Business Advice – William Bronchick

Should I Hire a Property Manager?

By William Bronchick Let’s say through savvy investing, you have managed to accumulate a portfolio of properties. It doesn’t matter if it’s a large or small portfolio. You may have even tried to self- manage them yourself. Now as you procure more properties you may find you may not be as organized as you once […]

Real Estate Dealer Tax

by Attorney William Bronchick Many people buy and flip properties in their own name, particularly when getting started. The danger here is that the income earned from these activities could be subject to unwanted taxes, particular the real estate dealer tax. Capital gains, exchange rules and installment sales rules apply for properties held for “productive […]

Creating a Professional Voicemail Message That Gets Responses!

By William Bronchick & Frank Pulley In this day and age of emails, texts, and social media, the telephone is still used frequently to communicate, especially in business. The fact is that many of us have either eliminated or reduced the numbers of “landlines” we have had with the advent of cell phones, especially “smartphones.” […]

Estate Planning for Real Estate Investors

by Attorney William Bronchick Estate planning for real estate investors involves distributing your assets after death to such people or causes according to your wish with minimum legal complications and the least tax incidence. And estate planning is not just for the wealthy; nor is it something to be contemplated when you reach the ripe old […]

The Right Steps to Getting a Hard Money Loan

by William Bronchick, Esq. So, you just got that great bank-owned property under contract and now you need a loan to buy, fix and flip. You went to three hard money lenders and they turned you down. Why? Because you STINK at selling your deal. That’s right, you need to learn how to SELL your […]

Improve Your Property’s Curb Appeal and Sell it Fast!

by William Bronchick & Frank Pulley They say that 1st impressions are lasting impressions. By improving a house exterior you can attract buyers to look inside, where hopefully you have also done other great improvements! Exterior improvements can add not only curb appeal but can add to your bottom line by commanding a higher selling […]

Seven Flipping Faux Pas You Must Avoid

By William Bronchick, ESQ When it comes to making money in the business of flipping houses and other real estate investments you will find all kinds of do’s and don’ts along the way. The truth of the matter is that these are extremely useful whether this is your first house flip or you have been […]

7 Great Tips for Getting Your Real Estate Offer Accepted

By William Bronchick & Frank Pulley Let’s face it, it’s a tight market out there! In most parts of the country, the real estate market has changed over the last couple of years from a buyer’s market to a strong seller’s market. The positive side of this is; whether you are an owner occupant or […]

The 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 […]

Master 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 […]

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