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QUESTIONS - “What states are illegal to wholesale in? I heard something about a law going to be passed that will make it illegal to wholesale in that state.”
Real Estate wholesaling is not illegal in any part of this world.
Restrictions and regulations may increase or tighten up due to abuse of the opportunity.
However, there is nothing new about the fact that the cream always rise to the top.
I understand that it is now required to be a licensed broker to wholesale more than 1 house in a year in Illinois.
My question is “so what?”
Most people making a big deal out of this have not even closed one deal.
The new passed law is not a problem or issue for you unless you’ve closed at least one deal.
If you’ve closed one deal, then you know enough hopefully to understand that entrepreneurship comes with obstacles.
Basically it’s another opportunity to grow.
So let me share 3 ways to overcome thy hype of those new laws and close more deals.
1 Learn how to market for real
2 Leverage partnership with brokers
3 Let go of the idea that real estate investing and wholesale will ever be illegal.
BONUS: Start thinking “VIRTUAL WHOLESALING”
Enjoy this video.
BLOG POST - https://myempirepro.com/blog/
ABOUT YOUR HOST ::::|
Ola "Tux" Abitogun is the Creator of myEmpirePRO and author of Smart Real Estate Wholesaling. He became a FULL TIME entrepreneur in October 2006.
He is a computer engineer and an engineering management graduate from New Jersey Institute of Technology; (NJIT) class of 2004/5. He was born in Dallas Texas and raised in Nigeria by his Nigerian parents. He considers himself a proud Nigerian American.
Today, he is a marketing addict, trainer, marketing and business consultant, real estate investor and all around serial entrepreneur. Most importantly, he is husband and a father. The professional work he is mostly proud of is personally helping 1,000+ entrepreneurs around the world reach greater heights in their careers.
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