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EP145: Ohio Just Regulated Wholesaling: Here’s What You Need to Know
In this episode of Properties to Profits, I break down the impact of Ohio’s newly passed Senate Bill 155—a law that now officially regulates wholesaling activity in the state. I walk you through what this bill actually says, what’s required moving forward, and how I’m adapting my business to stay compliant without slowing down.
We cover what this law gets right, what it completely misses, and how smart investors can actually use this moment to get ahead. If you’re wholesaling in Ohio—or anywhere else watching what’s happening here—this episode will give you the real insights you need to keep moving deals, stay legal, and win while others panic.
Episode Timeline
[0:00] Ohio Senate Bill 155 is here—what it is and when it goes into effect
[1:14] Why disclosure isn’t the real problem with wholesaling
[1:57] What the new law actually requires in contracts
[2:21] The 5 new disclosures every wholesaler must include
[3:02] Who is (and isn’t) affected—double closes, novations, and direct buyers
[4:03] Our plan: more direct purchases, strategic compliance
[4:35] Why this could be an advantage for ethical, established wholesalers
[5:10] Penalties, fines, and what happens if you don’t disclose properly
[5:46] Why this won’t destroy the industry—but it will shake out the amateurs
[6:06] The change I wish they made: enforceable contract timelines
[6:35] My take on what’s next—and how to stay ahead
3 Key Takeaways
Ohio SB 155 requires five key contract disclosures for wholesalers—starting mid-February.
This won’t kill the industry—but it will scare off the unprepared and unprofessional.
If you’re ethical, proactive, and focused on value, this can actually give you a major edge.
Links & Resources
Follow me on Instagram: @realestatemike02
Subscribe to the Properties to Profits podcast for more updates on real estate regulation, strategy, and growth
Enjoyed the episode?
If this episode helped you understand what’s changing in Ohio—or what could be coming to your market—subscribe, drop a review, and share it with a fellow investor. Let’s keep turning properties into profits—together.
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By Michael SmithIn this episode of Properties to Profits, I break down the impact of Ohio’s newly passed Senate Bill 155—a law that now officially regulates wholesaling activity in the state. I walk you through what this bill actually says, what’s required moving forward, and how I’m adapting my business to stay compliant without slowing down.
We cover what this law gets right, what it completely misses, and how smart investors can actually use this moment to get ahead. If you’re wholesaling in Ohio—or anywhere else watching what’s happening here—this episode will give you the real insights you need to keep moving deals, stay legal, and win while others panic.
Episode Timeline
[0:00] Ohio Senate Bill 155 is here—what it is and when it goes into effect
[1:14] Why disclosure isn’t the real problem with wholesaling
[1:57] What the new law actually requires in contracts
[2:21] The 5 new disclosures every wholesaler must include
[3:02] Who is (and isn’t) affected—double closes, novations, and direct buyers
[4:03] Our plan: more direct purchases, strategic compliance
[4:35] Why this could be an advantage for ethical, established wholesalers
[5:10] Penalties, fines, and what happens if you don’t disclose properly
[5:46] Why this won’t destroy the industry—but it will shake out the amateurs
[6:06] The change I wish they made: enforceable contract timelines
[6:35] My take on what’s next—and how to stay ahead
3 Key Takeaways
Ohio SB 155 requires five key contract disclosures for wholesalers—starting mid-February.
This won’t kill the industry—but it will scare off the unprepared and unprofessional.
If you’re ethical, proactive, and focused on value, this can actually give you a major edge.
Links & Resources
Follow me on Instagram: @realestatemike02
Subscribe to the Properties to Profits podcast for more updates on real estate regulation, strategy, and growth
Enjoyed the episode?
If this episode helped you understand what’s changing in Ohio—or what could be coming to your market—subscribe, drop a review, and share it with a fellow investor. Let’s keep turning properties into profits—together.