What are some tricks for scaling your real estate busines?

[Heath Jones]

Hey BP!

I wanted to start a thread in which people who have scaled or are scaling their REI business can share how they are doing it. I would love to hear how people moved up from being a landlord to a full time real estate investor!

Thanks,

Heath

[Heath Jones]

@Derek Harris Agreed. I use Rentec Direct for the 22 units we have locally. Between my partner and I, we have close to 80 units across personally owned apartments and two multifamily syndications. The one out of state property is managed by a PM there. We are now looking to scale up our business to hit 500 units within the next year or two. We have talked about hiring virtual assistants to handle a lot of the smaller tasks we could offload so that we could focus on increasing the quality of our relationships with our brokers, finding/analyzing more deals, raising capital and our weekly podcast we started a few weeks ago. We have help with asset management so far, but are planning to take that on for all the new deals we partner on in the future. Would love to hear more stories of how people went from landlord to managing large real estate portfolios. Thank you so much for engaging, it is very much appreciated!!

What is your current focus and what’s a problem you are trying to solve right now?