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Your Hosts: William Bronchick, J.D. & John Merchant, J.D.

William Bronchick is a nationally-known attorney, author, and speaker. He has been practicing law and investing in real estate since 1990 and has been involved in over 2,000 real estate transactions.

He has trained countless people all over the country to become financially successful.

Bill has served as President of the Colorado Association of Real Estate Investors since 1996. He is admitted to practice law before the bars of New York and Colorado.

He is the author of many excellent real estate investing and asset protection courses.

John Merchant is retired lawyer and long-time real estate investor. He's owned commercial real estate of every type in a number of states. He's a frequent speaker at real estate investment gatherings and contributes real estate investing articles to various real estate newsletters and publications.

His current real estate focus is the operation and expansion of a foreclosure trustee company and mobile home wholesaling.

John's book Use of IRA and Other Retirement Plans in Real Estate Investing was one of the first to address this real estate investment tool and has had many printings.

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Old 09-19-2001, 11:40 PM
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Default Please help me get started - Posted by Jill
Posted by Jill on September 19, 2001 at 23:40:50:

I have a few questions. First, should I form a corporation or a limited liability company or what to start my business. Also, what are the advantages and disadvantages of them? Third, I need to take title to property in a land trust; yet, I don't have anyone to be a trustee therefore can my company or corporation be my trustee? Fourth, since I live in a rural community I am planning on doing investment in three state - MD., VA., and WV.; therefore I need to know what forms to use for these state when I doing a deal. Is there a web site in these states that can tell me what is required? Fifth, since I live in a rural community I can not find a good real estate attorney. Sadly to say they have no clue about taking title in a land trust and a simutanous closing. I am new to this site and new to the business thanks for any help. What a wonderful service!!!!!!!
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Old 09-20-2001, 11:42 AM
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Default Re: Please help me get started - Posted by William Bronchick
Posted by William Bronchick on September 20, 2001 at 11:42:17:

Read this article for a good summary:

http://www.creonline.com/articl96.htm
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