Growth in the Real Estate market requires effectively delegating tasks and putting them in the hands of people we trust. How do we leverage our personnel to help tackle our internal workloads? What are the biggest obstacles we need to overcome in order to run and scale a successful business?
In this episode, broker, contractor, and entrepreneur, Jared Holland shares how he successfully manages operations with high volumes.
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The challenge is trying to scale a business while being able to let go of certain parts of it. – Jared Holland
Get creative about financing your early deals
Doing a flip with the owner of the house is one of the best ways to get started as an investor. Sharing costs will be mutually beneficial to all parties involved and increasing the homes selling price leads to a healthier profit split.
Growth leans on the people we work with
Some entrepreneurs only aim to get their business to a relatively comfortable place, while others prefer to keep growing and pushing boundaries. In order to keep growing, we need to focus on building a strong team that supports our long term goals.
If we train our key people accordingly, we can trust them with the big decisions
Train key employees how to do simple bookkeeping. We may be hesitant to put these tasks in someone else’s hands but we have to do it to scale. The volume of any business can sink even the most numbers-based person.
Jared Holland is a real estate flipper, broker, contractor, and entrepreneur. A licensed real estate broker who entered the real estate industry in construction management, Jared transitioned into operating his own painting company, and finally launched his own development firm – JH1 Development.
Jared focuses primarily on renovating distressed properties and ground up development in South Seattle and West Seattle. His expertise in these areas gives him invaluable skills serving both buyers and sellers in these markets.
For more information, visit http://www.jh1homes.com/ or follow him on Instagram @jaredflipsseattle.
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