I’m also in the early stages of exploring real estate investment, and it’s been helpful to see how others incorporate different tax strategies and asset protection methods.

Still use paper method for mileage logs.Tried QuickBooks several years ago but it was more complicated and I did not need the bells and whistles.

Does anyone have any tips on how to find the right guys or methods that you use to vet people? 

Purchase price: $260,000 Cash invested: $120,000 Sale price: $535,000 Complete gut, new front and rear walls, all new electric, HVAC, plumbing, roof, deck, windows, interior What made you interested in investing in this type of deal?

Depending on how the water is getting in, there may be cheaper methods for sealing the basement walls from inside.Keep shopping until you find someone trustworthy with solutions.I would also consider going after the first contractor because they robbed you.

Obviously the numbers and location would determine which is the best option for me but these would be my preferred methods. 

Are you looking to continue doing the BRRR method or branching out? 

Avoid any self-help eviction tactics like changing locks.Maintenance: As a landlord, you’re responsible for ensuring the property meets basic health and safety standards, including working plumbing, heating, and electrical systems.Inspections: While there are no mandatory inspections required before renting, your property should comply with building codes.

We've also advised this method to our investor clients that borrow from us.

It is important to find something that was properly maintained, with modern plumbing, electrical and roofing.