It’s easy to make rental property mistakes when trying to grow your business.
Learn how I got to where I am today — and how I can help you reduce your workload, increase your cash flow, and have more time for the people and things you love.
How much time and money have you poured into your rentals?
People often buy rental properties thinking they can generate extra income with little to no effort. But they soon realize that ineffective systems and negative cash flow end up costing them a lot of time and money.
When you’re promised free time and a steady stream of income, it’s frustrating when you have to pour more money into your business while spending yet another weekend at your rentals — and away from loved ones.
I’ve been exactly where you are now.
When I retired from the Marines, I worked as a hotel accountant and invested in 12 rental properties on the side. As busy as life became, my goal was to buy more rentals so I could leave my accounting job, make more money, and have more free time.
But as I grew to 92 rentals without a solid system in place, my cash flow was erratic, and I was always stressed. Being my own boss was a nightmare — and because I was working 18-hour days, I didn’t have much time to spend with my wife and kids.
The stress of negative cash flow and a disorganized mess of a business eventually landed me in the hospital with double pneumonia. I decided I was done with the unhealthy “hustle” and ready to start making my business work for me.
I struggled so much because I was using a one-size-fits-all approach.
Most real estate courses (like the ones I first took) teach the same bottom-up approach. It’s often based on finding the answers to your most pressing problem at the moment, which is why a bottom-up approach can work well when you first become a rental owner.
But a one-size-fits-all system just doesn’t work long term. It won’t help you grow your business; it will cost you lots of time and money; and it can trap you in a job you don’t enjoy. That’s exactly what happened to me — and why I decided to make a change.
When I created a more efficient, strategic system, my life turned around.
I took time to analyze my rental property mistakes and ask myself how I could run my rentals more efficiently. That’s when I developed the VIP Method, a set of operational and business systems. I now teach these systems to other rental owners so they can grow their portfolios, streamline operations, and get their personal life back.
The VIP Method allowed me to go from working 18-hour days on 92 units to spending just two hours a week on over 250 units. I no longer have to worry about being interrupted by a phone call during dinner, chasing down rent and lease renewals, or making enough money to support myself and my family.
With an increased cash flow and a business that runs without me micromanaging everything, I finally have time for the people and things I love. And I want the same for you.
By streamlining your rental operations, you can:
Wondering what other rental property mistakes you might be making?
Check out my free e-book, 5 Property Management Mistakes to Avoid, to start saving money, growing your business, and making more time for your loved ones and hobbies.
Grow your rental business while making time for the people and things you love most.
It’s easy to make rental property mistakes when trying to grow your business. Learn how to reduce your workload, increase your cash flow, and have more time for the people and things you love.