Tennessee Wholesaling Regulations: Equitable Interest Disclosure & Takedown Method
- Authors
- Published on
- Published on
Today on Flipping Mastery TV, we delve into the thrilling world of Tennessee's latest wholesaling regulations. Tennessee has joined the fray, introducing strict rules that demand wholesalers to disclose their equitable interest to both buyers and sellers. This means detailing assignments, novations, and double closings before the transfer of legal title. Recent Tennessee case law has made it crystal clear that selling equitable interest requires a real estate license, adding a new layer of complexity to the game.
The team at Flipping Mastery TV breaks down the new law, emphasizing the importance of notifying sellers three days before contracting with a new buyer. To assist viewers in navigating these regulations, they generously offer free contracts and addendums for proper disclosure. But fear not, for there's an alternative to traditional wholesaling - the "takedown method." This ingenious approach involves buying distressed properties at a discount, taking ownership, and selling for a profit without the need for licensing or disclosure hassles.
In true Flipping Mastery TV fashion, they highlight the benefits of the takedown method, promising the potential for two to four times more profit compared to conventional wholesaling. By sidestepping the complexities of brokering, this method offers a straightforward yet lucrative strategy for real estate enthusiasts. Viewers are encouraged to explore the provided resources and a pilot program to master this innovative approach. So buckle up, gearheads, as Flipping Mastery TV takes you on a wild ride through the evolving landscape of real estate wholesaling in Tennessee.
Image copyright Youtube
Image copyright Youtube
Image copyright Youtube
Image copyright Youtube
Watch NEW Wholesale Regulation in Tennessee! on Youtube
Viewer Reactions for NEW Wholesale Regulation in Tennessee!
Discussion about setting up winter camp in Tennessee for real estate business
Mention of government involvement in real estate transactions
Questions about novation agreements, transactional funding, and double closing
Concerns about regulations and licensing for wholesaling in Tennessee
Concerns about potential conflicts with new buyers contacting sellers directly
Inquiry about the timeline of the new law and its implementation
Related Articles
Dwayne's Journey: Mastering Off-Market Real Estate Deals
Discover Dwayne's inspiring journey into off-market real estate deals on Flipping Mastery TV. Learn about the importance of caution with agents, the value of clear vision, and the strategic networking tactics that led to his success. Gain insights into finding, analyzing, and making offers on hidden gem properties.
Mastering Repair Cost Calculations: Flipping Mastery TV Tools & Tips
Learn how to accurately calculate repair costs for distressed properties in this Flipping Mastery TV episode. Discover a standardized process, an algorithm, and an instant deal analyzer tool for quick and precise estimates. Revolutionize your property flipping game today!
Tennessee Wholesaling Regulations: Equitable Interest Disclosure & Takedown Method
Learn about Tennessee's new wholesaling regulations on Flipping Mastery TV. Understand equitable interest disclosure requirements and explore the lucrative "takedown method" as an alternative strategy for higher profits. Access free contracts and resources for compliance.
From Corporate Sales to Real Estate Success: Clarissa's Houston Journey
Flipping Mastery TV explores Clarissa's journey from corporate sales to real estate success, emphasizing zero-cost deals, off-market strategies, and relationship building in the Houston market.