Rental Property Management Services for Wilmington, NC

Wilmington is a port city in North Carolina. It is known as a gateway to the popular Cape Fear Coast beaches. There are over 122,000 people who live in the city within the approximately 53,000 homes there. According to rentcafe.com, 54% of homes in Wilmington are renter-occupied. Rental properties are an attractive option for investors because they can bring an influx of monthly cash. Rentals also have the opportunity not only to bring in monthly cash, but also may appreciate in value. On top of that, you can use the rents you collect to more quickly pay off your property to make it where your rents are almost 100% profits after the loan is paid off.

However, managing rental properties is not an easy task. Your first step in finding tenants. The screening process includes the posting of your rental property on the MLS, social media, and/or newspapers for potential tenants to find, background checks, credit checks, references, and income verification. Then there is property maintenance and collecting rents. This can be very overwhelming, especially if you have multiple properties.