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Updated over 7 years ago on . Most recent reply
Is Tampa,FL a good place to wholesale?
I used to live in Jacksonville but there we're just to many wholesalers out there . I am looking to move back to Florida but Tampa this time . Any advice would be perfect .
Most Popular Reply
John Thedford
#5 Wholesaling Contributor
#5 Wholesaling Contributor
- Real Estate Broker
- Naples, FL
There are only TWO ways to legally "wholesale"
1. own the property
2. be licensed
Using contracts to circumvent licensing is ILLEGAL and a violation of 475.43. Advertising properties you do not own, unless licensed, is illegal. As long as you purchase first, or are licensed, you are good to go. Otherwise, the state can and will shut you down with a cease and desist on first offense, with the right to prosecute if they desire. The gurus never teach the truth about "wholesaling" and people that take their advice can end up with legal problems.