Is WHOLESALING still viable business to get into in Maryland? I am based in Frederick

[Account Closed]

Hi everyone. I was away from RE world since COVID hit. Now I am back and was about to get myself started with wholesaling RE. I know it has a bad rep and everyone hates wholesalers, the state, brokers, realtors, you name it. But having researched it thoroughly, I found it to be the best way to venture into RE business. It requires minimum capital, it's doable and it can be profitable if you do it right. However, as well know , there is nothing that nanny state will allow to exist without stifling it. Any opportunity is too good for the law abiding citizen, unless he can bring to table millions of dollars , spend 60 hours on some BS course to acquire a license, to have every breath and sigh controlled, regulated, restricted, obstructed and sabotaged. So, just as could be expected, MD legislature introduced a bill last year that would outlaw the wholesaling. I searched for the similar bill in 2024, but couldn't locate it online. Did they reintroduce it? What is the most current status of another anti-citizen bill proposed by our nanny state? I would love to hear from experienced investors, realtors and attorneys who know about inner workings of MD legislature. What are your thoughts on it? Am I going to waste my time and effort, only to see my venture outlawed by MD in about 6 months to a year?

I would also like to connect with all investor friendly realtors, lenders, accountants, wholesalers and business/asset managers in the area. Hopefully, we can have a brief chat to discover ways we could be useful to each other. 

Best regards,

Eric

[Russell Brazil]

You do realize fascist and communist are polar opposites, and are not synonymous lol.

You also clearly don't have a grasp on the politics of this as it is red states that have been leading the fight on the issue, not blue ones lol. South Carolina, Ohio, Arizona, and Virginia have passed the strictest regulations on it....and in most cases, unanimously.