Short excerpt from a YouTube discussion on scaling a property-management business. Speakers emphasize the importance of hiring and delegating early: onboarding multiple properties (e.g., a 5–10 property portfolio) requires dedicated staff time (onboarding 10 properties could occupy one person for about a week) and training someone to be the expert for those tasks.
If somebody wants to scale, what are the things that you need in place to be able to scale in the way that. That you have?
Yeah, I think you need to have a good team in place or at least start to hire one or two people, even if you can still handle things yourself. If you're to start taking on, let's say you bring on a client with one property. It's one thing to onboard a property, and then you have to stand it up, then you have to manage it. There's different pieces to the puzzle. So once you start to get investors that, hey, I have a five or 10 property portfolio. Onboarding 10 properties is a job for one person to focus on for like a week. Right. It you have to delegate that work to someone who teach them to be the expert in it.
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