Looking for advise on rental properties in Pennsylvania
I’m looking to get started buying rental properties in Pennsylvania while I live in New York. I need advise on landlord laws and where a good place to invest would be.
Thanks in advance for all the info you wish to share with me.
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In Pennsylvania, most "landlord" laws are the same with the exception of Philadelphia and Pittsburgh/Alleghany County. Due to their special status, they tend to have a different set of rules than rest of the state. Nothing too crazy but something to keep in mind.
In terms of where to invest, it depends on your goals and location. Lots of folks from NY invest in Philadelphia, Allentown/Lehigh Valley, Wilkes-Barre/Scranton, and Poconos area due to the driving distance. All different markets with their own pros and cons.
Disclaimer: While I’m an attorney licensed to practice in PA, I’m not your attorney. What I wrote above does not create an attorney/client relationship between us. I wrote the above for informational purposes. Do not rely on it for legal advice. Always consult with your attorney before you rely on the above information.