Outsourcing is clearly no longer just for those real estate investing companies who want to save a few dollars on staff or who want to get up and running faster without being tied down to a physical office. Outsourcing is now essential for all real estate investing companies who want to stay competitive and realize the maximum possible profit margins. However, outsourcing can be tricky and full of pitfalls for those who are new to it. So what can you do to get the most out of your outsourced staff and keep your real estate investing company rocketing towards success.
Perhaps the most critical part of outsourcing for real estate investing businesses is making the right hires. If you don’t have one yet hiring a virtual assistant should be your first move. Hiring a VA first can help you build experience at hiring and working in a virtual environment. Your new personal assistant immediately begin freeing up your time so that you can focus on more important things and really start growing your real estate investing business. Plus your VA can help you post new jobs ads and assist in screening you next hire.
Following this you really ought to look for a great project manager. This is not a position to skimp on and not one you should try to assume yourself if you really want to build a valuable real estate investing business that can be scaled and grow. Remember you are creating a turnkey business that can help you reach all of your goals not just creating another job for yourself, which is exactly what you will be doing if you try to manage a small army of outsourced staff yourself.
Once you start looking around you will find that there are many ways and places to find freelancers and outsourced staff for your real estate investing business today from Craigslist to call centers in India. However, you will find the best results, highest productivity and best returns on your labor budget by hiring through one of the major outsourcing platforms like UpWork or at least investing in some form of employee time tracking and monitoring software.