All posts by Attorney William Bronchick

The Art and Science of Evaluating a Property Value

To evaluate a property, some people look at appraisals, others look at the tax assessor’s value, and others say that a house is worth what someone will pay for it. Further confusing the issue, we can look at the income the property generates or the insurance replacement value. In some cases, the land is worth […]

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Estimating Repairs in Real Estate Investing

Novice investors often delude themselves about the necessary rehab costs estimating repairs when Real Estate Investing. The following story illustrates how investors should approach estimating a rehab project. Legend has it that Tiger Woods was playing golf in a tournament with the late Payne Stewart, another great golfer. They were tied at even par. On […]

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Fix and Flip 101

Flipping

If you have considered fixing up a property with the intent to sell instead of holding it as a rental, then here are some tips to make a nice profit on the properties you are considering investing in, fixing up and reselling. There are two sides to this equation, the buying side and the selling side. […]

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Working Smarter Not Harder!

As a new investor, you may feel that you are working hard. You may, in fact, be spending a lot of time working  With all this hard work you would expect some great results in the form of deals, right? You are asking yourself, “Why isn’t my business moving ahead a lot better?” or “How […]

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10 Tips on Decision Making in Your Real Estate Business

In the real estate investor’s world, and especially in the tight real estate markets that many of us are currently experiencing, it’s critical to be able to make quick, yet solid decisions. Some seem to have this gift and some don’t. If you don’t have this ability, unfortunately you may tend to lose out on deals as others […]

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Real Estate Buy and Hold vs Buy and Flip

Real Estate Investor Question: Rehab and Sell, or Rehab and Keep?Here’s a awesome question I received from my one of my mentoring students: Why bother keeping property after it’s rehabbed? Why not sell it after the rehab and GET PAID! Of course, the first questions that you must answer is how emergent is your need for […]

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7 Ways to Find Real Estate Deals

Marketing is the key to success in real estate, you’ve heard it before, but I’ll say it again.  All of the techniques you learn are academic until you find some motivated sellers.  Here’s 7 ways to find real estate deals that are not the usual MLS listing, auctions, etc. 1. Mailers.   Mailing letters, postcards and fake […]

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Adjustable Rate Mortgages for Real Estate Investors

Adjustable rate mortgages for real estate investors

An adjustable rate mortgage, commonly referred to as an ARM, is a mortgage where the interest rate on the mortgage changes periodically, on a schedule, according to an index. The most common indexes used to determine the interest rates are:One-year constant maturity treasury securities (CMT)Cost of Funds Index (COFI)London Interbank Offered Rate (LIBOR)A lending institution’s […]

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Risks and Rewards of Foreclosure Investing

The great thing about real estate is that there are many different ways to invest and make money. As an exit strategy one can wholesale, rehab, buy and hold and more. To acquire properties, an investor can use conventional or private financing, cash, and partnering. An investor can be creative and utilize seller financing, such […]

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How Much Cash Should an Investor Keep in Reserve?

As a real estate investor, cash flow is the fuel that drives our businesses. Whatever means you use to purchase properties, it still doesn’t address the number one problem that causes businesses (real estate or other) to go out of business: lack of positive cash flow. Businesses depend on positive cash flow to keep functioning […]

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