High Leverage Tasks Generate The $$$
As the owner of a real estate investment company, you spend a lot of your time managing the countless tasks that come your way on a daily basis. While all of these tasks are necessary to run your business, not all of them seem to bring about the same benefits. We can distinguish between these two types of tasks by splitting them into two groups: high leverage and low leverage tasks.
High Leverage Tasks: High leverage tasks are the tasks that actively and directly generate revenue When it comes to the business of real estate, the most obvious high leverage task would be closing on a deal. That deal closing is where your money comes from, and without it, none of the other tasks you do will matter, because you won’t have a business in the first place.
Low Leverage Tasks: Low leverage tasks, on the other hand, can be defined as the mundane, day-to-day tasks that are required to make your business run. Depending on the size of your business, this can include a lot different types of things — setting up a marketing plan, hiring and firing employees, cold calling, following up with potential leads, managing payroll, etc. Each of these is important for a business to run and for employees to want to show up each day, but they don’t actually bring in revenue on their own.
Now, you can argue that those low leverage tasks are just as important in their own way. I mean, without generating leads and following up, how are you going to get to the point where a deal — with anyone — is even possible? Without paying your team and managing the books, how are you going to have a business to run in the first place? So, while we’re saying that there’s a difference between those high leverage and low leverage tasks, even the low leverage tasks are important and need to get done.
But, wouldn’t it be great if you didn’t have to worry about them quite so much? This is where REI vault comes in.
What is REIvault?
At REIvault, we’ve built a system that is set up to serve you by taking care of many of those low leverage tasks. With those out of the way, you have so much more time, energy and resources that you can devote to closing that deal — which is really why you got into this business in the first place, right?
So, how can REIvault help you? By providing you with a virtual team that helps to manage your tasks. The founders of REIvault realized early on that when resources are pooled, everybody wins by creating a system where everyone works for each other. This helps to bring not only expertise to the job, but also the needed resources to deal with many of those low leverage tasks that are necessary, but get in the way of where the real business lies.
What this does for you is free you up to make money. We’ve found that even single investors can now start pulling in high numbers without having to hire a single employee, simply because they are now free to focus on closing deals and generating revenue. This happens because every member of REIvault is committed to pulling their resources together, while only having to focus on the motivated seller leads that they need to follow up with — leads that were generated and sorted by REIvault as well!
What is REIvault is Not
We are not simply a virtual staffing company, outsourcing people to handle your emails and generate leads. Instead, we are a dedicated support team that is comprised of experienced professionals who know their way around the real estate business. By pooling this expertise and these resources, we have found that we can give RE investors a leg-up, working together to get the low leverage tasks out of the way, and encouraging owners to focus on those high leverage tasks.
If this sounds like something you would like to know more about, please don’t hesitate to contact us today. We are ready to work with you and get you focused on what matters most! CLICK HERE to find out more about REIvault and apply!