Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Wholesaling
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago,

User Stats

6
Posts
3
Votes
Renee Janowski
  • Greenville, SC
3
Votes |
6
Posts

Want to help investors find properties, but wholesaling is icky

Renee Janowski
  • Greenville, SC
Posted

Hey BiggerPockets Fam!

I have an idea of a real estate venture, but am not sure where in the game it falls into, or how to make it worthwhile/legal. It seems similar to wholesaling, but so much of what I know about wholesaling seems icky and illegal.  Any advice you can give would be amazing!

I have an airbnb and have done a lot to really learn that business. I love figuring out puzzles and would really like to scour the web for good deals on properties with great potential for Airbnb, showing potential buyers all the numbers and projected return/income for the property.  Obviously I want to be compensated for my research. I also don't want to be limited to just my immediate geographical area, if possible.  I am assuming the biggest issue with that would be of course not getting to personally see/inspect property.

My question though is how to do this.  If I am a wholesaler, I think it would work, but I can't stomach walking away from a contract, and I dont have the means to buy deals that can't go through. Also, the legality of it all makes me feel like it is brokering a deal and therefore needs a license.

If I get a license then I'm only licensed to broker deals in my state, and that doesn't help me take advantage of the national market.

Could I perhaps be a consultant of sorts who charges a fee to find deals?  How would that be contracted... and how would that not be illegal without a license?

Any help greatly appreciated.

Loading replies...