Episode 116: The Ohio Law that’s Shutting Down Wholesalers (And How to Survive What’s Coming Next)

Send us Fan MailMany people are reacting to Ohio's new wholesaling law as if it's the end of the business model.In this episode of the Results Driven Podcast, Tiffany High breaks down what Ohio SB 155 actually says, what changes on March 2nd, and why this isn’t a ban on wholesaling.Listen as she also explains the new disclosure requirement, the risks of ignoring it, and why ethical operators shouldn’t be afraid of this shift.You'll Learn How To:Understand what Ohio SB 155 requiresAdd the correct disclosure process to your contractsProtect your deals from cancellation and legal exposurePrepare your business for regulatory shiftsWhat You'll Learn in This Episode:(01:05) The new Ohio law that created buzz on Facebook groups(01:39) Ohio’s new law isn’t banning wholesaling(03:03) What SB 155 is and when it takes effect(03:55) Lawmakers framed this as consumer protection(05:00) How Ohio legally defines a “wholesaler.”(05:55) The requirement for a separate written disclosure(06:49) What the disclosure must clearly communicate to sellers(07:45) What happens if you fail to provide it(08:53) Violations can trigger consumer protection penalties(10:30) Transparency doesn’t kill deals(11:16) Operational steps to implement the new law correctly(12:24) Training your acquisition team to present the script(14:23) Other states are tightening wholesaling regulations(16:22) Compliance and transparency protect your business(17:00) The pre-March 2nd checklist for Ohio wholesalersWho This Episode is For:Wholesalers operating in OhioInvestors who are working in multiple statesOperators who want to build a compliant businessWhy You Should Listen:This episode provides a clear and practical breakdown of what to change and how to stay compliant without compromising your deal flow in Ohio, in light of the state's new law on wholesaling.Follow Tiffany and Josh here:Tiffany Instagram: @tiffanyhighfficialJosh Instagram: @joshhighofficialWebsite: https://resultsdrivenrei.com/home/Get Tiffany’s free resource: www.rdebook.com “26 Costly Mistakes I Made While Building My Seven-Figure Real Estate Business”