Starting to scale a small multi family BRRRR based business
So as I am beginning to scale my business. From 2 small multi's in 2015, to 4 in 2016, to a goal of 8 in 2017 (2 acquired so far) What are the things you need to scale on your list?
So far I have:
Built a standard parts list and supplier list: windows, paints, flooring, cabinets, sinks.
Established a good primary realtor.
Made a standard of what I will do to distinguish my apartment units in the market.
Hired a property management to deal with the increased number of lease up's and tenant shake out (note- I have only had 1 tenant move).
Started using a documentation system for projects (Trello) and files (Google Drive).
Built a solid relationship with a commercial lending arm of a regional bank.
Areas to improve:
Marketing- I have been MLS primary for my deals focusing on heavy rehab needed C class buildings
Website- slacked on totally
Attending network events- in the 2 years only made it to 4 I think.