Ryan K.
Inherited House: Renovate, Sell, or Wholesale?
29 December 2024 | 5 replies
Most wholesalers are not good at what they do, are unlicensed (which is illegal in most states), and lock up the property in a contract with zero risk to the wholesaler.
Destin E. Thomas
Potential Wholesale Deal in Colorado Springs, Colorado!
24 December 2024 | 10 replies
what are the laws in CO regarding unlicensed wholesalers tying up property advertising it and collecting a fee at closing is that even legal in that state. ???
Tara Montgomery
Where would an investor find a capital raiser for development project with a PPM
26 December 2024 | 5 replies
There is a "sponsor exemption" but that only allows an unlicensed person to raise money but it cannot be more than 50% of their duties and the pay they receive cannot be based on how much they raised.If you have never raised $, a family office will be off the table as they typically want the company to ahve atleast $50-$100M in assets.
Don Konipol
How to Avoid LARGE Loses in Passive Investing
15 January 2025 | 24 replies
You are an unlicensed financial advisor.
Dean Malka
Rehab costs estimations
18 December 2024 | 11 replies
Labor/material are going to be different and need to factor that in4) new roof, new HVAC, new water heater, ac panel, replacing plumbing to PVCThese are very variable, if you are getting this from a licensed guy to do it and unlicensed.. is it a big shop or a local shop doing it, is the GC doing it they will put some money on the top so it will be more money5) framing (creating new bedrooms or baths)I would get all these quoted from a good couple of licensed guys and unlicensed to know your numbers to cents
Ana Mills
Handyman can connect eletrics for Mini Split
23 December 2024 | 15 replies
Quote from @Ana Mills: The high quotes for the electricians will be way cheaper than having your handyman do it and it causing damage, causing a fire, or even worse causing a fire later when someone is living there and that person/persons getting hurt because of the work being done by an unlicensed worker doing the work.
John Malone
Are you aware of the new Corporate Transparency Act Coming in 2024 (every LLC)
31 December 2024 | 22 replies
There are a high number of CPA firms that do not want to get involved outside of the FYI to their clients, and some state boards are saying that a CPA advising related to this registration is an "unlicensed practice of law" given it is not under Title 26 - income taxes - the only place where CPAs and EAs are specifically authorized to interpret law.
Carl Richardson
What contract or forms do I use for wholesaling deals in Texas?
12 December 2024 | 13 replies
If you're licensed (or unlicensed) and are a principal in the transaction, you can use any form you wish but it is foolish to use a form that does not have the required notices included it. 3.
James Kerson
Tell Me Why My Discount Brokerage Idea Is Bad: Calling All Agents
10 December 2024 | 100 replies
A cursory Google search shows that you’re right: in most jurisdictions, unlicensed persons can’t open doors.
Celine Rechyy
Seeking Guidance on Real Estate Investment, Especially House Hacking
6 December 2024 | 17 replies
In Illinois, the minimum age to officially become an unlicensed assistant is 18.