The next State to come down hard on wholesaling is Iowa. Not only is Iowa requiring that wholesalers get a real estate license but Iowa is also mandating that wholesalers provide heavy disclosure upfront to sellers prior to entering into contract. But the scariest thing about this new law is Iowa may have closed a major loophole by stopping the double close technique. And the fines are pretty severe so you’ll want to pay close attention and make sure you comply.
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PLAYLIST: Wholesaling Laws & Regulations
https://www.youtube.com/playlist?list=PLNDQ7qfA7mThWFUjyBN6sxGX56ZYw7lgl
This podcast was originally released on YouTube. Check out Jerry Norton's YouTube channel, with over 2,000 videos on all things wholesaling and flipping!
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About Jerry Norton
Jerry Norton went from digging holes for minimum wage in his mid 20's to becoming a millionaire by the age of 30. Today he's the nation's leading expert on flipping houses and has taught thousands of people how to live their dream lifestyle through real estate.
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