All posts by Attorney William Bronchick

Building a Real Estate Team

I didn’t understand the concept of a real estate team at first, so I had a hard time with real estate investment. I tended to be a “lone wolf,” trying to do too much myself. I have since learned that in real estate, you need a team of people you can trust and rely on. […]

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What To Look For In Foreclosures

Foreclosure investing can be difficult if you are not sure what to look for in bank-owned homes. There are certain learned skills that come with consistent investment in foreclosures. Let’s take a glance at what a trained foreclosure investor’s eye looks for when seeking out the best home for his or her buck. Location Just […]

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LLC Taxed as S Corporation

Should You Convert YourSingle Member LLC to an S corp? The LLC taxed as S corporation – good idea or bad? By default, a single-member LLC is classified for tax purposes as a “disregarded” entity, that is, the entity is ignored by the IRS and the sole member is the taxpayer. Thus, an individual as […]

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Beginner’s Guide: Scams to Avoid in Real Estate Investing by William Bronchick

For beginners, real estate investing is never a walk in the park. It has a lot of risks. There are numerous companies that sell property investments for novices but the question would strike you with the trust that they impose. This is a beginner’s investment guide for one to realize the things that he or […]

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Basics of the Real Estate Contract

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 is important that you […]

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12 Tips on Setting your financial goals Part Two

I bet you wrote down your goals on January 1st this year.  Is that all?  Did you re-think them this month and write it down again?  If you don’t know what your goals are, how are you going to measure whether you’ve reached them?  And, I would bet that if you didn’t write them down […]

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12 Tips on Setting your financial goals Part One

I bet you wrote down your goals on January 1st this year.  Is that all?  Did you re-think them this month and write it down again?  If you don’t know what your goals are, how are you going to measure whether you’ve reached them?  And, I would bet that if you didn’t write them down […]

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Real Estate is a Team Sport!

 Real Estate is a Team Sport! Most people are content with waking up at 7:00 in the morning, slaving away at work, getting home at 7:00 at night, watching a few hours of TV, going to sleep, and doing the whole thing over again the next day. It’s pretty depressing when you think about it! […]

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Zero in on motivated sellers

When investing in real estate, you want to focus your efforts on motivated sellers. This is true especially if you are just starting out. and dealing with motivated sellers makes the process go even faster, which means cash in your pocket sooner rather than later.   Motivated sellers are people who MUST sell their homes. […]

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