Saturday Quick Tip -- Wholesalers Beware: More States Moving to Shut Down Wholesaling
Wholesale Hotline | Brent Daniels
Wholesale Hotline
4.9 • 586 Ratings
🗓️ 3 May 2025
⏱️ 20 minutes
🧾️ Download transcript
Summary
On today's Wholesale Hotline Podcast (Special Saturday Edition), we help you start your weekend right offering tips, news and mindset advice.
Show notes -- in these episodes we cover:
- Tips to level up your wholesaling business.
- Motivation to keep you going on your real estate journey.
- The latest industry news to keep you updated.
Please give us a rating and let us know how we are doing!
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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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Transcript
Click on a timestamp to play from that location
| 0:00.0 | Hey, it's Jerry Norton. |
| 0:04.2 | Welcome to the Wholesale Hotline podcast and the Flipping Mastery Breakout. |
| 0:08.0 | We want to know how we're doing, so please leave a comment and give us a rating. |
| 0:17.6 | The crackdown on wholesaling residential real estate continues as more states introduced regulation, |
| 0:23.8 | and just as I predicted, the regulation is getting more aggressive. I'm going to share two new states |
| 0:29.8 | that have introduced bills that have passed could drastically change the way we operate as an industry. |
| 0:35.7 | Now, one of these bills is aiming to make wholesaling |
| 0:38.0 | entirely illegal without exception. So this is a big deal. My name is Jerry Norton. I've been a |
| 0:47.9 | full-time wholesaler and real estate investor for over 20 years. I've also been the loudest |
| 0:52.5 | voice in the industry about wholesale regulation and how you and I |
| 0:56.6 | and all of us need to not just raise the bar and operate at a higher level, but also how we need to |
| 1:02.1 | come together and unify as an industry and how to pivot and adjust regulation where necessary. |
| 1:08.6 | I'm going to share some more about these ideas and updates as well, |
| 1:11.6 | so stay to the end of this video. By the way, I maintain a free report with all of the states |
| 1:16.1 | that have passed regulation and the specific requirements to wholesale legally. Remember, |
| 1:21.2 | the laws apply where you transact, not where you live, and I am not an attorney, nor do I |
| 1:26.2 | give legal advice. It's your responsibility to understand and follow the laws where you transact. |
| 1:31.7 | Now, to get the latest update to my free report, go to wholesale regulations.com. |
| 1:36.5 | I also have an entire playlist of videos where I break down these regulations, as well as how to |
| 1:41.9 | operate a wholesale business morally and ethically and with full |
| 1:45.2 | transparency. I'll put that playlist link in the description below as well. Now as of this recording, |
| 1:50.3 | there are two states that have introduced new bills on regulating wholesaling and they are North |
... |
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