Attention Wholesalers: Beware!!!

[Jason Palmer]

Be careful when discussing or posting wholesale deals on Bigger Pockets' forums. Myself and several other wholesalers in my area have gotten complained on to the Florida DBPR and after looking into it we determined that ALL of the complaints came from upset brokers who saw our posts in Bigger Pockets. Everything I do is legal and checked by my attorney, but some people have nothing better to do than make trouble for you. I am in no way trying to start a discussion about the legalities of wholesaling. The point is that even if you are doing everything legally, a complaint to the licensing board can cost you unnecessary legal fees and time. Proceed with caution in this and any other forum when discussing or posting your deals. Wishing you all much success! 

[Jason Palmer]

Let's call it what it is. Most licensing laws are only in existence because big players in an industry get together and bribe  lobby their politicians to help suppress their competition through the use of the government's monopoly on force. No real estate investor puts a gun to someone's head and forces them to sign an agreement - seller or buyer. It's nothing more than consenting adults engaging in commerce.