Hello everyone, I’m interested in hearing about which systems and technological tools you use as real estate investors as part of your work, and how you use them.

My current focus is on doing my first flip or live-in flip here, and I'm eager to learn from those with experience in this space.I'm particularly interested in developing solid systems and strategies to achieve long-term financial freedom through real estate.

However, bonus depreciation doesn't apply abroad; instead, the Alternative Depreciation System (ADS) with longer periods is used.The Short- Term Rental Loophole Explained (biggerpockets.com)

Whichever way you go, do your own taxes or get a CPA, make sure you have a good bookkeeping system for each rental and I'd recommend getting a business checking account - when I had my rental income and expenses mixed in with my personal account, it took a long time to sort through which was personal and business (rentals) with pages of bank statements. 

Become great at systems and processes because that is really the only thing that makes investing work consistently.  

There are better systems for under 5% of that.

Legal system here only helps the wrong side!

@Dawn Miller Great I would follow our system to create 2 notes and calculate the what each note should be. 

The inspector checks the plumbing and electrical systems, the roof, the foundation, the HVAC system, and the general structural condition.

They know the system, file everything correctly and on time.