Goals, Business Plans & Entities
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated about 4 years ago,
Scaling your business
So I have been investing in real estate for about 18 months now, and as per my business model and aggressive growth structure I have now five properties under my belt--totaling 13 units. As such, the time has come to where I need to start seriously thinking about how I'm going to scale my real estate investing business.
So how did you guys do it? What mistakes did you make, what good choices did you make? Generally, how did you go about it? What I'm thinking about right now are:
1. Get an LLC started -- how did you guys do it?
2. Scale my property management partner's company.
3. How to manage all the different tenants and their leases -- account manager, property manager, etc? How long can I manage them myself before I get swamped?
4. Partnering with the right people.
5. Advertising and networking.
6. Scaling my lead finding system.
So yea, what do you guys think? How are you scaling? How did you scale? How are you thinking you're going to scale? I'm looking forward to your thoughts.