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Articles For Aspiring & Active Real Estate Investors

Is Wholesaling Real Estate Legal In New Hampshire?

Although it’s one of the smallest states in the nation at just over 9,300 square miles, like its immediate neighbors Vermont and Maine, New Hampshire is a beautiful and visually striking place nestled in the heart of New England. 

If you’re thinking about real estate wholesaling in New Hampshire, we’ve got some important information you’ll want to know.

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Is Wholesaling Real Estate Legal In Delaware?

Real estate wholesaling has made investment headlines lately. While it is not a new real estate investment strategy, its recent popularity can be attributed to some of the benefits it offers real estate investors. Here are the impressive benefits available to consider for both investors and wholesalers –

  • Wholesale real estate investing allows you to enter the real estate marketplace with little capital requirements when compared to other available and profitable real estate investment strategies, like fix and flips, etc. Wholesalers are required to provide an earnest money deposit as evidence of good faith.
  • Real estate wholesaling can be profitable, primarily when implemented during a market that is rapidly appreciating.
  • A real estate wholesale deal is a terrific way to learn the business from the inside out and build a network of referrals, lenders, and, most importantly, a curated buyers list of cash buyers.

Real estate agents and licensees often voice their concern that...

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Is Wholesaling Real Estate Legal In Iowa?

Real estate wholesaling is a real estate investing technique in which real estate investors begin by entering into a legally enforceable contract of sale to buy real property (rental property, investment property, or otherwise). The rights awarded by the executed contract (through the Doctrine of Equitable Conversion) are then sold to another buyer (often called an end buyer or a cash buyer). 

equitable conversion iowa

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The Doctrine of Equitable Conversion legally determines how a property’s ‘equitable title’ is modified when a contract is fully executed. When executed, the buyer receives equitable interest in the property. In contrast, the seller’s interests at this time convert to personal property, with a primary function to act as security until closing. 

The property’s ownership hits a gray-legal area when a purchase agreement is fully executed. At this time, the ownership of the property is shared among the seller and the buyer in accordance with the rules...

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Is Wholesaling Real Estate Legal In Hawaii?

The technique known as real estate wholesaling has become a mainstream real estate investment trend recently. Although certainly not a new investment strategy, wholesaling real estate deals has risen in popularity primarily driven by a real estate market appreciating at unprecedented levels – while laughing in the face of a pandemic, a global event once anticipated to hit the world economy meteorically negatively.

A real estate wholesaler essentially acts as a middleman, which is hardly a radical idea when one considers the latitude of permittable actions within the worlds of capitalism and big biz. The process, in theory, is simple. A wholesaler finds an available property for sale (be it a rental property or not), usually priced below market value, and enters into a contract of sale to purchase the property from the homeowners. The reduced price is key, so it helps to understand that these available deals are often distressed properties or those available due to a seller...

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Is Wholesaling Real Estate Legal In Washington State?

Real estate wholesaling has recently become a popular investment technique. However, its machinations are nothing new and legal if the real estate wholesaler stays within the legal limits set forth by the state of Washington.  Wholesaling real estate in Washington has these advantages -

  • Wholesale properties offer investors an entrance ramp into real estate with little capital requirements. Most wholesale transactions do, however, require buyers to put an earnest money deposit with a neutral party as an act of good faith – until the transaction is complete.
  • Wholesaling houses a profitable investment technique, primarily implemented during a rapidly appreciating market, with a couple of viable exit strategies, including the double close.
  • Real estate wholesaling is a smart way for new wholesalers to obtain practical experience. While learning the trade, less experienced real estate wholesalers can also build a good buyers list of cash buyers, other types of end buyers, and...
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Is Wholesaling Real Estate Legal In Kentucky?

Are you curious to know if and how you can wholesale properties in Kentucky? Are you new to real estate investing and considering it as a career?

If this sounds like you, read on!  We've got a lot of the answers you're looking for.

                                          

What Do You Need To Know About Wholesaling Houses In Kentucky?

The Commonwealth of Kentucky is home to about 4.5 million people. More than a quarter of Kentucky's population lives in Jefferson, Fayette, and Kenton counties.

Seven other states...

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Is Wholesaling Real Estate Legal In Massachusetts?

Real estate wholesaling is an investment technique that has recently become quite popular because –

  • Real estate investing using a wholesale strategy requires little in terms of capital requirements, except that which is required for an earnest money deposit.
  • As an investment technique where one acts as a middleman, real estate wholesaling is profitable, especially with a rapidly appreciating market.
  • Real estate wholesaling allows new investors to gain practical experience, which includes building referral relationships with lenders and curating a buyers list of cash buyers.

With its rise in popularity, opponents have voiced concern, contending that real estate wholesalers are violating license law by performing actions that rise to a level that requires a Massachusetts real estate license.

This is simply not true. Wholesaling principles are present throughout a competitive marketplace, seen even in the local lemonade stand run by the neighbor’s kid. Wholesaling real...

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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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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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