Be a Smart Investor… Do the Math

Be a Smart Investor… Do the Math

by 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...
Lease Option vs Contract for Deed

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...

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...

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,...
A Few Important Tips for Flipping Properties

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...
The IRA LLC for Real Estate Investing: Using Checkbook Control

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...
A Few  Important Lease/Option Tips & Strategies

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...
About Equity Sharing & Partnerships

About Equity Sharing & Partnerships

By 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...
The Risks of Buying Real Estate in Emerging Markets

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...