Anyone else just Exhausted?

[Greg P.]

Hello, I'm working on two rehabs, wholesaling a couple of deals and managing contractors. On top of that, I'm looking for more houses to buy and saw at seven houses yesterday. Today, I feel very exhausted and I feel like my mind is spinning. To me, this is a very tough business, anyone else go through this during busy times? Thanks in advance.

[J Scott]

This business can certainly wear you out...no doubt about that. Especially on an emotional level...

From a purely work standpoint, I highly recommend focusing part of every day on creating systems and processes that will allow you to streamline parts of your business. Especially those parts of your business that recur frequently.

The example I always give is how on my first few flips, I'd spend hours putting together materials lists, visiting lots of stores, picking out lots of materials, buying them, picking them up, etc. Literally, I probably spent 12 hours doing this on each of my first three flips.

After that, I created some systems to streamline this process of buying materials. Long story short, I now spend about 30 minutes dealing with materials on each flip, and most of that is sitting at my computer.

I do that for each aspect of my business that I find time consuming...ultimately I now spend about 4 hours on an average dealing with each flip, down from about 100 hours on each of the first two.

In some places, it eats into my profits a bit, course, but my hourly profit is now about 10 times higher than it used to be, so it's worth it to me...