Business Advice – Page 2 – William Bronchick

A 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 […]

You Have to SELL a House to Get it Sold

by Attorney William Bronchick Whether the market is slowing and investors are drowning in house payments or it’s a HOT real estate market, you want to sell your property as quickly and for as much money as possible. But, is there something you can do about it? Certainly dropping the price until you get it […]

How to Be an Ethical Real Estate Investor

(You Don’t Have to be a Slimeball to Get Rich!) by Attorney William Bronchick Many people have a very 19th-century view of real estate investors. They think that we are modern-day “robber barons” who prey upon distressed or ignorant people, take advantage of them, and laugh all the way to the bank. The truly sad […]

Has TV Changed Real Estate Investing?

By Attorney William Bronchick If you take a look through the television stations on almost any given day there is a television show somewhere that features home improvement, real estate investing, or some sort of combination of the two. From shows that teach people how to sell homes that have lackluster reviews to shows that […]

The Mortgage Elimination Scam

by Attorney William Bronchick The mortgage elimination scam has been sweeping the country. You’ve seen the emails: “Legally eliminate your mortgage!!” Can this possibly be true? Well, I’ve read the claims and researched the law and here’s what I came up with. The Claim The claim is that you can legally eliminate your mortgage based […]

Which Real Estate Gurus are Scams and Which are Legit?

By William Bronchick “Which real estate gurus are scams and which are legit?” This is a question I often get, and rather than publicly decry others, I humbly bite my tongue. It’s a hard thing to do when you see scammers and phonies, but my mother always told me if you have nothing nice to […]

Important Basics of the Real Estate Contract

by Attorney William Bronchick The real estate contract is the most often used, yet little-understood tool in the real estate business. Whether you are a rank beginner or seasoned expert, there is no excuse for not knowing and understanding the real estate contract. Real estate contracts are based on common law contract principles, so it […]

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 […]

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: […]

Category Archives for Business Advice