Where to start

[Joe Lanza]

I'm just getting started in real estate investing. I am a Realtor in Orlando FL. 

I am considering Tax Liens or wholesale Investing. Any recommendations

which one to start with.

[Ryan Kopczyk]

@Joe Lanza

Welcome Joe! I am with an investor friendly title company here in Orlando. If you ever want to have a conversation about anything please shoot me an email or give me a call. I see mortgage assumptions and tax deeds are getting pretty popular lately. Of course wholesaling is quick money if you can find the properties. Please use me as a resource!

Talk to you soon,

[Bill Gulley]

Welcome Joe, As a Realtor, tax liens won't get you in much trouble, wholesaling certainly can. You'll do better using your license legally. :)

[Account Closed]

Nothing Illegal about wholesaling. If it was illegal there would be nobody doing it and title companies wouldn't be closing the deals.

[Scott Wagoner]

Hiya Joe! 

If you have the capital to back you, then I say Tax Liens but make sure you have a good title company that cancheck the other liens on the property so you don't get stuck with something riddled with other problems. You could actually buy a tax lien property then wholesale it out. Neither one really takes a license to do and neither one is illegal...making 18,000 posts on a subject you obviously know nothing about should be:)

[Bill Gulley]

Originally posted by @Account Closed:

Nothing Illegal about wholesaling. If it was illegal there would be nobody doing it and title companies wouldn't be closing the deals.

Obviously, you don't have a license. Title companies don't enforce license laws either, they do settlements. No, there isn't anything illegal about assigning a contract, but Realtors have ethics rules and brokers have conduct requirements that empty headed investors don't have issues with, Realtors can be fined and lose their license!  :)

[Bhekizwe M.]

Hie Joe.

Both can be great ways to start.wholesaling will give some immediate cashflow.Tax lien can also pay off in a handsome way,just be more of an investor in your real estate investing education and training,FIRST.

[Account Closed]

@Bill Gulley is right.

[Bill Gulley]

Greg, I'll buy that, but wile he can lose in tax liens, he has more at risk trying to sell s a Realtor with a wholesale deal, if you're a broker, then you know. If  I had a Realtor wholesaling cutting out  of the office, cutting out the brokerage, I'd show them he door. :)

[Zach Mitchell]

I think almost every wholesaler I work with has their license, as do I. Nothing illegal about it. Just have full disclosure across the board.

Trying to wholesale a clients property is obviously not in the best interest of a client and should not be done but if you are sourcing your own deals you shouldn't have anything to worry about.

[Justin Stamper]

what @Zach Mitchell said. 

[Joe Lanza]

Thanks for the feedback. Appreciate your help.