If you’re really looking to grow your real estate investment business (and we all do – right?) and at the same time take more time off, then there comes a point that you must began to outsource.
There’s only so much time in the day and if you’re like me then you got started to escape the ‘ole rat race and free up more time – not create another job. If you try to do it all on your own, then you’ll drive yourself crazy.
When I say ‘do it all’, I’m referring to:
- talking to sellers
- making offers to your seller
- following up with sellers
- talking to prospective buyers
- attending foreclosure sales
- monitoring your marketing
- analyzing property values
- preparing contracts
- contacting banks
- submitting offers to banks
- following up with banks
- writing articles for your online website for more traffic
- submitting ads for your site
- creating videos for your properties for sale- then submitting them to all the video sites
And that’s just to name a few of the task.
Fact is, most of the mundane day to day crap can be handed off to someone else that is happy to do the work for you and for a fraction of what your time is worth.
You can have a whole slew of qualified, educated workers for $2-$4 per hour.
Now- there’s a ton of freelance websites where people from all over the world bid on your project, but I’ve found the one that takes the cake…
It’s a website called Odesk.
And there’s a ton of qualified workers from India and the Philippines fluent in English that are ready to go to work for you tomorrow on the cheap – like $2- $4 per hour.
In a nutshell, here’s my Odesk Review
For starters, the interface is really easy to use within Odesk. Literally, you can set up an account within a matter of minutes, have a job posted and within 24 hours have numerous bids for your job for you to interview, hire or reject.
You can set up the bidding by the job or you can set it up for hourly work.
Here’s what’s cool about setting up the job by the hour-
The worker must log in to Odesk system and Odesk will take random screen shots of their computer screen for you to review. This helps to hold the person accountable instead of wasting time on your clock-
After all, you’ll be able to review their time and take a look at the work they’ve completed.
If you hire someone by the hour, it’s not a set it and forget it…
You’ll be responsible for giving them task to complete, and by all mean – YOU must check and review their time logs but it’s extremely easy to do in the admin area. And if you don’t like the work they’re doing for you, then you can end the task and start interviewing someone else to take their place in a matter of minutes.
Lastly, if you’ve never hired a virtual assistant, then start small.
Hire one person to do a small task, then you can always give them bigger projects as time goes by. The biggest mistake I’ve made is handing a huge project to someone that I had no prior working experience with. So start with small projects, and work your way up.
I highly recommend that you get an account with Odesk and start outsourcing some of the mundane task in your business – you’ll be able to focus more on high income producing activities and take more time off while your business continues to operate.
Click Here To Open An Account With Odesk
Hey Derrek,
Thanks for the great information you have provided here on your blog. I am very interested in this type of help , that I think will allow me to grow as a new investor.