If you’ve been feeling overworked in your REI business and finding you have less and less time to get everything done during the week, you may need to look at hiring an assistant. The right assistant can truly be one of your best investments as a REI professional.
Of course, it will take time to train an assistant, and you may have some trial and error in finding the right one, but once you find someone who understands your working style and your business needs, and who has the skills you need, you’ll be amazed at the difference he or she can make in your business almost from the start.
A good assistant is worth her weight in gold when it comes to how much more money you can make. By training her and allowing her to take over specific tasks for your business, you can spend your time focusing on the things that actually bring in cash like finding properties, working out the best finance options, etc.
Your assistant can also save you hours of work every week by doing the jobs that must be done but that you may not be as adept at. Things like keeping your files in order, tracking and managing rental payments and deposits, handling accounts payable and receivable, running background checks and more are all key to your REI business, but they take time you could spend doing only the things you can do.
One of the most essential aspects of hiring an assistant is that she will help you to better market your business. Not only by running direct advertising or marketing campaigns, dealing with the newspapers or printers, and keeping your mailing list updated, but she can help you generate leads through more direct mailings or other methods you probably couldn’t do on your own, without help.
Another benefit of hiring an assistant is that you will look more like a REI professional than simply someone who’s trying to make money in real estate. And there’s a big difference. When someone calls you and reaches your assistant, they’ll be able to see immediately that you’re serious about your business. It will increase your credibility ten-fold or more.
There are other benefits to hiring an assistant for your REI business, not the least of which is the amount of stress it will relieve. Knowing that you have someone to take over if you get sick, or have to go out of town, and knowing that there’s someone to answer the phone when you’re unavailable, can dramatically reduce the pressure you feel when you try to do it all yourself.
