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Articles For Aspiring & Active Real Estate Investors

Is Wholesaling Real Estate Legal In Utah?

Utah is one of America's most unique and fascinating states.  It was admitted to the union as our 45th state in 1896, also making it one of our youngest states. 

Fifty years prior to statehood, Mormons first settled Utah as part of their search for a promised land free from religious persecution. Today, Salt Lake City is the world headquarters of the Church of Jesus Christ of Latter-day Saints.

Mormons still make up about 70% of the state’s 3.2 million people and have considerable influence on many parts of the state and its institutions.

Utah is centrally located making it an important transit center, has a thriving economy, and a relatively young and economically stable population base.

For these reasons and many others, you may be asking yourself if wholesaling real estate is legal in Utah, and if so, what do you need to know if you’re considering this as an income-producing venture.

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How Samuel Closed More Deals While Spending Less In Marketing With The MLS! | Pro Wholesaler VIP Program Review

 

Meet Samuel Flores - One of our students who is a Pro Wholesaler & Real Estate Investor located in Texas!

Before joining, Samuel's marketing and advertising budget was getting out of hand and would eat away too much of the profits from his deals.

Samuel enrolled in the Pro Wholesaler VIP Program to close more wholesale deals without having to rely on spending more in marketing and advertising every single month. And now he is closing more deals while significantly reducing his Cost Per Acquisition, which means higher profit margins!

Come hear how Samuel was able to streamline acquisitions and take back control of his business to consistently close deals!

Hope you enjoy Samuel's review of the Pro Wholesaler VIP Program!

Want to learn more about the Pro Wholesaler VIP Program? For more info, schedule a free Strategy Session Call with my team & I to see if it's the right fit for you.

Samuel Flores (00:01):

Hello everyone,...

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Is Wholesaling Real Estate Legal In Connecticut?

Real estate wholesaling has recently experienced overwhelming increases in popularity as an investing technique, which resembles the method for flipping houses, but without the money typically required to complete the wholesale deal. With its rise in recognition, critics have begun to voice their objections – asserting that a real estate wholesaler is somehow circumventing license law and acting like a real estate salesperson or broker but doing so as an unlicensed professional.

The reality is basic wholesaling principles are evident in every market sector - in supermarkets, banking, and the neighborhood kid’s lemonade stand – as it is simply the principle of investing for value with the intent to sell for a profit. These decriers fail to recognize the fact that a wholesaler of a real estate investment property is not selling real estate but their beneficial interest as a legitimate purchaser of real property detailed in a contract of a real estate transaction.

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Is Wholesaling Real Estate Legal In New Jersey?

The real estate wholesaling business simply refers to an investment technique.  A real estate wholesaler or investor enters into a purchase agreement (or contract of sale) that establishes for the buyer/wholesaler certain rights/obligations under the Doctrine of Equitable Interest or Equitable Conversion, but then chooses to sell these established rights to someone else, an end buyer, before the sale closes.

New Jersey equitable conversion

The difference between the original sale price for the investment property and the higher price paid by another buyer, often a cash buyer, is the earned assignment fee.

In other words, the buyer takes ‘equitable title’ or becomes the ‘equitable owner’ when the contract is fully executed. The time referenced in this regard is defined as the time between these two homebuying events -

  1. The execution of a contract of sale for real property, when earnest money is given pending a closing.
  2. The delivery of the deed and marketable title to the buyer upon...
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How Joseph Wholesaled His 1st House From The MLS For $3,500! | Pro Wholesaler VIP Program Review

 

Meet Joseph Reyes - He's a Pro Wholesaler & Real Estate Investor located in Orlando, Florida!

Joseph enrolled in the Pro Wholesaler VIP Program to get the exact blueprint for how to wholesale on-market houses. He got that exactly and has successfully implemented our MLS Offer System into his existing wholesaling business.

Come hear how Joseph wholesaled his first on-market house from the MLS for $3,500 and how he's now ramping up his business through hiring Acquisition Associates!

Hope you enjoy Joseph's review of the Pro Wholesaler VIP Program!

Want to learn more about the Pro Wholesaler VIP Program? For more info, schedule a free Strategy Session Call with my team & I to see if it's the right fit for you.

--- Video Transcription of Joseph's Pro Wholesaler VIP Program Review ---

Joseph (00:10):

Hey, how's it going? Joseph here wholesaling in the Orlando, Florida market. I just want to give my feedback on this program overall. It's not going to be the most...

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Is Wholesaling Real Estate Legal In Idaho?

Located in the heart of the Pacific Northwest, Idaho is a state full of natural beauty. Wildlife, abundant lakes and streams, sweeping mountain landscapes, and vast areas of protected wilderness and recreation areas make the Gem State a desirable place to live and raise a family. 

Although only about 1.8 million people make their homes in Idaho, there are still plenty of opportunities to wholesale real estate.  Flipping houses is legal in Idaho as long as a wholesaler complies with Idaho real estate laws. 

That's why, if you're considering flipping properties in Idaho, you must understand state real estate laws as well as having a good understanding of resources and an overview of the real estate market.

        

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Pro Wholesaler VIP Program Review From Swimming World Champ: Randall Bal

 

Meet Randall - He's a Swimming World Champ, Former World Record Holder, and a member of our Pro Wholesaler VIP Program from Northern California!

Before enrolling in our program, Randall was initially overloaded with listening to podcasts and videos. Randall thought he had to do everything. Wasting time, money, and energy going through bandit signs, lead gen services, and other traditional marketing strategies trying to pin down real estate contracts.

Hear from World Champ, Randall Bal, on how the Pro Wholesaler VIP Program lives up to his standards, why he enrolled in the program, and how happy he is to move forward with the right training & coaching!

--- Pro Wholesaler VIP Program Reviews Transcription ---

Randall (00:02):

My name is Randall. I'm out of Northern California, and I wanted to create this short video to provide a brief testimonial to Alex, Ryan, and the Real Estate Skills Team to just highlight my experience with the Pro Wholesaler VIP 3.0 Program.

I guess just to...

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Morgan Closed A $26k Wholesale Deal! - Pro Wholesaler VIP Program Review

 

Meet Morgan - He's a member of our Pro Wholesaler VIP Program and wholesaled his first house for $26k in the Kansas City area!

Morgan didn't know much about real estate investing before getting started with us.  He just followed our program to the tee and got results!

Hear what Morgan has to say on becoming a Pro Wholesaler & how he made his first wholesale deal happen in this review!

--- Pro Wholesaler VIP Program Reviews Transcription ---

Morgan (00:01):

Hey, Pro Wholesalers. Hope you're doing great. My name is Morgan Greer & I'm wholesaling real estate in Kansas. And just a few weeks back, I was able to close my first wholesale deal and it was a pretty big one!

It went for a $26,000 wholesale fee, which I was just shocked and floored by and really encouraged by. And one of the things I really appreciate about the Pro Wholesaler VIP Program is their encouragement to build relationships with your cash buyers.

This deal actually came from the end buyer...

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Is Wholesaling Real Estate Legal In Mississippi?

Real Estate Wholesalers are investors who employ a technique in which they sign a purchase agreement (with the inclusion of an earnest money deposit) as the buyer. But then the wholesaler finds another party (often referred to as the end buyer) to purchase the real property (rental property, or otherwise) for a higher price – to wit, the profit earned as a middleman. 

Wholesale houses purchased by real estate wholesalers tend to be below market value and offered by motivated sellers and those facing financial distress and uncertainty, like with the circumstances created by a pending foreclosure.

When investing in wholesale properties, the contract’s buyer receives this transferable right by way of the contract through the Principle of Equitable Conversion or Equitable Interest.

Mississippi equitable conversion

Source

Because real estate investors may work several of these real estate transactions at once, they are referred to as 'wholesalers.'

Real estate wholesaling is similar to the fix and flip...

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Wholesale Question To Always Ask Realtors - Turn One Property Into 200! (Pro Wholesaler VIP Coaching Call Clip)

 

Here’s a clip from a recent Q&A Coaching Call for our Pro Wholesaler VIP Program where one of our students, Stevie, turned one potential wholesale deal into 200 by asking a simple question!

Come learn how one question, when asked the right way, can turn one deal into 200 when it comes to wholesaling houses from the MLS!

At Real Estate Skills, we help real estate investors to build hyper-profitable wholesaling & flipping businesses across the United States.

Every member in our program gets Lifetime Access to coaching every single week where we cover different topics & conduct: Deal Reviews, Comparable Property Reviews, Help our Students Find Cash Buyers & Build Key Relationships, Negotiation tactics, and even how to train & hire Acquisition Associates in order to scale & grow your wholesaling business!

Want to learn more about the Pro Wholesaler VIP Program? For more info, schedule a free Strategy Session Call with my team & I to see if it's the...

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