Importance of Hiring a VA for Due Diligence

Joe Schmidt emphasizes the importance of hiring a virtual assistant (VA) to handle due diligence in land investing. He suggests that before outsourcing, new investors should first gain experience and understanding of the due diligence process themselves. Joe shares that he tested and trained several VAs, using a work sample to assess their competence in running comps on vacant land. He recommends having a well-structured process and providing written documents with step-by-step instructions instead of relying solely on video tutorials. Joe also advises starting to consider hiring a VA for due diligence after completing about 10 land deals.