Updated almost 6 years ago on . Most recent reply
Wholesaling in Ohio
I’m a very new real estate investor and the idea of wholesaling is very interesting and enticing to me. My question would be how do you ensure in Ohio that without a license what you’re doing is completely legal and you aren’t taking any legal risk. I understand how controversial wholesaling seems to be so for anyone who does it currently how do you advertise your homes for sale without breaking our state laws?
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#4 Wholesaling Contributor
- Wholesaler
- Austin TX
@Joshua Culbertson Unfortunately we live in a country where anyone can sue anyone for anything. Get a good attorney and let them advise you. Thats honestly the best you can do. The more money you make the more of a target you become, no matter how you play by the rules. I have a good friend that owns a multimillion dollar company (not real estate related) and he tells me that he has paid hundreds of thousands of dollars to people that had no case against him simply because it would cost him even more in legal fees and court costs. This is the downside to success. Cant wait to make my 500 million and retire to my private island lol