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Real Estate Investing with Coach Carson
#308 - How to Free Up Time on Rental Properties With Automation & Outsourcing
Sep 11, 2023
Unlock more time and profit in your rental property ventures by making strategic hires, understanding the vital role of an asset manager, and harnessing the power of an integrator to take your real estate game to the next level. Learn the value of building systems and hiring a delegator to optimize tasks, transitioning from a full-time job to full-time investor, the power of leverage in real estate investing, building a strong team, the role of an integrator and a CEO in a small business, integrating personal and business life in real estate investing, and staying in touch with the rental property mastery community.
01:11:57
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Quick takeaways
- Hiring a delegator allows the business owner to buy back their time and focus on higher-level tasks, transforming the business into a passive entity.
- Establishing key departments like property management, leasing, maintenance, accounting, acquisitions, dispositions, and asset management optimizes the rental property business for success.
Deep dives
The Importance of Hiring a Delegator
To transform a business into a relatively passive entity, it is crucial to hire a delegator. A delegator is someone who can build systems and optimize processes, allowing the business owner to focus on higher-level tasks. By hiring a delegator, the business owner can step into the owner's position, entrusting the systemization and optimization of the business to capable individuals. This shift from being a solo producer to an owner allows the business owner to buy back their time and focus on what truly matters. Hiring a delegator brings expertise and efficiency, leading to improved delegation of responsibilities and a more streamlined business operation.
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