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Updated 7 months ago on . Most recent reply

User Stats

62
Posts
33
Votes
Wiley Strahan
  • Rental Property Investor
  • Los Angeles, CA
33
Votes |
62
Posts

Setting Up Systems to Scale

Wiley Strahan
  • Rental Property Investor
  • Los Angeles, CA
Posted

Hello BP Community,

We have grown our portfolio quite a bit over the last few years starting from 4 units in 2018 to almost 50 without outside investment and in multiple states. I run the business and manage the PMs but its too much for me to handle in addition to a day job. I have tried to operationalize it as much as possible with Notion and Trello but things are still falling through the cracks (SOWs taking too long, units not being listed, etc.). Some of it is definitely on my PMs but I feel like I can be even more on top of it. Any advice on what systems/principles work best? We have looked at VAs and that model but I wanted to take responsibility especially as we stabilize some of the bigger projects. 

Most Popular Reply

User Stats

350
Posts
181
Votes
Kristi Kandel
  • Developer
  • Fort Myers Beach, FL
181
Votes |
350
Posts
Kristi Kandel
  • Developer
  • Fort Myers Beach, FL
Replied
Quote from @Wiley Strahan:

Hello BP Community,

We have grown our portfolio quite a bit over the last few years starting from 4 units in 2018 to almost 50 without outside investment and in multiple states. I run the business and manage the PMs but its too much for me to handle in addition to a day job. I have tried to operationalize it as much as possible with Notion and Trello but things are still falling through the cracks (SOWs taking too long, units not being listed, etc.). Some of it is definitely on my PMs but I feel like I can be even more on top of it. Any advice on what systems/principles work best? We have looked at VAs and that model but I wanted to take responsibility especially as we stabilize some of the bigger projects. 


 I LOVE systems and processes and setting up systems. In the past year I was able to turn our asset management and my primary development company both into self-managing companies. If you want to chat just shoot me a DM and I can explain how I did it.  

I have about 30+ of our own doors in 3 states and we develop our own deals and provide consulting nationwide on development projects. I have 9 employees in the US and 3 overseas. We all work remote from our homes. 

  • Kristi Kandel
  • Loading replies...