Tag Archives for " legalwiz "

Using Bird Dogs for Real Estate Investing by William Bronchick

Investment is the number one word for real estate. However, those who play a part in the investment will make a large difference in what is available to you. Whether you are working towards finding real estate property for profit or for your first home, knowing where the resources are and what they do can […]

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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 really two […]

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5 Great Reasons to Use Land Trusts

Do you own real estate in your own name or an LLC?  If so, you are a sitting duck for tenant lawsuits, the IRS and code enforcement.  Whether you own in your own name or an LLC, the information is public about who’s behind the ownership of your properties, and that makes it difficult to […]

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10 Reasons Why Lease Options Make Sense in Real Estate Investing Part 1

There are literally dozens of ways to purchase a property with little or no money down. These tend to work well with real estate investors that are just starting out or the experienced investor that is reaching the limits of their available cash and/or credit. For these investors, a lease option (also known as rent […]

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Home Warranty Plans Can Save Buyers and Sellers Repair and Replacement Fees

After all the trauma of seeking your dream home, homebuyers rarely think about what could possibly break and that could cover a multitude of items. As a home seller just thinks of the peace of mind you could have by purchasing a warranty package for the unknown. And what an enticement; purchasing a resale property […]

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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 […]

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LLC Taxed as S Corporation

Should You Convert YourSingle Member LLC to an S corp?The LLC taxed as S corporation – good idea or bad? By default, a single-member LLC is classified for tax purposes as a “disregarded” entity, that is, the entity is ignored by the IRS and the sole member is the taxpayer. Thus, an individual as a sole […]

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Does Staging Sell Real Estate by William Bronchick

There is something to be said about a neat and tidy house when you are sorting through house after house looking for the perfect home for you and your family. This is something that should be kept in mind when selling either a personal home or an investment property. There are a few other things […]

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Beginner’s Guide: Scams to Avoid in Real Estate Investing by William Bronchick

For beginners, real estate investing is never a walk in the park. It has a lot of risks. There are numerous companies that sell property investments for novices but the question would strike you with the trust that they impose. This is a beginner’s investment guide for one to realize the things that he or […]

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Creative Real Estate Investing by William Bronchick

Creative real estate investing is defined as the usage of non-traditional ideas and methods of selling and buying properties. Here, the buyer will initially secure his finance taken from a lending organization and pay the full amount together with borrowed funds which will serve as his down payment. One of the effective ways of purchasing […]

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