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Updated about 4 years ago on . Most recent reply
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Wholesaling and Flipping in Houston Texas
Hi Everyone,
I'm in Augusta Ga and I'm just getting ready to start flipping and wholesaling in Houston Texas.
I'm looking for any advice about closing , any laws I should know about ....and do i need a Texas LLC to do business ?
I have my Ga LLC already.
I look forward to talking to everyone.
Thanks
Sean
Most Popular Reply
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Hi Sean,
Welcome to Houston! Be sure to check out the local REIAs to quickly find local investors and build your buyers lists. You don't need a Texas LLC but do need to find a few good title companies that work with investors. There are some new disclosure laws that you need to be aware of when wholesaling. No need to try to be deceptive, just tell everyone exactly what you're doing, be sure to have "and/or assigns" on the contract and make sure you are marketing your position in the contract, not the actual property.