Mindy Jensen
FAQ Forum Question: Is Wholesaling Legal?
Hello BiggerPocketeers!In an effort to clean up the forums, we're creating an FAQ Forum, where the most-asked questions will be prominently featured, along with some really great answers.I need your help!Please take a...
Christel Gustafson
Poll: One page purchase contract or the state approved contract?
I am an investor in the Austin Texas area and want to take a quick poll on whether people are using their own one-page purchase contracts or the standard state approved contracts (TREC for us in Texas)? What, if any,...
Alain James
Cancelling a Contract
Hi guys, Here's a question, if a seller is under a previous contract with a buyer and receives a counter offer that he or she likes better,what must they do to legally cancel the contract they're previously under? Wil...
Darian Nayton
wholesaling legality question
im new to real estate I need to know how do you put a property under contract legally? does the contract need to be notarized before or after or at all?
Brian Ellis
Would you pitch a deal to another investor?
I had a property under contract that I just couldn't fund myself, and the seller didn't want to extend the process any further. There were a lot of plans involved and town meetings.Since the deal didn't work out for m...
Adam Pasternack
Attorney who knows wholesaling laws in ohio
I am looking to wholesale a few deals in Columbus but am having trouble getting sound accurate legal advice to the legal/ethical ways I can do this.From what I have learned so far there seems to be at least two concre...
Laura Alamery
Flipping Contracts/Properties
I agree, flipping contracts is a good way to start out in real estate, however you have to do it the right away so you will not get burned. I have taught the process for years in my seminars and coaching.
There are se...
Jason McGloin
Ohio wholesaling
Hello fellow OH BP. While I've not done anything with wholesaling, its status in OH is still interesting. Here is a pretty good video with NREIA and Division of Real Estate discussing it.OH Wholesaling video
Matt Hatton
Wholesaling without a license - legal or illegal?
I have heard a bunch of times that wholesaling without a real estate license is completely legal if done correctly with the right contract. And i have also seen on here numerous times that wholesaling without a licens...
Tommy R
Is it required to give a certain amount of earnest money per contract?
And if it's not required, what % of the time would you say that you do give an earnest money deposit?
Also, can I have a provision on my contract that says "If left blank, then no earnest money is due" or something t...