Category Archives for Wholesale and Flipping

A Few Tips for Flipping Properties

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 it down to just 5 critical items: 1. Money is made […]

Continue reading

Beware of the Wholesale Scam

Every newbie investor hears that it is imperative to buy real estate “wholesale”, not retail.  The problem is, most newbies don’t know what a wholesale deal is, and there are a number of operators out there scamming newer investors with what they are representing as “wholesale” deals. Consider this a public service announcement and something […]

Continue reading

Podcast Episode #2: 7 Ways to Buy Foreclosure Properties

the Legalwiz Podcast

Attorney William Bronchick discusses a variety of little-known ways to profit from the complicated foreclosure process.

Continue reading

Picking the Right Fixer Upper to Rehab

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 and dreams for you and […]

Continue reading

What to Look for in Foreclosure Deals

Foreclosure deals are everywhere, but 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 […]

Continue reading

The Risks of Flipping Properties

The first thing that should be noted is that flipping houses is a great way to bring home a rather large profit in a relatively short amount of time when doing so in a seller’s market so to speak. The problem is that we currently seem to be experiencing what is known as a buyer’s […]

Continue reading

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 […]

Continue reading

Disclosure on Short Sale Flips – New!

by Attorney William Bronchick Short sale flips – the process of shorting a property then reselling it for a cash profit in a simultaneous closing – has been taking heat lately from title companies and real estate brokers. Realtor blogs are filled with drivel about how these transactions are illegal or unethical. What’s the real […]

Continue reading

7 Ways of Flipping Property

“Flipping Property” simply means buying a property and reselling it quickly, as opposed to holding on to a property long term as a rental. Flipping properties comes in several varieties, most of which are legal and profitable, some of which are not. Flipping Property Strategy #1: Buy, Fix and Flip Let’s start with the most […]

Continue reading