Mortgage Fraud Task Force Hits Real Estate Investors Close to Home

By Bradley S. Dornish, Esq.

Beaver Financial Services was for several years a vendor member of Acre of Pittsburgh, and several of its loan officers attended meetings each month, in their light blue shirts with beavers on them, offering to help investors obtain bank financing. The company never joined Acre of Beaver County, but helped several members there with financing as well.

Not long ago, these familiar faces disappeared from the Acre meetings. Recently, several  real estate investors who formerly did business with Beaver Financial as buyers and sellers of properties, an attorney as well as at least one Beaver Financial loan officer, have been in various stages of criminal prosecution Click here to read more »

Collection of Bad Checks

By Bradley S. Dornish, Esq.

The expressions “bouncing a check” or “writing a bad check” are popular in today’s society.  The question arises though: what do they really mean and what can you do if someone issues you a bad check? In Pennsylvania, bouncing a check occurs when a person “…issues or passes a check or similar sight order for the payment of money, knowing that it will not be honored by the drawee.” Click here to read more »

EPA Delays Enforcement of Certification for Lead Safe Renovation, Repair and Painting

By Bradley S. Dornish, Esq.

If you have not yet taken the EPA approved RRP contractor certification class, and have work to do on your pre-1978 properties, you have a little breathing room. The EPA announced Friday, June 18th that it is postponing the enforcement Click here to read more »

What Should the Landlord Do if the Tenant Abandons the Premises

By Bradley S. Dornish, Esq.

A. Termination of Leaseholds Generally

A Landlord can terminate a leasehold for any one of three reasons: (1) the term for which the property was rented is over; (2) the Tenant is behind in rent; or (3) the Tenant has breached (broken) some clause of the lease agreement. The Landlord needs no reason to evict a Tenant if the Landlord gives the Tenant proper notice that the Landlord wants the property back at the end of the lease term. Click here to read more »

Seven Things You Need to Know Before You Buy Rental Property — Thing Seven: The Return on Your Investment

By Bradley S. Dornish, Esq.

I have saved the most important thing to know about a rental property before you buy it, THE RETURN ON YOUR INVESTMENT, for the last in this series of articles. After all, we call ourselves real estate investors because we buy and operate real estate as an investment. We expect to benefit short term from cash flow and tax benefits, long term from appreciation and even better cash flow when we eliminate mortgage debt service. Click here to read more »