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Articles For Aspiring & Active Real Estate Investors

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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Is Wholesaling Real Estate Legal In South Carolina?

South Carolina is a beautiful and diverse state, steeped in history and with picture-perfect small towns, and friendly locals everywhere you go.

Many people call the Palmetto State home, and more people want to live here than ever before.  The same holds true for the entire southeast United States, as more and more people migrate to nearby states such as North Carolina, Georgia, and Florida.

That means there are all kinds of opportunities to do well in the real estate industry.  Many people make a great living as traditional agents and brokers, others as real estate investors.

Still, more and more, many people are looking for a flexible alternative which is why many people are exploring real estate wholesaling as a possible career.

The first questions many people ask is whether or not wholesaling is legal in South Carolina?

And if so, what else do I need to know?

Here are some of the answers for you.

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How To Find Distressed Properties To Buy | Real Estate Skills

Finding a property to wholesale or invest in is a tricky task for those getting into real estate for the first time. The truth is, real estate investors are always trying to find new ways to obtain the best deal, whether it's their first house or one-hundredth investment property!

One of the most reliable and consistent methods to land great deals is by focusing your efforts on acquiring distressed properties.

No matter what type of distressed property you're going after, many investors aim to buy something that needs work, improve it, then rent or flip the house to turn a profit. 

According to research done by ATTOM Data Solutions, while the national house flipping rate dropped in 2020, the average gross profit increased to $73,766 profit per flip and has been hitting record highs since 2000!

While it does take time and resources to renovate and resell these kinds of properties, the return on...

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Is Wholesaling Real Estate Legal In Alabama?

Located deep in the heart of Dixie, Alabama is a thriving epicenter for all manners of commerce. 

Locals enjoy warm weather and a relaxing prototypical lifestyle that attracts many people to the ‘Bama way of life.

That creates a healthy demand for real estate, and while many people work in this field following a traditional path as a broker or agent, several others want to know about breaking in as a wholesaler.

The prospect of a flexible and potentially lucrative career as a wholesaler starts with a single question.  Can I even become a real estate wholesaler in the state of Alabama?

Let’s take a look at the answer to that question and several more.

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Is Wholesaling Real Estate Legal In California?

As the most populous state in the nation, California offers almost unlimited opportunities for people who want to pursue careers in the real estate industry. 

Many people become agents and brokers or enter into related fields such as real estate investing, mortgage and title, real estate attorneys, insurance/inspection experts, and many others. 

One possible career option that sometimes gets overlooked, and one that generates a fair amount of questions, is whether or not wholesaling is legal in California. 

 

What Do You Need To Know...

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Wholesaling Tax Delinquent Properties: The (Ultimate) Guide

Every property owner in the United States, regardless of the property size or if the mortgage is paid in full, will pay taxes on the land itself. In fact, property tax collection revenue accounts for 72% of all local tax revenue collected annually.

Real estate tax revenue is a foundational source of revenue for local counties to keep running. But what happens when property owners are unable to pay their property taxes? 

Tax delinquent properties can become a burden to the collecting county or state. However, savvy real estate investors understand that tax lien investing or wholesaling tax delinquent properties can provide a great solution to these motivated sellers while creating an optimal investment opportunity.

Often, investors who are willing to tackle wholesaling tax delinquent properties will also have experience working with distressed sellers on foreclosure or pre-foreclosure deals.

Interested to learn more about this untapped and profitable real estate investing...

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