Category: Real Estate

Beware of Hidden Fees for Online Corporate Filing Services

An investor I know formed a company in Indiana last year using a big name corporate filing service. He just got the annual billing for registered agent service – $225!!! A registered agent is someone in the state of the formation with a physical address that can be served in a lawsuit against the company. […]

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10 Easy Ways to Spruce Up Your Rental or Rehab

by Attorney William Bronchick It’s easy to fix up your properties if you have unlimited cash. However, you need to keep your repairs to a minimum to stay profitable. You also need to keep your properties in good shape to attract tenants or buyers. It also has a lot to do with your knowledge of how […]

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There’s No “Due on Sale Clause” Jail

By William Bronchick, Esq.   This article is for real estate investors and my real estate clients. The “due-on-sale” clause is probably the most talked about, feared and misunderstood topic in real estate. This article will dispel any misunderstandings you may have about the due-on-sale and suggest a simple, yet effective strategy to get around […]

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Using an Attorney to Buy a House

The most expensive thing most people will buy in their lifetime is the house in which they live. In addition to being expensive and taking decades to pay for, the purchase of a house also represents one of the more complicated legal transactions most people will ever encounter. Despite the need for contracts involving bankers, […]

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Landlord Legal Issues

by Attorney William Bronchick As a landlord, you should be aware of some of the legal issues related to leasing properties. Here are a few of them: LEAD-BASED PAINT DISCLOSURE Federal law requires that the lessor (landlord) of any rental property constructed before 1978 disclose the presence of any lead-based paint or hazards known by […]

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Happy New Year 2020!

      Happy New Year 2020! Let’s make this a year to remember. Have you completed your 2020 goals yet? It’s never too late to get started!  

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How to Form a Colorado LLC

New website describes how to form a Colorado LLC, step by step, with or without a lawyer. http://www.howtoformcoloradollc.com In summary, here are the steps: Step 1.  Choose a name.  Go to http://www.sos.state.co.us/biz/BusinessEntityCriteriaExt.do and search combinations that appear similar to the name you want.  For example, if you want ABC Real Estate, LLC, search “ABC” and see what else […]

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Is Wholesaling Properties Legal Without a License?

You buy a property, you wholesale it, you profit. Do you need a license to wholesale properties? In most cases, the answer is “no”. Real estate brokerage is an activity regulated by states on their own terms, thus each state defines which activities require a license. There is a lot of vagueness and ambiguity in some of the […]

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When Should You Use a Land Trust vs. and LLC in Real Estate?

By William Bronchick, Esq. and Bronchick Law In this very short video, I will discuss the differences between using LLCs and land trusts for holding real estate. Listen and learn!

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Asset Protection for Real Estate Investors – The Quick & Dirty Version

by Attorney William Bronchick I’m going to show you in this short video how to set up your entities for real estate for maximum privacy, maximum liability protection and to help minimize taxes:   Free eBook on how to protect your assets! Click Here.        

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