Hi @Mark SorecoIn recent year it has been an overflowing of digital property management companies, many of which are not making any many and constantly investing in customer acquisition, that is the main reason that you see so low coat on their offering.If you go to stablish digital property management like belong home you will see that prices are similar than a local property management and they make you save many offering you additional services at no cost.You have to evaluate what would it be the additional work that you will have to do to get at the same level than the local PM.You have to analyze this as a business owner like any other services that you will buy from a service provider.

There are many of us here on the forum.But generally speaking, you cannot claim any deductions until the property is placed in service.

Hi All - In 2025, I started working as a real estate investor full time.

With full financial backing, Vance could focus on managing the project without personal financial risk.

At this point, im looking to do this full time and 100x more efficiently.My thoughts:-I want to hire 1 VA for cold calling and tracking everything and whatnot.- I want to keep propstream for specifically pulling lists (i think?)

Once you determined that it can indeed help you, contact these BP experts, each one of them operates a reputable full-service cost segregation firm:  @Bernard Reisz, @Yonah Weiss, @Julio GonzalezThank you for the tag @Michael Plaks!

Given that you are an investment banker working 70-80 hours in NYCYou likely make a good salary with a high hourly rate(pro-rated cause you likely make a salary).As you mentioned, you likely dont have time to manage a rental so I would look at ways to invest in real estate that do not require as much time / input from youA) SyndicationsB) Full-service property management companies who will find, rehab, place tenants, and manage the rental for youYou likely have to do a lot of the 'work' upfront by spending time picking and interviewing syndicators / property management companiesBest of luck!

In a 1031 exchange, would I be able to apportion the entire amount of the proceeds toward the investment (rental) unit so that I can qualify for a full exchange and effectively defer 100% of the gain?

Current U.S. standards cap qualified loans at 30 years, so extending terms to 50 years would need legislative changes and new compliance frameworks.

I run a full-time, 10-person real estate investment team based in West Michigan.