest potential profit while meeting your specific needs. While the majority of homeowners’ first thought … Continued

Rent to Own In Wilmington Real Estate Market Is A Win-Win

By Jonathan Swanson, Broker @ Sea Gate Realty, Inc.

Rent to own in Wilmington is a perfect solution in a soft real estate market for someone wanting to buy a house. A Typical Rent to Own Scenario It starts with a seller who knows he wants to sell a property he is no longer living in. He also realizes the market just took a … Continued

Handling Rental Deposits in Wilmington – Deductions and Returns

By Jonathan Swanson, Broker @ Sea Gate Realty, Inc.

Owning a rental property can be a great way to earn additional income. However, you’ll need to abide by the book in order to avoid conflicts and keep the peace. As a landlord, you will need to collect and handle rental deposits when tenants come or go. It can be an area of contention when tenants … Continued

How Wilmington Agents and Investors are Working Together to Help Homeowners in Wilmington

By Jonathan Swanson, Broker @ Sea Gate Realty, Inc.

Professional real estate agents and investors have designed an emerging real estate strategy to bring the best of both worlds together to benefit sellers, creating an easier way to sell. This new breed of real estate professional is the hybrid agent investor, who can wear either hat, whichever best suits you as the seller. Read … Continued

5 Red Flags to Look for When Buying an Investment Property in Wilmington

By Jonathan Swanson, Broker @ Sea Gate Realty, Inc.

Real estate investments done right can build significant wealth over the long term and bring in a reliable monthly cash flow stream. In addition, because rental rates tend to rise with inflation, your income will increase with the cost of living. As a result, you can continue living life on your terms, with the security … Continued

What You Should Expect With A Wilmington Build To Rent Opportunity

By Jonathan Swanson, Broker @ Sea Gate Realty, Inc.

Rentals in the single-family sector are in short supply, with high demand, interest rates, and construction costs increasing. Rental rates reflect this trend, keeping pace with inflation yet still far below current costs for new homes and mortgage payments. As a result, many would-be new buyers are choosing to rent, with their plans to buy … Continued

The Top 10 Challenges Homeowners Face When Selling a House in Wilmington

By Jonathan Swanson, Broker @ Sea Gate Realty, Inc.

What are the top 10 challenges homeowners face when selling a house in Wilmington? Let’s sell the house! It sounds so easy, yet once you begin to approach the matter, you’ll find that a successful home sale is dependent on a series of good choices along the way. With advance warning, you can prepare yourself … Continued

Tips on Selling a Rent to Own House in Wilmington Fast

By Jonathan Swanson, Broker @ Sea Gate Realty, Inc.

Are you planning to move soon or relocating to another area and need to sell your home fast? Sometimes it just takes looking at something from another perspective. Selling a house with a rent to own arrangement may be a solution if you cannot sell your home fast enough the traditional way. Why Sell with … Continued

Are You Ready for Your First Investment Property? 5 Questions to Ask Yourself Before Buying in Wilmington

By Jonathan Swanson, Broker @ Sea Gate Realty, Inc.

As with every significant step in life, if you are purchasing your first investment property, it takes planning to achieve success. You should have set out an investment strategy for the long and short term and your exit strategy for the property. Savvy investors understand that constant monitoring of the local market and national trends … Continued

The Best Way to Sell Your House in the Wilmington Market

By Jonathan Swanson, Broker @ Sea Gate Realty, Inc.

As hybrid agent investors, the best of both worlds have joined forces offering home sellers solutions, making the process quick and easy. We’ve pioneered a new approach to working with sellers, enabling you to make an educated decision based on your given circumstances without any pressure or obligation. This approach allows you to go into … Continued

How To Form A Great Partnership When Investing In Wilmington Real Estate

By Jonathan Swanson, Broker @ Sea Gate Realty, Inc.

Are you ready to begin investing in Wilmington real estate? Finding the right partner can be instrumental to your success. Learn more about forming partnerships and what you need to do to launch your real estate investment career in our latest post! Investing in Wilmington is an excellent decision. But if you’ve never done it … Continued

3 Things To Consider When Investing In a Wilmington Build To Rent Property

By Jonathan Swanson, Broker @ Sea Gate Realty, Inc.

As the competition among buyers of single-family homes increased, enterprising land investors, builders, and other professionals in the industry joined forces to develop planned build-to-rent communities, which are tracts of rental homes, instead of competing with individual buyers for available properties.  As the pandemic progressed, the mindset and focus of many potential renters turned away … Continued