Wilson vs Nearby Cities
Wilson offers one of the most affordable real estate markets in central North Carolina. While the median listing price in Raleigh is known to hit $300,000 or even a bit higher at times, the median listing price in Wilson is often below $150,000. It’s common for buyers to pay less than $100 per square foot on average, and rental prices are lower than in Raleigh as well. Nearby cities like Goldsboro and Greenville also feature median listing prices below $200,000 much of the time, making this area a safe haven for buyers with a limited housing budget. There are also some cities where bargain prices are the norm. For instance, the median listing price is often around $100,000 in Rocky Mount.
Wilson Property Managers
An experienced property manager can operate alone or alongside a trusted assistant. The manager’s job is to oversee the maintenance of rental units over time so that they remain profitable businesses for the property owner. This may involve collecting rent, hiring and supervising reputable contractors, screening prospective tenants and authorizing repairs as needed.
Wilson Property Management Company Fees
Most property managers are paid a percentage of the rent collected from all units included in the management contract. They may also ask for a vacancy fee or a leasing fee, which covers their time marketing and screening potential tenants for empty units.
North Carolina Landlord/Tenant Laws
- Once a tenant is at least five days late paying their rent, the landlord may charge a late fee of $15 or five percent of the monthly rental rate, whichever is greater.
- It is illegal for North Carolina landlords to increase the rental rate in a manner that discriminates against a certain race, gender or another protected group.