A while back, I was asked by Mike Simmons if I would be a contributor for a series of posts that he was doing for his blog “Just Start Real Estate”.
If you're not familiar with Mike's site, he does a daily podcast just for new investors. I highly recommend that you check it out, because he does a great job.
Mike asked everyone to record their answers to a series of questions. I will be posting my answers to his questions over the next couple of weeks. You can read the answers or listen to the recording.
Here Is the First Question
“Should a brand new investor automate their business right from the start, and if so what should be automated?
Today I would like to talk about the importance of automation and systems in your REI business.
You Can Listen Here
I love this question because this is one of my biggest regrets; not creating systems right from the beginning and not outsourcing sooner. Entrepreneurs are by nature “do it yourselfers”. They tend to fly by the seat of their pants a lot of the time. Most of us are also under the illusion that we have to do it all; that we can do it all. Read the rest of this entry →