BURN OUT, the struggle is real

[Logan M.]

Recently, my assistant resigned for health reasons (Magically when he ran out of PTO). This has created tremendous property management work for me on top of the normal real estate businesses I run.

What I have realized is that it has created an opportunity for me to see my systems and processes for what they are, which is far from perfect.

Initially, when we start investing we can throw time and some money at problems but our shortcomings are magnified as we do more and more deals. I am not convinced that anyone is running the perfect management system for their properties but I do think that there are much better ways to run the business.

I don't manage any properties that I don't own (Besides one, long story), the big takeaway is to know where you want to go and stay in your lane. The most stress I am feeling now is because of the work that is deviating from my normal investment business.

Hopefully, I will be able to hire someone soon that has property management experience but until then I am in the trenches a little more than normal.