Self managed rentals have costs that many don’t consider… What is your time worth?
You just bought a property in North Carolina. You’ve heard great things about the area and are really excited about the idea of your first “income generating investment property.” It will be great. You’ll put a sign in your yard, find some great tenants, collect rent each month with a large margin, never have maintenance concerns, and then do it all again when they move out after a few years.
In theory, it sounds great. But chances are, you aren’t going to find a renter by only placing a sign in your yard. And, those “great tenants” may turn out to have a criminal background or bad credit. Sometimes, your tenants might pay late. The truth is, your great tenants might break something. Worst of all, they decided to move out earlier than you expected…..Now, what?
Why not consider hiring a property manager? Instead of worrying about whether or not your tenants are going to pay each month, just enjoy the money direct deposited into your account each month. Property manager professionals are just that … professionals. Property managers do this for a living, all day, everyday. Your property manager has the resources to advertise your property on all the major sites. Your property manager will qualify and screen prospective tenants to find you a quality tenant. Your property manager will handle maintenance 24/7. Your property manager will take legal action if necessary. All the while, you can sit back and actually enjoy the income off of your income property.
About the Wilmington, NC area
Introduction to Wilmington, North Carolina
Wilmington is located between the Cape Fear River and the Atlantic Ocean in Hanover County. The city contains a large seaport and is home to the USS North Carolina Battleship Memorial. It features a prominent historic district and is close to superb beaches. The city was the childhood residence of basketball star Michael Jordan.
The area was established during the 1720’s by English settlers. In 1739 the city was incorporated. Lumber produced from the nearby forest as well as naval stores were major factors for the economy during the 18th and 19th Centuries. During the Civil War, the local port was a primary base for Confederate blockade runners. The city was named in tribute to Spencer Compton who was the Earl of Wilmington and held the position of Primer Minister during the reign of George II.
USS North Carolina Battleship Memorial.
Cape Fear Museum.
Bellamy Mansion features antebellum architecture.
Airlie Gardens incudes lakes and the Historic Airlie Oak.
The Cape Fear Serpentarium features a vast number of snakes from all over the world.
Latimer House Museum.
Wilmington Railroad Museum.
North Carolina Aquarium at Fort Fisher.
Sunset Park Historic District.
Thalian Hall Center for the Performing Arts.
Cultural Arts Building at the University of North Carolina at Wilmington contains a music recital hall, two theaters as well as an art gallery.
The EUE Screen Gems Studio offers tours to the public.
Wilmington Symphony Orchestra.
Wilmington Exchange Festival.
North Carolina Jazz Festival is host to world famous jazz musicians.
Ghost Walk of Old Wilmington.
The city is home to the University of North Carolina at Wilmington and the Cape Fear Community College.
About the Carolina Beach, NC area
Overview of Carolina Beach, North Carolina
Carolina Beach, NC is located 14 miles SE of Wilmington, North Carolina (center to center). The town is part of New Hanover County. The population of Carolina Beach is 5,883. The beach is quiet and peaceful and not crowded… yet! During your stay in Carolina Beach, you can visit the Carolina
Beach State Park and stay in one of the many vacation rentals or hotels on the Island. You can also enjoy fishing and boating in the Ocean or at the North End. If you are searching for nightlife – you won’t be disappointed! Just to name a few, The Fat Pelican, High Tide Lounge, and The Lazy Pirate are sure to keep you entertained! The town also has several houses of worship including the First Baptist Church of CB, CB Presbyterian Church. Seaside Chapel, and St. Paul’s United Methodist Church. From fresh seafood to a burger at the Ocean Grille and Tiki Bar, you are sure to enjoy your time at Carolina Beach!
#1 “N.C’s Most Overlooked Beaches” – Travel Channel, 2014
#8 “Best Boardwalks for Food Across the USA” – USA Today, 2013
#11 “America’s 25 Best Donuts” – The Daily Meal, 2014
#16 “America’s Most Awesome Boardwalks” – CNN & FOX News, 2013
#6 “Classic Beach Boardwalks” – Huffington Post, 2013
Carolina Beach History
Established in 1857, a man named Joseph Winner planned the streets and lots for the 50 acres of land on the island. At that time, the only way to access the island was by water and the town was called St. Joseph’s. The town was renamed and incorporated in 1925. There is now a high-rise bridge that was built over Snow’s Cut, connecting the mainland and the island which was constructed in 1962. A fun fact is that Carolina Beach is home of Chicken Hicks who is given credit for developing the Shag dance and making it popular. The town underwent a major transformation in the 1990s and is about to undergo a renovation of the town’s boardwalk, beginning in Fall of 2014.
Carolina Beach and nearby Attractions
About the Kure Beach, NC area
Overview of Kure Beach, North Carolina
Kure Beach, NC is located only 3 miles south of Carolina Beach, North Carolina (center to center), basically merging together. The town is part of New Hanover County. The population of Kure Beach is 2,063. Kure Beach is sometimes referred to as a “sleepy beach town” that is growing in popularity and price! While there is a permanent population of approximately 1,500 residents, the town still functions like any normal town with municipal services and fire protection. The town features a few restaurants, but no commercial entertainment… it’s the perfect place to get-away … or stay if you love the slow pace of life! Kure Beach doesn’t have the option to expand as it is completely surrounded with the Fort Fisher State Recreation Area and Historic Site, US Government owns the west side, Carolina Beach borders the north, and of course the beautiful Atlantic Ocean forms the east border.
#9 “N.C’s Most Overlooked Beaches” – Travel Channel, 2014
Oldest Fishing Pier in NC – Kure Beach Fishing Pier
Kure Beach History
The town began development in the 1870s by Hans Anderson Kure from Denmark. However, the town was not incorporated until 1947. Kure Beach is majorly residential with modest cottages and some newer upscale houses. There are very few tall buildings in Kure Beach and new buildings may not exceed 35 feet in height. Since the lat 1940s, the town has remained residential. Kure Beach holds a rich history as home to historic Fort Fisher – a confederate fort during the American Civil War.
Kure Beach and nearby Attractions
Fort Fisher State Recreation Park
Kure Beach Fishing Pier
Ferry Ride to Southport, NC
Ocean Front Park
Pleasure Island Safari
Kure Beach Surf Camp