Wholesaling real estate is a great way to start as you must become familiar with deal underwriting and deal sourcing. 

Does this not suggest that I can opt for the LLC (that holds only public securities - ie, is passive/not a real business) not to be considered a partnership?

Most of these course instructors aren't qualified to teach anything but the most elementary real estate concepts and try to make their courses more marketable by teaching concepts they have no business teaching. 

Joining BiggerPockets is a fantastic first step – it’s where so many great real estate journeys start.

Your best bet is to find and contact all of the top local wholesalers and go to work for one of them and see what they do right and wrong and see if it's even a business you like.

Can you wholesale a deal that is active with a real estate agent?

Hi everyone. Thanks for taking an interest in my post. I've been in the market for a property in my agent's neighborhood, which is how we came to find him. During the months of searching for the perfect property, his ...

We have our own design team, contractors, and real estate agency under one roof, which saves time, cuts costs, and improves communication across projects.

Do you believe it will now be more cost effective to hold a license or do you believe the expenses will go up with what I assume will be a flight from the business by low producing real estate agents? 

Reverse engineer the list of most recently acquired hospitality business built or bought within the 30-40mile radius, You’d be puzzled at how much capital they have to play with.Crowdfunding or Real Estate Syndication: Platforms dedicated to real estate investment might have investors interested in backing a boutique hotel project.