Want to make more money for less work? Of course, you do! We all do. That’s why Gavin is interviewing Michael Schwartz today. He’s going to tell us all about how he was able to accomplish both of these things by spending time and effort building a good team.
It’s all about working on the business, not in the business. Michael learned the hard way that when he was doing everything himself, leads were slipping through the cracks. There’s just only so much that any one person can handle. By partnering up with another investor and hiring a “boots on the ground” guy to look at properties for him, Michael was able to free up his time, while also getting more deals done.
Gavin likes to break real estate investing down into three phases. Phase 1 is learning the basics, and get some deals done. Phase 2 is when you start to grow and add to your company by outsourcing and delegating. Phase 3 is when you can sit back and watch the business run itself.
It takes time and works to get there, but Michael is about to move from Phase 2 to Phase 3, and he shares some advice and tips he learned during his journey.
To get involved in the program yourself, go to REInetwork.com/join.
Watch and Learn:
Listen and learn:
- Don’t try to do it alone.
- Partnerships mean more deals, and more deals mean more money.
- The 3 Phases of real estate investing.
- How to build a consistent marketing plan.
Mentioned in this episode:
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