This episode discusses the legality of wholesaling real estate, addressing misconceptions about wholesaling bans. We argue that recent state regulations are not outright bans but rather an attempt to legitimize the industry, similar to how other emerging markets like cryptocurrency have been regulated. We categorize wholesaling laws into high-alert, disclosure/intent, and marketing categories, analyzing specific state laws within these categories. Finally, we advocate for transparency, disclosures in contracts, and the use of double closings to mitigate legal risks and encourage ethical practices within the wholesaling community.Don't forget to follow The Bearded Lender on Facebook, Instagram, Linkedin & TikTok! Also check out our blog at https://thebeardedlender.wordpress.com/DISCLAIMER:We are not lawyers and this is not legal advice. We recommend consulting with a lawyer when making any type of legal decision.

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