Tag Archives for " william bronchick "
4 Key Things You Must Know to Work Your FARM Area for Real Estate Investing
Real estate brokers generally have particular neighborhoods in which they work, rather than an entire city. Brokers refer to this as a “farm” area. You’d be wise to adopt a similar approach to your real estate investing business. The goal is to become an expert on one specific farm area, roughly 3,000 to 5,000 homes. […]
Continue readingBuilding an Investor List – It’s Magic!
Building an investor list is the key to success in real estate investing. The concept is simple – find a list of investors who buy properties, then go out and find the inventory to flip to such investors. Also, let these investors know that you buy houses, too. The more people who are in your […]
Continue readingTop 10 Ways to Get Sued Part 1
Here it is, the official, “Top 10 Ways to Get Sued” – guaranteed! In this post we will cover the 1st 5 Ways to Get Sued and in Part 2 to be posted in a couple of days, we will cover 5 more ways! 1. Do Business in Your Own Name. The average person gets […]
Continue readingA 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 when […]
Continue readingMoving Your Real Estate Business Forward by Learning to Say “No.”
As entrepreneurs, we somehow always seem to have a lot going in our lives, both in business and personal. Admittedly, it can sometimes be overwhelming and can tend to overload us at times. Appointments and meaningful dates such as anniversaries and birthdays may be overlooked. Promises and commitments might be broken. All of this can […]
Continue readingMarketing-the Lifeblood of Any Business.
“Stopping marketing to save money is like stopping your watch to save time.” Henry Ford Marketing is the lifeblood of your business. Marketing can be compared to oxygen to the human body-it’s essential for your body’s life, and marketing is essential for the life of your business. It doesn’t matter how much knowledge you have, without […]
Continue readingSeven Tips for Doing Due Diligence on a Potential Partner’s Deal.
Due Diligence. As either a beginning or seasoned real estate investor, if you are in the game long enough, you will likely be approached by other investors. These folks will be looking for partners to supply needed credit, capital, experience, contacts and more. Although you may be flattered, you have to remember it is business. […]
Continue readingFinding a Contractor via Referrals
Getting a solid referral is the most obvious and easiest way to find contractors. In your search for a good contractor, start by trying to secure referrals from investors and friends. You want somebody you know and trust who has had a positive experience with a particular contractor. That in itself is worth a lot! […]
Continue readingFood for Thought When Partnering or Joint Venturing
While everything that you have read or heard is vitally important to your success in partnerships, here are some of the takeaways that are especially critical. Don’t let fear get in the way of exploring potential partnership deals. Remember, your wealth is determined by the average sum of the five people with whom you most […]
Continue readingHow to Evaluate a Property’s Value in Today’s Market
Figuring out the real value of a property can be difficult. The comparable sales method is the most commonly used — and still the most accurate one — to determine the value of single-family homes, condominiums and smaller rental buildings (two to four units). Start by researching information about sold properties on your local government websites for […]
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