Wholesaling

[Michiel Hart]

Hello eveyone, I'm new to the site and to real estate as a whole and just had a question that no one seems to want to give a straight answer to: Is wholesaling illegal without a real state license in Ohio and if not, why?

[Jeff Rabinowitz]

Wholesaling is not illegal in Ohio or most States but only if you do not advertise an interest that you do not have or try to circumvent licensing laws. Most wholesalers do not comply with the regs. Here is a link to a discussion between Jeff Watson, an Ohio licensed attorney and real estate investor, and two Ohio regulators: Watson and the regulators . They are short videos and cover many of the issues that catch the regulators' attention as well as what they view is proper. They are worth watching.