How to build a business in Real Eastate with other services

[Zulf H.]

Hi BP members:

I wanted to get some feedback and advice on strategy to grow my real estate business. I got into RE investing about 8 years ago and have invested mainly in SFH and Multi Units. I own 30 units and I personally feel like I want to stop acquiring more properties and grow in other aspects of Real Estate. ( For example Prop Mgmt or providing insurance). I will be looking into the opportunity with a partner who has several years of experience in RE and good amount of client network.

What are some other services in Real Estate that I could offer that are profitable. I am looking at a long term sustainable business model. It would be great to also know what areas/service in RE I should steer away from that will be challenging.  I do plan on having a proper office and hire a few employees (3-5).

Any advice would be greatly appreciated.