Tag Archives for " real estate fraud "

Don’t Get Scammed by a Seller – Do an Inspection!

One question that seems to be commonly asked among those who are interested in real estate investment, particularly in flipping properties, is whether or not a real estate inspection is really necessary. The long and short answer to that question is absolutely and I will do my best to explain exactly why this is so. […]

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How to Hire a Real Estate Attorney

No real estate course or seminar is a substitute for a good attorney. Finding a good real estate attorney may be difficult, since most attorneys are not themselves investors or familiar with creative transactions. Most attorneys will give you just enough advice to keep them from getting sued, but not enough advice to show you […]

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“Cutting Your Losses Early…Know When it’s Time to Bail on a Bad Deal”

When your primary plan of action doesn’t work, you need to have a backup strategy. This may involve switching gears from a retail sale to a rental or rent-to-own deal. It may also involve dropping your price, dropping your rent, or, if you are lucky enough to realize your mistake early, walking away from an […]

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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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Avoiding Real Estate Scams and Fraud by William Bronchick

There’s lots of real estate scams out there you have to be aware of.  Don’t get caught in one. 1. The Wholesale Scam. Investors prey on newbies with so-called “wholesale” deals that aren’t wholesale at all.  They give unreliable or inaccurate comps to bolster their BS ARVs.  Don’t rely on the seller for comps, Bronchick […]

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