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All Forum Posts by: Michael Woodruff

Michael Woodruff has started 5 posts and replied 29 times.

Post: What are the pitfalls of wholesaling in a lawful manner?

Michael WoodruffPosted
  • Rental Property Investor
  • New Bedford, MA
  • Posts 32
  • Votes 3

What is it to have equitable interest in a property does it still require a license in Massachusetts

Post: What are the pitfalls of wholesaling in a lawful manner?

Michael WoodruffPosted
  • Rental Property Investor
  • New Bedford, MA
  • Posts 32
  • Votes 3

@Storm S. But for now I let those who are certified at doing the work.Im not signing no contracts or really dealing with it hands on.Im just directing everything in the right direction until I get myself together.

Post: What are the pitfalls of wholesaling in a lawful manner?

Michael WoodruffPosted
  • Rental Property Investor
  • New Bedford, MA
  • Posts 32
  • Votes 3

@Storm S. I think I’m going to work on getting my license

Post: What are the pitfalls of wholesaling in a lawful manner?

Michael WoodruffPosted
  • Rental Property Investor
  • New Bedford, MA
  • Posts 32
  • Votes 3

@Nick C. I understand your POV and I would make sure to stay out of the courtroom.

Post: What are the pitfalls of wholesaling in a lawful manner?

Michael WoodruffPosted
  • Rental Property Investor
  • New Bedford, MA
  • Posts 32
  • Votes 3

@Charlie MacPherson I understand

Post: What are the pitfalls of wholesaling in a lawful manner?

Michael WoodruffPosted
  • Rental Property Investor
  • New Bedford, MA
  • Posts 32
  • Votes 3

@Nick C.so you’re telling me I need a license to tell my grandmother who has property that I have someone to buy her house and if the buyer is excited and wants to pay me a percentage off of closing from an experienced closer/attorney I’m in violation.I don’t get it that is free will.Im not lying and telling them things that aren’t true.I understand their are laws but I’m not naive to the fact that I have a right to direct people in the right direction.Ever though I don’t have a license as a realtor or a broker.I also understand that you guys have a job to do or a business to run but I had a personal conversation with a Real Estate Attorney and he did not deny me that what I was doing was wrong.He told me what the closing cost was and that was final.Whats the laws on Wholesaling was the question totally different from the explanations.

Post: What are the pitfalls of wholesaling in a lawful manner?

Michael WoodruffPosted
  • Rental Property Investor
  • New Bedford, MA
  • Posts 32
  • Votes 3

@Charlie MacPherson I’m not actually selling real estate.Im connecting the buyer/seller for a percentage so therefore I’m not getting paid to sale the property.Im getting paid to advise someone on a great deal.

Post: What are the pitfalls of wholesaling in a lawful manner?

Michael WoodruffPosted
  • Rental Property Investor
  • New Bedford, MA
  • Posts 32
  • Votes 3

@Charlie MacPherson does it require a good credit score to wholetail or buy and retail?

Post: What are the pitfalls of wholesaling in a lawful manner?

Michael WoodruffPosted
  • Rental Property Investor
  • New Bedford, MA
  • Posts 32
  • Votes 3

Wanted to be informed on what to look out for when first time wholesaling and dealing with buyers/sellers.