All posts by William Bronchick
“Defensive” Investing… Know Your Market Before You Proceed
By Attorney William Bronchick The most common myth in real estate in that you can only make profits when the real estate market is rising. While it is true that more people make money in rising markets than falling markets, the reason is often luck, not good market timing. Armed with the right knowledge, you […]
Continue readingThe Delaware Series LLC for Real Estate Investors
by Attorney William Bronchick The Delaware series LLC is a form of a limited liability company that provides liability protection across multiple “series”, each of which is theoretically protected from liabilities arising from the other series. It is similar to a parent/subsidiary structure, such as GM and it’s various brands. For example, you could […]
Continue readingAbout Equity Sharing & Partnerships
By William Bronchick, ESQ. If you are low on cash or have cash and are low on time, a partnership or equity-sharing arrangement may be for you. Using partners to finance real estate transaction is the classic form of using “OPM” (other people’s money). Experienced investors are always willing to put up money to be […]
Continue readingFast Cash in Real Estate in the Next 4 Weeks? Yes It Is Possible!
by Attorney William Bronchick The most common question I get is, “How do I make cash right now in real estate? Oh, and by the way, I have no money to put down and my credit is horrible!” Ok, not impossible, but it will take hard work, dedication, and learning a few tricks I have […]
Continue readingLandlord Legal Issues
by Attorney William Bronchick As a landlord, you should be aware of some of the legal issues related to leasing properties. Here are a few of them: LEAD-BASED PAINT DISCLOSURE Federal law requires that the lessor (landlord) of any rental property constructed before 1978 disclose the presence of any lead-based paint or hazards known by […]
Continue reading10 Easy Ways to Spruce Up Your Rental or Rehab
by Attorney William Bronchick It’s easy to fix up your properties if you have unlimited cash. However, you need to keep your repairs to a minimum to stay profitable. You also need to keep your properties in good shape to attract tenants or buyers. It also has a lot to do with your knowledge of how […]
Continue readingHow to Make Cash FAST in Real Estate in the Next 30 Days
by Attorney William Bronchick The most common question I get is, “How do I make cash right now in real estate? Oh, and by the way, I have no money to put down and my credit is horrible!” Ok, not impossible, but it will take hard work, dedication, and learning a few tricks I have […]
Continue readingMaster Lease Option for Apartment Building Strategy
by William Bronchick Why buy an apartment building when you can RENT one? If you are buying an apartment building with the intent of improving and flipping it within a few years, the Master Lease Option for Apartment Building Strategy may be the way to go. Instead of going under contract, raising the down payment […]
Continue readingHow to Save Up to 90% on Title Insurance
by Attorney William Bronchick If you have ever bought or sold real estate, you have probably paid for title insurance. What exactly is title insurance? Why do we need it? How can I save money on title insurance? These are common questions asked by real estate investors, both rehabbers, and landlords. Whenever title passes, the […]
Continue readingA House Is its Own Best “Comp”
by Attorney William Bronchick An appraisal is a certification by a licensed professional that a house is worth a certain amount based on comparable sales. It is, however, an opinion of value based on one person’s analysis and experience. The actual “market value” is the amount a buyer is willing to pay and for which […]
Continue reading