As investors ourselves, we understand the many tasks that must be completed in order to finish a deal, rehabbing a property, to answer ad calls, and so on. Are you still doing ALL the work yourself or have you hired a helper to complete these tasks? Most likely you are still doing everything yourself. Is it wise to delegate work and find team players if it means you will increase your income? We believe it is!
Statistics prove so…when you have trivial tasks that must be done, yet these tasks prevent you from finding investments, wouldn’t you agree that you are limiting your income? You may feel that you cannot afford to hire an assistant. We believe you cannot afford not to. This is merely a "growing pain hump." It is imperative that you have a great team of players as well, i.e., attorney, mortgage broker, realtor, title company, appraiser, handyman, etc. Are you trying to be all of these players AND an investor too? Instead, try building a great team and delegating work to your team players.
Another way to help your self is through time management. You must be able to balance your time wisely and organize your workload to be successful. Here are a few tips that will help: make a schedule that works best for you; plan times during the day in which you will return or receive phone calls; time to inspect properties (try not to do this around heavy traffic time); learn to return phone calls from the car, using a "hands-free" connection; map out your properties and errands so that you are not wasting time backtracking; keep a mini-recorder in your car so you can "take notes" easily and not worry about forgetting things; always keep any necessary paperwork in your car so you are prepared for opportunity; make time to network; and always continue your education. Knowledge is power and power makes you wealthy! Be prepared for opportunities…do not wait for opportunity to get prepared for you!
Here is what opportunity looks like…we are opening an office we like to think of as "Investor Central." This office is located in downtown Delray Beach. We plan to supply the tools, the team players, as well as the great location necessary to be a successful investor. Wouldn’t it be great to have a team of aggressive players right in your own office? We know it would, that’s why we’re putting it together for ourselves…but we figure, why not share the wealth? Our goal is to surround ourselves with perceptive, aggressive investors and team players. This way, we can all work together to get our properties marketed and sold, fast, and ultimately increase our income. Join us at investor central and watch your business grow!
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