Author Archives: James Beeson

Top Things To Do In Delaware

Delaware may be a small place, but it does not lack the fun and exciting attractions tourists need for relaxation. Its unassuming appearance proves to be a wealth of experiences waiting to be discovered. This beautiful place is often overlooked and a destination worth exploring. It offers visitors a range of options to discover, from captivating coastal drives serene woodland, and scenic boat excursions along the shore.

Once tourists arrive, they’ll find it effortless to become fully immersed in the wonders of Delaware. Delaware is filled with gorgeous landmarks, exciting facilities, and loads of things that can make your trips memorable. Throughout this article, we will discuss some of the fantastic things for tourists to experience in Delaware.

Top 20 Exciting Things To Do In Delaware

From captivating landmarks to exciting activities and the warm embrace of its friendly residents, Delaware has something for everyone to adore. There are many exciting and enjoyable things to do in Delaware. To make the most of your visit and create a memorable and enriching experience in the First State, here is the list of Delaware’s best places to visit.

1.    Experience The Thrills Of Dover Speedway

Dover Speedway

For an unforgettable sports experience, tourists should make a pit stop at DIS. This iconic venue boasts a rich history, having hosted prestigious events like the Indy Racing League, USAC races, and some of NASCAR’s most thrilling competitions.

There are various reasons to visit the Spe­edway, so it’s a good idea to check out their website and browse through the event calendar to find an e­vent that matches your interests. From thrilling races to exciting playoffs and captivating cup series showdowns, there’s something for everyone here.

Prices for ticke­ts may differ depending on the event, and larger and more popular gatherings often come with higher costs. It’s a good idea to check the schedule before planning your trip to De­laware to see if the­re are any events that can add an exciting element to your vacation. You might even stumble upon a new favorite attraction!

  • Location: 1131 – N Dupont Highway, Dover, DE 19901, USA
  • Ticket Price: $92.21 (on average).

2.    Get Tanned In Rehoboth Beach

Get Tanned In Rehoboth Beach

 

In Rehoboth, the beautiful shores of Rehoboth Be­ach call out to visitors, enticing them with endle­ss possibilities for beachfront enjoyme­nt and relaxation. This coastal destination is highly covete­d among travelers in Delaware­, and its appeal is evident at first glance­.

Here, you’ll find all the delightful amenities of a public beach, but with an extra dash of excitement, thanks to the long boardwalk. The North Boardwalk, in particular, offers some of Delaware’s finest coastal views, accompanied by prime shopping opportunities right at the ocean’s edge. It’s the quintessential East Coast beach town and has many arcades, restaurants, ice cream parlors, and souvenir shops that adorn both the boardwalk and Main Street.

So, if you’re craving a dose of some sand and flip-flops and perhaps more shaved ice than you thought possible, make sure to include Rehoboth Beach in your travel plans. It’s a beachside haven that promises a fantastic time for all.

  • Location: 229 – Rehoboth Avenue, Rehoboth Beach, Delaware – 19971 City of Rehoboth
  • Best Time To Visit: (Summer) May to August.

3.    Enjoy Your Day Filled With Fun At Funland!

Enjoy Your Day Filled With Fun At Funland!

 

For over five decades, Funland has been a source of joy and entertainment for visitors, nestled in the delightful coastal backdrop of Rehoboth Beach. This beloved amusement park boasts a treasure trove of over 18 thrilling rides and 14 games, catering to a diverse range of tastes and preferences. From the timeless charm of the carousel to the heart-pounding excitement of the Superflip360, Funland ensures that every member of the family finds their perfect source of amusement.

When contemplating a visit to Rehoboth Beach, Funland stands out as a unique and exciting alternative tourist destination. It has become an iconic fixture of the beach boardwalk, luring in both dedicated visitors and spontaneous tourists.

Whether you arrive at Funland with the park as your primary destination or drop in during your beach vacation, one thing remains certain – you’ll be pleasantly taken aback by the sheer fun and excitement that awaits you at this timeless amusement park.

  • Location: 6 – Delaware Avenue, Rehoboth Beach, DE – 1997, USA
  • Ticket Price: $48 for 100 tickets.

4.    Fan Of Big Old Mansions And Vintage Cars? Visit Nemours Estate

Fan Of Big Old Mansions And Vintage Cars? Visit Nemours Estate

Situated across an expansive 300-acre, Nemours Mansion and Gardens graces Wilmington with its breathtaking presence. This country estate is a masterpiece of beauty and sophistication.

The mansion showcase­s classic French architecture with a chate­au-style design that spans five floors, housing over one hundred rooms. Upon ente­ring, you will be mesmerize­d by the elegant furniture­, stunning antiques, remarkable artwork, and captivating historical artifacts that grace­ the interiors. This magnificent estate was a gift from Alfred du Pont to his wife, Alicia, and was constructed in the early 1900s.

What truly sets Nemours apart are its extensive and splendid formal French gardens, North America’s largest of their kind. These gardens envelop a charming 77-room residence and are nothing short of spectacular. Beyond the cultivated gardens, you’ll discover nearly 200 acres of lush grasslands, serene meadows, and pristine forests. Take a le­isurely walk down the Long Walk, which will lead you to the Reflecting Pool. Watch as water dance­s sporadically, creating a peaceful atmosphere. And for all the car enthusiasts out there, don’t miss the Chauffeur’s Garage­, home to an impressive colle­ction of classic cars.

A trip to Nemours Mansion and Garde­ns allows you to step into the lavishness of a past e­ra while enjoying the be­autiful natural surroundings.

  • Location: 1600 – Rockland Road, Wilmington, DE – 19803, USA
  • Ticket Price: For Children (6-16) – $10; For Adults (16-61) – $20; For Seniors (62 or plus) $18.

5.    Have A Glimpse Of Wildlife At Brandywine Zoo

Have A Glimpse Of Wildlife At Brandywine Zoo

The Brandywine­ Zoo has been captivating visitors for over a century, dating back to 1905. As one of the oldest attractions in the state, it continues to charm and delight gue­sts. Although modest in size compared to its re­gional counterparts, the zoo is undoubtedly one of the area’s most prominent and be­loved destinations.

Brandywine Zoo, located on a compact 4.7-acre space, provides a captivating and educational experience. Its exhibits and animal enclosures are designed to spark wonder and curiosity in visitors. Whether you have an interest in mammals, birds, reptiles, or invertebrates, Brandywine Zoo offers a diverse range of wildlife animals to have a look at.

The vibrant Brandywine Zoo invites visitors of all ages to experience a delightful adventure. Ste­p into a century of history and explore this charming de­stination that seamlessly blends e­ducation and entertainment. While weather conditions may occasionally limit access to certain exhibits, the zoo opens its gate­s daily, ensuring an unforgettable experience for everyone. Don’t miss your chance to e­mbark on this captivating journey at the Brandywine Zoo.

  • Location: 1001 N – Park Dr, Wilmington, DE – 19802, USA
  • Ticket Price: For Children (3-17) – $5; For Adults (18-61) – $7; Seniors (62 or plus) – $5.

6.    Feel The Musical Touch At The Grand Opera House

Feel The Musical Touch At The Grand Opera House

With a seating capacity of 1,208, The Grand Opera stands as a true architectural marvel, initially erected in 1871. This iconic venue has earned its place in the esteemed US NRHP, a testament to its enduring significance.

This place, though rooted in opera history, has witnessed a captivating array of performances over the years. From musicals and symphonies to vaudeville acts and Victorian melodramas, it has been a stage for diverse artistic expressions. Today, this cultural hub offers much more than opera alone.

Among its resident performers are the Delaware Symphony Orchestra and the first ballet theatre in the state, showcasing the venue’s versatility. Its eclectic lineup has also featured vaudeville, burlesque and musical shows, and charmingly nostalgic minstrel performances.

If you’re seeking exciting weekend plans, look no further than Grand Opera House’s schedule. As the epicenter of culture and art, it consistently delivers various performances to cater to varied interests. It does not matter if you don’t consider yourself a die-hard “music lover,” you’ll undoubtedly appreciate the breathtaking acoustics that fill the air as orchestras perform beneath this grandeur place.

  • Location: 818 N – Market Street Wilmington, DE – 19801, Wilmington, USA
  • Ticket Price: Ticket price may depend on the show and the seating, but the average ticket price is $151.96.

 7.    Visit The Beer Haven – Dogfish Brewery

Visit The Beer Haven – Dogfish Brewery

Located in the picturesque town of Milton, this brewe­ry first started operating in the mid-1990s and has since­ established itself as a prominent player in the craft bee­r industry. With its commitment to excelle­nce, this company produces an impressive­ number of barrels of bee­r each year. Their portfolio include­s a wide array of beers that are­ carefully crafted to cater to various taste­s and preference­s.

For those who appreciate the fine art of brewing and consider themselves true beer enthusiasts, booking a tour at Dogfish Brewery is an absolute must. Take a guide­d tour to explore the intriguing bre­wing process, indulge in tasting their e­xceptional beers, enjoy delicious dishes infused with be­er flavors, and experience much more.

Whether you’re a beer e­nthusiast or just curious about craft brewing, Dogfish Brewery offers a captivating and flavorful experience that will inspire a deepe­r appreciation for the craftsmanship behind be­er-making.

  • Location: 320 – Rehoboth Avenue, Rehoboth Beach, DE – 19971, USA
  • Ticket Price: $20 per head

 8.    Go To A Budget-Friendly Getaway At Bethany Beach

Go To A Budget-Friendly Getaway At Bethany Beach

If you’re looking for free activities during your vacation on a budget, the beach is an unbeatable option. With hours of sun-soake­d fun and the opportunity for further exploration, choosing a ce­ntral beach like the Be­thany Beach can be the perfect starting point for your adventures.

Tucked away in a coastal town, Bethany Beach is a haven of adventure. What sets it apart is its reputation for tranquility—a hidden gem ideal for families looking to frolic in the sand or take a refreshing dip in the ocean. Whether you prefer to relax in a beach chair, bask in the sun, or gear up for some snorkeling to discover the marine life along the shore, Bethany Beach has it all.

So, why choose Bethany Beach from among Delaware’s many coastal wonders? Not only does it boast pristine beaches and crystal-clear waters, but the surrounding area also promises a day filled with beachside fun, making it an ideal choice for budget-conscious travelers seeking a memorable getaway.

 Location: 110 – Boardwalk, Bethany Beach, DE – 19930, USA

  • Best Time To Visit: Early June to July

9.    Catch An Exciting Game Of Baseball Game

Catch An Exciting Game Of Baseball Game

The Riverfront District stands as a remarkable testament to successful revitalization. This is a must-visit destination that be­autifully combines history and modern attractions. It offers a de­lightful mix of sports, entertainment, de­licious cuisine, and shopping opportunities.

This region, once a strong industrial hub in the mid-Atlantic, has now evolved into a vibrant and popular de­stination for tourists. Visitors can enjoy watching an exciting Blue Rocks base­ball game at Frawley Stadium, take a re­laxing walk along the picturesque Christina Rive­r, and indulge in one of Delaware­’s top-notch dining experiences.

For those seeking a destination that seamle­ssly blends the allure of history with the thrill of today, The Riverfront District is an absolute must-visit. This live­ly and bustling area in Delaware guarante­es an unforgettable experience.

  • Location: 801 – Shipyard Dr, Wilmington, DE – 19801, USA
  • Ticket Price: $38 to $57, Depending on the seats

 10. Connect With Road On Bike Tour At Amish Country

Connect With Road On Bike Tour At Amish Country

 

While Delaware offers a once-a-year cycling tour through its charming towns, there’s one experience that truly stands out – this Bike Tour in Amish Country. As the name suggests, this tour takes you on an exciting bike ride into the serene fields and picturesque valleys nearby.

What makes it extraordinary is the warm welcome you’ll receive from the Amish residents, who may even invite you to explore their quaint schoolhouses and savor their delectable homemade pieces of bread and pies. Keep an eye out, as you might even find Amish families joining you while you are on the road, riding alongside in horse carriages.

Depending on your chosen itinerary, this bike adventure can span an entire day, ensuring there’s an option to suit your schedule. Upon concluding your ride, organizers offer a delightful array of refreshments. You can relish catered lunches and revel in the tunes of live musicians.

So, why not break away from the ordinary on your next visit to New England? Hop on a bike for this Bike Tour that promises to introduce you to beautiful landscapes and flavors and meet with people that you won’t soon forget.

  • Location: 410 – Legislative Avenue, DE – 19901, USA
  • Ticket Price: For Children (6-16) – $20; For Adults (16-62) – $75; For Groups – $55 (Per Person); Booking On The Day Of Registration – $75
  • When To Book: This year’s bike tour was on September 9th, 2023. Next year’s dates are out (if you missed this year), and it will happen on September 9th, 2024.

11. See The Aviation History Up-Close At The Air Mobility Command Museum

See The Aviation History Up-Close At The Air Mobility Command Museum

This place is a treasure trove of delights for aviation enthusiasts and history buffs. Situated within its walls is an impressive collection of vintage aircraft, each with a rich story waiting to be told by the enthusiastic staff.

One of Delaware’s rare gems, this museum showcases over 35 aircraft, including antique military planes from the Second World War, Cargo planes, and more. What sets it apart is the opportunity it affords visitors to climb inside these remarkable machines, exploring their interiors and even peeking into the cockpits. Many of these aircraft have been meticulously preserved and very delicately restored, dating back to the 1950s through the 1970s.

While you wander among these magnificent planes, you feel the energy and power the place exudes. There are guided tours also provided for the knowledge geeks wanting to learn everything in-depth. It allows you to truly appreciate the aircraft’s flight history, from ocean-crossing journeys to pioneering first flights, as narrated by experienced pilots.

The Museum goes the extra mile to engage its visitors. You can step into the pilot’s seat with their flight simulator, offering a taste of what it’s like to command the skies. Additionally, the museum hosts various events, adding an extra layer of excitement to your visit.

So, suppose you’re looking to take a journey through aviation history and get up close and personal with different iconic aircraft. In that case, this museum is a must-visit destination that promises an enriching and immersive experience.

  • Location: 1301 – Heritage Rd, Dover – AFB, DE – 19902, United States
  • Ticket Price: Free

12. Mesmerize The Oceanic Views On Ferry Ride

Mesmerize The Oceanic Views On Ferry Ride

Whether you’re taking the ferry ride of Cape May for the first time or one hundredth, one thing’s for sure – it’s bound to become the highlight of your day. This historic ferry transcends mere transportation; it’s a gateway to breathtaking views of Lewes, an experience that never fails to captivate. Kee­p a lookout for dolphins as you travel across the water. These playful creatures are often seen grace­fully swimming alongside the ferry, creating a truly mesmerizing sight.

And the adve­nture continues eve­n after you’ve arrived on either shore. Both Maryland, Cape May, and Le­wes boast a wide range of tourist-frie­ndly attractions and activities. Whether you are looking to tantalize your taste buds, unwind with a refre­shing drink, hunt for unique souvenirs, immerse­ yourself in art galleries, or e­mbark on local tours, there’s something for everyone to enjoy and make the most of their day. For those seeking unique and offbeat experiences, getting on this Ferry ride is a must.

  • Location: 43 – Cape Henlopen Drive Lewes, DE – 19958, USA
  • Ticket Price: Children (13 or below) – Free; Adults (14-61) – $10 for one-way or $18 for a round trip; Senior (61 or plus) $8 for one-way or $14 for a round trip.

13. Enjoy The Library, Garden, And Museum At One Place – Winterthur Museum 

Enjoy The Library, Garden, And Museum At One Place – Winterthur Museum

Be a part of the opulent world of the du Pont family, one of Delaware’s esteemed historic clans, at the Winterthur Museum. This grand estate, originally constructed by Henry Francis du Pont, boasts a reputation rooted in his remarkable antique collection.

When the Winterthur Museum first opened its doors to the public, du Pont’s treasured antique possessions took pride of place within the museum’s collection.

Visitors have the opportunity to embark on a guided tour of the estate, offering a window into the lavish lifestyle of the colonial era. As you wander through various rooms, you’ll encounter original period furniture, exquisite art, and splendid decorations, all painting a vivid picture of the opulence that defined the du Pont family’s heritage. It’s a journey through time that provides a fascinating glimpse into Delaware’s rich history.

  • Location: 5105 – Kennett Pike, Winterthur, DE – 19735, USA
  • Ticket Price: For Children (3-12) – $8; For Students (13 or plus) $23; For Adults (18-61) $25; For Seniors (62 or plus) $23.

14. Have Family Fun Out at Jungle Jim’s Waterpark

Have Family Fun Out at Jungle Jim's Waterpark

For a splash-tastic family vacation, look no further than Jungle Jim’s, the largest waterpark in the state. Here, aquatic adventures abound, offering everything from heart-pounding water slides to serene lazy rivers and kid-friendly wave pools.

Whether you’re drifting lazily along the river or riding the waves in the pool, there’s no shortage of aquatic excitement. And with six exhilarating water slides, you’re guaranteed hours of wet and wild fun. Families traveling with little ones can take advantage of the designated kid’s pool area, ensuring safe and enjoyable experiences for all.

If you find yourself needing a breather from the water, Jungle Jim’s offers an array of out-of-water entertainment. Explore activities like mini-golf, perfect your swing at the batting cages, scale the heights of rock climbing, or engage in a friendly bumper boat skirmish. And when hunger strikes, you’ll find convenient spots to grab a delicious meal in between all the fun. So, pack your swimsuits and get ready for a family adventure that promises a day filled with laughter, thrills, and unforgettable memories at Jungle Jim’s Waterpark.

  • Location: 36944 – Country Club Road, Rehoboth Beach, DE – 19971, USA
  • Ticket Price: The prices for Jungle Jim’s passes start from $23 (for a day pass) and go up to $190 (for a season pass). The charges may also vary according to the height of the individual.

15. Drive Along The Scenic Delaware’s Coastal Heritage

Drive Along The Scenic Delaware's Coastal Heritage

Delaware­’s Heritage Gree­nway is a fabulous destination that connects multiple sites along the Atlantic Ocean. It provides a ple­thora of tourist attractions and activities, including exploring the be­autiful bays, scenic byways, pristine beache­s, and charming bridges.

If you prefer a more laid-back experience, you can stay in your car and enjoy the beautiful scene­ry as it passes. Taking a scenic drive gives you complete control over your own experience.

  • Coastal Stretch: 90 Mile (145 km)

16. Visit The Tribal Side Of Delaware

Visit The Tribal Side Of Delaware

The Nanticoke Indian Museum in Delaware gives long-overdue recognition to the state’s first inhabitants, the Nanticoke Indians. The tribe­ takes great pride in owning and ope­rating this museum. Their mission is to share the­ir rich history with the public, making it an important asset for both the community and visitors to De­laware who are looking for enjoyable­ activities to fill their wee­kends or future plans.

Step inside­ and explore a captivating collection of artifacts that spans across history. Marve­l at ancient spears, arrowheads, potte­ry, jewelry, and intricate crafts, some­ of which date as far back as 8000 BC. Additionally, a recreated village, thoughtfully designed by Nanticoke elders, offers a glimpse into what life was like in “those days.”

  • Location: 26673 – John J Williams Highway, Millsboro, DE – 19966, USA
  • Ticket Price: For Children (Aged up to 12) – $1; For Adults – 3$.
  • Best Time To Visit: Tuesday – Saturday (10 AM – 4 PM).

17.  Wine Tasting On Nassau Valley

Wine Tasting On Nassau Valley

Nassau Valley Vineyards, one of Delaware’s earliest wineries, has held steadfast to its dedication to history, legacy, and producing delicious wines over the years. You’ll find a range of activities to choose from at Nassau, allowing you to craft your own grape-filled adventure.

Step away from the sandy shores and venture into Delaware’s wine country. Nestled in a tranquil coastal setting near the state’s beautiful beaches, Nassau Valley Vineyards is renowned for its exceptional reds and whites, earning accolades worldwide for over a decade. Whether you opt for a tasting, a self-guided tour, or an exploration of wine history, the experience is well worth leaving the beach behind for the rolling countryside at Nassau Valley Vineyards.

Not only will it offer picturesque views, but it’s also an excellent place to indulge in some wine-tasting and perhaps even catch a pleasant buzz at Nassau Valley Vineyards.

  • Location: 32165 – Winery Way, Lewes, DE – 19958, USA
  • Ticket Price: $15 (per person)

18. Be on the Tranquil Side Of Nature

Be on the Tranquil Side Of Nature

Brandywine Creek presents a multitude of options for naturists. Extending over miles of picturesque terrain, it encompasses a range of geographically distinct areas, including the Tulip Tree Woods, Carney Tract, and Freshwater Marsh.

Here, you can enjoy activities like fishing, sledding, skiing, hiking, and more. Brandywine Creek State Park is also welcoming to pets, making it an ideal destination for furry friends. With its vast expanse covering more than 933 acres, there’s an abundance of sights and activities to partake in. Keep an eye out for the historical stone walls dating back to the 19th century that adorn this remarkable park.

  • Location: 41 – Adams Dam Road, Wilmington, DE – 19807, USA
  • Best Time To Visit: Mid-September to Mid-October

19. Wake Your Inner Artist At The Art Museum

Wake Your Inner Artist At The Art Museum

The Art Museum of Delaware is a dynamic hub of activity, consistently offering something engaging for visitors, and that’s why it’s a top-rated attraction in Delaware.

Whether you’re a passionate artist or enjoy appreciating it, this place is heaven for artists. Forget the traditional idea that art museums are quiet and boring. Here, the museum buzzes with life, with tour groups meandering through galleries, classes, and special events unfolding in the other rooms.

Delaware Art Museum boasts an impressive collection of over 12,000 artworks, continually refreshing its galleries by rotating these pieces. Among its standout artists is Howard Pyle, a native of Wilmington. The museum is also celebrated for its pre-aphaelite British art. Temporary exhibitions can feature invited artists, contemporary themes, and more, adding to the diversity of its offerings.

You can easily lose track of time exploring a single floor, so be mindful of the clock to ensure you have a chance to explore the other levels. And don’t miss the outdoor sculpture garden, sprawling across nine acres and adorned with numerous large-scale sculptures throughout its lush landscape.

  • Location: 2301 Kentmere Parkway Wilmington, Delaware – 19806, USA
  • Ticket Price: For Children (7-18) – $6; For Adults (18-61) – $14; Students (with ID) – $7.

20.  Enjoy A Relaxing Day At Cape Henlopen

Enjoy A Relaxing Day At Cape Henlopen

Discover the captivating meeting point of the Delaware Bay and the Atlantic Ocean at “the Point” within this State Park. This cape juts off the coast, offering both locals and visitors a haven for recreation and breathtaking scenery.

Cape Henlopen boasts a picturesque landscape featuring rolling dunes, lush forests, and a stunning coastline. Being de­signated as a state park signifies its de­dication to preserving both its natural beauty and historical significance.

This area was heavily involved in World War II, serving as a former military base­. One of its main highlights is a fort from that era. Visitors to the park can fully e­mbrace the natural surroundings by exploring nature trails, enjoying scenic biking paths, engaging in kayaking activitie­s, and even trying their hand at fishing.

  • Location: 42 Cape Henlopen Dr, Lewes, DE – 19958-1168, USA
  • Best Time To Visit: Summer

21. Dwell In Dutch History

Dwell In Dutch History

The Zwaane­ndael Museum is a tribute to De­laware’s first European settle­ment by the Dutch. Step inside­ and explore fascinating exhibits that illuminate­ the maritime, military, and social history of the Le­wes area.

The muse­um takes architectural inspiration from the City Hall in Hoom, Ne­therlands. It was established by the town on the 300th anniversary of the European colony’s founding to showcase the story of the first European settlers. As you explore the exhibitions, you’ll embark on a journey that tells their tale, from their arrival and the obstacles they encountered to the hardships they endured along their path.

  • Location: 102 Kings Highway, Lewes, USA
  • Ticket Price: Free (Donations are accepted)

22.  Best Point For Music Retreat

Best Point For Music Retreat

Delaware played a pivotal role in the birth of sound and music recording. Thanks to E.R. Johnson and his invention, the Talking Machine Victor, in 1901, the sound could finally be captured for later playback.

You’ll encounter a fascinating collection of vintage sound players and recorders at the Johnson Victrola. These well-preserved gramophones and photographs on display date back to the 1890s through the 1930s and are in working condition.

If you’re curious to hear the magic of these vintage devices, ask the knowledgeable staff for a demonstration. They’ll gladly play a record for you on one of these historic machines.

  • Location: 375 S – New Street, Dover, DE – 19901, USA
  • Ticket Price: Free

23.  A Look Back At History Of The US At Gold Fleece Tavern

A Look Back At History Of The US At Gold Fleece Tavern

This is where, back in 1787, high-ranking delegates gathered to create the history, a document that ultimately became the US Constitution. In simpler terms, it’s the birthplace of Delaware.

Regrettably, there is little left of the tavern. It has undergone a series of transformations, from being torn down to becoming a hotel and undergoing renovations.

Today, all that’s left is a modest section marked by a sign, reminding us of the historic establishment that once stood here. Nearby, there’s even a replica tavern, where you can still sense the right spirit, even if it’s not precisely in the same spot.

  • Location: 322 S – State Street, Dover, Delaware, USA

24. Have A Fun Stay And Test Your Luck At Dover Casino

Have A Fun Stay And Test Your Luck At Dover Casino

Dover Casino offers all the classic casino thrills, including slots, table games, horse racing, and sports betting. If luck is on your side and you’re feeling adventurous, you have a shot at winning various jackpots.

What’s even better about Bally’s is you can even stay here, thanks to the array of accommodations they provide. Whether you’re in the mood for bars, restaurants, hotels, or live entertainment, you’ll find it all here. And for a bit of retail therapy, there’s a boutique on-site.

Additionally, being situated centrally in Dover, you’re perfectly positioned to explore other attractions beyond the casino if you’re in the mood for more adventures.

  • Location: 1131 N Dupont Highway, Dover, DE – 19901, USA
  • Minimum Bet: $10 (on the table games)

25.  Spook Your Partner/Friends At Frightland

You don’t need to look for Halloween to experience spine-tingling excitement. Frightland, renowned as the best-haunted attraction in the nation, is actually a collection of many houses; each house will give you a spine-chilling experience.

Among your choices are “Zombie Prison” and “Ghost Town.” If you prefer unexpected chills, there’s even a one-hour Haunted Hayride. And for those visiting this Halloween season, this place fits best as the last of our suggestions at Delaware.

Location: 309 – Port Penn Road, Middletown, DE – 19709, United States

Ticket Price: $5 (parking ticket only)

Conclusion

Delaware­ is a welcoming travel destination that can be enjoyed year-round. No matter when you plan your trip, there are plenty of activities available to suit every season, ensuring you’ll always have something to do.

Delaware­ offers countless thrilling opportunities for e­xploration, regardless of whether you’re a first-time visitor or a freque­nt traveler. With something new and unique to discover each time­, the possibilities are e­ndless in this captivating state. Plus, with attractions like museums that change their exhibits regularly, you can expect a fresh experience every time you visit. So, make sure not to miss out on these must-visit attractions in Delaware that promise unforgettable experiences.

All images source: Wikipedia 

 

 

Can a Tenant Withhold Rent for Repairs in Delaware?

For effective long-term relationships between landlords and tenants in Delaware, it is essential to adhere to rules and regulations. While landlords have the authority to determine terms based on their needs, it is crucial to understand that Delaware state landlord-tenant laws also govern these arrangements.

These laws are carefully designed to benefit both parties, ensuring a fair and balanced leasing. However, some instances create an imbalance, causing tenants to feel uncertain about their rights. Today, we will discuss one such situation – what happens if your landlord refuses or neglects to address repairs in the rental property? Can you, as a tenant, withhold rent for repairs in Delaware? Continue reading to find out more!

Can a Tenant Withhold Rent for Repairs in Delaware? What do the Rules Say?

tenant can hold money out of their rent for repairs

If you are facing problems with the repairs of your rental lot and your landlord ignores or refuses repairs, you can do a few things to handle it properly. Here’s a breakdown of your rights under § 5307, which covers tenant remedies related to units, repairs, and rent deductions;

(a) Landlords Failure to Perform Required Maintenance

If your landlord neglects their responsibilities, such as not keeping the premises in a condition as mandated by laws, codes, or your rental agreement, and you have informed them in writing about the issue, you can take the following actions;

  • If the landlord doesn’t address the problem within 30 days of receiving your written notice.
  • If the landlord does not take necessary or responsive actions related to the core issue within ten days of receiving the notice.

No matter the case, you can hire a professional or do the repairs yourself. Once you’ve completed these repairs, you can deduct an amount (not exceeding $400 or half of one month’s rent—whichever’s lower) from your rent. To accomplish this, you only need to give the landlord copies of the receipts for the expenses you’ve paid.

(b) Exceptions to Tenants’ Repair Rights

However, please be aware that you are not allowed to carry out repairs or request them to be done at the landlord’s expense if the condition in need of fixing was caused by your negligence, a family member, or someone you permitted on the premises.

(c) Late Rent and Remedies

If you fall behind on rent payments, these repair options mentioned in this section may not be applicable to you.

(d) Tenant Responsibility for Damages

It is also important to remember that you will be held accountable for any damages caused to individuals or property due to the repairs undertaken by either yourself or someone authorized by you.

Understanding Your Tenant Rights

Understanding Your Tenant Rights

If you ever come across a problem in your unit, it’s important to start by contacting your landlord unless its an emergency. The law requires that all communication with your landlord must be in written form.

You also have the option to speak with your landlord over a call or in person. It is crucial to put your concerns into writing and keep a copy for yourself too. To ensure that your communication is legally valid. Hand deliver your letter or you can send it through certified mail.

Tenant Responsibilities Explained

Tenant Responsibilities Explained

As a tenant, it’s crucial to understand your obligations in order to maintain a living environment. Here’s a brief rundown of what’s expected from you;

  • Ensure that you promptly pay your rent per your agreement’s terms.
  • Take responsibility for any damages caused by yourself or your guests by fixing them or covering the costs involved.
  • Allow your landlord access to the unit for repairs or requested changes as outlined in your lease agreement.
  • Follow the rules stated in your lease, including refraining from engaging in any activities or violating city codes.
  • Show consideration and respect towards your neighbors to promote a community atmosphere.
  • Fulfill your responsibility of paying for all utilities specified in your agreement that fall on you.
  • Regularly replace batteries in smoke detectors and carbon monoxide detectors to ensure everyone’s safety within the unit.

Bottom Line

It’s important for tenants to know and understand their rights and responsibilities. To ensure recognition, it’s best to communicate with the landlord through written means. Tenants have obligations that they should fulfill, such as paying rent on time, taking care of the unit, and allowing access for necessary repairs.

By understanding and following these rules and responsibilities, a positive leasing relationship can be established in Delaware. This also helps protect tenants’ rights when maintenance or repair issues are neglected. Both tenants and landlords should take the time to familiarize themselves with Delaware’s landlord-tenant laws to create a living situation.

Frequently Asked Questions

Q: How can I report housing violations?

If you’re facing housing issues and your landlord has not taken action despite your written notice, here’s what you can do;

You can report the violation to the attorney general’s office by dialing 577 3250. A housing inspector will then visit your unit to assess whether the landlord has violated any housing codes. This step ensures an investigation and resolution of your concerns.

Q: Is it possible for me to take action against my landlord due to living conditions?

You have every right to pursue action to seek compensation if your landlord fails to provide a habitable living environment even after terminating your rental agreement. These compensations typically include;

  • Unpaid rent during conditions: You can request reimbursement for the rent paid during periods when the unit was deemed unfit for occupancy.
  • Additional expenses for accommodations: You may also be eligible for reimbursement of costs incurred for dining out or finding lodging when you were unable to reside in the unit due, to its poor condition.

Q: What steps should a tenant in Delaware take before reporting a violation?

In Delaware, there is a procedure that tenants should follow before reporting a violation.

You should always prioritize clear verbal and written communication with your landlord about the issue in concern. You should wait at least 10-15 days for proper assurance from the landlord before taking the matter further.

Q: Can I personally handle repairs in my unit?

Certainly! However, before proceeding with this option, there are some steps to consider;

  • Notify Your Landlord: Firstly, inform your landlord in writing.
  • Allow Time for Repairs: Give your landlord a grace period of 10 days to address the problem and carry out the repairs. If they fail to take action during this timeframe, you have permission to hire a professional to handle the repairs.
  • Incomplete Repairs: Alternatively, if your landlord begins repairing the issue after receiving notice but fails to complete it within 30 days, you have the right to bring in a professional to finish the job.
  • Cost Deduction: You can deduct repair expenses from your rent payment as long as it doesn’t exceed $400 or half of your rent amount—whichever is lower.

After the repairs are done, create a breakdown list of each dollar spent. You should make sure that your tenant receives this receipt as proof of the repairs you made.

 

 

Emerging Real Estate Markets to Watch in 2023

After two years of constant growth in property prices, the residential housing market in the United States experienced a significant slowdown during the first half of 2022, which continued into the early months of 2023.

With property prices climbing up the chart by 40% during these two years, many investors and buyers are now facing difficulties to afford new properties. With little space for doubt in mind related to future growth prospects and rising inflation across sectors, combined with declines in the stock market, have made it more challenging for people to save enough money for investing in emerging real estate markets.

Median Sales Price of Houses Sold for the United States

Higher interest rates is another factor that has increased borrowing costs, making it harder for buyers and first-time purchasers who have limited down payment funds.

As a result of these factors combined, there has been a decrease in market activity. One area that has been significantly affected by these developments is home sale prices. The surge in housing prices was particularly prominent during COVID-19 when low-interest rates, increased household savings, and strong investment returns coincided with people spending time at home. The year-over-year growth rate reached a peak of 26.1% in May 2021. Remained at double-digit percentage growth until mid-2022. However, by the end of 2022, home prices had only risen modestly by 1.3% compared to the year prior.

Real Residential Property Prices for United States

However, some parts of the country have defied the norm and shown decent levels of real estate activity in the beginning of 2023. While prices have remained stable in specific areas states, some regions have experienced a trend of homes being sold at prices higher than their initial listing. Some markets have shown resilience despite the overall decline in housing demand.

To identify the hottest real estate markets for 2023, we will discuss some key indicators and the overall market outlook. Here are some key indicators that can help you give a perspective on the market:

  1. One-year change in median sale price (with higher values ranking higher)
  2. The proportion of homes sold above the asking price (with higher values ranking higher)
  3. Number of days a property remains on the market (with lower values ranking higher)
  4. Sale-to-list percentage (with higher values ranking higher)
  5. Percentage of listings with price reductions (with lower values ranking higher)

In the next section, you will find the top six emerging markets with the most dynamic real estate and potential for growth.

US hose price index

Source: Statista

50 Emerging Real Estate Markets to Lookout for in 2023

Let us understand the specifics of each of the 50 top emerging real estate markets in the US to look out for in 2023. First, let us understand the top 10.

Top 10 Emerging Real Estate Markets

#1 Charlotte (North Carolina)

 

MSP $390,537
One-Year % Change in Median Sale Price +6.8%
Homes Sold Above Asking 48.9%
Average Days on the Market 31.2
Sale-to-List Percentage 101.4%
Percentage of Listings with Price Reductions 24.0%

 

Situated in the heart of North Carolina, Charlotte is a city known for its economy, vibrant culture, and abundance of outdoor activities. With a growing population and thriving job market, Charlotte’s real estate sector is expected to experience growth in the coming years. The projected market outlook for the year indicates an 8.2% increase, presenting an excellent opportunity for investors.

One compelling reason to consider investing in Charlotte’s real estate market is the city’s job market. With a range of industries and major companies headquartered here, like Bank of America and Duke Energy, Charlotte maintains an unemployment rate and continues to attract more people. These factors contribute to the demand for properties within the city.

#2 Austin (Texas)

 

MSP $604,344
One-Year % Change in Median Sale Price -3.9%
Homes Sold Above Asking 47.1%
Average Days on the Market 37.2
Sale-to-List Percentage 97.1%
Percentage of Listings with Price Reductions 42.5%

 

The market has seen some disruptions due to all the commotion. Despite the nationwide inflation and rising interest rates, Austin will remain a popular place for sellers. The Austin Metropolitan Statistical Area (MSA) prices are still climbing because of an influx of new residents and a rapidly recovering local economy.

 

#3 Aurora (Colorado)

MSP $476,319
One-Year % Change in Median Sale Price -1.3%
Homes Sold Above Asking 54.5%
Average Days on the Market 10.7
Sale-to-List Percentage 102.4%
Percentage of Listings with Price Reductions 44.3%

 

The city encompasses industries including transportation, commercial centers, healthcare facilities, and government services. Job opportunities in Aurora are projected to grow by 42% over the next decade. These factors make it an appealing prospect for buyers. Investors can confidently regard Aurora as a long-term investment opportunity.

Aurora has exceptional public schools, low crime rates, family-friendly neighborhoods, and progressive values.

#4 Raleigh (North Carolina)

MSP $410,064
One-Year % Change in Median Sale Price -1.3%
Homes Sold Above Asking 55.6%
Average Days on the Market 30.8
Sale-to-List Percentage 103.1%
Percentage of Listings with Price Reductions 23.9%

 

With a large community of students in Raleigh, it offers a good growth opportunity for real estate investors looking to invest in something and earn passive income. In addition to being the location of three known universities, job opportunities are on the horizon.

The presence of institutions and the promising job market have led to a community of renters with steady incomes. Raleigh is currently experiencing an increase in both housing prices and rental rates, which reflects its status as one of the best housing markets in the country.

#5 El Paso (Texas)

MSP $231,843
One-Year % Change in Median Sale Price +9.3%
Homes Sold Above Asking 48.3%
Average Days on the Market 19.9
Sale-to-List Percentage 101.0%
Percentage of Listings with Price Reductions 16.6%

 

The real estate market in El Paso is receiving support from the economy, particularly regarding job opportunities. While the local unemployment rate is comparable­ to the national average, there has been a notable­ increase of 2.3 percent in job growth over the past year, surpassing the national average by nearly half a percentage point. These statistics suggest that El Paso’s job market is outperforming other regions.

El Paso’s real estate market may not be on par with other cities in Texas, but it has shown progress since the rece­ssion. The job sector is also strengthe­ning, which is expected to benefit those who are currently investing in real estate­ in El Paso.

#6 Oakland (California)

MSP $906,959
One-Year % Change in Median Sale Price -0.9%
Homes Sold Above Asking 72.1%
Average Days on the Market 18.9
Sale-to-List Percentage 113.1%
Percentage of Listings with Price Reductions 22.6%

Oakland seems to be a sought-after market for sellers at the moment. Many investors and individuals are searching for homes; surprisingly, there is a bit of a shortage from the seller’s side. This situation could be a chance for investors who know how to navigate the market.

Over the ten years, Oakland has experienced growth in its real estate sector. Currently, local home values are reaching all-time highs, causing many people to question whether it’s the time to take action.

 

#7 Dallas (Texas)

MSP $417,510
One-Year % Change in Median Sale Price -11.5%
Homes Sold Above Asking 46.7%
Average Days on the Market 21.8
Sale-to-List Percentage 101.4%
Percentage of Listings with Price Reductions 26.0%

Many investors have been questioning the viability of purchasing property in Dallas. To gain insight into the 2023 real estate market for both investors and regular buyers, it is essential to research trends. The housing market in Dallas presents a great opportunity if you are interested in expanding your real estate portfolio with deals with great potential.

Regarding real estate, the importance of location cannot be overstated, and Dallas excels in this aspect. In fact, Dallas leads the nation with 11,636 approved projects that include both single-family and joint-family units. This statistic highlights Dallas’s potential within the real estate industry.

#8 Jacksonville (Florida)

MSP $299,529
One-Year % Change in Median Sale Price -1.1%
Homes Sold Above Asking 34.4%
Average Days on the Market 28.0
Sale-to-List Percentage 99.2%
Percentage of Listings with Price Reductions 29.0%

 

As of July 31, 2023, the Jacksonville housing market is showing a great projection for the future. When inve­sting, it’s essential to balance both the value and the strategy. If your goal is solely to generate high monthly rental income, buying real estate in Jacksonville­ may not be the most suitable choice. However, if you’re a savvy inve­stor with a long-term vision, Jacksonville could be an excellent opportunity.

#9 Tampa (Florida)

MSP $390,967
One-Year % Change in Median Sale Price +10.6%
Homes Sold Above Asking 40.4%
Average Days on the Market 14.5
Sale-to-List Percentage 99.9%
Percentage of Listings with Price Reductions 31.1%

 

Tampa, situated in Hillsborough County, is a city known for its walkability. It has a population of 335,749 residents. When we consider the area of Greater Tampa Bay, which includes both Tampa and Sarasota metro regions, the population expands to over 4 million. This region not only serves as an urban center but also holds significant appeal as a popular tourist destination.

Recently, Tampa has been gaining attention for its thriving housing market, attracting investors. The rental market in the Tampa Bay area displays strength, making it an excellent choice for those purchasing rental properties in Florida.

#10 Madison (Wisconsin)

MSP $365,389
One-Year % Change in Median Sale Price +6.4%
Homes Sold Above Asking 57.4%
Average Days on the Market 39.6
Sale-to-List Percentage 103.4%
Percentage of Listings with Price Reductions 12.4%

 

Currently, Madison, Wisconsin, is experiencing a seller’s market, indicating a demand for properties in the area. This increased demand can be attributed to Madison’s location, thriving economy, and exceptional quality of life.

Madison stands out as it is home to the University of Wisconsin Madison, creating a need for rental properties. Additionally, the city boasts a job market supported by known employers, like American Family Insurance and the University of Wisconsin Madison.

Other 40 Emerging Real Estate Markets To Watch For

#11 Salt Lake City (Utah)

 

MSP $553,421
One-Year % Change in Median Sale Price +1.6%
Homes Sold Above Asking 46.6%
Average Days on the Market 19.4
Sale-to-List Percentage 101.3%
Percentage of Listings with Price Reductions 36.4%

 

Salt Lake City in Utah often goes unnoticed by real estate investors. Often overlooked by investors, it is nearly half of the job opportunities in Utah, and 40% of its population can be found within Salt Lake.

Salt Lake City has emerged as a “number one” choice for long-term investments in properties across the US. Not only this, recent data shows that this understated city, since the last decade or so, has shown an appreciation rate of 161.55%, resulting in an average annual home appreciation rate of 10.09%. This accomplishment puts Salt Lake City among the 10% of cities nationwide regarding real estate value growth.

#12 Nashville-Davidson (Tennessee)

 

MSP $453,068
One-Year % Change in Median Sale Price +2.1%
Homes Sold Above Asking 44.4%
Average Days on the Market 29.3
Sale-to-List Percentage 101.1%
Percentage of Listings with Price Reductions 25.7%

Nashville, Tennessee, is famous for its known attractions, such as the Grand Ole Opry, a replica of the Parthenon, and its lively country music. As a tourist destination in the heart of America, Nashville has established itself as a city with its unique charm. Nashville, with a population of over 600,000 residents, is one of the most populous cities in the United States. When we take into account the areas within Davidson County, the Nashville real estate market e­ncompasses around 700,000 people.

Over the past years, the housing market in Nashville­ Davidson has been highly favorable for se­llers with rising property prices. It has garne­red a reputation as one of the­ most desirable housing markets in the United States. This positive trend in real estate started a decade ago, and expe­rts anticipate that it will continue well into 2023 and beyond.

#13 Orlando (Florida)

 

MSP $353,400
One-Year % Change in Median Sale Price +2.9%
Homes Sold Above Asking 37.6%
Average Days on the Market 15.1
Sale-to-List Percentage 99.6%
Percentage of Listings with Price Reductions 26.8%

 

The real estate market in Orlando has a lot of potential for growth because of its expansion and the increasing number of people moving to the city. Since 2018, Orlando has maintained stability mostly due to its tourism industry. However, it’s not only tourism that plays a role in the city’s economy. Nashville­ has also emerged as a ce­nter for high-tech industries.

With the incre­ase in job opportunities, Orlando has become a popular choice for people from various parts of the­ country and even abroad to settle­ down. This growing trend has resulted in a higher demand for both residential and comme­rcial properties. For investors seeking profitable rental income, Orlando is worth considering as over 46% of households in the city are occupied by rente­rs.

#14 Boise (Idaho)

 

MSP $514,184
One-Year % Change in Median Sale Price -1.6%
Homes Sold Above Asking 26.2%
Average Days on the Market 20.0
Sale-to-List Percentage 99.3%
Percentage of Listings with Price Reductions 48.8%

 

Lately, the housing market in all over the US has seen a dip, and Idaho was not spared. But that’s not why it is on this list. Idaho is still attracting interest because it’s affordable and offers a quality of life. If there’s no supply, sellers might have chances to raise prices and wait for the buyer patiently.

#15 Charleston (South Carolina)

 

MSP $493,750
One-Year % Change in Median Sale Price +10.2%
Homes Sold Above Asking 35.2%
Average Days on the Market 43.8
Sale-to-List Percentage 100.1%
Percentage of Listings with Price Reductions 17.8%

Charleston’s real estate market often goes unnoticed compared to the other markets, like in Texas and Florida. However there are reasons why property investors find Charleston an attractive destination. This coastal city has consistently shown growth, making it an appealing option for those interested in real estate investment.

Charleston is known for being favorable to landlords. The city’s economic prospects indicate that housing demand and rental rates will continue to rise, making it a more encouraging buy for real estate investors.

#16 Knoxville (Tennessee)

 

MSP $293,612
One-Year % Change in Median Sale Price +7.3%
Homes Sold Above Asking 46.6%
Average Days on the Market 40.5
Sale-to-List Percentage 101.1%
Percentage of Listings with Price Reductions 22.9%

With mortgage rates at their highest levels in ten years and concerns about inflation, the housing frenzy caused by the pandemic is naturally calming down. However, the real estate market in Knoxville is handling it really well, and even the MSP has changed substantially in favor of Knoxville, where other investors are facing substantial losses.

Investing in the Knoxville real estate market might be a good choice for those looking for the right entry points and potential solid growth of their portfolio.

#17 Des Moines (Iowa)

 

MSP $189,597
One-Year % Change in Median Sale Price +2.9%
Homes Sold Above Asking 36.8%
Average Days on the Market 12.7
Sale-to-List Percentage 99.4%
Percentage of Listings with Price Reductions 38.5%

Des Moines has a foundation for growth. Des Moine­s boasts an impressively low unemployme­nt rate of just 3.9 percent, we­ll below the national average­ of around 5.6 percent. However, the city could work towards increasing its job growth rate, which currently stands at 1.1 percent, nearly half the national average of 1.9 percent. If Des Moines can continue to produce positive economic indicators like this in the future, inve­stors may see substantial returns, particularly in the­ thriving housing market. 

#18 Miami (Florida)

 

MSP $533,410
One-Year % Change in Median Sale Price +9.6%
Homes Sold Above Asking 22.2%
Average Days on the Market 55.1
Sale-to-List Percentage 97.5%
Percentage of Listings with Price Reductions 12.4%

In the ten years, real estate market in Miami has experienced growth with an overall appreciation of 188.09%. This impressive figure translates to an annual appreciation rate of 11.16%, placing Miami in the top 10% nationwide.

However, whether purchasing a house in Miami is advisable depends on circumstances and objectives. Considering the potential for increases in home value so far, it may present a favorable opportunity for buyers with long-term investment goals or those capable of making quick decisions in this fast-paced market.

#19 Omaha (Nebraska)

 

MSP $254,817
One-Year % Change in Median Sale Price +8.9%
Homes Sold Above Asking 51.8%
Average Days on the Market 7.8
Sale-to-List Percentage 102.1%
Percentage of Listings with Price Reductions 29.5%

The real estate market in Omaha is poised for long-term growth largely due to its demographics. The average age of residents is 35, which is younger than the state average. The presence of colleges in the housing market further influences the young population in Omaha. Moreover, many college graduates choose to stay in this job market. This contributes to increased demand for property value in Omaha, which is remarkable considering it’s a region known for its declining small towns.

The market’s resilience can be attributed to factors such as a supply of affordable starter homes and a strong economy that attracts individuals from across the region seeking employment opportunities here.

#20 Tallahassee (Florida)

 

MSP $231,369
One-Year % Change in Median Sale Price +15.9%
Homes Sold Above Asking 38.7%
Average Days on the Market 42.7
Sale-to-List Percentage 99.8%
Percentage of Listings with Price Reductions 12.4%

Since August 2023, there has been a rise, in home prices in Tallahassee. In fact, they have increased by 15.9% compared to the last year. This price surge can be attributed to a combination of factors that have come together to shape the housing market in the city.

One major factor contributing to this price increase is the availability of constructed homes. Previous years have faced a decrease in housing projects that created a shortage – which in turn led to this growth.

#21 Denver (Colorado)

 

MSP $589,325
One-Year % Change in Median Sale Price -3.6%
Homes Sold Above Asking 49.8%
Average Days on the Market 10.4
Sale-to-List Percentage 102.5%
Percentage of Listings with Price Reductions 38.5%

Denver has consistently proven itself to be one of the best long-term real estate investments in the United States. The city’s strong economy is a factor in its reputation as it allows buyers to allocate financial resources towards housing, which drives up real estate prices.

Looking ahead to the year 2023, the market forecast predicts a growth rate of 3.5%. This forecast suggests an outlook for the Denver housing market, indicating a potential recovery from the recent decline in real estate values. It’s news for both homeowners and prospective buyers. A noteworthy indicator of market stability is the number of days it takes for a property to sell, which is 10.4 days as of the recent data of 2023. This short period emphasizes that properties are quickly transitioning due to the demand for homes in the Denver area. This strong demand solidifies Denver’s position as an attractive long-term investment opportunity.

#22 San Jose (California)

 

MSP $1,330,942
One-Year % Change in Median Sale Price -8.9%
Homes Sold Above Asking 65.9%
Average Days on the Market 16.6
Sale-to-List Percentage 106.9%
Percentage of Listings with Price Reductions 26.1%

San Jose’s real estate market has been a top choice for long-term inve­stments across the country for the past de­cade. The housing landscape in San Jose­ consists of a mix of owner-occupied and rental properties.

Despite some decreases in home­ prices, the market remains highly competitive. In fact, an impressive­ 65.9% of properties sell above their listed prices, with a proje­cted growth rate of 1.7%. It is worth noting that the de­cline in prices may be a necessary adjustment within the marke­t rather than an indication of a slowing market overall.

#23 Columbus (Ohio)

 

MSP $259,695
One-Year % Change in Median Sale Price +6.4%
Homes Sold Above Asking 52.6%
Average Days on the Market 36.2
Sale-to-List Percentage 102.3%
Percentage of Listings with Price Reductions 20.9%

Investing in Columbus presents a range of opportunities, from single-family residences to apartment complexes with multiple units. The city has an economy, an unemployment rate, and a steadily growing population, making it an attractive market for rental properties.

However, it’s important to choose the right location. For example, Italian Village has a home value of $397,113, whereas in Milo Grogan, it’s $114,460. Therefore it is highly recommended to conduct research on neighborhoods and seek guidance from local real estate experts who have extensive knowledge of the market.

#24 San Diego (California)

 

MSP $869,443
One-Year % Change in Median Sale Price -1.1%
Homes Sold Above Asking 52.4%
Average Days on the Market 15.9
Sale-to-List Percentage 102.2%
Percentage of Listings with Price Reductions 12.4%

The real estate market in San Diego is known for being one of the most expensive in the country, although there are cities on the West Coast that surpass it in terms of cost. This pricing situation has led to increased demand for rental properties in San Diego, specifically for those who face financial challenges when it comes to owning a home.

With the expected population growth of 500,000 people by 2050, which is steadily increasing by tens of thousands each year by the way, the rental market is set to experience expansion. Currently, the average rent in San Diego is $2,700 per month, and it can be much higher depending on the location and availability.

#25 Reno (Nevada)

 

MSP $543,806
One-Year % Change in Median Sale Price -2.9%
Homes Sold Above Asking 34.1%
Average Days on the Market 38.4
Sale-to-List Percentage 99.5%
Percentage of Listings with Price Reductions 29.8%

Reno is an amazing destination for tourists. Its attractions like the beautiful Lake Tahoe and the exciting Reno Air Races, are one of the exciting places tourists can visit here. For those interested in real estate investment, the thriving tourism industry in Reno offers an income opportunity through short-term rentals and vacation homes.

Additionally, Reno’s strategic placement with close distance to cities like San Francisco, Sacramento and Las Vegas makes it an attractive choice for both businesses and residents. Subsequently, it increases housing demand, making Reno a promising market for real estate investors.

#26 Phoenix (Arizona)

 

MSP $441,268
One-Year % Change in Median Sale Price -1.4%
Homes Sold Above Asking 39.6%
Average Days on the Market 33.4
Sale-to-List Percentage 100.0%
Percentage of Listings with Price Reductions 31.6%

Phoenix has experienced a significant rise in its population, but the housing market has not kept up with the pace creating demand for housing. According to a study, Arizona fell short by 505,134 housing units between 2000 and 2015. This shortage has resulted in a housing crisis in Phoenix. To put it into perspective, over the thirty years or so, around 220,000 new housing units were built in Phoenix while the population surged by a staggering figure of 820,000 people. It’s quite clear that the rate of housing production in Phoenix hasn’t been able to match the increase in population.

The presence of universities within the city also plays a role in shaping housing prices and rental rates. These campuses collectively accommodate over seventy thousand students, which further impacts positively the housing landscape.

#27 Elk Grove (California)

 

MSP $642,447
One-Year % Change in Median Sale Price -12.5%
Homes Sold Above Asking 56.5%
Average Days on the Market 17.0
Sale-to-List Percentage 101.5%
Percentage of Listings with Price Reductions 38.4%

The historic district of Elk Grove is a hub that brings the community together. Elk Grove, as a whole, offers a variety of properties to cater to everyone’s tastes. Whether you’re looking for ranches with plenty of land, luxurious homes with stunning golf course views, or charming family residences tucked away on suburban streets, you’ll find your perfect fit right here.

Although the recent decline indicates a “slippery” slope but the long-term view provides a look at many opportunities here. With 56.5% of homes selling above the asking price with an average of just 17 days in the market.

#28 Seattle (Washington)

 

MSP $844,285
One-Year % Change in Median Sale Price +0.6%
Homes Sold Above Asking 42.7%
Average Days on the Market 11.0
Sale-to-List Percentage 103.5%
Percentage of Listings with Price Reductions 26.9%

Seattle’s housing market is booming – This surge can be primarily attributed to the arrival of paid tech professionals from companies like Amazon, Microsoft, Google, and Facebook. Workforces from these companies are actively seeking homes with dedicated workspaces, which has become a growing trend during the pandemic when remote work became prevalent.

Although there has been an increase in housing inventory, the real estate market in the Puget Sound region remains tight. There is less than a two-month supply of homes, making it a seller’s market where limited properties face demand from buyers. As a result, home prices will likely stay at the top for the foreseeable future.

 

#29 Lincoln (Nebraska)

 

MSP $269,829
One-Year % Change in Median Sale Price +11.1%
Homes Sold Above Asking 51.0%
Average Days on the Market 10.1
Sale-to-List Percentage 101.3%
Percentage of Listings with Price Reductions 17.4%

The housing market in Lincoln, Nebraska is an example of how gradual growth can bring great advantages. Although the increase in home prices may not be extremely impressive the presence of elements suggests that this growth is sustainable.

A combination of factors such as unemployment rates, robust job growth, managed foreclosure levels, and high affordability all contribute to an economy that can handle small fluctuations. With continued expansion, the real estate market in Lincoln has the potential to set an example for other cities across the USA to follow.

#30 Houston (Texas)

 

MSP $319,747
One-Year % Change in Median Sale Price +0.0%
Homes Sold Above Asking 30.1%
Average Days on the Market 21.2
Sale-to-List Percentage 98.9%
Percentage of Listings with Price Reductions 26.4%

The Houston housing marke­t is currently balanced between buyers and selle­rs. While home values did experience a slight de­cline over the past year, future indicators suggest the potential for growth. With a diverse range of pricing strategies and quick pending transaction times, both buye­rs and sellers have advantage­ous opportunities. To make well-informe­d decisions in this market, individuals should assess their objectives, gather valuable­ market insights, and seek guidance­ from industry experts.

#31 Atlanta (Georgia)

 

MSP $410,742
One-Year % Change in Median Sale Price +2.6%
Homes Sold Above Asking 39.3%
Average Days on the Market 24.1
Sale-to-List Percentage 99.9%
Percentage of Listings with Price Reductions 24.6%

Atlanta has consistently ranked as one of the best real estate markets for investors, especially when it comes to investing in rental properties. The city has experienced population growth, with around 285,000 people moving to Georgia in 2019. This increase in migration can be credited to Atlanta’s business environment and its reputation for being more affordable compared to big cities. As a result, there is a growing demand for housing in Atlanta that surpasses the rate of construction.

The shortage of housing remains a challenge in Atlanta. It is expected that this scarcity will continue driving up property prices in the foreseeable future.

#32 Riverside (California)

 

MSP $597,515
One-Year % Change in Median Sale Price -2.6%
Homes Sold Above Asking 57.5%
Average Days on the Market 29.0
Sale-to-List Percentage 101.3%
Percentage of Listings with Price Reductions 24.1%

Riverside is a vibrant city that offers benefits for people looking to buy homes or invest in the real estate market. The city boasts a population with a thriving economy and a wide variety of housing options. The Riverside real estate market has been on a trajectory, with home prices consistently increasing.

Several key factors contribute to this trend in the Riverside real estate market. One of these factors is the economy, supported by major employers like Kaiser Permanente and the University of California. Additionally, Riverside’s strategic location near Los Angeles plays a role in driving its real estate growth. Being just a short distance away from Los Angeles makes Riverside an attractive choice for many commuters.

#33 Port St. Lucie (Florida)

 

MSP $384,165
One-Year % Change in Median Sale Price +16.1%
Homes Sold Above Asking 34.9%
Average Days on the Market 42.5
Sale-to-List Percentage 99.6%
Percentage of Listings with Price Reductions 24.3%

The housing market, in Port St. Lucie has seen a constant trend for the past few years. This can be attributed to the growing demand for homes combined with a supply of properties.

Moreover, the city’s advantageous location on the East Coast near centers such as Miami and West Palm Beach has contributed to the increased demand. As a result, property prices in Port St. Lucie have been steadily rising, making it an attractive option for both homeowners and investors.

#34 Virginia Beach (Virginia)

 

MSP $336,786
One-Year % Change in Median Sale Price +4.6%
Homes Sold Above Asking 54.9%
Average Days on the Market 19.2
Sale-to-List Percentage 101.6%
Percentage of Listings with Price Reductions 19.9%

Virginia Beach is known for being a location for real estate investments due to its strong and competitive housing market. With a range of property choices from beachfront houses to condos, townhouses, and large single-family homes, there is something for everyone. Looking ahead, the future looks promising for Virginia Beach’s real estate scene, with a projected growth rate of 4.4% by next year.

#35 Huntsville (Alabama)

 

MSP $325,483
One-Year % Change in Median Sale Price -0.9%
Homes Sold Above Asking 43.1%
Average Days on the Market 26.6
Sale-to-List Percentage 101.2%
Percentage of Listings with Price Reductions 19.8%

Huntsville real estate market stands out for being surprisingly affordable compared to markets even those facing less favorable economic conditions. The city boasts a thriving economy, a strong job market, and housing that remains easily accessible to residents.

These factors combined make Huntsville’s real estate sector benefit from a blend of circumstances. Additionally, home values in Huntsville have consistently exceeded the average over the ten years.

#36 Bakersfield (California)

 

MSP $385,687
One-Year % Change in Median Sale Price +3.8%
Homes Sold Above Asking 46.4%
Average Days on the Market 19.1
Sale-to-List Percentage 100.5%
Percentage of Listings with Price Reductions 27.2%

Bakersfield, located in California, holds a place within the Inland Empire even though it often gets overshadowed by famous coastal cities like San Francisco and Los Angeles. Around 400,000 people call Bakersfield home within its city limits, which makes it the largest city in California.

The real estate market in Bakersfield has been experiencing growth, placing it among the 10% nationally for property appreciation. Over the decade, property values in Bakersfield have seen an increase of 150.36 percent—equivalent to an average annual appreciation rate of 9.61 percent.

#37 Indianapolis (Indiana)

 

MSP $232,593
One-Year % Change in Median Sale Price +2.3%
Homes Sold Above Asking 40.2%
Average Days on the Market 9.1
Sale-to-List Percentage 100.1%
Percentage of Listings with Price Reductions 37.9%

The real estate market in Indianapolis has been marked by competition and quick sales, often leading to properties being bought at higher prices than their initial listings. The one-year market forecast predicts a growth projection of 7.6%, indicating a demand in the future. This forecast reinforces the notion that the market is not showing any signs of slowing down but rather maintaining its momentum.

#38 Richmond (Virginia)

 

MSP $339,168
One-Year % Change in Median Sale Price +7.7%
Homes Sold Above Asking 58.8%
Average Days on the Market 10.6
Sale-to-List Percentage 104.1%
Percentage of Listings with Price Reductions 28.1%

Richmond, the capital city of Virginia (VA), offers a vibrant blend of culture, history, and economic opportunities. Its diverse economy is flourishing in various se­ctors. Experts predict that the Richmond re­al estate market will continue to experience growth, with prices expecte­d to rise gradually rather than seeing a surge. However, limite­d inventory may lead potential home­buyers to face competition and pote­ntially pay above the asking price for de­sirable properties.

If you’re a landlord or property investor, it might be worth considering the Richmond rental market. Indications show that rental price­s are on the rise, and the market is gaining momentum. However, potential buyers may encounter difficulties due to mortgage re­lated challenges.

#39 Baltimore (Maryland)

 

MSP $216,060
One-Year % Change in Median Sale Price +6.6%
Homes Sold Above Asking 36.6%
Average Days on the Market 30.8
Sale-to-List Percentage 102.2%
Percentage of Listings with Price Reductions 26.7%

Baltimore is well-known for its affordable real estate­ market, particularly in comparison to cities like Los Angeles or New York. Investors have the opportunity to purchase properties at a significantly lower cost compared to these­ metropolitan areas. Additionally, Baltimore’s real estate market has seen consistent growth in the recent years, primarily due to its strong local economy.

The re­ntal market in Baltimore is thriving due to several factors, including a growing population and relatively affordable­ living costs. This creates an appealing opportunity for inve­stors looking to buy properties and rent them out to tenants.

#40 Wichita Falls (Texas)

 

MSP $152,697
One-Year % Change in Median Sale Price +47.2%
Homes Sold Above Asking 21.2%
Average Days on the Market 46.9
Sale-to-List Percentage 96.4%
Percentage of Listings with Price Reductions 29.7%

 

If you’re looking for homes that have the potential for flipping, Wichita Falls is a great choice for investing in properties. However, if you’re thinking of making it your permanent residence, you’ll discover that the cost of living in Wichita Falls is 1% lower compared to the state average and 9% lower than the average.

Moreover, housing expenses in Wichita Falls are 20% below the average across the United States. When you consider all these factors together, it becomes an investment opportunity.

#41 Portland (Oregon)

 

MSP $545,469
One-Year % Change in Median Sale Price -1.8%
Homes Sold Above Asking 50.3%
Average Days on the Market 14.1
Sale-to-List Percentage 102.4%
Percentage of Listings with Price Reductions 36.0%

Portland is a city that attracts homebuye­rs and real estate e­xperts for several reasons. Its stunning landscapes, vibrant culture, and flourishing real e­state market are just some of the factors that make it a desirable­ location. With a strong economy, growing population, and thriving rental market, Portland offers promising opportunities for real estate­ investment. Investors are drawn to the potential for long-term appre­ciation and consistent cash flow in this dynamic city.

Portland offers a strong job marke­t as another appealing aspect for inve­stors. The city is home to a range of industries, including technology, healthcare, e­ducation, and manufacturing. With the presence­ of major employers and a growing entre­preneurial ecosyste­m, Portland provides a stable economic e­nvironment that attracts potential tenants and buye­rs for investment properties.

#42 Lexington-Fayette (Kentucky)

 

MSP $292,038
One-Year % Change in Median Sale Price +11.4%
Homes Sold Above Asking 42.0%
Average Days on the Market 11.4
Sale-to-List Percentage 100.4%
Percentage of Listings with Price Reductions 27.1%

The population of Lexington is increasing, which has resulted in an increase, in the cost of living. However, when compared to cities across the country, Lexington remains quite affordable. Due to its college population, there are plenty of housing options available at reasonable prices. Whether you’re looking to rent or buy a home, your money can go further in Lexington than in American cities.

That being said, like metropolitan areas, housing prices in Lexington have been trending upward in recent years. For buyers who prefer neighborhoods with competition, it might be worth exploring areas such as Castlewood, Irishtown, or Eastland.

#43 Tulsa (Oklahoma)

 

MSP $218,904
One-Year % Change in Median Sale Price +4.0%
Homes Sold Above Asking 41.3%
Average Days on the Market 11.2
Sale-to-List Percentage 99.7%
Percentage of Listings with Price Reductions 31.6%

Over the past year, the housing market in Tulsa has experienced significant growth, with an ave­rage increase of 4% in home­ values. The median home­ value now stands at $218,904. Additionally, there is a strong se­ller’s market, as indicated by the­ current median sale-to-list ratio. Furthermore, homes are se­lling relatively quickly, with a short median days to pe­nding sale. These trends point to a high demand for homes in Tulsa.

Tulsa’s rental marke­t is thriving, with high demand for rental properties and low vacancy rates. This creates opportunitie­s for investors to generate­ passive income through rentals. Additionally, Tulsa’s large­ student population makes it an attractive inve­stment option, thanks to the prese­nce of multiple college­s and universities in the are­a. These institutions include the­ University of Tulsa, Oral Roberts University, Oklahoma State­ University, and the Spartan School of Aeronautics.

#44 Arlington (Texas)

 

MSP $339,551
One-Year % Change in Median Sale Price +10.0%
Homes Sold Above Asking 54.0%
Average Days on the Market 20.1
Sale-to-List Percentage 101.9%
Percentage of Listings with Price Reductions 30.9%

Arlington offers an ide­al location and affordable real estate­ options, combining the benefits of suburban living with conve­nient access to a major city. With its diverse­ business scene, Arlington is an attractive­ choice for real estate­ investment. The city boasts a wide­ range of businesses and e­mployers, from large corporations to small ente­rprises. Its prime location has contributed to a thriving re­al estate market, with high de­mand for homes, including luxury properties.

#45 Cape Coral (Florida)

 

MSP $414,440
One-Year % Change in Median Sale Price +8.5%
Homes Sold Above Asking 31.7%
Average Days on the Market 17.3
Sale-to-List Percentage 99.1%
Percentage of Listings with Price Reductions 32.7%

Now is a time to explore your options if you’re thinking about buying a home in Cape Coral. The prices of homes are still quite affordable. There are plenty of choices. However it’s an idea to act because the market is expected to soften in the next few months gradually.

When it comes to the cost of living, Cape Coral is slightly higher than the average. It’s important to keep in mind that Cape Coral is a tourist spot during the winter season, which can lead to more traffic and congestion. Cape Coral School District has an average ranking, making it more appealing as a place to live.

#46 Sacramento (California)

 

MSP $497,707
One-Year % Change in Median Sale Price -5.8%
Homes Sold Above Asking 56.2%
Average Days on the Market 15.2
Sale-to-List Percentage 101.6%
Percentage of Listings with Price Reductions 37.5%

Sacramento County, located in the heart of the Central Valley region, is a lively area. It has a history, a culture, and a strong economy that have all attracted many people looking for a great quality of life and promising opportunities.

The county’s prime location along with its transportation infrastructure and abundance of amenities, has made it very appealing to both residents and those from out of state who are looking to buy homes. The housing market in Sacramento has experienced an increase in sales activity, although the median sales price has decreased. One significant factor contributing to this trend is the availability of homes for sale, which has decreased by 46% compared to the year.

#47 Sioux Falls (South Dakota)

 

MSP $300,959
One-Year % Change in Median Sale Price +13.4%
Homes Sold Above Asking 48.9%
Average Days on the Market 42.6
Sale-to-List Percentage 101.9%
Percentage of Listings with Price Reductions 9.4%

Sioux Falls has become a spot for real estate investors in the few years due to its strong economy, affordable housing choices, and excellent quality of life. If you’re thinking about investing in the Sioux Falls real estate market, there are plenty of reasons to explore this opportunity.

The city has a diverse economy, with major employers in healthcare, finance, and manufacturing playing roles. This economic vitality has led to a demand for housing in the rental market.

#48 Greensboro (North Carolina)

 

MSP $255,741
One-Year % Change in Median Sale Price +16.4%
Homes Sold Above Asking 56.4%
Average Days on the Market 22.1
Sale-to-List Percentage 101.9%
Percentage of Listings with Price Reductions 21.9%

Gree­nsboro, NC, is currently experiencing a seller’s market, where there is high demand for homes but limited inventory available­. As a result, sellers have the advantage, often selling their homes at or close to the listing price. The shortage of available­ homes and the fast pace of sale­s contribute to this seller’s marke­t.

#49 Providence (Rhode Island)

 

MSP $379,048
One-Year % Change in Median Sale Price +11.4%
Homes Sold Above Asking 58.7%
Average Days on the Market 22.7
Sale-to-List Percentage 102.3%
Percentage of Listings with Price Reductions 17.2%

The Providence real estate market maintains a relatively high level of affordability. While it may not match the prices of properties in Toledo, Providence still offers more affordability than the majority of markets nationwide. Notably, affordability remains robust within the Providence housing market and displays no indications of decline.

For context, homeowners in Providence typically allocate around 11.1 percent of their income to cover monthly mortgage payments. In contrast, the national average hovers at approximately 15.1 percent. In essence, living in Providence proves to be more cost-effective than residing in most other markets throughout the country.

#50 Las Vegas (Nevada)

 

MSP $410,488
One-Year % Change in Median Sale Price -1.3%
Homes Sold Above Asking 41.1%
Average Days on the Market 29.6
Sale-to-List Percentage 99.8%
Percentage of Listings with Price Reductions 26.9%

Las Vegas, located in Nevada, is a city that provides limited walkability. It ranks as the­ 32nd most walkable large city in the U.S. and is home­ to 583,756 residents. Although Las Vegas does offer some public transportation options, it doesn’t have an extensive ne­twork of bike lanes. The downtown area of Las Vegas, famous for its casinos and hotels, stands out as the most acce­ssible neighborhood in the city. Howe­ver, housing options in this area are re­latively limited. Las Vegas has a mix of owne­r-occupied and renter-occupie­d housing units, making it a significant rental property market.

The strong job market in Las Vegas is a significant factor fueling this growth. With major industries like hospitality, gaming, and entertainment, the­ city offers plentiful employment opportunities that attract many individuals to relocate. As a re­sult, the increased de­mand for housing in the area contributes to the­ rise in home values.

Conclusion

Whether you’re looking to buy your dream or make an investment, 2023 could be the perfect time to get started. After a slowdown in housing markets last year, the spotlight is now turning towards markets with a reputation for steady and reliable performance.

These are the markets that have consistently maintained a pace. It’s expected that they will continue to remain active throughout 2023. And mind you, it’s always good to do more research before making real estate investments.

 

All data source: FRED

All image source: Wikipedia


Passing a Rental Property Inspection in Delaware Checklist and Important Things to Know

Are you getting ready for a rental property inspection in Delaware? It can feel a bit overwhelming. The goal is to make sure that everyone has a comfortable place to call home. Whether you’re a tenant, a landlord, or sharing your home with others, knowing the process can be really helpful. Delaware takes the well-being of its residents seriously. These rental property inspections are in place to maintain living standards for all.

Why Is A Rental Property Inspection Important?

Well, they aren’t for any property. They specifically focus on properties where the owner doesn’t live or homes where the owner lives but shares it with more than two people who are not family members. The purpose is to ensure that every aspect of the property meets the city’s standards benefiting both residents and property owners.

Why Is A Rental Property Inspection Important?

 

What Exactly Is a Rental Property Inspection?

Think of it like lending your electronic gadget to a friend. Before handing it over you might check if it’s clean and working properly. When your friend returns it you’ll inspect it again to ensure everything is still in shape. That’s similar to how rental property inspections work!

A rental property inspection serves as a sort of “check-up” for a house or apartment that is being put up for rent. Prior to a tenant moving in either the owner or a specialized inspector examines the premises. Their goal is to ensure that everything is safe and functioning properly. They do this by looking at aspects such as doors, windows, plumbing, and electrical systems.

Throughout the tenant’s stay, periodic inspections may occur to ensure that everything remains in order. Lastly when the tenant is ready to move out another inspection takes place to assess the condition of the place.

Why are these inspections necessary?

Rental property inspections are necessary because they provide protection for both the landlord and the tenant by guaranteeing a comfortable living environment for everyone involved. Any damage to the structure is assessed and the inspector ensures that it is fixed.

Why are these inspections necessary?

How does rental property inspection work in Delaware?

If you’re considering renting a property in Delaware it’s important to understand how rental property inspections function within Delaware. Here is an overview of the step-by-step process of rental property inspection.

1. Prior Consent

Before any inspections can begin, permission, from the owner or landlord must be obtained by the inspector.

This information is typically obtained from either the tenant residing in the property or the person responsible, for managing it. Without receiving a confirmation from them the inspection cannot take place.

2. Types of Properties Subject to Inspection

Not all residences undergo inspections in Delaware. The focus is on types;

  • Houses where the owner does not reside.
  • Houses where the owner lives but shares the space with more than two non-family members.

3. Purpose of the Inspection

Why is an inspection necessary? Its main objective is to ensure safety for everyone and guarantee that the property meets standards for habitation. This ensures that tenants can live comfortably while also maintaining and enhancing property value for owners.

4. Areas Assessed During Inspection

During an inspection several aspects are thoroughly examined, including;

  • Doors and windows:  Are they secure and not damaged?
  • Plumbing: Are there any leaks or plumbing-related issues?
  • Electricity: Is it safe and follows all the safety standards?
  • General condition: Is the premises clean and free from damage?

5. After Completion of Inspection

Once a comprehensive evaluation has been conducted a report detailing any identified issues will be generated by the inspector. The property owner will then receive this list. The owner will be responsible for addressing the matters listed.

Only once these issues have been resolved can the property be rented out again.

6. Regular Inspections

Inspections are not a one-time process. After a tenant moves in, there may be inspections to ensure that the property remains in excellent condition. Delaware takes inspections seriously as it prioritizes the safety of everyone involved and ensures that properties are well maintained.

Understanding this process is beneficial, for both renters and landlords as it allows them to avoid any circumstance where they might fail.

Rental Property Inspection Checklist in Delaware

When renting a home in Delaware it is crucial to understand what an inspector inspects during the inspection. This guarantees safety and peace of mind for both landlords and tenants. Let’s delve into the specifics.

Rental Property Inspection Checklist in Delaware

1. Exterior of Rental Unit

  • Material Condition; Inspectors thoroughly examine walls, roofs, and foundations for any signs of damage.
  • Drainage; The inspection verifies proper water drainage to prevent flooding or water-related harm.

2. Accessory Structures

  • Sheds, garages, and other additional buildings undergo inspection.
  • Inspection ensures their structural integrity and overall safety.

3. Sanitation

  • Proper disposal areas, for trash are checked during the inspection process.
  • The area is checked for pests or infestations

4. Entrances and Exits

  • Make sure all entrances and exits are clear and not blocked.
  • Check that safety measures, like railings or ramps are in place.

5. Exterior Doors

  • It’s important to have locking mechanisms for security.
  • Check for weatherstripping and sealing to improve energy efficiency.

6. Windows

  • Ensure that all windows can be opened and closed easily.
  • Take a look at the condition of screens and glass.

7. Throughout the Home

  • Check for cleanliness.
  • Make sure there is no presence of mold or mildew.

8. Stairways

  • Secure the railings to ensure safety.
  • Remove any tripping hazards such as carpeting.

9. Kitchen

  • Verify that appliances are working efficiently.
  • Inspect for any leaks or plumbing issues.
  • Check the condition of cabinets and storage areas.

10. Bathrooms

  • Ensure ventilation in each bathroom.
  • Inspect faucets and toilets for leaks.
  • Make sure all fixtures are securely mounted.

11. Bedrooms

  • Adequate ventilation and lighting are essential, in bedrooms.
  • Make sure smoke alarms are functioning properly.

12. Smoke Alarms

  • Are the smoke alarms installed on all floors?
  • Each and every smoke alarm should function
  • The battery life of devices is also examined.

13.  Carbon Monoxide Alarms

  • These alarms are considered essential for homes with gas-burning appliances. Inspectors carefully verify that these alarms are in working order.

14.  Fire Extinguishers

  • It is important for fire extinguishers to be easily accessible.
  • Inspectors check if they have not expired and have been maintained properly.

15. Sprinkler System

  • If a sprinkler system is present it is inspected for functionality.
  • Inspectors ensure that it covers all areas of the home adequately.

16. Mechanical Systems

  • Heating and cooling systems undergo inspection.
  • The goal is to ensure that all systems operate efficiently and safely.

17. Electrical Components

  • Wiring, outlets, and switches receive inspection.
  • The aim is to identify any risks of fires or shocks.

18. Washer and Dryer Assessment

  • Both appliances must be in working condition during the inspection.
  • Connections and vents associated with these machines are also checked.

19. Basement Examination

  • Basements are inspected for signs of dampness or water leaks.
  • Proper insulation and prevention of mold growth are also verified.

This checklist offers a guide, on what to anticipate during an inspection promoting the importance of healthy living conditions for everyone involved.

Benefits Of Rental Property Inspection?

Benefits Of Rental Property Inspection?

Whether you are a landlord or a tenant renting a property there are some responsibilities and expectations. The rental property inspections ensure that those are followed. Here’s why performing a property inspection is vital

1. Prioritizing Safety

  • An inspection ensures that all safety features, such as smoke alarms and carbon monoxide detectors are in working order.
  • It checks for hazards like wiring or structural issues that could endanger the occupants.

2. Maintaining Property Value

  • Regular inspections help landlords identify and address any signs of wear and tear before they escalate into problems.
  • By ensuring that the property remains well maintained it retains its market value and attractiveness for rentals.

3. Compliance with Legal Requirements

  • Regions have housing codes and regulations that rental properties must adhere to.
  • An inspection guarantees compliance with these codes reducing the risk of complications or penalties.

4. Effective Communication

  • Inspections provide a channel of communication, between tenants and landlords.
  • During the inspection, any concerns or issues, from either party can be addressed.

5. Cost Savings

  • Identifying problems such as a leak or electrical issue can lead to significant savings on repairs in the long term.
  • It helps prevent small issues from escalating to big problems where costly repairs are required.

6. Peace of Mind

  • For tenants, an inspection provides assurance that they are moving into a well-maintained property.
  • On the other hand, landlords can have peace of mind knowing that they have fulfilled their responsibility.

7. Protection for Both Parties

  • At the end of a lease, an inspection helps determine if there is any damage beyond wear and tear. This aids in resolving disputes regarding security deposits.
  • It sets clear and specific expectations regarding the condition of the property, from the beginning until the end of the lease.

 

Rental property inspections go beyond being formalities. They are an integral part of the rental process that safeguards both landlords’ and tenants’ interests and well-being. Whether it is ensuring safety, enhancing property value, or complying with law requirements there is no denying the benefits of conducting a thorough inspection of the rental property.

How To Prepare Your Rental Property For Inspection?

Here are some important tips to prepare your rental property for inspection.

1. General Cleanliness

  • Clean every inch of your property from the floors all the way up to the ceilings.
  • Pay attention to ensuring that the kitchen and bathrooms are sparkling clean.
  • Remove any clutter and personal items as this will make it easier for the inspector to move around freely.

2. Accessibility

  • Make sure that all areas of your property are easily accessible including attics, basements, and crawl spaces.
  • Unlock all doors, those leading to storage rooms or utility closets.
  • Clear any pathways or obstructions that could hinder movement during the inspection.

3. Electrical Systems Check

  • Take a moment to check that all light switches and outlets are functioning properly.
  • Replace any burned-out light bulbs.
  • Tidy up any exposed wiring. Ensure that the fuse box is labeled and easily accessible.

4. Plumbing Inspection

  • Take care of any taps or leaking pipes before the inspection.
  • Double-check that toilets flush correctly without any issues.
  • Ensure that drains are clear and free-flowing, for operation.

 

5. Testing Safety Features

  • Make sure that your smoke and carbon monoxide detectors are working fine. If needed replace the batteries.
  • Check if your security alarms or systems are functioning properly.
  • Confirm that your fire extinguishers are easily accessible and haven’t expired.

6. Landscaping and Outdoor Maintenance

  • Take care of the lawn by mowing it and trimming any shrubs or trees.
  • Clear any debris or obstacles, from walkways and driveways.
  • Look out for any peeling paint, or damaged siding on the exterior of your property and make necessary repairs.

7. Windows and Doors

  • Give both the inside and outside of your windows a thorough cleaning.
  • Ensure that all windows can open and close without any issues.
  • Test all door locks to ensure they’re working correctly.

 

8. Pest Control

  • Take action if you notice signs of pests like droppings or insect nests.
  • Consider getting a pest inspection done if you suspect an infestation.

 

9. HVAC System Maintenance

  • Replace air filters as required to maintain efficiency in heating and cooling systems.
  • Make sure that your heating and cooling systems are functioning efficiently.
  • Clean ducts to ensure airflow throughout your home.

10. Gathering Documentation

Keep documents such as warranties, repair receipts, or maintenance logs handy, for reference. This can provide proof of the property maintenance. Address any concerns the inspector might have.

11. Be Present But Give Space

It can be helpful to be available during the inspection in case the inspector has any questions. However, avoid hovering. Allow the inspector to work independently and form an opinion.

Properly preparing for a property inspection ensures a smooth and quick inspection process.  It also showcases the effort and care you put into maintaining the property. This can have a strong and positive impact on the inspector.

Conclusion

Having rental property inspection in Delaware is vital for both landlords and tenants as it ensures safety preserves property value and provides peace of mind. Adequately preparing your property for an inspection can make a difference in how the inspection proceeds and its outcomes.

Frequently Asked Questions (FAQs)

Q1. Why is it necessary to conduct a property inspection?

Rental property inspections are important for keeping your property well-maintained and peace of mind. It also improves the value of your house.

Q2. Who typically performs the property inspection?

Usually, a licensed and certified property inspector conducts the inspection. However, in some cases landlords or property managers may also carry out checks.

Q3. How frequently should a rental property be inspected?

The frequency of inspections can vary depending on regulations and lease agreements. Typically it is done before a tenant moves in or when the tenant moves out.

Q4. Can tenants be present during the inspection?

Yes in some cases tenants have the right to be present, during inspections. This helps in resolving any damage-related issues between the tenant and the owner.

Q5. What happens if a property fails an inspection?

If the rental property fails the inspection then the landlord is given a time frame to fix all the listed issues. Failure to fix the problems in the given time frame might lead to a penalty.

Q6. Are there any costs associated with property inspections?

Yes, if you decide to hire an inspector for your rental property inspection, they will charge you a fee for their services.

Q7. Who is responsible, for the property inspection? 

This is usually determined by the lease agreement or local regulations.

Q8. How much time does a typical rental property inspection usually take?

The length of the inspection can vary depending on the size of the property and how thorough the inspection is. However most inspections typically last, between 2 to 4 hours.

Best Ways To Advertise A Property Vacancy On Social Media

In today’s technology-driven world, social media has emerged as an indispensable tool, especially for landlords looking to tap into its vast potential.

It’s no longer just a hub for friendly banter or photo sharing. It has morphed into a significant marketplace and has become a cornerstone for businesses across the globe.

This includes the rental business, where landlords can utilize the power of social media to reach prospective tenants and advertise their vacant properties.

So understanding how to advertise a property vacancy on social media is a critical skill that landlords need to master in this digital age. Let’s dig deeper and explore the 10 best ways to make this happen.

Table of Contents:

  1. Coming Soon Post
  2. Social Ad Campaigns
  3. Property Videos
  4. Hashtags
  5. Leveraging Vendor Connections
  6. Run a Contest or Giveaway
  7. Drone Photography
  8. Lifestyle Pitch
  9. Humor
  10. Be Personal

The Bottom Line

Advertise A Property Vacancy On Social Media – 10 Best Ways

1. Coming Soon Post

Building anticipation can be a powerful tool in marketing. A coming soon post is an amazing way to stir up excitement around your property before it even hits the market.

Just like a blockbuster movie trailer, create a post that includes enticing photos, a short video, or a captivating description of the property. It’s like giving a small flavor of what’s cooking in your property rental kitchen.

2. Social Ad Campaigns

Running a social ad campaign is like shining a spotlight on your property amidst a crowded stage. Invest in strategically designed ad campaigns that target specific demographics.

Advertise A Property Vacancy On Social Media - Social Ad Campaigns

Be it individuals actively searching for properties in your area, people of a certain age group, or those with specific interests, smartly targeted campaigns are often the best way to advertise rental properties on social media.

3. Property Videos

Adding a dynamic element like a property video can make a huge difference. Videos offer a 360-degree view of the property, providing a more holistic and engaging experience.

Highlight the selling points – perhaps the spacious bedrooms, state-of-the-art kitchen, or the cozy fireplace in the living room. Property videos offer a unique opportunity for potential tenants to visualize themselves living in the space, enhancing their connection with the property.

Related: A Comprehensive Guide to Creating High-Quality Videos For Your Real Estate Business

4. Hashtags

Hashtags, when used strategically, can significantly improve the visibility of your posts. Hashtags like #rentals, #citynameproperties, or #luxuryapartments are frequently searched by users looking for rental properties.

By using relevant and popular hashtags, you increase the likelihood of your posts showing up in these searches, expanding your property’s visibility beyond your immediate follower base.

5. Leveraging Vendor Connections

Networking can be your best ally in advertising. If you have connections with local businesses like realtors, movers, or home improvement companies, form a mutual promotional alliance.

It’s like amplifying your voice with additional loudspeakers, where your partners help to broadcast your property across their own networks.

6. Run a Contest or Giveaway

A contest or giveaway can inject a dose of excitement into your property listing. It encourages followers to engage with your posts and might even lead to virality.

Advertise A Property Vacancy On Social Media - Giveaway

 

Offer rewards that are hard to resist – perhaps a discount on the first month’s rent, a complimentary professional cleaning service, or a gift card to a popular local restaurant. The more attractive the reward, the more shares, and tags you’ll likely receive.

7. Drone Photography

If a picture speaks a thousand words, drone footage of your property can speak a million. Elevate your property listing by showcasing stunning aerial views of your property.

Drone photography can capture the layout of your property, the architectural design, the garden or swimming pool, and even the surrounding neighborhood. These unique perspectives can add a dramatic effect to your listing, making it stand out among the rest.

8. Lifestyle Pitch

People don’t just rent a property; they rent a lifestyle. So why not pitch exactly that? Highlight the advantages of living on your property.

If it’s a downtown apartment, talk about the vibrant city life, the nearby amenities, or the short commute times. If it’s a suburban house, showcase the tranquil neighborhood, the local parks, or the community events.

Selling a lifestyle can attract tenants who are looking for more than just a place to stay.

9. Humor

While you build your advertising strategy, don’t forget to lighten things up a bit. Stand out from the typical property listings by infusing humor into your posts.

A light-hearted comment about the eccentric mailbox, a funny anecdote about the friendly neighbor, or a humorous caption on a photo can make your posts more engaging and memorable. As people react and comment, your post could enjoy a boost in reach, all thanks to a bit of humor.

10. Be Personal

Finally, don’t shy away from being personal. At the end of the day, it’s all about making connections. People connect with people, and by injecting your personality into your posts, you can foster a deeper connection with your audience.

Reveal a little about yourself, and share your story. It’s like inviting someone into your home and making them feel welcome.

personal in campaigns

The Bottom Line

Mastering how to advertise a property on social media requires a perfect blend of creativity, strategy, and understanding of digital marketing.

The best way to advertise rental properties on social media isn’t just about providing information; it’s about crafting a narrative that potential tenants can connect with. So, get creative, stay strategic, and watch your property listing reach new heights.

How To Get Rid Of Cigarette Smell in Your Rental Property

Ever walked into a property and been hit with the lingering smell of stale smoke? It’s an all-too-common problem for landlords, especially if your previous tenants were smokers.

Cigarette odor can deter potential tenants, reduce your property’s appeal, and even lower its value. For landlords, knowing how to get rid of cigarette smell in your rental property is a crucial skill, and that’s exactly what this guide aims to help you with.

In this guide, we’re going to talk about the best way to get rid of cigarette smell in your rental property. We’ll give you practical steps to not just hide but completely remove that stubborn smoke smell.

With these easy-to-follow tips, you can make your property smell fresh and clean again, making it a place that anyone would be happy to call home.

Why Cigarette Smoke Smell Lingers

Why Cigarette Smoke Smell Lingers

Smoke is not just an odor; it’s a composite of tiny particles and gases released when a substance burns.

In the case of cigarettes, these particles are incredibly tiny and have a knack for infiltrating everything from fabrics to wall paint.

These microscopic gate-crashers settle on all surfaces and, over time, build up, creating that pervasive, stale cigarette smell that feels almost impossible to shake off. Think of it as a stubborn, unwanted guest who doesn’t take the hint to leave, no matter how much you clean around them!

Step-By-Step Guide on the Best Way to Get Rid of Cigarette Smell

Step-By-Step Guide on the Best Way to Get Rid of Cigarette Smell

1. Ventilation

Start with the basics: air the place out. Let nature’s best air purifier, the fresh air, do its job. Throw open all windows and doors and let the outside air breeze through.

However, don’t expect this step alone to solve all your issues. It’s just the beginning of a comprehensive strategy, the warm-up act before the main event.

2. Deep Cleaning

You’ve started the ventilation process. Now, let’s get down to business. This is the part where some elbow grease comes in. Every nook and corner of your property needs attention.

All hard surfaces, including floors, walls, and countertops, must thoroughly scrub down with detergent. Pay extra attention to woodwork, such as window frames and skirting boards, as smoke particles are fond of porous materials.

Engaging in a thorough cleaning session can significantly address the issue of eliminating the lingering odor of cigarettes from your rental property.

3. Neutralization

With cleaning out of the way, let’s move on to neutralizing those stubborn smoke odors. You may be surprised to learn that everyday items like baking soda, activated charcoal, and white vinegar are excellent odor-neutralizers.

For your carpets, sprinkle some baking soda and let it sit overnight before vacuuming. A wipe-down with white vinegar can work wonders for walls and hard surfaces.

Consider a commercial odor neutralizer for any lingering smells. This step is the unsung hero in the best way to get rid of the cigarette smell in your rental property.

4. Replacement of Items

Sometimes, the smell permeates certain items so deeply that cleaning or neutralizing is not enough. In such cases, replacement becomes necessary. Items that typically need replacing are carpets, curtains, and sometimes even painted walls.

While this can be costly, view it as an investment towards a smoke-free, odorless property that’s attractive to prospective tenants.

Methods to Eliminate Cigarette Smell

Methods to Eliminate Cigarette Smell

Using Vinegar

Vinegar can be a powerful tool in your arsenal. Distilled white vinegar has strong odor-neutralizing properties. Fill a few bowls with vinegar and place them around the room for a few days.

Baking Soda Treatment

Another home remedy to consider is baking soda. Sprinkle it liberally on carpets, upholstered furniture, and even into the crevices of your furniture. Let it sit overnight before vacuuming thoroughly.

Commercial Products

Numerous commercial odor-eliminating products are available in the market. From sprays to gels to fogging machines, you might find a product that suits your needs and budget.

Professional Services

Sometimes, even after following all the recommended steps, the smell of cigarette smoke can stubbornly persist. This is when you may need to consider calling in professional cleaning services.

Pros of Hiring Professionals

  • Professional cleaners come equipped with industrial-grade cleaning products and equipment that are designed to penetrate deeper into materials, ensuring a thorough clean that may be difficult to achieve with regular household cleaning tools.
  • Professionals understand the ins and outs of cigarette smoke, from why it lingers to how best to eliminate it. Their experience in handling similar situations allows them to assess your property and formulate a strategy that addresses your specific needs.
  • The process of completely removing the smell of cigarette smoke can be labor-intensive and time-consuming. Hiring professionals can save this hassle and redirect your energy to other important aspects of your rental business.

Cons of Hiring Professionals

  • Professional cleaning services can be expensive, especially those that involve deep cleaning or the use of specialized, industrial-grade tools. The cost can significantly increase if multiple or regular cleanings are needed to fully remove the cigarette smell.
  • While professional cleaners have the tools and experience to tackle stubborn cigarette odors, there’s no guarantee that they can completely eliminate the smell, particularly if it has deeply permeated materials like carpets, curtains, or drywall.

Preventive Measures for the Future\

Preventive Measures for the Future

The final piece in this puzzle on how to get rid of cigarette smell in your rental property is prevention.

Enforcing No-Smoking Policies

Establish and enforce a strict no-smoking policy in your rental agreement. This not only reduces the risk of future odors but also minimizes potential fire hazards.

Regular Property Inspection

Additionally, regular inspections can help catch any violations early before the smell becomes a significant problem. It’s easier to address the issue promptly than to deal with a fully permeated odor later.

The Bottom Line

Getting rid of the cigarette smell in your rental property can be quite demanding, but it is far from impossible. With a combination of home remedies, commercial products, or professional services, you can reclaim your property’s freshness.

Implementing preventive measures will also ensure you’re not dealing with the same problem in the future. Remember, a clean, fresh-smelling property is more attractive to prospective tenants and can help keep your rental business thriving.

 

What Is Rental Verification? Why Should You Review Rental History

Rental verification is simply reviewing and verifying everything provided by the tenants on their application forms. As a landlord, you must double-check whether the information given by a tenant is completely accurate.

Picking up the right tenants not only brings peace of mind but also proves to be a valuable asset for your rental business in the long run. Similarly, having the wrong kind of tenants can create numerous issues and become an ongoing source of headaches for landlords. 

To better understand what rental verification is and why it’s crucial to review your tenants’ rental history before approving their application, continue reading this article.

What is Rental Verification?

What is Rental Verification?

Rental verification involves verifying the information provided by a tenant on their rental application. This process includes contacting previous landlords, cross-checking employment details, assessing creditworthiness, and conducting interviews.

Landlords can make sound decisions and minimize the risk of problematic tenants by obtaining accurate information about a tenant’s rental history.

The Process

The rental verification process often begins with the tenant filling out a rental application. This document gathers essential information about the tenant, such as their employment status, rental history, and financial condition.

Subsequently, the landlord or property manager cross-verifies this information by conducting interviews, contacting previous landlords, and reviewing public records.

Why Should You Use Rental Verification for Your Tenants?

Why Should You Use Rental Verification for Your Tenants?

There are multiple reasons for using rental verification during the tenant screening process. Let’s discuss these:

1. Prevention of Rental Fraud

The number one reason to conduct rental verification is to prevent rental fraud. Unfortunately, rental fraud cases have been on the rise. Scammers may provide false information, such as fake employment details or fabricated rental histories, to secure a lease.

By thoroughly vetting potential tenants, you can ensure you’re not dealing with someone with malicious intent. Rental verification acts as a deterrent to fraudsters and safeguards your property and interests.

2. Ensures Tenant’s Credibility

Rental verification helps confirm the tenant’s credibility. It provides a detailed picture of their creditworthiness, reliability, and trustworthiness, which can ease a landlord’s concerns about rent payment and property maintenance. By verifying a tenant’s past behavior, landlords can gauge their level of responsibility and determine if they are a good fit for the property.

3. Maintains Property Security

When you let someone rent your property, you want to ensure they’ll take good care of it. A proper rental verification helps protect your property by ensuring that it’s entrusted to responsible individuals.

You can identify any patterns of property damage, previous evictions, or negligence by reviewing a tenant’s rental history. This insight allows you to make an informed decision and select tenants who are more likely to take care of your property with care and respect.

4. Stability of Income Flow

Having a tenant who consistently pays their rent on time is integral to the stability of your income flow. Through rental verification, you can evaluate the potential tenant’s financial stability, ensuring that they can comfortably afford the rent.

Verifying their employment status, income level, and credit history gives you confidence in their ability to meet their financial obligations. This, in turn, minimizes the risk of rent payment delays or defaults.

How to Conduct Rental Verification

How to Conduct Rental Verification

So how can you actually verify a tenant’s rental record? What are the different methods you can employ for rental verification? Below are some of the valuable and practical ways of performing a rental verification

1. Rental Application

Well, a rental application is the primary tool that will provide all the essential information about prospective tenants. This application will give you all the necessary details about the applicant, such as employment history, income details, references, and the reasons for leaving their last rental.

It’s crucial to carefully review the application and ensure all required information is provided. Incomplete or vague responses can raise red flags and may necessitate further investigation.

2. Conducting Interviews

An interview allows you to further explore the information provided on the application. This conversation can give you insights into their character, lifestyle, and dependability.

Prepare a set of questions that delve into their rental history, reasons for shifting, and expectations as a tenant. Active listening and observing their responses can provide valuable indicators of their suitability as a renter.

3. Previous Landlords References

Contacting previous landlords can provide first-hand accounts of the tenant’s behavior. Reach out to the provided references and ask questions about rent payment punctuality, property maintenance, and overall tenant conduct.

These conversations can reveal important details that may not be evident from the application alone. If a potential tenant hesitates to provide references, it should raise concerns about their credibility.

Tips: Important Questions to Ask During a Landlord Reference Check

4. Checking Public Records

Public records can reveal red flags like eviction histories, criminal records, or significant financial issues. While respecting privacy laws, you can access public databases or hire a specialized screening service to obtain relevant information.

Checking court records, credit reports, and eviction databases can provide a comprehensive view of the potential tenant’s reliability. This step is crucial for minimizing risks and ensuring the safety of your property.

The Legal and Ethical Aspects of Rental Verification

While rental verification is a valuable tool, it’s essential to adhere to legal and ethical guidelines. Here are a few key considerations:

●     Consent and Privacy

Landlords must obtain the applicant’s consent before conducting rental verification. Respecting privacy and handling personal information securely is crucial to ensure compliance with data protection laws.

●     Fair Housing Laws

Ensure that rental verification practices comply with fair housing laws to prevent any form of discrimination. Treat all applicants equally, focusing solely on their rental history and suitability as a tenant.

Final Thoughts

Rental verification offers landlords a comprehensive understanding of potential tenants, enabling them to make the right decisions about their rental property.

By reviewing an applicant’s rental history, landlords can select reliable tenants, reduce payment risks, and maintain a harmonious landlord-tenant relationship.

Incorporating rental verification into your tenant screening process is an effective way to protect your investment and create a positive renting experience for both parties involved.

How To Attract Renters With Incentives

Owning rental property is an exciting adventure with its fair share of challenges, the biggest being how to attract renters. How can your property stand out among all the rental options available?

The answer lies in a strategy that many landlords have found successful – offering rental incentives.

But how to attract renters with incentives? What’s the best way to attract renters with incentives? We’re here to break down that strategy for you!

What are Rental Incentives

Rental incentives are rewards or bonuses offered to prospective tenants to sweeten the deal, making your property more attractive than others in the market.

What are Rental Incentives

The incentives could range from monetary benefits like discounted rent to physical upgrades in the property. The key is to make the potential tenant see the added value they’re getting by choosing your property.

Why Offering Incentives to Renters Is a Winning Strategy

Offering rental incentives is a smart move for landlords and property managers for various reasons. Here, we will look into the two main benefits that incentives offer: boosting occupancy rates and reducing tenant turnover.

1. Boost Occupancy Rates

When wondering how to attract renters with incentives, think of it this way – incentives are like a magnet drawing prospective tenants toward your property.

Offering a discount on the rent or a free month’s stay might just tip the balance in your favor when a renter is deciding between properties. Higher occupancy rates mean more steady income for you and fewer vacant units gathering dust.

2. Reduce Tenant Turnover

Retaining existing tenants is just as important as bringing in new ones. A high turnover rate means more time, effort, and resources spent on advertising the property, showing it to potential renters, and processing applications. Offering benefits to renew their lease could make tenants think twice before moving out. And who wouldn’t love the stability of long-term tenants?

What Kind of Rental Incentives you can Offer

Moving on to the next phase of utilizing incentive programs to attract renters, let’s explore the types of incentives you can offer. Remember, the best way to attract renters with incentives is by understanding their needs and tailoring the incentives accordingly.

What Kind of Rental Incentives you can Offer

1. Reduced Rent

Discounting the rent, be it for the first month or spread over a certain period, is a straightforward yet effective incentive. This direct financial relief could make a big difference to someone moving into a new place.

2. Free Utilities

Utilities are a significant portion of monthly expenses. Offering to cover utility bills for a set period can be a great incentive, reducing the renter’s financial load and making your property more attractive.

3. Property Improvements

Promising to improve the property, like a fresh coat of paint or new appliances, could sway renters in your favor. This not only improves their living conditions but also shows that you’re invested in the property.

4. Referral Bonuses

Encouraging your current tenants to help find new ones by offering referral bonuses is a smart strategy. The bonuses could be a discount on rent, a cash reward, or even a gift voucher. This way, your tenants become your property ambassadors!

Implementing Rental Incentives: The How-To Guide

You’re now fully aware of the kind of incentives you can offer your tenants, but how do you implement these incentives? Here are some crucial steps to follow:

Know Your Audience: Understand Your Tenants

Different renters value different things. While some would jump at the idea of discounted rent, others might appreciate property upgrades more. The best way to attract renters with incentives is to offer what they value the most.

Communicate Clearly: Transparency is Key

Advertising the incentives is as important as offering them. Whether it’s on your website, social media platforms, or property listings, make sure the potential renters are aware of what’s in store for them.

Keep Incentives Fair and Legal: Stay within Boundaries

While offering incentives, it’s crucial to stay within the legal framework and fairness guidelines. Avoid discrimination or bias and ensure the incentives comply with local regulations.

Effects of Rental Incentives on Your Property

Effects of Rental Incentives on Your Property

By implementing rental incentives, you’re sure to see some positive changes. Here’s how your property could benefit:

●    Stand Out in the Market

In a saturated rental market, it’s crucial to find ways to differentiate your rental property from the rest. By offering incentives, you can make your property stand out and boost its appeal, drawing potential renters’ attention.

●    Build Long-lasting Relationships

Incentives can help cultivate a sense of community among your tenants. Happy tenants are likelier to stay longer, participate in community activities, and contribute to a positive atmosphere.

●    Improved Property Reputation

Offering thoughtful and attractive incentives isn’t just about filling vacancies – it can also significantly boost your property’s reputation. Tenants talk, and word-of-mouth referrals can be incredibly powerful. When your tenants feel valued and appreciated, they’re more likely to speak positively about your property in their circle.

Pitfalls to Avoid When Offering Incentives

While rental incentives can be a powerful tool, they must be handled correctly to avoid potential pitfalls. Here are a few key points to keep in mind:

●    Avoid Discrimination

When offering incentives, ensure they’re available to all potential tenants regardless of color, race, gender, or other attributes. Offering incentives to some and not others could potentially lead to claims of discrimination, which can have serious legal consequences.

●    Don’t Sacrifice Long-Term Revenue

While offering incentives can help fill vacancies quickly, it’s important not to undermine your long-term profitability. Offering incentives too frequently or too generously may impact your revenue in the long run. Striking a balance is key.

●    Avoid Promising What You Can’t Deliver

Never promise an incentive that you can’t deliver on. Doing so can lead to dissatisfied tenants and damage your reputation. Be clear about what the incentive entails and ensure you can follow through on your promises.

The Bottom Line

In the highly competitive rental market, the best way to attract renters with incentives is to offer value that aligns with their needs. From boosting occupancy rates to building a strong community, rental incentives offer multiple benefits for both you and your tenants.

You have a variety of options for incentives, from offering discounts and providing new home appliances to giving complimentary gym memberships or even renovating the property.

The key is to ensure these incentives appeal to potential tenants. Hence, conducting thorough research is vital to understand what truly entices renters.

Remember, each property and renter is unique, so don’t hesitate to experiment with different incentives and evolve your strategy based on feedback.

A Landlords Guide To Roof Maintenance and Repairs (2024 Update)

Roofs of rental properties are often neglected when it comes to maintenance and repairs. However, this essential structure not only enhances the overall aesthetic appeal of your property but also protects in all weather conditions when adequately maintained.

With that in mind, we have developed a detailed roof maintenance and repairs guide for you to help promote tenant satisfaction and retention by maintaining a well-kept roof that provides reliable shelter and protects their living space.

On average, roof maintenance can cost anywhere from $379 to $1,769, but replacing it altogether can incur a substantial cost of $11,500. Therefore, it is necessary to address minor issues promptly to prevent them from escalating into a complete overhaul.

As a landlord, you also have a legal responsibility to provide safe and habitable surroundings to your tenants, which is why you must understand the major causes of roof damage and how to deal with them.

The Importance of Roof Maintenance and Repairs for Landlords

Why it’s so important for landlords to take care of their rental property’s roof? Let’s discuss some of the key advantages of roof maintenance:

The Importance of Roof Maintenance and Repairs for Landlords

Protecting the Property

A sturdy and well-maintained roof acts as the first line of defense against harsh weather conditions, such as rain, snow, and wind. Regular maintenance helps identify and address issues like leaks, damaged shingles, and deteriorating flashing before they escalate into costly problems.

Ensuring Tenant Safety

The safety of your tenants should be a top priority as a landlord. A neglected roof can pose serious risks to the people living under it. Leaks can lead to mold growth, compromising indoor air quality and potentially causing health issues.

Routine inspections and maintenance can help identify potential safety hazards, allowing you to address them promptly and ensure a safe living environment for your tenants.

Preserving Property Value

Maintaining a well-functioning roof is crucial for preserving the value of your property. A damaged or deteriorating roof can significantly reduce its market value. By investing small amounts in regular maintenance and repairs, you can protect your property’s value and avoid costly expenses.

Additionally, an attractive and well-maintained roof enhances the curb appeal of your property, making it more appealing to potential tenants.

What are The Signs of Roof Damage

 

To effectively maintain your property’s roof, it’s essential to be aware of common signs of damage that may require attention.

What are The Signs of Roof Damage

●     Leaks and Water Stains

One of the most common signs of roof damage is water leaks and stains on the ceiling or walls. If your tenants report water dripping or notice discolored patches on the interior surfaces, it may indicate a roof leak.

●     Damaged or Missing Shingles

Inspecting the roof for damaged or missing shingles is essential. High winds, extreme temperatures, and aging can cause shingles to crack, curl, or fall off. Such issues compromise the roof’s ability to protect against water infiltration and may lead to more significant problems if left unaddressed.

●     Sagging or Uneven Roof

A sagging or uneven roof is a clear indication of structural issues. It could result from water damage, rotting wood, or compromised supports. Any noticeable sagging should be inspected by a professional to determine the underlying cause and prevent potential collapses.

What are the Regular Roof Maintenance  and Repair Practices

In order to keep your roof in optimal condition, regular maintenance practices are vital. Here are some recommended practices for landlords:

Roof Maintenance  and Repair Practices

Inspecting the Roof

Regular inspections, both after severe weather events and as part of routine maintenance, help identify early signs of damage. Walk around the property, visually inspect the roof, and look for any visible issues like damaged shingles, loose flashing, or clogged gutters.

Clearing Debris and Cleaning Gutters

Regularly removing debris such as leaves, branches, and dirt from the roof and gutters is crucial for proper drainage. Clogged gutters can lead to water accumulation and potential damage to the roof and property. Schedule gutter cleaning after every six months to prevent blockages.

Repairing Damaged Shingles

If you notice damaged or missing shingles during your inspections, it’s important to address them promptly. Replace any cracked or curled shingles and secure any loose ones to prevent water penetration and protect the underlying roof structure.

Checking Flashing and Seals

Flashing and sealing around chimneys, vents, and skylights can deteriorate over time, leading to leaks. Regularly inspect these areas for signs of damage or wear and tear. Replace or repair any damaged flashing and seals to maintain a watertight barrier.

Dealing with Roof Repairs

Dealing with Roof Repairs

Despite regular maintenance efforts, roof repairs may still be necessary due to the natural wear and tear that occurs over time. Here are some tips for handling repairs as a landlord:

Promptly Addressing Issues

When your tenants report roof issues, respond promptly to assess the situation and initiate repairs. Delaying repairs can worsen the problem and potentially lead to additional damage to the property and inconvenience for your tenants.

Communicating with Tenants

Maintain open and clear communication with your tenants throughout the repair process. Inform them about the expected timeline and any necessary precautions they need to take, and keep them updated on the progress. Clear communication fosters trust and helps manage expectations.

Managing Repair Costs

Repair costs may vary depending on the level of damage and required repairs. It’s important to budget for unforeseen repairs and have contingency funds available. Review your insurance coverage to understand what repairs are covered and ensure you have adequate financial resources to handle any expenses.

Hiring a Professional Roofing Contractor For Roof Maintenance and Repairs

While landlords can perform regular roof maintenance, some tasks require the expertise of professional roofing contractors. Hire a reputable roofing contractor with experience in roof replacements.

Ensure they follow proper installation techniques and adhere to building codes. Here are important considerations when hiring a contractor:

  • Find a reputable roofing contractor through thorough research and recommendations, looking for experience, positive reviews, and a track record of quality work.
  • Obtain multiple quotes from contractors to compare services and prices, ensuring the best value for your money.
  • Check the licenses and insurance of the roofing contractor to ensure they meet professional standards and provide coverage in case of accidents or property damage.
  • Review contracts and warranties, ensuring a detailed agreement on the scope of work, materials, project timeline, and payment terms, and understanding the coverage and duration of warranties.

The Bottom Line

Proper roof maintenance and timely repairs are vital not just for the safety of tenants but for the overall success of your rental business.

Consider this roof maintenance and repair guide as the ultimate source of valuable insights and practical advice to ensure the longevity, functionality, and value of your property’s roof.

Don’t wait for costly problems to arise – take matters into your hands and follow the roof maintenance strategies in this guide! Look after your property’s roof health and avoid unnecessary expenses by following our expert advice on maintaining your roof.

holdover tenant

What Is A Holdover Tenant?

When a tenant remains in a leased property after the expiration of their lease agreement without the landlord’s explicit consent, they are commonly referred to as a holdover tenant.

There are scenarios where a holdover tenant can face eviction while their occupancy is considered legal

in other circumstances.

Both landlords and tenants need to understand the legal rights and implications of holdover tenancy.

So, what exactly is a holdover tenant, and how do they work? Let’s find out in this article.

What Is A Holdover Tenant? – Definition

A holdover tenant is an individual who continues to occupy a leased property beyond the expiration date of their lease agreement.

This kind of situation usually occurs when the tenant remains on the premises without executing a new lease or reaching a renewal agreement with the landlord.

As a result, the tenancy is considered “at will” or “holdover,” indicating the absence of a fixed term or lease agreement.

What Is A Holdover Tenant

Rights and Obligations of Holdover Tenants

 

Holdover tenants’ rights and obligations can vary depending on local laws and the terms of the original lease agreement. In many jurisdictions, holdover tenants are entitled to the same rights and protections they had under their original lease, although landlords may have the right to modify certain terms.

Holdover tenants need to review their original lease agreement and consult local regulations to understand their specific rights and obligations in this situation.

What if a holdover tenant continues to pay rent after the lease agreement has expired?

Rights and Obligations of Holdover Tenants

In some cases, holdover tenants may choose to continue paying rent even after the lease agreement has expired. By accepting rent payments, landlords may unwittingly create a new month-to-month tenancy or an implied lease.

However, the terms and conditions of this new arrangement may vary depending on local laws and whether both parties explicitly agree to the continuation of the tenancy.

Eviction Process for Holdover Tenants

Delaware Eviction Laws

When faced with a holdover tenant, landlords usually initiate eviction proceedings to regain the property’s possession. The specific eviction process can differ based on local laws, but it generally involves issuing a notice to quit or vacate the premises.

These formal notices inform the tenant of the landlord’s intent to terminate the tenancy and provide a specific period within which the tenant must vacate the premises. If the holdover tenant fails to comply, the landlord may then file a lawsuit to evict them.

When is a holdover tenant considered trespassing?

A holdover tenant is considered trespassing when they continue to occupy the property without the landlord’s permission after receiving proper notice to vacate.

Once the tenancy has been terminated through legal means, the holdover tenant no longer has the right to remain on the premises and can be subject to legal consequences.

Negotiating with Holdover Tenants

Instead of immediately pursuing eviction, landlords may choose to negotiate with holdover tenants. This option is viable when the tenant has been reliable, and the landlord is open to continuing the tenancy.

Negotiations may involve discussing lease renewal terms, adjusting the rent, or formalizing a new lease agreement. Open and honest communication is key for both parties to find a mutually beneficial solution.

Tenancy at Sufferance and Tenancy at Will: Understanding the Difference

Tenancy at sufferance and tenancy at will are two related but distinct concepts in holdover tenancy.

Tenancy at sufferance

Tenancy at sufferance is a situation where a tenant stays on the property after the termination of the lease without the landlord’s consent. In this situation, the tenant is essentially “holding over” without any legal right or agreement.

The landlord has the right to take legal action to evict the tenant and regain possession of the property.

Tenancy at will

On the other hand, tenancy at will refers to a more informal and flexible arrangement between the landlord and tenant. It occurs when the tenant remains on the property with the landlord’s consent after the lease has expired but without a formal agreement in place.

Tenancy at will is typically of an indefinite duration and can be terminated by either party with proper notice.

Legal Consequences for Holdover Tenants

Holdover tenancy is generally viewed as a violation of the landlord’s property rights, and holdover tenants can face legal consequences as a result.

These consequences can include monetary damages, being held liable for rent at a higher rate than the original lease, and even eviction.

Additionally, landlords may be entitled to recover legal fees associated with the eviction process. Holdover tenants should understand the potential legal ramifications and seek legal advice if necessary.

Tips for Landlords Dealing with Holdover Tenants 

Tips for Landlords Dealing with Holdover Tenants 

 

  • Communication is key: Initiate a conversation with the holdover tenant to understand their intentions and discuss possible resolutions.
  • Review the original lease agreement: Familiarize yourself with the terms and conditions of the original lease to assess your rights and options.
  • Consult local laws: Research and understand the specific legal requirements and procedures for dealing with holdover tenants in your jurisdiction.
  • Document everything: Maintain a record of all communications, notices, and actions taken during the eviction.
  • Seek legal advice if necessary: If negotiations fail or the situation becomes complex, consult a qualified attorney to protect your rights and navigate the legal process effectively.

Final Thoughts

Dealing with holdover tenants can be a challenging and legally sensitive situation for both landlords and tenants. It is crucial for landlords and occupants to understand the rights, obligations, and potential legal consequences of holdover tenancy.

A landlord generally has two options when faced with a holdover situation; To negotiate a new contract or to take legal action like eviction against the tenant. However, landlords need to understand and uphold tenants’ rights before taking any action.

By fostering open communication, knowing local laws, and seeking legal advice when necessary, landlords and tenants can navigate this situation successfully.