More than 90 percent of property management companies have plans to expand their portfolios over the next two years. But growing without overtaxing staff or compromising quality of service can be tricky.
In our latest guide, we talked to Peter Lohmann, co-founder, Principal Broker, and CEO of RL Property Management, to get his observations on the bottlenecks to growth, how a property management company changes as it reaches certain door counts, and using tech to scale.
Here’s a preview:
100 Doors: Hiring Staff for the First Time
“So for that first one, which is right around a hundred doors, the bottleneck you’re going to run into is you can’t do everything,” says Lohmann. Up until that point, most property managers are working with minimal staff—if they have…