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Real Estate Investing with Coach Carson

#308 - How to Free Up Time on Rental Properties With Automation & Outsourcing

Real Estate Investing with Coach Carson

Chad Carson

Investing, Business

4.9613 Ratings

🗓️ 11 September 2023

⏱️ 73 minutes

🧾️ Download transcript

Summary

Episode #308 – Unlock more time and profit in your rental property ventures by making strategic hires, understanding the vital role of an asset manager, and harnessing the power of an integrator to take your real estate game to the next level.

🔗 Show Notes:

https://www.coachcarson.com/businessautomations

🔗 Links:

🎬 Timestamps:

0:00 - Chad's Intro

2:07 - Justin's background

5:17 - "Flipping houses" model

8:37 - Wholesaling vs Rentals

15:02 - Rental business positions

26:47 - Hiring the "right person"

33:07 - Rental property business

46:36 - Hiring the Asset Manager

50:57 - What the Integrator does

1:03:05 - Integrator Hiring Resources

1:05:00 - Justin's business advice

1:08:53 - Where to connect with Justin

1:10:33 - Outro

--------------------------
⭐ Join Rental Property Mastery, my community of rental investors on their way to financial freedom:

https://www.coachcarson.com/rpm 

⚒️ Get my FREE Real Estate Investor Toolkit:

https://www.coachcarson.com/toolkit-pod 

🖥️ Learn with Coach (Courses, Books & more):

https://www.CoachCarson.com 

👋 Connect with Me:

📸 https://www.instagram.com/coachchadcarson

👍 https://www.facebook.com/coachchadcarson

🐦 https://twitter.com/CoachChadCarson 

💰 DealMachine – Software to help you buy more real estate deals:  https://www.coachcarson.com/dealmachine 

Transcript

Click on a timestamp to play from that location

0:00.0

If you want to know how to just simply hire somebody who's going to help you transform your business into something that's relatively passive, hire a delegator.

0:07.9

If you can hire a delegator, that person can build all your systems for you.

0:11.3

You can just go to the owner position, hire the person that's going to be able to systemize the things that you need to do and optimize for you.

0:30.4

Welcome to the podcast, Real Estate Investing with Coach Carson.

0:31.9

I'm your host, Chad Carson.

0:33.1

You can also call me Coach.

0:36.7

And this is a show to help you build a profitable and passive rental property business so you can get out of the grind and do more of what matters.

0:40.3

Really excited to have you here today.

0:41.6

If you're a new listener, welcome.

0:43.1

If you're an old listener, thank you for being back for another episode.

0:46.1

We are going to talk about a topic that I love.

0:49.3

I'm kind of nerdy about this topic in my book, The Small and Mighty Real Estate Investor.

0:53.1

I wrote a whole chapter about systemizing and automating your rental property business. With the ultimate goal,

0:59.5

of course, real estate does take some work on the front end. You've got to invest your time

1:02.5

finding properties, getting financing. But the cool thing about owning rental properties,

1:07.4

they start off with a lot of work on the front end, but they can end up passive enough to the point where for me personally, I spend a couple hours per week on my rental properties, managing the manager, managing my tenants, doing little things here and there. But then I've been able to travel, been able to do things with my family. So we're going to get into the nuts and bolts today. And I have a friend of mine, one of the best people I know to talk about this topic with me. Someone named Justin Foster. Justin, welcome back to the podcast.

1:34.4

Thanks, Dad. It's really good to be back. And thanks for having me. It's going to be fun. Absolutely. So Justin was on a prior episode where we talked about his transition from working a full-time job

1:45.0

to transition to being full-time and rental properties and flipping properties and rentals.

1:49.5

So I'll have a link to that in the show notes and the video description if you want to check that out.

1:54.0

That's a great episode as well.

1:56.0

But Justin, we're going to get into the nuts and bolts as I just talked about of systems and processes and building a team and you have a really unique way. We both have kind of different nuances and how we do it, which is going to be great to talk about. But just to let everybody know a little bit more about you, I want to hear, let them know more about your background. So let's kind of give them the highlights of your real estate story, of what drew you to it and kind of what your

2:18.7

journey's been like so far with your own real estate invest in. Right. Yeah. So I got into

...

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