![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2650588/small_1674605365-avatar-josephk386.jpg?twic=v1/output=image&v=2)
5 January 2025 | 17 replies
Permits and LLCs for Contractors:Your associates/relatives don’t necessarily need to create an LLC to perform renovations.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1309071/small_1621511204-avatar-tinaa34.jpg?twic=v1/output=image&v=2)
17 January 2025 | 24 replies
The short answer to your question is: 1) You will engage with a new Administrator/Recordkeeper who can perform what is called a "Plan Takeover."
29 December 2024 | 13 replies
Aaron I would not pay but if they wanted to have this added I would have a licensed electrician perform the work.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2749214/small_1737852070-avatar-chrism1743.jpg?twic=v1/output=image&v=2)
3 January 2025 | 18 replies
I’m thinking with a 2.25% rate, that’s a good mortgage to hang on to if it performs well as a rental.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1798322/small_1654724171-avatar-natel89.jpg?twic=v1/output=image&v=2)
26 December 2024 | 4 replies
But, they have ZERO liability for the performance of that tenant.Second, 97%+ have no idea on how to screen a tenant, other than income = 3x rent and a credit score.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3160244/small_1734952648-avatar-gregb521.jpg?twic=v1/output=image&v=2)
26 December 2024 | 3 replies
The return on equity is probably very low considering they are paid off so maybe explore refinancing or selling the lowest performing one(s) or your biggest headaches to reinvest in more lucrative deals.I noticed you also used a metric of number of rentals to attain your goal rather than $$$/month.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2016961/small_1623775781-avatar-ricardog90.jpg?twic=v1/output=image&v=2)
9 January 2025 | 46 replies
First, we started the firm in 2020 and have definitely ran into our rough patches as a fast growing company (we were recognized by Inc. 5,000 in 2024 as #105).
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2308171/small_1737073916-avatar-jonathang468.jpg?twic=v1/output=image&v=2)
26 December 2024 | 2 replies
Always perform thorough market research and verify the numbers on any property you consider.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2894516/small_1711333206-avatar-melaniep55.jpg?twic=v1/output=image&v=2)
23 January 2025 | 30 replies
What qualifications do you believe you possess that would make you a good candidate to advise others on the quality, safety and performance of potential investments?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1215284/small_1694573022-avatar-michaelb1067.jpg?twic=v1/output=image&v=2)
2 January 2025 | 32 replies
I am very disappointed that I am not longer able to perform tHe tasks I have been able to do unless I pay twice as much as paying before for their premium version, which is now from 13.99 to 23.99The price change seems unreasonable, so I will switch back to use the bigger pockets tools, which price is more reasonable.