Engaging with other investors can provide real-world insights and opportunities.Workshops and Seminars: These can be invaluable for learning directly from industry professionals and for networking with fellow investors.Real Estate Software Tools: Familiarize yourself with tools like Zillow, Redfin, or PropertyRadar to analyze market trends and property values.Remember, the key is to continuously educate yourself and stay updated with market trends.

Promises were made for audit results by late October.

Investor interface software - $10,000 +4.

Is there a reliable app or software that you can just enter the subject address and it takes all the guess work out and produces accurate comps? 

It is nice you know the software but the concepts are more important to know than the software, so you can read the financials to find what is wrong.

There are many posts on BiggerPockets about landlord software, but here’s a consolidated overview.Must-have features landlords mention most often: online payments, full accounting, 1099 tracking and e-filing, tenant portal, owner portal (if you manage for others), work order tracking, vacancy syndication, online leases, and tenant screening.

@Jules Aton we agree with Account ClosedA reputable PMC should be using Property Management software to properly manage rentals.Every PMC sofware we've looked at has built-in accounting with the ability to generate invoices.

Hi Eric,The cheapest/most bang for your buck softwares in my personal opinion are:- Batch Leads for pulling lists and skip tracer (2 in 1 software, $100 per 10k contacts)- Readymode Dialer ($200 a month) *Can call yourself or hire VA's for $4-6 an hour (I use Readymode Dialer with 3-4 VA's personally)The absolute best skip tracer is IDIData but is very pricey with an annual plan.

Make sure to consult with your CPA about which hours can be used before starting your hours log.Here are the indicators that put you at risk of an Audit that the IRS looks at with this strategy::(Source)Real Estate ProfessionalIf you don’t have the ability to invest these kinds of hours into a property, you can become a Real Estate Professional under the tax code, or have a wife or husband become a Real Estate Professional, which then will turn your Passive Losses into Active Losses on your real estate.To become a Real Estate Professional, you need to have:(Source)As long as you work 750 hours in real estate (14.42 hours a week excluding vacation), AND half your time is spent on real estate activities (so you could still do other work for 12-13 hours a week), you can qualify as a Real Estate Professional.

You need to keep a detailed time log as your audit defense since many investors don’t maintain proper records.