And outsourcing management might be another strategy short of an exit.Best of luck!

Your time is more valuable than what it costs to outsource management.  

Finding them and funding them is where you should be spending your time once you know what you're doing, that's the part you can't really outsource.  

HI all,Just started reading the Millionaire Real estate Investor, and came across the concept of the 80/20 Rule: Where 80% of your results are determined by only 20% of your actions.I personally I can see this being applied both in the  personal and the real estate world, by focusing on activities that deal with my strengths, while outsourcing tasks that I am weak in to some who excels in that area.

You can always outsource stamps if you need them.

Hi David,I definitely intend to outsource the management to a 3rd party co.

Also, many people will simply outsource that part of it with the property management company, so if you're looking for even less work, that is also an option.

I'm guessing your cleaning fee is constant but how have you outsourced the cleaning?

His hands-on experience starting his own portfolio has been vital as we team up to educate local investors looking to do the same.I continue to struggle with time management but have made huge strides this year to focus my time on the things that are most important and outsource the rest.

Don't get me wrong somethings are outsourced, but try to keep all the basics in-house and clients love it because we do not have an inflated maintenance cost.