Category: Real Estate

Illegal Discrimination in Housing

By: William Bronchick ESQ. You want the best tenants in your property, so you have to be choosey, particular or… dare I say… “discriminatory”!  But not all forms of discrimination are illegal.  It is illegal discrimination only when you discriminate against people who are a member of a “protected” class. The Fair Housing Act of […]

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Top 10 Ways to Get Sued- Part 2

By Attorney William Bronchick Here it is, the official, “Top 10 Ways to Get Sued” – guaranteed! In our previous post, we covered the 1st 5 Ways to Get Sued and NOW in Part 2, we will cover 5 more ways! Here are numbers 6-10. 6. Try to Call Employees Independent Contractors.  Many employers hire employees, but […]

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Top 10 Ways to Get Sued Part 1

By Attorney William Bronchick 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. […]

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What to do if a Tenant Abandons Your Property

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 sheriff. You can change […]

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Using an Installment Land Contract in Colorado to do a Wrap vs. an AITD

A land contract is a financing tool whereby the seller and buyer agree upon the sale of a property under installment payments. The property remains titled in the seller’s name until the buyer completes all payments under the contract. This arrangement is also known as a “contract for deed” or “installment land contract”. The land […]

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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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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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Guide to Colorado Business Entities William Bronchick

Business entities come in so many types that business owners can easily get confused. Hereís a quick guide that will hopefully shed a little light on business entities for you. Business Entities “C” Corporation: A corporation whose shares are held by shareholders. The entity stands apart from the shareholders for legal and tax purposes. The […]

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Self Directed Real Estate IRA

If you are looking to invest your IRA money in something other than the stock market, the “self-directed real estate IRA” may be for you.  A “self-directed real estate IRA” is really not a special type of IRA, but rather a way of investing in your IRA. All IRAs are self-directed, but the custodian you pick […]

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“Release” Yourself from Liability

People settle claims out of court all the time, and that is often the smart thing to do. But, most people forget one simple step that is crucial to the process. This simple step, if omitted, can result in a future lawsuit against you, even if you allegedly settled the claim. Consider the act of […]

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