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Brian Davila Show - Real Estate Investing, Building Wealth, Faith Based

When Should You Have Legal Representation In Your Business?

Brian Davila Show - Real Estate Investing, Building Wealth, Faith Based

Wealthy Investor - Real Estate Investing, Real estate, Build Wealth, Faith Based

Wholesaling Real Estate, Rental Property, Real Estate Investing, Investing, Business, Real Estate, Flipping Houses

2.5884 Ratings

🗓️ 18 December 2023

⏱️ 10 minutes

🧾️ Download transcript

Summary

We want to coach you at Wealthy Investor! Book a call with the team here - https://wealthyway.co/yt--Are you living The Wealthy Way? Take the quiz and get FREE access to the “Wealth Builder Academy” where Ryan goes over all the fundamentals of building wealth. https://www.wealthyway.com/Would you like our team to help build your personal brand? Apply to join Pineda Media at https://wealthyway.co/rj9Looking to grow in your faith and business? Join Wealthy Kingdom today https://wealthyway.co/dy...

Transcript

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0:00.0

Is outbound text messaging legal?

0:04.0

Yes, yes it is.

0:06.0

Is it really?

0:07.0

Because I thought it was a violation of the TCPA Act.

0:11.0

No, so there's a lot of confusion between two bodies, the

0:15.9

TCPA and the CTIA. CTIA.

0:20.3

CTIA. I've never heard of that. Yeah, so the basic breakdown goes like this.

0:25.8

TCPA is federal regulations. There are state versions of this as well, but it's

0:32.4

regulation of the

0:33.2

telecom industry.

0:34.3

TCPA is very macro. It's very big and it applies almost exclusively

0:39.9

to robo-diling or just like auto calls, right?

0:46.3

It doesn't really apply to text messaging.

0:49.6

The only thing, caveats for text messaging is that if it's outbound is that it

0:56.5

it can't be through an auto dialer which launch control is not and you cannot

1:01.9

sell a product or a service. So you can't be like 30% discount blah blah

1:07.6

that you have to have opt-in to do. If you have opt-in you can text message

1:12.1

anything that you can sell a product or service you can give discounts you can do whatever

1:17.0

Wholeselling a service or is being a real service? Well that's an important distinction. Okay, so wholesaling, because you are not taking a commission for what you're doing,

1:28.0

you're not actually providing a service, you're just a middleman in a transaction. The homeowner doesn't necessarily know that, but if you're not paying, the homeowner isn't paying a fee to a wholesaler, it's just a transaction between two individuals. So it's not a product or a service that's being sold.

1:47.0

And this has been tested and proven. It's not something, it's the thing that people worry about yeah and it's not what they should be

1:56.1

worried about okay because there we send millions and millions of messages a month that that isn't where people have issues, where people have issues is with the

...

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