By Attorney William Bronchick Here it is, the official, “Top 10 Ways to Get Sued” – guaranteed! In this post we will cover the 1st 5 Ways to Get Sued and in Part 2 to be posted in a couple of days, we will cover 5 more ways! 1. Do Business in Your Own Name. […]
Continue readingby Attorney William Bronchick Should I use cash or credit? ARM loan or fixed rate? Ten percent down or twenty percent? Should I pay down debt or keep a cash reserve? These are all good questions, and here are some of the answers… Cash vs. Credit: The Concept of Leverage In order to understand real estate […]
Continue readingby 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 […]
Continue readingby 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 readingBy 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 readingby 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 readingby 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 readingby 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 readingby 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 readingby 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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