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How I Did It: Lisa Wise Discusses the Growth and Expansion of Nest DC

Lisa Wise and Nest DC earn over $3 million a year in revenue, but they still work like they’re in a start-up phase.

Why? Because growth mode requires inspiration and excitement.

As part of the How I Did It series, Alex interviews Lisa on this week’s edition of The Property Management Show.

What Has Lisa Learned in the Last 10 Years?

If you’re not making mistakes, you’re not experimenting enough. Alex and Lisa discuss a few of the things that can easily trip up a company in the early stages of growth. Things like:
* Trying to piece together systems like insurance and legal protections when you really need to just invest in expertise from the get-go.
* Complementary Business Units (CBUs) are great if they’re not only designed to make money. They should be… Continue Reading How I Did It: Lisa Wise Discusses the Growth and Expansion of Nest DC

What We Can Learn from the Failure of Castle Property Management

How would you grow your property management business with a $3 million investment, and what can we learn from the sudden and surprising failure of Castle Property Management?

These two questions may not sound like they logically go together. But they do, as you’ll learn in this week’s Property Management Show podcast.

You’ll also learn about the warm fuzzies.

Storming the Castle

If you haven’t been following the latest news, Castle Property Management was a VC-backed, technology-first property management company in the Detroit area that endeavored to innovate the property management industry by providing on-demand services through an automated platform.
Sounds like a great idea, so why did they crash and burn car-over-cliff style?

Deconstructing Failure

High Chancellor an… Continue Reading What We Can Learn from the Failure of Castle Property Management

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