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Updated over 6 years ago on . Most recent reply

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636
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Jacob Pereira
  • Real Estate Agent
  • Austin, TX
485
Votes |
636
Posts

Worker sharing program

Jacob Pereira
  • Real Estate Agent
  • Austin, TX
Posted

It's been driving me nuts that for every little job that I'm too lazy or incompetent to do I have to pay someone else hundreds of dollars just to show up and take care of it, but I don't really have enough work to hire a permanent worker (16 units in Austin). An idea I came up with was to share a worker with a few other local investors, with each of us taking him one day a week to take care of whatever projects we need, and some sort of contingency if you need him more or less. Has anyone ever tried this before? And, if so, how did you like it and what are the things to watch out for? Also, is there anyone here in the Austin area who would be interested in trying something like this?

Most Popular Reply

User Stats

229
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259
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Beau Fannon
  • Real Estate Agent
  • Austin, TX
259
Votes |
229
Posts
Beau Fannon
  • Real Estate Agent
  • Austin, TX
Replied

I could give you a long drawn out super detailed breakdown of what that would entail. But I'm not going to. By the time you got it up and running, it would cost you more money than you're currently paying and take more time to manage. 

I try very hard to be present for the repairs that are out of my league. Then I watch and learn. I don't pay professionals for their work, I pay them to teach me. 

Except roofers. Screw heights. I pay roofers for their work.

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