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Articles For Aspiring & Active Real Estate Investors

Is Wholesaling Real Estate Legal In Indiana?

Before considering wholesaling as a form of real estate investing in Indiana, you need to know if it is legal so you don't get on the wrong side of the law.

In this article, we'll answer the question: Is Wholesaling Real Estate Legal in Indiana?

 

What Do You Need to Know About Wholesaling In Indiana?

As the 17th most populous state in the U.S, Indiana presents many opportunities for wholesale real estate investments. In 2019, approximately 36,722 new residents moved to the state, bringing its total population to 6.73 million. Projections also show that by 2050, the state will have recorded a 10% increase in population,...

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Is Wholesaling Real Estate Legal In Oklahoma?

Strategically located as a jumping-off point for commerce headed throughout the United States, Oklahoma has enjoyed healthy economic growth in recent years. 

Due to this growth, the Sooner State offers a wide range of opportunities for people looking to enter the real estate field.  Warm weather, wide-open spaces, and affordable prices are a dynamic combination that spells success for agents, brokers, and wholesalers willing to work hard.

If operating a wholesaling business in Oklahoma sounds like an appealing career option for you, here’s what you should know as you weigh your options. 

 

What...

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Is Wholesaling Real Estate Legal In New York?

Wholesaling is simply a real estate investing technique that allows an investor to turn a profit by entering into a 'contract of sale' to buy real estate. This process requires an earnest money down-payment held in escrow. Once in contract, the buyer can then sell their right to purchase (known as equitable conversion) to an end buyer for a profit.

Often, the primary objective of a wholesaler is to enter in a purchase contract for real property, with a purchase price that is below market value – which may include a home in foreclosure or disarray.

When wholesaling real estate, the asset being sold is the buyer's contractual rights rather than the property itself.

While real estate as a wholesaling business is legal and offers a smart real estate investing technique to earn significant profits, the wholesale deal must be executed carefully with due diligence that weighs legalities appropriately and the anticipated outcomes.

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Is Wholesaling Real Estate Legal In Missouri?

Missouri has a robust economy that centers around industry. The state is a leading producer of aerospace and transportation equipment, and it also exports chemicals, food products, machinery, fabricated metal, and electrical equipment. Thanks to a diverse economy, Missouri also has many opportunities for those interested in real estate investing.

With more than 6.1 million residents — 492,000 of them in Kansas City — Missouri is the 18th most populous state in the United States. There are plenty of opportunities to make money by investing in real estate in the Show-Me state, which has 2.8 million housing units, according to the U.S. Census.

Many people become brokers or real estate salespeople in Missouri. However, there are other ways to make money on the MO real estate market, such as becoming an inspector, mortgage broker, real estate attorney, or finding unique ways to invest.

Some people choose...

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Is Wholesaling Real Estate Legal in Arizona?

With a warm climate and a friendly, pro-business stance, Arizona has enjoyed steady growth in recent years. Phoenix has become a sprawling contemporary center for commerce, recognized for a highly educated workforce and a low tax base, and as a great place to raise a family.

Other areas of the state, while much smaller, also provide ample opportunities to make money in real estate. 

Several people choose a traditional career path in real estate in Arizona.  However, many others are excited about the freedom and flexibility that a career as a real estate wholesaler can offer. 

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Is Wholesaling Real Estate Legal In Wisconsin?

Real estate wholesaling is often an individual's first entry into real estate investing. This strategy offers a viable option to sell a property without having to purchase the property first. Real estate wholesalers in Wisconsin search for properties priced below market value (which may be available for a host of reasons), and they choose to flip the real estate for a profit without the need to renovate or the need for large sums of money.

But is wholesaling real estate legal in Wisconsin?

The short answer is yes – the strategy of wholesaling real estate deals in Wisconsin is legal if the transaction complies with Wisconsin law.

Real estate wholesaling is often referred to as flipping paper for a profit. Real estate wholesalers acquire the rights to buy a home – by signing a contract with a seller. A real estate wholesaler, who holds equitable title, can then sell/assign (for a profit, hopefully) their contractual rights to another buyer – who is often called the ...

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Is Wholesaling Real Estate Legal in Nevada?

If you’re interested in real estate investing, the Silver State could be a potential goldmine of opportunities for you.

Few economies can rival the sustained visitor and tourism vitality of Las Vegas, but Nevada, strategically situated between California, Arizona, Utah, and Colorado, holds promise in all parts of the state.

Many people do exceptionally well as Nevada real estate professionals.  Some opt for a traditional career, but others are excited about the possibility and the freedom of wholesaling.

 

What Do You Need To Know About Wholesaling In Nevada?

Las Vegas is far and...

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Is Wholesaling Real Estate Legal In Georgia?

Georgia is considered one of the primary economic hubs of the southern United States. 

Centrally located between Florida, the Carolinas, and the Atlantic Ocean, the state is home to Atlanta, a modern, dynamic metro area that is Georgia’s capital and home to six million people.

According to World Population Review, the state also has the distinction of being the largest east of the Mississippi River and boasts a healthy homeownership rate of 63.3%

This means the housing market in Georgia remains strong, with lots of transactional opportunities for people considering a real estate career.

Many opt for a traditional career path, but others are also intrigued by the possibility of wholesaling real estate in Georgia as a viable alternative.

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Is Wholesaling Real Estate Legal In Michigan?

Michigan has long been recognized as one of the industrial giants in the United States.  Driven by the auto industry and thousands of feeder businesses, the state has undergone changes in recent years but is still a vibrant economic powerhouse.

Residential sales throughout the state remain strong, offering lots of opportunities to find real estate deals for aggressive go-getters. 

According to the U.S. Census, the Michigan real estate market is huge.  There are more than 4.6 million housing units for the state’s 10 million people. 

If you’re considering a career in real estate in Michigan, you should be encouraged by the state’s vitality. You can opt for a traditional career path but many people are also intrigued about the possibility of wholesaling Michigan real estate as a viable alternative.

Here’s what you need to know.

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Is Wholesaling Real Estate Legal In Florida?

For decades, Florida has remained one of the most attractive places to live in America.

The perfect mix of a mild climate, economic opportunities, a growing population continues to create a dynamic mix of opportunities for millions of people.

New building is booming with almost $20 billion in non-residential construction and another $33 billion in residential construction in 2019, placing Florida sixth in the United States.  Building permits also continue to grow at a double-digit pace, further strengthening the housing, transportation, manufacturing, and other related sectors.

The bottom line is that there is a sustained healthy demand for real estate from top to bottom in the Sunshine State.  New investors looking for bargains at or below market value are plentiful and real estate investing remains an attractive and profitable venture for many people.

Many Floridians are cashing in on this demand, enjoying traditional paths in the real estate field as brokers or...

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