Happy Monday everyone! Reminder that no one is coming to save you. We all have problems, we are all tired, we all don’t feel the best everyday, but your goals don’t care about that Everyone inside the academy has all the information, tools, resources and support to be successful. All you have to do is implement it consistently. Let’s have a great week everyone 💰🍾

New Wholesaling Regulations in VA There is a new regulation about wholesaling in Virginia, but before I talk about it I want to say something important. Please do your homework. Misinformation is everywhere. The Youtube and TikTok gurus are already making videos claiming wholesaling is illegal in the state of Virginia now. This is how misinformation spreads. Anyone get get on social media and share unchecked facts. And anyone choosing not to use their own common sense, will take these things at face value instead of doing their own homework first. Please do your homework and find things out for yourself. Don't rely on anyone else to do it for you. Not even me. Rant over. Let's talk about what this regulation (HB917) is all about. Essentially the state added to the definition of what constitutes real estate brokering (which requires a license) and included the verbiage Department of Professional and Occupational Regulation; definition of a real estate broker. Adds to the definition of "real estate broker" any individual or business entity who sells or offers to sell, buys or offers to buy, negotiates or otherwise deals in real estate contracts, including assignable contracts, on two or more occasions in any 12-month period for compensation or valuable consideration. The bill contains technical amendments." Which essentially means that if you are assigning more than once a year, you need to have a real estate license. Which is basically the same rule that Illinois put into place not that long ago. Did you see the word illegal in that excerpt? I didn't! Wholesaling is not illegal anywhere. All that's changed in VA is you have to be licensed if you want to complete assignments of contract. There are no limits to double closings and no limits to the number of homes you can buy and then immediately re-sell (whole-tailing). So don't freak out. Either get licensed or start double closing your deals. If you want to read the bill yourself, here is the link: https://lis.virginia.gov/cgi-bin/legp604.exe?241+sum+HB917

I close in 2 weeks on Dudley, NC property. $10k that I have to split with my JV partner. Onward and upward!!!

Does anyone have any deals in Memphis that is not in 109 zip code? My buyer needs 2 properties now. Whatchagot?!

On the market in 2weeks time Got under contract at for $710k Rehab was $260k 5 bedroom 3.5 bathrooms ARV is a 1.3m 2900sqft