Updated over 9 years ago on . Most recent reply
Becoming A RE agent, and Joint Ventures
In need of a few opinions: I am taking my RE Exam for licensing this week. I have an LLC, which I use for wholesaling, and I also purchase tax liens under the LLC as well. Since it's so close to receiving my license, I received 3 JV's within the last 2 days. I figured it would be safe to just Joint Venture, instead of the complete wholesale process myself. I know there is a fine line between being an agent and wholesaling. Even my spirit tells me to not continue with wholesaling! So wholesaling is out, becoming an agent is a thumbs up for me, but i'd still like to JV while being an agent. I just feel like since i've got my own cash buyer list, and i'm not doing any of the work, it's ok to just cash the check. Thoughts?
Most Popular Reply
I am an agent in Orlando and I still do wholesaling. All you have to do is tell all parties you are an agent.