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Updated almost 9 years ago on . Most recent reply

Do I hire an assistant, bookkeeper...?
I need some advice on how to leverage my time by hiring someone to help grow my business.
I have a portfolio of about 50 rental units here in Iowa, which I've done a decent job of systemizing that portion of my business. I've been using a VA for almost a year and they has helped tremendously with the amount of time I spend on the business. Other than the bookwork, I spend only 5-10 hours a week managing my rental property.
In the last few months I've started a wholesaling/flipping business and I've gotten tremendously bogged down by the amount of work I've created for myself. I've been sending out mailers, about 4000 a month for the last couple months. Ive been able to get a couple deals out of it so far, so I know that what I'm doing will pay off huge after several months. But I just can't keep track of all of the leads that are coming in. I know there are deals that I'm missing, just because I'm not getting back to everyone quick enough.
So I'm looking for advice on my next hire. Do I just hire a bookkeeper to take over that portion of my responsibilities. It's probably several hours of my week. Or do I hire someone that can take some calls?
I like talking to the sellers and looking at houses, and I think I'm pretty decent at it too, so I don't think that's the portion that would be smart to delegate at this point.
Thanks for any help!
- Chase Keller
- [email protected]
- 319-231-1160