After working for GE and Allied Signal for several years, Dave Sweyer joined his family’s real estate business in 1998. Not long after joining the family business, Dave embarked upon starting a long-term residential rental company
The leasing market in Wilmington, North Carolina, has been experiencing notable changes in 2023. With the local economy flourishing and the city's popularity as a desirable place to live, work, an ...
Are you a rental property investor looking to maximize your profit while minimizing risk? You’re not alone! Many rental property owners face the same challenge of navigating pitfalls and obstacl ...
Springtime is upon us, meaning certain property maintenance tasks must be done. But don’t fret - with these eight tips, you’ll have a well-maintained rental home this spring. Whether you ...
Are you a rental property owner who wants to stay ahead of the curve? Then you'll want to know about some things renters are looking for in 2023. From energy-efficient appliances to private outd ...
If you're a rental property owner, you know that preventative maintenance is key to keeping your tenants happy and your investment in good shape. But what exactly falls under the umbrella of pre ...
For many would-be rental property investors, the process of acquiring a new rental home can be daunting. There are several things to consider before making the purchase, and it’s important to ...
Oh, January – it's the time of the year for fresh starts, new resolutions, and… taxes. But if you're a rental property owner, we've got some good news - you may be elig ...
A lot goes into being a landlord - from finding the right tenants to maintaining the property. And while some landlords may be tempted to go the DIY route, some serious risks are involved in not hir ...
If you’re looking to lower your monthly bills or reduce your carbon footprint, employing energy-saving methods in your rental home is a great way to do both. In this article, we’ll give ...
Whether you're new to real estate investing or have been at it for years, you've probably realized that the world of property management has its own language. Or, perhaps, you've heard som ...
As a landlord, you will likely encounter difficult tenants at some point. And, as you might imagine, difficult tenants can be a huge hassle and cause a lot of stress. They can also cost you money if ...
If you’re an investor looking to build a rental property portfolio, then it’s important to consider hiring a professional property manager. Property managers have a wealth of knowledge w ...
Having the right insurance coverage is important if you are a rental property owner. There are several types of policies that you should consider, including dwelling coverage, personal property cove ...
As the days grow shorter and the leaves start to change color, rental property owners know that the autumn has arrived and the winter season is just around the corner. While this time is quite beautif ...
If you're looking for a new property manager, it's important to ask the right questions. You need to make sure that the company you hire is qualified and experienced in property managem ...
As a landlord, you want to do everything possible to keep good tenants in your property for as long as possible. This means being prompt with communication, handling maintenance requests efficiently, ...
It’s all but guaranteed that most homeowners, at one point or another, have thought about or seriously considered becoming landlords. After all, they know how to maintain their home, pay their m ...
Nowadays, more and more landlords are allowing pets at their rental properties. This choice has many benefits, including increased tenant retention and a larger pool of potential renters. However ...
Like most landlords, you want your rental property to attract the best tenants possible. And one of the easiest ways to do that is by giving your property some curb appeal. By making a few simple ...
When it comes to HVAC units in rental properties, there are a few key things landlords should keep in mind. By following some simple preventative maintenance tips and tricks, you can help ensure your ...
It's official - hurricane season is here, and storms will soon start making their trek across the Atlantic Ocean to visit us. While some people are preparing themselves by stocking up on supplies ...
Mistakes are a part of life. They also are a part of owning and growing a business. But mistakes in business can cost you money, and no one in business likes losing money. Thankfully, we have the c ...
Marketing is an effort and an expense that nearly every business must budget for and put resources behind. That fact is no different for your rental properties. Remember, owning and rentin ...
There's no other way to look at it – when it comes to managing rental properties, the goal is to maximize profit for the property owner, whether that is yourself, a group of investors, or an ...
Rental investment properties have long been a source of smart, steady-growth investment. But, as with any investment, there are many factors to consider before signing on the dotted line and passing c ...
It's said that nothing in this world is certain except death and taxes. The rising cost of housing should perhaps be added to that list. All property owners know this reality. But, whether i ...
It can be a nerve-wracking time when your rental property undergoes a tenant change. You may have had a fantastic tenant who paid on time, took care of the property, and was responsive to necessary co ...
If residential rental real estate is a part of your investment portfolio, you may wonder if and when there is a right time to grow your portfolio. Of course, given that every investor's goals, ...
In North Carolina, every vehicle owner (or lessee) must have their vehicle inspected annually. This is done to ensure that vehicles on the road meet certain benchmarks for safety and emissions. Whi ...
Much like other types of investments, real estate investments come in many shapes and sizes. In the world of residential real estate investments, things tend to boil down somewhat simply into two c ...
What to charge? It's an age-old question for anyone who has something to sell or, in the case of investment properties, something to rent. The logic of capitalism tells us that the free market, ...
No one ever likes to consider that the day may arrive when they have to evict a tenant from their rental property. It’s a stressful event for everyone involved – the property owner who is ...
If you have decided to have rental properties as a part of your investment portfolio, one of the first decisions you will need to make is whether to use a property management company and, if so, which ...
Rental real estate is traditionally an excellent medium-to-long-term investment from a financial standpoint. But the idea of dealing with difficult tenants is at or near the top of the list of why man ...
HOW PROPERTY MANAGERS HELP AVOID PITFALLS OF HIRING VENDORS The term “investment property” does not describe any one type of house, condo, townh ...
Rental properties can be great investments and provide month-over-month profit for owners, while simultaneously accruing equity over the longer term. Some owners have a single rental property, whil ...
We are nearing the peak of the Atlantic hurricane season and, thankfully, the season thus far has been relatively uneventful for those of us in the coastal Carolina area. Being prepared for hurrica ...
If you're new to property investments, one idea you may be toying with, especially if you're a local, is taking care of maintenance issues yourself. Is this a good idea? Oftentimes inves ...
Though purchasing rental properties may not be the first thing that comes to mind when you hear, "easy investment," perhaps it should be. Why? Investing in rental properties comes with many ...
Unlike generations before them, many millennials have delayed purchasing their first property whether it be out of personal preference or financial necessity. This group, now aged roughly 25-40, is cu ...
When investing in rental properties, your ultimate goal is to make a profit, right? In a perfect world, this could be achieved by simply buying a property, putting it on the market, and finding a tena ...
Purchasing rental properties in your immediate geographical area may seem like the only option when it comes to real estate investing; however, there are many advantages that come along with investing ...
Investing in real estate is one of the biggest decisions property owners will make. If you’re new to the investment game, you’re probably coming across a lot of words, phrases, and acronym ...
Full home renovations can get quite expensive to say the least - even a complete renovation of just one area of a home may be outside of a homeowner’s budget. However, for investment properties, ...
With the April 15th tax deadline quickly approaching, many of you may have already filed your taxes and perhaps even have a refund coming your way. Are you still trying to decide what to do with that ...
Becoming a rental property investor is a great way to generate extra income as well as build your nest egg or investment portfolio. However, the purchase of a rental property shouldn't be taken li ...
With most rental home searches being conducted online, those intending to scam prospective renters can easily create duplicate ads by copying real ones and stealing their photos. Though fraudulent ads ...
If you're an investor with a growing portfolio of rental properties, self-managing those properties may become increasingly difficult as your portfolio increases. With a greater number of properti ...
For members of the armed forces, receiving a Permanent Change of Station (PCS) comes with many decisions that must be made. What will you do with your home while you're away? Though selling may se ...
January 2021 - Despite the many challenges presented by 2020, we’re happy to say that the rental market in the Greater Wilmington Area remained strong. Across the board, occupancy rates continue ...
So, you've found the perfect tenants, there's a huge burden lifted off your shoulders and the hard part is over, right? Well don’t get settled in just yet, now you need to shift your foc ...
With the holidays and the end of the year fast approaching, many of you are probably beginning to put up some festive decorations. Afterall, a little extra holiday cheer goes a long way in brightening ...
If you're a new investment property owner, you may be unfamiliar with property inspections as they apply to these properties. Unlike home inspections when purchasing a new property, inspections of ...
Communication is key, as they say, and this is nowhere more apparent than in the landlord/tenant relationship. With the extra stress everyone is facing these days, the slightest communication misstep ...
Finding qualified tenants for your rental properties is one of the best ways you can protect your investment. By weeding out those who are less likely to pay rent on time and care for the property, la ...
It's happened to all of us - you call a business hoping to speak with someone who can answer a quick question or settle an issue only to have your call passed around to five different people and u ...
Deciding whether to sell your home or become an investment property owner is something many active-duty service members will face at some point in their careers. And, unfortunately, there is no " ...
For those with homes on the real estate sales market, nothing is quite as frustrating as watching it sit for months or even years with minimal traffic and no viable offers. If you're currently in ...
Though businesses are beginning to reopen in many areas of the country and we are all adjusting to what might be our "new normal", many things still remain uncertain. One of those uncertaint ...
So, you've decided to purchase an investment property − congratulations! But what comes next? You of course want to find a great tenant who will pay rent on time and care for the property. A ...
With the majority of rental property searches, appointment scheduling and applications occurring online, it has become easier than ever for scammers to take advantage of prospective renters. As techno ...
As you may know, security deposits are a standard component of renting a home whether you're an owner requiring the deposit or a new tenant paying the deposit. Security deposits are funds that ten ...
Adding rental properties to investment portfolios can have a vast array of benefits for today's investors. In comparison to other investment products on the market, real estate has no equal. Obtai ...
With all the uncertainty in the world over the past several months, investment property owners may be wondering how their rental properties will continue to be shown and leased. Thankfully, the proper ...
As with many other things in the world today, there is a lot of uncertainty surrounding vacation and short-term rentals which, in North Carolina, are any rentals for a period of less than 90 days. Eve ...
These days, there may be some confusion regarding the laws surrounding service animals and emotional support animals for those who own rental properties. The department of Housing and Urban Developmen ...
With warmer weather having arrived in the Wilmington area and the hottest months of the year coming up, now is a good time to ensure that your investment property is prepared for the extreme temperatu ...
Choosing a professional property management company to care for your investment is not a task to be taken lightly. With all the options available today, you need to of course know how to properly vet ...
In an area with an extremely active rental market like Wilmington, finding people who are interested in renting your investment property often isn’t a problem. However, sometimes the problem lie ...
If you're a long-time investment property owner experienced in managing your own tenants, you may not be looking for full-service property management services. However, sometimes finding and secur ...
We in southeastern NC are fortunate to live close to some of the nation's best military bases located at Camp Lejeune and New River Air Station. There are many factors to be considered when it com ...
These days, businesses are all but required to offer online options for their clients. This trend is perhaps nowhere more apparent than in the property management industry. Renters today want to be ab ...
As you might expect, the state of the economy and the housing market - both locally and nationally - can have a huge impact on how your investment will fare in the upcoming year. The Wilming ...
There are many advantages provided to investors who own rental properties in a college town. As long as there is a college or university accepting students, there will always be people looking for ren ...
One of the best ways to guarantee that you'll get a good return on your investment home is finding quality tenants. Though this may sound simple, the discerning landlord will understand that there ...
Just as with any industry, the rental housing market experiences lots of changes — some occur rather quickly, others over longer periods of time. With that, investment property owners must ...
When embarking upon purchasing your first investment property and preparing it for the rental market, you'll likely come across some words and phrases you aren't very familiar with. Like many ...
Getting your investment property ready for the rental market is one of the most important steps you can take in ensuring you get a good return on your investment. If a property hits the market unprepa ...
If you own an investment property or are considering purchasing one, chances are you’ve weighed out the pros and cons of hiring a professional property management company versus handling managem ...
Now that the fall season has arrived in the Cape Fear region, it is a good time to consider what maintenance projects may need attention around your home. Fall is a great time to evaluate the conditio ...
Effective marketing is essential to getting proper exposure for your investment property — how else will people know there is a house to rent if it isn't being advertised? In today's tec ...
Owning rental property can oftentimes prove to be one of the soundest investments you make. Real estate has for years been considered a more reliable investment than other types of investments like st ...
Many in the Cape Fear region took quite a hit when Hurricane Florence rolled through in September of last year. With the most active period of hurricane season upon us yet again, we at Sweyer Property ...
We get calls to our office all the time from owners who have tried to self-manage their rental properties. They are to the point where something had gone wrong and they are done with the process. In ...
It saddens me when rental properties sit with neglected lawns and overgrown weeds. If property owners want to increase occupancy rates (and rental prices), the lawn is a great place to start. And ...
Summer in the Cape Fear region is hot and humid. If you have rental properties, you are required to provide air conditioning to tenants. And for all parties involved, it is important that your air con ...
Misty Marshburn-Smith is originally from Jacksonville, N.C., and joined the team here at Sweyer Property Management in 2007. Marshburn-Smith has been in the property management industry for more than ...
A rental property can be a wonderful investment, if someone is renting it. The good news is that there are things you as a property owner can do to help your occupancy rate stay high and your rental i ...
No matter how much you prepare, sometimes it happens: difficult renters. There are some big problems with renters that are more frequent than others and these can include renters disturbing t ...
There are a few things that sneak up on property owners and surprise them when it comes to managing their rentals. One of those things is trash collection. Owners aren’t always aware of ...
While we all remember the housing crash a few years ago, reports coming in are projecting that things are generally on an upswing now and we're tasting recovery. And as I have shared before, I thi ...
So you’ve taken the step to invest in rental properties. Of course, we think you’ve made the right choice. From building wealth to tax advantages, there are many good reasons to own rental ...
Tracy Maurer is the daughter of a retired Navy commander, which means she’s lived in many different places growing up, including Japan. When her father retired, Tracy’s family settled in h ...
Tax time has come and gone. We hope you filed your taxes on time and, even more, we hope you have a refund coming your way! When trying to decide what to do with that refund, there are many opportunit ...
We all know that first impressions matter. This holds true when it comes to your rental property. If you want to maximize your property’s income, you have to make sure you aren’t scaring a ...
Over the past year, we noticed an undeniable trend at Sweyer Property Management. We were getting more traffic to our website from mobile devices than desktop computers. This meant it was time for us ...
In the age of social media and online rating sites, the majority of potential renters start searching for a place to live using some type of mobile device or desktop computer. By using popular rental ...
If you own rental properties in Wilmington close to the beautiful UNC Wilmington campus, it is guaranteed that you will have college students interested in your property. Having a rental property t ...
When you buy investment property, at some point down the road you will question if it’s time to sell or hold on to it. Everyone hears horror stories of investors waiting too long … or sel ...
With a continually changing and growing real estate rental market, I find it’s important to reflect on the past as well as look at the trends and growth that will carry us through this year. &n ...
Requiring a security deposit is one of the standard components of renting out your investment property. Holding a deposit benefits the owner as it protects you from paying out of pocket for repairs th ...
Congratulations! You’ve made the decision to hire a rental property management company for your rentals. As we’ve discussed before, the decision to take this step was surely influenc ...
As I mentioned in a previous article, owning rental property can be an effective strategy for building wealth. Navigating federal and state fair housing laws can be extremely complex; it’s criti ...
With the end of the year approaching, many of us are being distracted by visions of sugar plums and thoughts of the holidays. For investors, business owners and contractors, however, it’s a time ...
Raising the rent on a rental property may seem like an easy way to increase profits, but reducing vacancies is a more effective strategy. While it is important to ensure that rents keep pace with infl ...
Buying a condominium or a townhome can be a great way to start investing in real estate. The cost is relatively low compared to purchasing a single family home, and many of the neighborhoods where con ...
Investing in real estate may sound like a great idea (see my article on the topic), but the amount of detail and the number of steps involved can be intimidating, even for the most experien ...
Many investors think that self-managing a rental property is just a matter of finding a nice tenant who pays on time. The reality is that there are many details and laws that pertain to managing a ren ...
It never fails to surprise me when I hear a property owner tell me that it isn’t worth the effort to improve the curb appeal of their home, since “it’s just a rental.” After al ...
Compared with every other investment product out there, real estate has no equal. This point is compounded after considering that interest rates are still hovering at all-time lows, and purchasing rea ...
Passenger Rail Study Offers New Details About Proposed Wilmington To Raleigh Route
Emma Dill
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Apr 22, 2024
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Severe Weather Postpones Trump Rally In Wilmington
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Apr 20, 2024
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Will NC Be CNBC's Three-time Top State For Business?
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Apr 22, 2024
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Lydia Thomas, program manager for the Center for Innovation and Entrepreneurship at UNCW, shares her top info and tech picks....
Michelle Penczak, who lives in Pender County, built her own solution with Squared Away, her company that now employs over 400 virtual assist...
Baristas are incorporating craft cocktail techniques into show-stopping coffee drinks, and bartenders are mixing espresso and coffee liqueur...
The 2024 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.
