These include drafting offering documents, adhering to ongoing disclosure rules, and audits, which can easily run tens or hundreds of thousands of dollars.

Call the registrar and ask. 1-800 321-2752 https://www.cslb.ca.gov/newsletter/2010-summer/page9.htmThe current text of ab968 requires FULL disclosure with copies of all contracts, permits and warranties within the two year window.

Wholesalers are not regulated by Real Estate Agency, therefore not required to abide by certain laws and disclosures.

I just signed a bunch of disclosures from my lender and after reading them it has me thinking, "Is there a cheaper way to do this."

For renewals, it’s wise to switch to TREC forms to stay compliant.Regarding disclosure, yes, you should clearly identify yourself as a licensed real estate agent.

Disclosure laws vary greatly by state.

I think Texas has some disclosure language as well for wholesaling.. its all about disclosures etc..

However, about eight days later, the seller informed me that they had "changed their mind" and no longer wanted to sell.In the weeks that followed, the seller failed to provide the required documents, including HOA disclosures, the seller’s disclosure, and other essential paperwork, all of which were due within specific timelines per the contract.

@John Lasher If you are still looking to spend $20k-$30K for a coach, I would be happy to take you up on that offer :) For full disclosure,  I will share with you precisely what you can learn online/ perhaps even entirely through these BiggerPockets Forums but that doesn't address the reason why most are still unable to purchase larger assets: creditworthiness and capital relationships.

From a tax standpoint, there are additional disclosures to make when selling a business asset for less than fair market value to a related third party.