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Updated over 8 years ago,

User Stats

10
Posts
4
Votes
Joe Montone
  • Professional
  • Jersey City, NJ
4
Votes |
10
Posts

Management Company Structure

Joe Montone
  • Professional
  • Jersey City, NJ
Posted

Hi All,

Thanks in advance for any feedback!  I currently work for a group of investors, helping them manage a multi family portfolio and developing their own property management company along the way.  I am curious at what point you all think it becomes difficult to maintain a "departmental" structure and the need to move to a "portfolio" based structure kicks in.  

Our portfolio currently sits just below 100 units across about 10 buildings.  We have one accountant and one person coordinating maintenance/tenant relations. It's already pretty hectic, and as we expand in size and territory covered, I wonder if this model is sustainable.  Does anyone have experience scaling a departmental structure to a larger portfolio?  I see it becoming a nightmare, especially from a maintenance/tenant relations perspective...  

Thanks again for any insight!

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