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Wholesaling

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Jad Rahouly
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Do I Need A License To Wholesale In California

Jad Rahouly
Posted Apr 4 2024, 19:07


And can you guys recommend me on how to get into the wholesaling game and how to learn (Books, courses, etc....)

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David Ramirez#4 Wholesaling Contributor
  • Wholesaler
  • Tampa, FL
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David Ramirez#4 Wholesaling Contributor
  • Wholesaler
  • Tampa, FL
Replied Apr 5 2024, 06:54

From what I know as of the end of last year, you didn't need a license to wholesale real estate in California.

Wholesaling is 70% sales and marketing, so I recommend consuming related content. Chris Voss's negotiation course was beneficial for me. If you're looking for a real estate book, I highly recommend "Estimating Rehab Costs" by J. Scott.

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Erik Estrada
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#2 Private Lending & Conventional Mortgage Advice Contributor
  • Lender
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Erik Estrada
Lender
#2 Private Lending & Conventional Mortgage Advice Contributor
  • Lender
Replied Apr 5 2024, 08:29
Quote from @Jad Rahouly:


And can you guys recommend me on how to get into the wholesaling game and how to learn (Books, courses, etc....)

 No you do not need a license to wholesale real estate. The best way to learn is to get your hands dirty. Make calls, fail a 1000x, until you carve your own path. 

There isn't a book that will lay a roadmap and get you the success you need. If not everyone would be rich. 

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Bryant Brislin
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  • Developer
  • Irvine, CA
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Bryant Brislin
Pro Member
  • Developer
  • Irvine, CA
Replied Apr 5 2024, 09:22

You don't need a license, but like any other business, you would work with someone who is experienced.  You don't want to mess with seller's lives and make their lives more complicated.

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