In Pennsylvania, using the 50% rule for estimating the potential cash flow of rental properties can help investors avoid the common pitfall of overestimating profits and underestimating expenses. Applying the rule provides a quick foundation for additional research,...
A closer look at real estate wholesaling and who benefits from it
Many types of companies operate throughout Pennsylvania. Some people or businesses operate as wholesalers, meaning they typically buy more than one of something. Then, wholesalers sell purchased items to their clientele in large quantities while making a profit. What...
Tips for buying a house in 2023
Before looking at Pennsylvania homes to buy, you need to check your financial situation. The first step in the home-buying process should include a talk with a mortgage loan originator at your local bank or credit union. Secure your financing Unless you plan on making...
The purpose and function of real estate agents
While online home shopping is a trend that is unlikely to abate anytime soon, most property purchasers in Pennsylvania will enlist the help of a realtor when it comes time to actually close the deal. The best way to ensure a smooth experience when hiring a real estate...
What is the escrow process in Pennsylvania?
Escrow is a necessary process of buying rental property in Pennsylvania. It starts when the seller accepts a buyer's offer. In Pennsylvania, escrow typically takes 30–90 days, depending on whether issues arise during the process. Open an account Real estate law...
Real estate wholesaling
Real estate has long been seen as a strong investment and hedge against inflation, in Pennsylvania and across the U.S. A specific real estate business strategy is real estate wholesaling. This involves entering into a contract to purchase a home and then selling that...
Earning profits from real estate strategies
Many people already earn profits from real estate investing. Homeowners own properties that increase in value over time and can be resold at a higher price than what they paid. The most popular trend is to invest in commercial real estate businesses. For investors in...
Property liens and home buying
A home may stand out to a buyer who decides to purchase it. Things might hit a stumbling block upon discovering concerning problems with the property. A leaky roof or other repair-related issues may not be too challenging, but what happens when a Pennsylvania home has...
Critical factors to consider when buying land
If you're about to buy land in Pennsylvania, it's understandable to have some questions. Considering the cost of land, it's imperative to make sure you're making a smart purchase. Fortunately, doing this becomes easier after learning a few important factors to think...
Attorney Robert Kidwell to be Panelist at Short-Term Rental Conference
Attorney Bob Kidwell will be on a panel discussing the most recent Pennsylvania cases on short-term rentals and their potential impact on Pocono vacation homes and residential neighborhoods. The Short-Term Rental Summit will be held at the Chateau Resort in...