The reason why I don't wholesale in these states 👀
30 Jan 2024 · 0 min
0:16
In this brief YouTube clip, Tyson Smith explains why he avoids wholesaling in two U.S. states. He states that Illinois limits a person to only one wholesale real‑estate deal per year unless the individual holds a realtor’s license, making it impractical for his business model. He also notes that Oklahoma effectively requires a real‑estate license to wholesale, presenting a similar barrier. While he acknowledges that workarounds exist for both states, he chooses not to discuss those methods in this segment, simply identifying the legal constraints as the reason for his avoidance.
