William Bronchick – Page 5 – William Bronchick

Marketing to Find Motivated Sellers

By Frank Pulley and Bill Bronchick Marketing to find motivated sellers is the lifeblood of your business. Marketing can be compared to oxygen to the human body-it’s essential for your body’s life, and marketing is essential for the life of your business. It doesn’t matter how much knowledge you have, without marketing in one shape […]

All About Owner Financing Mechanics

by William Bronchick, Esq. To sell a house quickly, it must be attractive and so should the terms. By fixing your home to present it in the best light and offering flexible terms as well, you have in fact given your buyer an “offer they can’t refuse.” When offering your house for an all-cash purchase […]

A Quick Understanding of Loan Terms

by Attorney William Bronchick When considering an investment property loan from an institutional lender, you need to consider many of the variables involved in the loan terms being offered. Interest Rate The cost of borrowing money, i.e., the interest rate, is one of the most important factors. Interest rates affect monthly payments, which in turn […]

Lease Option vs Contract for Deed

by Attorney William Bronchick Many investors are generally familiar with the concepts lease option and contract for deed (aka “installment land contract”). Many investors confuse the two, and this article will help you understand the tax, legal, and practical issues between a lease option vs contract for deed. Lease Options First, let’s start with the […]

Time, Money, and Sweat – What Will Rehabbing That House REALLY Cost You?

by Attorney William Bronchick It takes more than home improvement know-how to make the big bucks in rehab properties. In order to be a successful investor, you need to know what needs to be repaired – in addition to knowing how to do it. You also need to know how to work with others. Even […]

Tips for Buying at the Foreclosure Auction

by Attorney William Bronchick Perhaps the most well-known method of obtaining foreclosure properties is buying them at the auction. The foreclosure auction is a live bidding process, just as you may have imagined. The auction is typically conducted at a public place, such as a courthouse or even at the property itself. In some states, the […]

A Few Important Tips for Flipping Properties

By William Bronchick, Esq. I am often asked by investors that look at the complications and all of the steps it takes to fix and flip a house; what I would consider the most important items one should take into considerations when rehabbing a property. I have boiled it down to just 5 critical items: […]

The IRA LLC for Real Estate Investing: Using Checkbook Control

by William Bronchick, Esq. By now I am sure you’ve heard that it is legal, permissible, and profitable to invest in real estate using your self-directed IRA, SEP, or Roth IRA. If you’ve been using this technique, you know the drawbacks – delays in funding, fees from your custodian, potential lawsuits against your IRA. Well, […]

A Few Important Lease/Option Tips & Strategies

by Attorney William Bronchick Lease/Options can be fun and profitable, but there are certain pitfalls. The following are some practical, legal and tax tips I have learned from doing many lease/options deals over the years. Protecting Your Option Lease/options are great, except when the seller decides not to live up to his end of the […]

The Risks of Buying Real Estate in Emerging Markets

by William Bronchick Buying real estate in emerging markets became all the range when investors couldn’t find deals in their backyard anymore. Between 2004 and 2007, real estate investors, hungry for break-even or positive cash flow rental properties, purchased income property out of state. California investors bought houses in Florida, Texas, and Oklahoma. Florida investors […]

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