I am wrapping up my licensing education with the intent of being able to buy and wholesale solo part-time, while keeping my full time job.How would I go about finding a brokerage that would sponsor me as a sales agent while allowing me to have this flexibility?

You still need to factor in those additional expenses.If you'd like help diving deeper into the numbers or need any advice on financing options, feel free to reach out!

Assembly Bill 1771, also known as the California Housing Speculation Act, aims to change real estate tax policy to discourage investors from quickly reselling properties like single-family homes.Under the proposed bill, an additional 25% tax would be imposed on the gain from the sale of a qualified asset (including homes) within three years of the previous sale.The tax reduction is dependent on the number of years passed since the initial purchase of the qualified asset, ranging from a 20% reduction for sales occurring between 3.01 to 4 years to a 100% reduction for sales occurring more than seven years after the initial purchase.The revenues generated by this tax increase would be deposited into the Speculation Recapture Community Reinvestment Fund, which aims to support affordable housing, local governments, schools, and infrastructure projects.The bill is introduced by Assembly Member Ward, and the proposed tax changes would take effect from January 1, 2023.Assembly Member Ward argues that short-term investors in the market, including fix and flip investors, contribute to rising housing prices, limiting opportunities for Californians to purchase homes.While the bill may discourage short-term speculative transactions, it is worth noting that California's tax laws still provide certain advantages for investors, including unlimited tax write-offs and depreciation benefits.The bill is subject to legislative approval, and Assembly Member Ward will speak publicly about the bill at the San Diego County Administration Center on a specified date.Please note that this is a simplified summary of the bill and its potential impact on fix and flip investors.

Can you do this alone?

How did you finance this deal?

Are there any other considerations to ensure appropriate liability protection in this arrangement? 

@Brent Logsdon sorry I missed this.

Does anyone have any advice for this situation?

This is a prime example of functional obsolescence.

What does this look like?