All posts by Attorney William Bronchick

7 Reasons to Use Land Trusts

Trusts

You wouldn’t walk around with a financial statement taped to your back, would you?  Then why are you holding title to your real estate in your own name?  Whether it’s your personal residence or your rental properties, you are a “sitting duck” for disgruntled tenants, ex-employees, ex-spouses, the IRS and their attorneys.  Real estate is […]

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How Would You Like to be Part of an Elite Group?

William Bronchick

If you aren’t getting the financial results you want, it’s time to try something new. Working harder with the wrong formula won’t get you better results. Don’t work harder, work smarter! Traditional investing is hard and slow. Fortunately, there is a better way:   Join my “Invitation Only” Creative Real Estate Financing group on Facebook […]

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Retaining Tenants

What tenant wouldn’t love the allure of high-speed Internet and a computer of their very own? This is one of many incentives that investors and property owners are offering in order to retain or reward long term tenants. There are other rewards that are just as effective and cost property owners a little less in […]

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Lease/Option vs Contract for Deed

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 between a lease option vs contract for deed. Lease Options First, let’s start with the lease option, which is […]

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Real Estate Dealer Tax

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 gains, exchange rules and installment sales rules apply for properties held for “productive use.” I.R.C. §1234. If […]

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How Would You Like to be Part of an Elite Group?

William Bronchick

If you aren’t getting the financial results you want, it’s time to try something new. Working harder with the wrong formula won’t get you better results. Don’t work harder, work smarter! Traditional investing is hard and slow. Fortunately, there is a better way:   Join my “Invitation Only” Creative Real Estate Financing group on Facebook […]

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Lease/Options & the Equitable Interest

I get a lot of emails and calls from people concerned about selling a property by lease with option because of the fear of the “equitable interest”. What does this mean and how big of a danger is it? Before we discuss the equitable interest, we need to discuss the basic owner–financed sale. When you […]

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How to TRIPLE Your Success Rate on Foreclosure Deals

Calling foreclosure leads, knocking doors, and mailing letters, but no success? That’s because your angle is all wrong.  Instead of offering to BUY the person’s house, try to gain trust and rapport with the seller.  In other words, instead of coming on hard, try a “soft sell”. Offer to explain the process to the person […]

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$100 Nets $20,000 in Six Months

The headline is absolutely true! I made $20,000 cash in 6 months on one real estate deal with $100 down, no risk, no bank qualifying, no brokers, no risk and no liability. I have done (and I continue to do) many deals just like this one and so you can you! We’ve all seen those “gurus” […]

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How Would You Like to be Part of an Elite Group?

William Bronchick

If you aren’t getting the financial results you want, it’s time to try something new. Working harder with the wrong formula won’t get you better results. Don’t work harder, work smarter! Traditional investing is hard and slow. Fortunately, there is a better way: Join my “Invitation Only” Creative Real Estate Financing group on Facebook And, Best of All- […]

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