So simple so powerful yet so many people will come up with so many reasons not to do it!!

It's an incredibly powerful hack if you do meet the criteria.In other words, marry a real estate agent who's an RE Pro!

If you decide to build, you can just build on the pad and use the existing power and water ports for plug ins.

If nothing else, prices are down a couple of points this year in Denver, so that's a relative positive over my last purchase.If I was 20 years older, and had 20 more years of compounding and contributions in my 401(k), the private lending world would be a major part of my portfolio strategy right now, as I think yields are really attractive there.It's tough out there, but I trust what I know in small residential more than going all in on more index funds or bitcoin, and lending is just too tax inefficient until I have more time to build wealth in my SDIRA.  

This can be a little tricky to calculate when capital is returned throughout the project, and it is expected that a little capital will be returned at approximately the six-month mark, but for this deal it is pretty close to just the compounding annual return.4) What are the risks?

You must work at least 750 hours per year in a qualified RE business.So most people who have high-earning W-2 jobs outside of real estate won't qualify.But the unique thing about RE pro status is that even if you don’t qualify but your spouse does, you can both file jointly and claim the losses from your RE investments to offset your other active income together.It's an incredibly powerful benefit if you do meet the criteria.

None of it went horribly, but ONE THING FOCUS IS A SUPER POWER!

The ONLY home warranty even worth considering are the one’s run by your power company.

The second thing we do is leaved some canned good in the cabinets just in case.The worse case is the same as the first but they lost power.  

We get primary residence loans for <10% down, we have the power of creativity, and if we're planning smart - we also have the opportunity to ride the wave of interest rates because we're much less dependent on adjustable rate loans.• If you want to get involved in syndications or passive real estate investing but you don't have enough in liquid cash for the minimum investment, you can use your retirement accounts like a self-direct IRA to do so!