ALERT: 2011 Texas House Bill 8 will affect your Real Estate Investing business
Hello:
I am an investor in the State of Texas. I received this information in my email today and was "quite" shocked. I am wondering IF any other Texas Investors are aware of this bill? IF the "Bill" is passed in Texas, investors can no longer wholesale or assign contracts in the State of Texas. It is my understanding that this bill is currently waiting for Governor Perry's approval and everyone else has approved this bill and "signed it".
Hello:
I am an investor in the State of Texas. I received this information in my email today and was "quite" shocked. I am wondering IF any other Texas Investors are aware of this bill? IF the "Bill" is passed in Texas, investors can no longer wholesale or assign contracts in the State of Texas. It is my understanding that this bill is currently waiting for Governor Perry's approval and everyone else has approved this bill and "signed it".
Here's the link to read about this bill:
http://itftraining.com/blog/?p=339
I really hope Governor Perry does not sign this bill.