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Updated almost 5 years ago on . Most recent reply

User Stats

100
Posts
5
Votes
Ray Eason
  • Wholesaler
  • Bakersfield, CA
5
Votes |
100
Posts

Prepaid Legal For Real Estate Investors

Ray Eason
  • Wholesaler
  • Bakersfield, CA
Posted

Hello and good day.

Does anyone know why Prepaid legal is not a good option for Real Estate Investors who are Wholesaling/Assigning Contracts in California?

I have been on the phone with 2 of their Real Estate Attorneys and both are telling me that I have to have a license (which I know I don't) in order to do Investing in California.

Why do they not understand this practice?

Or are they partially right and that if someone attempts to sue me, the DA will ask if I have a license and pursue legal actions if I don't?

I simply wanted them to review some contracts for use in the state of california but I cant trust their ability to do the right job if they don't believe in what I am doing is legal.

The only reason I have called them twice is because I have service with them and want my Real Estate documents reviewed.

Why are they so difficult? :(

Most Popular Reply

User Stats

16,433
Posts
12,718
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Ned Carey
  • Investor
  • Baltimore, MD
12,718
Votes |
16,433
Posts
Ned Carey
  • Investor
  • Baltimore, MD
ModeratorReplied
Originally posted by @Ray Eason:

I'm learning really fast in this business. So far, I love it. Even though some of these guys get me hot under the collar.

I find it very frustrating when I am working with a professional like a title company and I know how to do their job better than they do. 

  • Ned Carey
  • Loading replies...