Just this week, as I have many times before, I had an initial consultation with an experienced real estate investor who had found a partner to help him to expand his real estate investing business a year or two ago, and is now in a costly and time consuming...
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The Tortoise and the Hare in Real Estate Investing
In over twenty years of working with real estate investors, and being personally involved in real estate investing for even longer, I have had the opportunity to weigh the advantages and disadvantages of different types of real estate investing. That review...
Recent Developments Regarding Allegheny County Property Tax Appeals
By the time you are reading this, the new window for 2013 property tax appeals will have closed on April first. However, the resolution by Allegheny County Council opening 2013 appeals again in March was not the only significant development in the ongoing...
Where Are You Going as a Real Estate Investor This Year?
Now that we can close the door on 2012, as we start preparing information regarding our real estate investing activities for our 2012 tax returns, it’s a perfect time to look a little harder at that information and see how we are doing and where we should be...
Magisterial District Court Landlord/Tenant Dockets Now Available Online
For years, I have been showing landlords how to search the Pennsylvania Unified Judicial System web portal for free and detailed information about potential tenants’ criminal records, traffic citations and more. The one glaring absence in the online information...
The Fiscal Cliff, 2013 Taxes, and You
Now that the election is over, and TV and radio are not filled with nonstop political ads, and the end of the year fiscal cliff draws near, how is the divided congress going to work with a second term president to reduce the deficit? How will their action or...
PA Historic Preservation Incentive Act to Spur Renovation of Historic Structures
When Governor Corbett signed House Bill 761 on July 2, 2012, the Historic Preservation Incentive Act, which was part of a larger Bill that provided amendments to the Tax Reform Code of 1971, became law. (Pa. Pub. Law. No. 751, Act No. 85, Art. No. XVII-H (July...
Pennsylvania Finally Passes Act 129 Law on Abandoned Tenant Property
For many years, landlords (and tenants) in Pennsylvania have faced uncertainty on their respective legal rights to personal property of tenants left behind in rental properties. How long did a landlord have to hold onto tenant possessions left in the rental...
Finding and Trusting Real Estate Mentors and Professionals
This week, two clients came in with problems which caused me to choose the topic for this article. The first was early in the week, when I had a consultation with a client who had loaned money to a Pittsburgh based wealth building coach. The client hadn’t...
The Risks and Rewards of Tax Sale, Foreclosure and Short Sale Investing
Just last week, after over a year waiting for a second decision from the Pennsylvania Superior Court, I was able to let my client know that we “won” his lawsuit, and he will be able to keep the $180,000.00 property he bought at a Sheriff’s sale for just...