Boutique vs. Large Property Management Companies

The chapter contrasts the benefits of running a boutique property management company versus a larger one, emphasizing the different paths and sacrifices involved in each. It discusses the advantages of a boutique property manager, such as a deep connection with owners and the ability to position oneself as an expert, while also highlighting the benefits of a larger company offering more services and reducing costs. The importance of understanding trade-offs, focusing on developing people, and securing capital for business growth is emphasized throughout.