Category Archives for General and Business Advice

7 Tips on How to Create a Great Business Plan

Any major endeavor worth doing right requires some sort of organized plan. Starting a business and getting it off on the right foot is no different. It’s amazing to me that most folks that are starting a business spend more time planning a 1-week vacation that they do laying out the steps of a business they […]

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7 Tips for Getting Your Offer Accepted

Let’s face it, it’s a tight market out there! In most parts of the country, the real estate market has changed over the last couple of years from a buyer’s market to a strong seller’s market. The positive side of this is; whether you are an owner occupant or a real estate investor, it’s pretty easy to sell […]

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Investing in Real Estate When Your Spouse (and Family) Aren’t Onboard.

So you just attended a great 2 or 3-day seminar on investing in Real Estate. The speaker was knowledgeable, informative and motivating. You aren’t very happy with your current job and you want to make a major change in your life.  You go home Sunday night after the event and you spring on your spouse (and possibly kids), that you are going into real estate investing! […]

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7 Traits of a Successful Real Estate Investor

Going Full Time in Real Estate Investing

I  ran a real estate club for 18 years and have spoken at most of the other ones across the Country several times.  I’ve met tens of thousands of investors and have a very good idea of what it takes to succeed in the real estate business.  Here’s the 7 traits you must have to […]

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Real estate investing full time

Going Full Time in Real Estate Investing

So, you hate your boss and you’re thinking of going full time in real estate investing?  After a few deals, you may be tempted to do so, but here are some important considerations you need to review before making the jump: Cash Reserves Although Real Estate transactions can be done successfully without any cash out of pocket, […]

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Building a Real Estate Team by William Bronchick

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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Do you have a product, expertise, or service to promote?

checkbook ira

Bill Bronchick here… Do you have product, service or expertise you want to promote? Learn how to do so by offering seminars! Seminars can be profitable by themselves, or an opportunity to establish yourself as a local or national expert. They can be an opportunity to sell your products and services as well. Learn it […]

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The Risk of Investing in Real Estate

The risk of investing in real estate in a down market.  Is it real or imagined? Many people sit on the sidelines when real estate is down, instead of buying up at the bottom.  The main reason…Fear. Real estate does have its risks, but then again, so do all businesses.  Risk is relative, mostly relative […]

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Dispelling myths of real estate investing

Are high-profit real estate deals only for the wealthy? Is it possible to buy with no money down? Do you really have to know the “right” people? Let’s answer by looking at some of the myths of real estate. 1. The good real estate deals are reserved for the wealthy. Of course money helps, but […]

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The Importance of Cash Flow in Your Real Estate Business

Many businesses fail in the first few year mainly due to poor cash flow management. According to a recent survey, the number-one thing small business owners say they wish they’d have done differently was to have more startup money. Even experienced companies file bankruptcy, not because they don’t have a good business model but because they […]

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