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REIunite - Bringing Together Real Estate Pofessionals of New Jersey

REIunite is an online community that strives to connect real estate professionals through the use of technology. The goal of the group is to share information, educate investors of all experience levels, and bring together all real estate groups/professionals of New Jersey.
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REIunite - Bringing Together Real Estate Pofessionals of New Jersey
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Now displaying: November, 2015
Nov 6, 2015

Chris Goodson is a real estate attorney in New Jersey. In this podcast Chris talks about the "do's and don'ts" of wholesaling. 

Show Notes:

-Contract Red flags
-Initial intentions
-Starting with wholesaling (the safe way)
-Parties on the contract
-Practicing real estate without a license
-Clauses NOT to use
-Equity skimming
-Options and Flex Options
-Assignable contracts
-Flex Option Alternatives
-Marketing of the Property under contract
-Earnest money deposit & sweat equity into the deal
-Disclosure for Licensed agents under contract
-Using wholesaling as a vehicle to building your empire (long term wealth)

Highlight Tips:
"[Buyers Name] and or LLC to be formed" should be added to contract
"Contract Vendee" should be specified on your marketing material

Resources:
Chris Goodson
www.njreclub.com (meets the 3rd Weds of every month)
www.goodsonlawoffices.net

References made to Jeff Watson's video regarding Wholesaling Legalites can be found here: http://watsoninvested.com/wholesaling/

For more video podcasts visit http://www.reiunite.com
Also, join the continued discussion for beginner to advanced real estate investing throughout New Jersey on our forums: http://www.reiunite.com/community

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