Storage Wins EP030: Don't Let the Fear of Hiring Extra Help Stop You From Scaling Your Business
Lex Levinrad has been a full-time real estate investor since 2004, having flipped, wholesaled, and rehabbed more than 500 houses. Lex discusses some of the strategies he used to scale his business in this week's episode. The biggest takeaway from Lex is that you have to change your perspective on money! If not, it will only hold your business and your money-making potential back.
Key Takeaways:
- What does Lex's business look like today?
- How did Lex manage to scale his business?
- You have to hire and outsource your work when you start getting bigger. There's only so much one person can do before it's too much.
- How did Lex create a successful system that works for him?
- Get your real estate license!
- Don't let the fear of hiring someone stop you.
- You can hire an intern if you're worried about money.
- It's easier to get into this business today than it was 10-15 years ago.
- What's Lex's one quick tip? Go to hubzu.com and register as a buyer.
- Try to make five offers a day or 100 offers a month.
- How does Lex find hot markets to wholesale in?
- What kind of resources is Lex using to simplify his business?
- Focus on one or two marketing campaigns over a 90-day period.
- Worry about building a successful foundation first, before you overwhelm yourself.
- Consistency is key!
Mentioned in This Episode:
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