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 […]

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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 […]

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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 […]

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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 […]

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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 […]

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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 […]

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Are Real Estate Seminars Worth the Money?

[et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”3.0.93″][et_pb_row admin_label=”row” _builder_version=”3.0.93″ background_size=”initial” background_position=”top_left” background_repeat=”repeat”][et_pb_column type=”4_4″ _builder_version=”3.0.47″ parallax=”off” parallax_method=”on”][et_pb_text _builder_version=”3.0.93″ text_font_size=”16px” background_size=”initial” background_position=”top_left” background_repeat=”repeat”] By Attorney William Bronchick If you read the news media, you’ll see that there’s a proliferation of new real estate gurus and seminars coming around to feed the endless demand for real estate these days. I have counted […]

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Food for Thought When Partnering or Joint Venturing

[et_pb_section bb_built=”1″ admin_label=”section”][et_pb_row admin_label=”row” background_position=”top_left” background_repeat=”repeat” background_size=”initial”][et_pb_column type=”4_4″][et_pb_text background_position=”top_left” background_repeat=”repeat” background_size=”initial” _builder_version=”3.0.93″ background_layout=”light”] By William Bronchick, Esq.   While everything that you have read or heard is vitally important to your success in partnerships, here are some of the takeaways that are especially critical. Don’t let fear get in the way of exploring potential partnership […]

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Real Estate Contract Earnest Money

by William Bronchick A buyer will usually put up earnest money to bind the contract and show that he is a serious buyer.  Most sellers ask for the earnest money deposit because they are afraid of tying up the property and rejecting other potential buyers. How Much is Necessary? No specific amount of earnest money […]

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