One surefire way to alleviate some of that pressure is to delegate. If you already have staff, make sure to get rid of things that: (1) aren’t revenue generating or (2) you don’t enjoy doing. You didn’t get in business for yourself to do $10/hr tasks, or to operate a business doing activities you don’t like.
SO STOP IT.
If you have staff, even if it’s just one person, reorganize your to-do list now so you’re only doing the tasks YOU should be doing.
What if you don’t have staff and you’re a solopreneur?
If you’re solo in the biz, the first person you should hire in your REI business is an REI assistant. You can hire someone local or use a virtual assistant (VA). A VA is (a remote person that works from home so they’re typically much more affordable and don’t require the extra overhead of someone local. I’ve had a great experience using virtual REI assistants, so I’ll dig a little deeper on that.
Your virtual REI assistant will provide you support with all your day to day routine tasks including deal coordination, handling the phone, and taking care of all admin paperwork in order to save you time and money.
Over time this person can also become your right hand and quite honestly completely change your real estate business because she’ll create efficiencies in your organization that make you more profitable and free up your time and mental space to focus on high revenue generating activities – or just to have more free time with your family.
Flying solo may be cool at the beginning – but in order to really soar and to avoid crashing from overwhelm – you should seriously consider hiring an REI assistant.