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Wholesaling Inner Circle

2.6k members • Free

19 contributions to Wholesaling Inner Circle
Starting October 1, 2025, North Carolina HB 797 takes effect, requiring wholesalers to have a real estate license
The body of North Carolina House Bill 797: https://www.ncleg.gov/Sessions/2025/Bills/House/PDF/H797v2.pdf It was passed by the NC House in April 2025, had its second reading in the NC Senate in June 2025, and nothing indicates to me that the governor will block it or veto it or anything. Expect it to come into effect on the first of October 2025. There’s a good summary of what you need to do now to be ready for the law change in just under a month here: South Elm Capital, August 28, 2025: “What North Carolina’s HB 797 Means for Real Estate Investors — And How to Stay Ahead” https://southelmcap.com/what-north-carolinas-hb-797-means-for-real-estate-investors-and-how-to-stay-ahead/
1 like • 20d
@Muslimah Suluki agreed. Double closing with transactional funding will never go away. Not everyone wants to be a licensed agent and that’s ok . It’s enough room for all when done correctly and professionally.
ATTOM Ranks Best Counties for Buying Single-Family Rentals in 2025
“According to ATTOM’s Q1 2025 Single-Family Rental Market Report, areas like New York City, Atlantic City NJ, Birmingham AL, Mobile AL, and Odessa TX top the list for highest potential returns… ATTOM identified 28 counties that offer a promising combination of high rental yields and rising wages — suggesting ongoing potential for SFR growth. These include Wayne County MI (Detroit); Cuyahoga County OH (Cleveland); Shelby County TN (Memphis); and Suffolk County NY.” https://www.attomdata.com/hnr/where-to-invest-in-single-family-rentals-in-2025 As I always say: men lie, women lie, but the data don’t lie…so follow the data. Full report: https://www.attomdata.com/news/most-recent/2025-single-family-rental-market-report
1 like • Jul 8
great info thanks for the link man
Need some help.
Hey guys, mine is pretty short and simple, but essentially im pretty good at finding leads and can find them with relative ease and can have whole lists of different types of potential leads/properties for deals however im unable to find buyers, and struggle ive gone through multiple forums and videos on it but still struggle, any help?
0 likes • Apr 21
So the first thing that I see is that you are doing this as a side hustle. You CAN NOT look at this as a side hustle . Real Estate investing / wholesalers is not a hustle . This involves a lot of work, from finding the distressed properties, to finding the owners. or heirs, to finding the correct comparable (comp) to contacting and establishing trusts with the owners to then pushing out to the end buyer . The end buyer you have to vet out as first a REAL buyer and not a tire kicker , not a low baller, you then have to remember that YOU control the deal and that it should be a win win for ALL involved. This is not a side hustle of any sort. Wholesaling is a very valuable tool in the real estate world and is done at all levels. Remember that. Now as far as you not finding buyers you have to look at a few things: 1: are your numbers or offers making sense? Does the number you are offering out for that property make sense to the buyers you are marketing to? 2: are the buyers you are talking to real buyers ? 3: Is the area the property you have locked up a area that people are buying in . Meaning is it a competitive market. ( a simple google search of the area you are trying to do deals in will suffice: google: is Indianapolis a competitive market?) 4: You have to carve out real time to focus on pushing out good deals to real end buyers. You may even team up with another wholesaler and have them bring the end buyer . this is called a JV or joint venture deal. Draw up an agreement the you will each reaceive 50% of the wholesale fee for your part of the deal. The JV only has 3-5 days to get the end buyer before the jv agreement is void. Then you move on to the. next. Also not that you should do a affadavit of title with the court if you don't trust others with your deal . Once you have gotten your end buyer then go back to the court house you filed in and remove the affadavit of title ( thats the professional and responsible way to do a cloud title) Good luck or get out the business because this cannot be a side hustle. that is one of the reasons wholesalers are negatively talked about. Good luck
0 likes • May 21
@Andrzej Badiere unfortuanately man you can't avoid the tire kickers they will show up here and there. One way to weed them out quicker is to ask a few questions. I need to see your proof of funds( sometimes they will send to you before you ask) Ask are they coming in as a cash buyer or are they trying to bring a buyer( most will let there guard down then and tell you their true intentions.). From there you can decide if you want to do a JV deal with them or move on. In your post or marketing on social platforms be firm that this deal is not a JV deal and NO daisy chaining. To go a bit further you can ask to see their last 2 closing statements as a buyer. On facebook for example, in the search box of every group you can type in the words cash buyer and some of the old posts that pull up a lot of cash buyers put their email contact info in the reply post. And finally you can buy a cash buyers list and go to your local REIA meet ups where a lot of cash buyers come to .
Wholesaling Illegal In NV?
I searched up this topic before doing my research on wholesaling, and in NV Las Vegas, wholesaling is allowed with the exception of legal considerations like disclosure of your role and ethical practices as the unlicensed wholesaler.
1 like • May 13
Also you can still wholesale with a double closing A to B then B to C agreements just have your transactional funding available. You don't have to assign. Assigning passes everything over to the end buyer but if you don't want to show that you as a wholesaler will be making 50k on a deal because your numbers are really good on both sides then double close you just pay on your side the closing costs but thats part of your transactional funding. Research transactional funding and look for the ones with the best rates. Assignments are an option not the ONLY option
1 like • May 14
@Olympia Goodwin @Eddie Nwabuoku great info man and Im glad you got her the information. We have been out here in the field all day. Thanks
Effective Lead Generation Strategy
What methods or tools are you currently using to find leads? What strategy do you like the most? If you had to do it again what's the most important tip you would give yourself as a newbie?
1 like • May 13
The methods or tools we use currently are CRM systems ( REIpro, Prop stream). Word of mouth and auction sites. The strategy we like the most is honestly a combination of both CRM and auction sites. If i had to do it again the most important tip i would give myself as a newbie would be target the truly motivated seller through marketing and follow up ( motivated seller needs peace of mind over everything)
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Tony Hooper
3
27points to level up
@tony-hooper-8465
Acquisitions Manager for Cash House Buyers Team LLC. Established in 2019 in Atlanta Ga. We are solutions driven and seek to be successful with others

Active 20d ago
Joined Jan 21, 2025
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