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Turning Profit

How We Scaled Our Land Investing Business with the Right Team

Jun 25, 2024
38:38

Building a team for your land flipping/real estate business is one of the most important tasks you’ll ever do as a business owner.

In this episode, Heather and I share the step-by-step guide on how we built our successful team and the lessons we have picked along the way. We share our own experiences and strategies for expanding our team, from hiring virtual assistants to acquisition managers and due diligence specialists.

We started our business with me handling most of the tasks myself. As the business grew, we realized we needed help. We began by hiring a virtual assistant to handle administrative tasks such as spreadsheet management and email organization. This freed up my time to focus on higher-level tasks.

The next addition to our team was a lead manager. This role involved managing leads as they came in, organizing them in our system, and doing basic research on the properties. The lead manager helped us focus on other tasks, such as negotiating deals and managing the business.

Tune in to learn the exact steps to build a strong team that helps you grow your real estate investing business efficiently and effectively.

Key Takeaways

Intro (00:00)

Building a real estate investing team with defined roles (01:08)

Hiring a lead manager and acquisition managers (06:27)

Outsourcing a call center (08:24)

Roles in a real estate investment company (10:13)

Involving family members in business roles (17:08)

Team expansion and utilizing tools for growth (23:33)

Resources to optimize your team (24:35)

Q&A from Land Conquest Community (25:56)

Additional Resources:

✨Want us to Fund your Land Flipping Deal? Submit your deals at https://partnerwithpete.com/

✨ Scale Your Land Flipping Business With Next-Gen Automation! https://software.landconquest.com/

✨ Learn more about our paid membership and community of land investors: https://go.landconquest.com/premium

✨ Want to see what’s possible with Land Flipping? Get a detailed breakdown of our first 50 Land Flipping Deals at: https://50firstdeals.turningprofit.com/opt-in

✨ Follow Pete on Instagram here: https://www.instagram.com/partnerwithpete

✨ Follow Heather on Instagram here: https://www.instagram.com/itsalovelylife

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Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.


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