http://www.joecrump.com/youtube Real estate investment expert, Joe Crump, teaches zero down investing techniques. Learn foreclosures, short sales, subject to, land contracts, multi-mortgage and other creative real estate financing structures. Six Month Mentor Program http://www.ZeroDownInvesting.com Read Joe Crump's Blog: http://JoeCrumpBlog.com/ Joe Crump's website: http://JoeCrump.com Read the Transcript: Once you have your business up and running, what you'll find is that all of the work you have to do to keep up with the leads you're getting is overwhelming. How do you outsource all of that grunt work? What should you do to reduce the work affordably and cheaply? Here's some of what I do and some tips on what you can do, too, to make your business run a lot more smoothly and free up your time. "Dear Joe, you always say that if I want to really make money as a real estate investor, I need to hire an assistant, but I just can't afford it. Do you have any suggestions?" -- Terry Geyser, El Paso, Texas Joe: First of all, you have to know what you're doing before you start outsourcing business. You don't want to start paying other people to do work for you until you know that that work is going to be productive for you, and that the leads that it brings in to you are going to get you the cash as quickly as possible. Joe: Let's look at your business in general and how you want to build it. I suggest doing the "For Rent Method" first. Learn how to do that process, i.e. how to talk on the phone, how to get sellers to accept your offer, what to say to them, using the scripts, getting them to say yes in this process -- that's the first thing -- you want to get to the money first. Once you get a deal together, you get a buyer, do all of the grunt work yourself, take the phone calls, run some ads and make that happen yourself, and then make some cash. Joe: Maybe you do that once, twice or even three times. Then, you realize that you're so overwhelmed by the leads coming in and by all of the work that you've been doing, that you need some help. You also know that if you get some help, it's going to make you focus on the things that make you the most money and it's going to put the people you outsource on those things, i.e. administrative work and things that can be done by somebody with a very low level of skill. Joe: You can get somebody for $6 to $8 an hour on Elance to do this work for you. I show you exactly how to do that and I even give you emails with the text you can use to put up job postings that you can use on Elance, RentACoder or any of those places where you can find administrative people to do this work for you. It's very easy. You just have to be very specific about what you want. That's why I wrote these job postings -- so that you can get these people. Joe: I think Elance is one of the best ones out there. There's a bunch of sites like it. I use Elance all the time because it's easy and everything is all in one place, and I can go back to all of the jobs that I have going on and communicate with them and pay them through Elance, so I really like that process. Also, whenever I want to test something new or try a new campaign, I'll get somebody new at Elance, or I'll use somebody that I'm already working with that needs some more work. Joe: These people might be in Bangalore, Wisconsin, California, the U.K., or maybe even Pakistan. I have people all over the world doing things for me virtually, helping me sell properties in Indiana and the other states that I'm working in. Joe: And you can do the same thing. It's really not difficult or very expensive, and if you combine this with the websites, the autoresponders, the voice blast and email technology that I've given you, then all of these things combined make an incredible system to bring in business constantly. Joe: Ultimately, though, you're going to have to outsource this work or else you'll become overwhelmed by it. Joe: I have some folks right now who have been in my program for a few months who are making a lot of money -- they're doing five or six deals a month right now, so they're making good money -- but, they were making a few hundred thousand dollars a year in their job. They want to quit their jobs but they want to replace the money from their job BEFORE they do that. Well, now it's getting to the point to where they're doing so much work that they need to be able to automate or else they won't be able to get their income up to the point of being able to replace it because their time won't be as usefully spent. And so, I'm helping them through the process of getting their income up, using outsourcing, automation and having other people help them do that.... To read the rest of the transcript, click here: http://joecrumpblog.com/blogvideo18/?utm_source=Youtube&utm;_medium=EndLink&utm;_campaign=Youtube

• published: 15 Feb 2013
• views: 883