In this episode of Ask Joe Anything, Real Estate Attorney Joe Seagle discusses the Do's and Don'ts of wholesaling. He explains that wholesaling involves investors getting properties under contract at a low price and then assigning the contract to an end buyer for a fee. He emphasizes the importance of advertising the property as an assignment of contract to avoid practicing real estate without a license. Joe also addresses recent legislation in South Carolina that some believe will end wholesaling, but he disagrees and believes it simply codifies best practices. He warns wholesalers to be cautious of legislative and regulatory scrutiny and to address any issues promptly to protect the industry's reputation.

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Resources Mentioned: South Carolina Wholesaling Opinion: https://www.biggerpockets.com/blog/new-south-carolina-law-would-severely-crack-down-on-wholesaling

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