William Bronchick

Top Real Estate Xpert

— Best-Selling Real Estate Author, Attorney, Investor & Mentor

as seen on

William Bronchick

Top Real Estate Expert

— Best-Selling Real Estate Author, Attorney, Investor & Mentor

as seen on

Construction does not pay like it used to

In the span of a few decades, Los Angeles area construction went from an industry that was two-thirds white, and largely unionized, to one that is overwhelmingly Latino, mostly nonunion and heavily reliant on immigrants, according to a Los Angeles Times review of...

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5 Ways to find deals in today’s market

These are the only methods that work today. It’s tough out there. Lots of competition. Here is what works. Ignore the mls. There is such a shortage of properties that anything that makes the mls will be overbid by novice investors. Door knock notice of trustee sales,-...

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La adding more people than we have housing for

. Even though there is currently a boom in construction of new units (biggest boom since the 1920s) we are still behind the 8 ball. For years we have built less housing than is needed. The boom in the economy is adding to this. From 2000 to 2015, la added 157k new...

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Chinese money drying up

Luxury homes geared toward Chinese buyers taking up to half a year to unload. It used to be only cash buyers from China getting loose rules to gettheir money out of China. At the same time, high-end home seekers who plan to take out loans now have a better chance as...

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Spring will be hot

Spring Housing Already Overheating- The spring housing market started early this year because of hotter-than-average demand and overheating home prices. "This spring housing market is shaping up to be another doozy for homebuyers," said Ralph McLaughlin, chief...

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When there is equity I like to make several offers.

If they have a loan, I want to take that over subject to, If its a nice low interest rate, I try to keep the property if it does not need a lot of work. What I want to do is get the owner to hold their equity in a 2nd. This way you can get in light and stay in light,...

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Socal Home Prices post gains

Southern California home prices reached the highest level in Dec. in more than nine years. A better economy and a shortage of homes for sale combined to jump prices up 6.8% from a year earlier, real estate data firm CoreLogic said Tuesday. Decembers median price of...

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Brexit will have repercusions

Brexit will influence your life.         1. Interest rates have dropped again. Why? In crisis times, people flock to our treasury bonds for safety. The higher the price goes, the lower the yield. We are the safest place in the world (for now). So...

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Quick and dirty way to determine value for units

Multi- units can make you money I know some of the gurus give you complicated formulas and spreadsheets to analyze income properties. As you know, the value of an income property is in its income. Comps are useless. You have to know what market rents are, the...

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