{"id":93288,"date":"2019-10-21T17:00:02","date_gmt":"2019-10-21T23:00:02","guid":{"rendered":"https:\/\/www.biggerpockets.com\/renewsblog\/?p=93288"},"modified":"2021-03-16T13:42:08","modified_gmt":"2021-03-16T19:42:08","slug":"get-organized","status":"publish","type":"post","link":"https:\/\/www.biggerpockets.com\/blog\/get-organized","title":{"rendered":"6 Steps to Master Organization in Your Investing Business"},"content":{"rendered":"

When pressed to meet deadlines and make magic happen, many people say they don\u2019t have enough time. However, a highly organized person knows how to make time, sometimes out of thin air.<\/p>\n

How is that possible? Can time really be created?<\/p>\n

Of course, but not like it sounds. There are only 24 hours in the day, but those who are able to create time are skilled in the art of task management\u2014the tool that gives you the power to create your day as you wish.<\/p>\n

If you\u2019re investing in real estate, you need to be organized<\/a>. Being organized will help you effortlessly track current investments and stay on top of new opportunities with ease.<\/p>\n

Here are some tips to weave more organization into your life.<\/p>\n

6 Steps to Master Organization in Your Investing Business<\/h2>\n

1. Erase the concept of \u201ctime management.\u201d<\/h3>\n

Time can\u2019t be managed, so it\u2019s best to erase that concept from your mind immediately. You only get 24 hours in the day. Think of it as task management instead to generate better results.<\/p>\n

It seems too simple, but the words you choose to represent your method of managing your day will influence your attitude. Time is frustrating and uncontrollable; trying to manage it is crazy.
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\nRelated:<\/strong> The 3 Benefits of an Organized Landlording Business<\/a><\/em><\/p>\n

With \u201ctime management\u201d you\u2019ll be incessantly looking at the clock, rushing around to get things done \u201con time.\u201d With \u201ctask management,\u201d you\u2019ll be more focused on completing your tasks and achieving the goals you\u2019ve set.<\/p>\n

\"\"<\/p>\n

2. Keep phone logs of everyone you talk to.<\/h3>\n

Ditch the post-it notes and scratch paper. You need a centralized location to log all of your contacts and conversations with people. Excel is a great (and free) program for this. A log will be your biggest time saver.<\/p>\n

With a log in front of you, you won\u2019t need to put someone on hold while you dig through scattered notes to find information.<\/p>\n

3. Organize all of your investments.<\/h3>\n

You probably have outside investments that aren\u2019t real estate-related. Having all of your investments organized is the only way to keep your mind free from distraction.<\/p>\n

First, take stock of all of your investments. Next, examine them to find out if they\u2019re worth keeping. Don\u2019t keep them unless they\u2019re bringing you ROI and don\u2019t require a lot of time.<\/p>\n

If you don\u2019t know if one of your investments is worth selling, look it up. You might be surprised to learn that it\u2019s actually a good time to unload it. For example, FedEx route sales have been increasing for several years and are now up by 15 percent. It\u2019s the perfect time to sell for those who are looking for a new investment opportunity.<\/p>\n

Remember that any investment you hold onto is going to demand some of your time and energy. If you\u2019re trying to squeeze more time out of your day for your real estate investments, ditch the investments that take up time you\u2019d rather spend on your properties.<\/p>\n

4. Plan your entire week on Sunday.<\/h3>\n

If you show up to your office on Monday and don\u2019t have a clue what you\u2019re doing that day until you look at your calendar, you could use a little help with organization.<\/p>\n

Plan your week on Sunday to the best of your ability. Unexpected meetings, calls, and tasks will always pop up, so leave room throughout the day to handle them. Just make sure you schedule out everything you\u2019ve already committed to and stick to it.
\n
\nRelated: 4 Practical Ways to Keep All Your Real Estate Documents Organized<\/a><\/em><\/p>\n

By scheduling tasks, you eliminate overlap and double booking. You\u2019ll never have to call someone back later to verify your availability before making new plans.<\/p>\n

\"\"<\/p>\n

5. Review the next day\u2019s tasks.<\/h3>\n

Always review the next day\u2019s tasks before you end your day. Give yourself a head\u2019s up. Otherwise, you might decide to sleep in and miss an important meeting. It happens all the time.<\/p>\n

6. Keep a digital camera in your car.<\/h3>\n

Instead of relying on your smartphone, keep a digital camera in your car for taking photos of properties. If your smartphone breaks or you leave it at home, it won\u2019t affect your plans to photograph a property.<\/p>\n

The more organized you are, the smoother your days will be. You\u2019ll have more time to consider new investments, and tend to your current investments.<\/p>\n

\"\"<\/a><\/p>\n

Any tips you’d add to this list?\u00a0<\/em><\/p>\n

Leave them below!<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

If you\u2019re investing, there’s a lot you need to keep straight. The more organized you are, the smoother your days will be. Plus, being structured will help you effortlessly track current investments and stay on top of new opportunities. Here are some tips to weave more organization into your life.<\/p>\n","protected":false},"author":59534,"featured_media":117837,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4241],"tags":[],"class_list":["post-93288","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-estate-business-management"],"acf":[],"comment_count":0,"_links":{"self":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/posts\/93288","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/users\/59534"}],"replies":[{"embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/comments?post=93288"}],"version-history":[{"count":0,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/posts\/93288\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/media\/117837"}],"wp:attachment":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/media?parent=93288"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/categories?post=93288"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/tags?post=93288"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}