William Bronchick – Page 4 – William Bronchick

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 […]

8 Tips for Dealing with Real Estate Agents

by Attorney William Bronchick Real estate agents have a valuable source of potential deals for the real estate investor – the Multiple Listing Service. Unfortunately, real estate agents have a monopoly on this information in many parts of the country, so they may be a necessary part of an investor’s game plan. Dealing with real […]

Do You Need a License to Wholesale Properties?

by Attorney William Bronchick You buy a property, you wholesale it, you profit. Do you need a license to wholesale properties? In most cases, the answer is “no”. Real estate brokerage is an activity regulated by states on their own terms, thus each state defines which activities require a license. There is a lot of vagueness and […]

5 Truths About Buying Fixer Uppers Below Market Value

by William Bronchick & Frank Pulley Buying homes today for investment can be a challenging undertaking. Because of current demand from today’s buyers, a more robust economy and appreciating real estate prices in many areas, it’s easier to sell a property than it was a few years ago- if it’s priced competitively. The challenge now […]

Picking the Right Fixer Upper to Rehab

by William Bronchick, Esq. A Fixer Upper business venture could very well be your way out of the 9-5 day job. Not only does it hold the possibility of earning more, it also gives you a good opportunity to manage your own time and meet new people. It can help you realize your hopes […]

Are You a Victim of Procrastination in Your Real Estate Business?

By William Bronchick. Esq. Let’s face it. Even the most ambitious of us sometimes faces the procrastination “demon” from time to time. Call it “Spring Fever”, “Summer Malaise”, The Winter Doldrums” or any other name- it’s all the same. For most of us, it’s a temporary state and sometimes indicates that we need to slow […]

7 Flipping Faux Pas to 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 […]

Avoiding Real Estate Scams by William Bronchick

[et_pb_section admin_label=”section”] [et_pb_row admin_label=”row”] [et_pb_column type=”4_4″] [et_pb_text admin_label=”Text”] There are lots of real estate scams out there you have to be aware of. Don’t get caught in one. 1. The Wholesale Scam. Investors prey on newbies with so-called “wholesale” deals that aren’t wholesale at all. They give unreliable or inaccurate information to bolster their inaccurate values […]

Category Archives for William Bronchick