Growth Management for PM - Should I Invite Investors?

[Kristen Williams]

Hi there! My name is Kristen and I'm usually a contributor on the advice side in the forums. I have enjoyed the brother/sisterhood of Bigger Pockets and it has been a blessing in the building of my PM enterprise.

We began and continue to build on a matching concept, and now have 4 revenue streams; Leasing, Management, Market Analysis, and soon to launch in 2019; Tenant Direct.

I had brought 20 years of business aviation, finance and marketing to my business and through networking and building relationships have enjoyed careful growth and gained much wisdom along the way. Trial and error included.

After reviewing the past three years and forecasting where we need to go for 2019, I find myself in need for the first time. In order to really stay above my competitors and serve my owners and tenants, I'd like to continue to use technology and efficiencies we've implemented in order to really be better at what we do and set higher goals.

I really do not like the idea of loans, I've explored the many offerings and daunting possibilities to go into debt. We are currently debt free. So the next option is, should I consider outside investors in our company, or will that take too much out of the growth? Will I have to subject myself to someone else's possibly differing philosophy, or control?

What about an Angel investor? I will be transparent in stating that I have never considered nor truly researched that end. I have found so many partnerships who butt heads or can't work in synchrony together that I wonder if should just continue doing what I"m doing?  My goals are two-fold, in case you are wondering: 1. like everyone else, to earn more money 2. To expand operations to utilize the best in technology in order to maximize our strengths.

Disclaimer: this is not a veiled search for an investor. Please do not delete this post. I welcome a side conversation for guidance in my business growth. I have built this from the ground up with a great deal of pre-work and love watching it grow and fill the niche we have found with it. I only want to make a wise choice in handling the obvious needs facing our success.  Thank you so much!