Tips and Advice

Information and advice about how to succeed in any aspect of real estate, whether you're a buyer, seller, or investor.

Real Estate Resources


Lease Agreement document on a desk in an office with a view overlooking the Philadelphia skyline.
By Kirk Waechter 28 Dec, 2023
Landlords, protect your investment with our essential tips for drafting and managing lease agreements. Get expert help to create leases that safeguard your interests and maintain healthy tenant relations.
Businessman performing tenant screening in a highrise office overlooking the Philadelphia skyline.
By Kirk Waechter 19 Dec, 2023
Landlords, learn the keys to effective tenant screening with our expert guide. Find reliable renters with our proven background checks, financial reviews, and interview techniques.
Property maintenance in Philadelphia
By Kirk Waechter 07 Dec, 2023
Landlords, discover cost-effective property maintenance tips to keep your investment in top condition without overspending. Learn how strategic planning and smart investments can save you money.
Philadelphia landlord attempting to collect past due rent
By Kirk Waechter 28 Nov, 2023
Discover effective rent collection strategies to handle delinquent payments. Our latest landlord guide provides tips and professional support for maintaining steady rental income.
Gavel resting atop a stack of legal papers. Nighttime view of Philadelphia skyline in background.
By Kirk Waechter 22 Nov, 2023
Landlords in Philadelphia, learn how to navigate the eviction process with our comprehensive guide. Expert tips on legal rights, court proceedings, and professional property management support.
By Kirk Waechter 13 Jun, 2023
If you’ve fallen behind on your mortgage payments, your lender may file a foreclosure action. But, don’t despair, there are several steps you can take to avoid foreclosure and possibly save your home.
Prosperity REIS helps with short sales
By Kirk Waechter 28 Mar, 2023
Short sales are often considered an alternative to foreclosure, which is when the lender takes possession of the property after the homeowner fails to make mortgage payments.
Prosperity REIS can help with 1031 Exchange
By Kirk Waechter 17 Mar, 2023
A 1031 Exchange, or a Like-Kind Exchange, is a method of deferring capital gains taxes on the sale of property by reinvesting the proceeds into a similar property. This has become a popular strategy for savvy real estate investors to reduce taxes and acquire more valuable properties.
Prosperity REIS helps with cost segregation
By Kirk Waechter 07 Mar, 2023
Cost segregation in real estate is a tax strategy that can be used to maximize deductions and reduce tax liability. It involves breaking down the cost of a property into its component parts and assigning them shorter depreciation lives and higher depreciation rates.
key and keychain beside toy house on table
By Kirk Waechter 02 Mar, 2023
Mortgages are one of the most common ways to finance a home purchase. With so many different types of mortgages available, it can be difficult to understand the differences and figure out which type is best for you.
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