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Updated over 2 years ago on . Most recent reply
![Eric Northrup's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2126484/1657337565-avatar-nkynlp.jpg?twic=v1/output=image/crop=651x651@92x39/cover=128x128&v=2)
Help! I need somebody...Contractor conundrum
I am new to the real estate investing game with a little under a year under my belt. Currently, we have three properties (1 finished, 2 under renovation) and another one under contract waiting to close.
I have learned so much from the podcast and am challenged in creating systems with my contractors/teams as we renovate these properties. What is the best method to scale your team/business to be able to handle a bigger load as you acquire more properties?
My tax strategist is encouraging me to start another LLC that is a management company in which I can have all "subcontractors" hired in that specific company to then go and bid the work through my house projects.
Is this smart? Is anyone doing this?
Most Popular Reply
![Orkeem Davis's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/845314/1641777185-avatar-orkeem.jpg?twic=v1/output=image/crop=765x765@0x127/cover=128x128&v=2)
Nope! Keep it KISS -- "Keep It Simple Stupid" Too many moving parts. Don't get me wrong, I love the interactive world of real estate, but you should have a pulse on your business goals and objectives. You should be guiding the boat or you should connect with a mentor who can get you to the shallow and deep water until you ae able to swim on your own. Best Success!