Hi,I am going to open a solo (self directed) 401K account from 1099 income I will earn.I weighed pros and cons of solo 401K vs SD IRA, and solo 401K is better option for me.I plan to roll over my previous employer's 401K into the solo 401K account.I want to invest in real estate syndication (passive investment) from the solo 401K account.Does anyone have any good recommendation on the company who manages the solo 401K account?

Seem you may need to hire a property manager in New York.

Diversifying your portfolio can protect you in the event that 1 or 2 markets you invest in are losing cashflow or even worse - failing.My theory is to keep your money invested as long as you can and don't take that cash flow for profit.

The sewer company tells me that it's covered however, they need to file for a permit to dig through the NYC DEP (manages the water and sewer lines) on Monday morning, citing that it may take several days.   

My property manager is still taking out Franchise tax monthly and I'm neg negative $200/month and I don't know what to show them to stop them from taking that franchise tax from my proceeds.1) Do I have to put my property to my WY statutory trust as I do with my other state properties to their LLCs?  

@Madeline Burke great question and @Blair Russell i love your answer and am hoping that I can duplicate that and make it worth my timei have a small portfolio of rental units that i rent traditionally at the moment. i moving back into one of my triplexes and am going to airbnb the other two units and give it a go

Many of us get frustrated self managing and seek a property manager for various reasons.For me, it was a combination of problem tenants for one of my properties, then a few months later I moved across the country and came to the conclusion that hiring a full time PM would be my best course of action to maximize efficiency on my properties.

Investing in New Builds: Considerations and ProcessNew Build Investment Options:Build and Sell (Fix and Flip):Pros: Potential for high profits with modern appeal.Cons: Requires significant upfront investment and market risks.Build and Hold (Long-term Rental):Pros: Attracts quality tenants, potential for higher rental income.Cons: High initial costs, market fluctuations.Process Overview:Market Research: Identify high-demand areas.Land Acquisition: Purchase suitable land.Design and Planning: Work with architects and obtain permits.Construction: Oversee build quality and manage costs.Marketing (Fix and Flip): Highlight new features to attract buyers.Tenant Management (Rental): Implement thorough screening processes.Advice:Educate Yourself: Understand local regulations and market dynamics.Risk Management: Prepare for potential delays and cost overruns.If you have any other questions/just want to discuss feel free to reach out to me directly!

Today's update is to let you know that it has not stabilized and is continuing to decline.At Bartomeo Property Management we track several key metrics to not only assess the market but to help us understand our internal operations.

Also, to address other replies this is how we rank the software for us as a Property manager.