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Updated over 7 years ago on . Most recent reply

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David Martinez
  • Worcester, MA
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Newbie from Worcester MA

David Martinez
  • Worcester, MA
Posted
Hi everyone. Glad to start being part of this community. Looking forward to learn from you guys and start taking some action.

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Charlie MacPherson
  • China, ME
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Charlie MacPherson
  • China, ME
Replied

Be sure to listen to the recent episode #231 by Brent Snodgrass on how to wholesale right. 

If you get into flipping contracts (property you don't own) in MA without a real estate license and also working under a licensed broker, you're exposing yourself to a charge of practicing real estate without a license as well as a potential lawsuit for "fraud in the inducement" if you enter into a contract without both the intent and ability to close.

Also, be sure to study up on MA landlord/tenant laws.  MA is a wildly tenant friendly state.  

http://www.mass.gov/ago/consumer-resources/consume...

Not to mention MA fair housing.  There are 15 protected classes here in MA.  Only 7 federally.  

http://www.mass.gov/mcad/

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