by Attorney William Bronchick Too many investors go to closing and sign documents without ever reading them, taking the word of the “professionals” involved in the closing. This is a huge mistake unless that professional is your lawyer, and he or she has read and understood the loan documents. Don’t presume that the lawyer you … Continue reading Read Before You Sign!
by Attorney William Bronchick The real estate contract is the most often used, yet little-understood tool in the real estate business. Whether you are a rank beginner or seasoned expert, there is no excuse for not knowing and understanding the real estate contract. Real estate contracts are based on common law contract principles, so it … Continue reading Basics of the Real Estate Contract
by Attorney William Bronchick Real estate agents have a valuable source of potential deals for the real estate investor – the Multiple Listing Service. Unfortunately, real estate agents have a monopoly on this information in many parts of the country, so they may be a necessary part of an investor’s game plan. Dealing with … Continue reading Dealing with Real Estate Agents
by Attorney William Bronchick Have you ever had a tenant leave in the middle of the night or the middle of an eviction? Did you ever wonder what to do when the tenant abandons the property? Basically, when a tenant abandons the property, you do not need to file an eviction or wait for the … Continue reading What Can I Do if a Tenant Abandons My Property?
by Attorney William Bronchick 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 … Continue reading Work a FARM Area for Your Investing
by William Bronchick, ESQ. Wholesaling is a simple concept, but most investors don't succeed because they fail to educate themselves enough to pull one off. Wholesaling is simply tying up a deal, then reselling it to another investor for a fee or profit. But, as they say, "The devil is in the details". Here … Continue reading 5 Wholesaling Quick Tips
By William Bronchick, Esq. 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 … Continue reading Real estate investing full time