Category Archives for General

Should You Do Real Estate Full-Time?

Going Full Time in Real Estate Investing

Should You Do Real Estate Full–Time? Many self–acclaimed real estate gurus state that everyone should quit their jobs and immediately jump into full-time real estate investing. They often claim incredible results from students with little experience. We would like to caution that life-changing decisions are not usually simple and that full time investing is not […]

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Flyers Help to Sell and Rent Houses!

Nauseous at the thought of forking out another $4,500 on vacant properties next month, I decided to pull out an old, but underutilized technique… the paper flier. I made hundreds of fliers on my computer in various colors. I included a map with directions on the flier (thanks to www.mapquest.com). I had them distributed on […]

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The Risks of Buying Real Estate in Emerging Markets

Buying real estate in emerging markets became all the range when investors couldn’t find deals in their backyard anymore. Between 2004 and 2007, real estate investors, hungry for break-even or positive cash flow rental properties, purchased income property out of state. California investors bought houses in Florida, Texas, and Oklahoma. Florida investors purchased houses in […]

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Buy a House, Get Thrown in Jail?

Over the past ten years, a dozen states have passed foreclosure “protection” laws, and many states are following suit. Even in states where there are no specific foreclosure protection laws in place, there’s plenty of power within the state Attorney General or County District Attorney’s office to prosecute a real estate investor. Here are some […]

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You Have to SELL a House to Get it Sold

You Have to SELL a House to Get it Sold by Attorney William Bronchick The market is slowing and investors are drowning in house payments. Is there an end in sight? Probably not. But, is there something you can do about it? Certainly dropping the price until you get it sold it one way to […]

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The Mortgage Elimination Scam

The mortgage elimination scam has been sweeping the country. You’ve seen the emails: “Legally eliminate your mortgage!!” Can this possibly be true? Well, I’ve read the claims and researched the law and here’s what I came up with. The Claim The claim is that you can legally eliminate your mortgage based on an accounting loophole that goes something like this… “If […]

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How to Buy Real Estate Estate With No Money Down

How to Buy Real Estate With No Money Down by Attorney William Bronchick You’ve seen the late-night infomercials with self-anointed gurus promising you millions in real estate profits with no money down. The truth is that many of these charlatans never made a dime in real estate, but instead built their fortunes through selling over-priced […]

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The WRONG Way to Invest in Real Estate

The Wrong Way to Invest in Real Estate By William Bronchick “Real estate fever” . . . it’s hit the Country like a plague. Zillions of “newbies” are hitting the bandwagon, trying to make a profit where they lost in the stock market. I meet them all the time, and many are making big mistakes! […]

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How Much Should You Keep in Reserve?

How Much Should You Keep in Rental Reserves? by Attorney William Bronchick “Cash is King”, so they say, and investor would be wise to keep an adequate cash reserve for things that can go wrong in real estate, particularly rentals. It is easy to buy real estate with no money down, but it’s difficult to […]

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Are Condos a Good Purchase?

Are Condos a Good Purchase? by Attorney William Bronchick Condominiums are traditionally the most volatile of real estate investments. Ask anyone who bought condos in the 1970s or 1980s (or in 2005-2007) and they’ll show you the financial scars on their backs. Condos have made a strong comeback in recent years because of the popularity […]

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