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Is wholesaling real estate legal?

Let’s say you are interested in getting started wholesaling properties but not sure what the state laws are concerning this kind of real estate transactions and you don’t want to break any laws unknowingly.

Don’t get stuck with a deal that you can’t sell!

I talk to many investors who started in Real Estate with the goal of buying and selling houses, but they ended up being landlords - and they hated it. I personally love rental houses and own a lot of them, but these sad stories led me nevertheless to focus on finding buyers.

Is it true that you cannot use assignments on foreclosures?

Unfortunately, most of the time you cannot use assignments on foreclosures. In case of REOs, most banks will have it in their contract that it is not assignable.

What is the difference between bird dogging and wholesaling?

Bird dogging and beginning wholesaling are not the same, although there are a lot of similarities between them. The control over who has the buyers is the largest difference.

Drop me in a new city and tell me to buy a good real estate deal

If someone dropped me in a new town and told me to find a good real estate deal in less than 3 hours, here is what I would do.

How to find investment clubs in your area

If you looked for an investment club in your area and could not find one, I have to say I don’t think you were looking hard enough.