When to scale your buisiness? Should we hire general labor?
My husband and I have an LLC flipping houses. We are currently working on our 3rd investment property. He does most of the labor, I do all the designing / bookkeeping and painting. With him being the only person on the job site flipping an entire house, (aside from major repairs such as foundation or roof replacement) it takes several months. This is his full time job. At what point did you decide to use hired help? It will decrease our profit, but will increase the time between one finished deal and another. (Fast Nickels vs. slow dimes) I can't justify paying someone labor, because it will cost more to pay them than what our holding costs are. So that math equation didn't work out. At what point did you decide to scale up? Any advice is appreciated.