By electing QBI safe harbor, you ensure that your rental activities qualify as a trade or business under §199A, provided you meet the 250-hour material participation rule and maintain proper records.

Buying as a vacation rental could potentially qualify for a lower interest rate, but you’ll likely need to provide proof of personal use (even if minimal).

I would love to connect and see how we can provide each other value.

They are valuable and provide insight on how to decide on how much to without for capex, maintenance, vacancy etc.

Once completed, the property was resold to new homeowners, providing a solid return on investment.

Specifically, what stood out about their approach, the impact they had on you, and advice you’d give someone considering working with them.Thank you all for any insight you can provide. 

Based on the content of the podcast, a primary home w/ a detached or attached ADU would be similar to the example you provided of the triplex you owned and lived in.

@Shaun Ortiz providing for the future needs of my family, RE is my retirement planning vehicle of choice.

The Role of Private Lenders in Joint Ventures- Private lenders provide the necessary capital to fund JV deals, often filling gaps that traditional financing can’t. - The advantages of working with private lenders: - Faster access to funds compared to banks. - Flexible terms tailored to the specific deal. - Ability to leverage their network and experience in real estate. - Private lenders are not just sources of capital but can also be strategic partners who bring value to the table. 3.

Quote from @Dereck Olson: Hi Nicholas,  Just a thought from the possible tenant's perspective, but filling out a prequalification form and/or providing personal information before they have even seen a place and know if they will be interested in living in the property might be a bit too much to ask.