I'll send you the material that helped understand how to do comps.

If i sell it at asking I will make 25k on my first flip with all the work done myself after materials.

I know if you "materially participate" in managing the short-term rental, you can use passive losses against active income for that property, but what about other long-term rentals?

The difference in cost between the two materials is $1,200. thanks.

--Roof Type--Foundation Type--Furnace exist--External/Detached building(s) exist--Porch exist--Garage capacity--What appliances are included***If your property is built prior to 1940, then some of the insurance providers will require proof of repair of the Roof, Electrical Wiring, and Plumbing.

Or if you spent some time, you could probably gauge material cost and find an average labor cost online.

Still, the parable makes the material relatable, so who cares if the story is fake?

BP has all kinds of course materials that explain all of the specific details for the different kinds of Real Estate Investing.

We will only pay subs and for material?

Also, the money saved from the guru courses can be put towards the purchase of a house.You mentioned an interest in three niches and I added guides below, as well as info on multifamily units.http://www.biggerpockets.com/renewsblog/2013/02/22/buying-rental-property/ (how to buy a rental property)http://www.biggerpockets.com/renewsblog/2014/01/07/flipping-houses/ (step by step guide to flips)https://www.biggerpockets.com/renewsblog/2015/01/31/ultimate-beginners-guide-real-estate-wholesaling-2/ (Ultimate beginners guide to wholesaling)http://www.biggerpockets.com/renewsblog/2014/07/19/how-to-buy-a-duplex/ (guide to buying a duplex)https://www.biggerpockets.com/renewsblog/2015/11/16/how-to-choose-areas-multifamily-deals/ (Choosing multi-family deals) http://www.biggerpockets.com/startherehttp://www.biggerpockets.com/meetSetting up Keyword AlertsHow to Use @Mentions on BiggerPocketshttps://www.biggerpockets.com/ruleshttps://www.biggerpockets.com/inviteshttps://www.udemy.com/biggerpockets-real-estate-investing-course/ (video with 64 lectures and approx 6hrs of material)https://www.biggerpockets.com/real-estate-investing (Ultimate beginner's guide to REI)REI can be very daunting, but, before you go searching for that 1st buy, please take a few minutes to bone up on the tips in link below.https://www.biggerpockets.com/renewsblog/2014/12/19/real-estate-investing-success-smart-tips/REI books suggested by BPershttps://www.biggerpockets.com/renewsblog/2015/11/13/7-real-estate-books-beginner-investors/ (7 absolute must read books for beginner REI)http://www.biggerpockets.com/renewsblog/2013/04/14/best-real-estate-books/?