I decided to try something new – and it saved me over $150 just this month.
I’m not the first to use this technique, and I definitely won’t be the last.
And the cool thing is – It will probably save me hundreds per month for the foreseeable future.
Curious of what it is?
Before I tell you, I want to ask you one question…
How much do you spend on maintenance, cleaning, lawn work, etc each month?
If you don’t spend very much, then this tip may not save you that much each month (yet) BUT I still believe this is an important tip to use anyways… and will make “scaling your business” much easier.
Alright, without further suspense…
How to Analyze a Real Estate Deal
Deal analysis is one of the best ways to learn real estate investing and it comes down to fundamental comfort in estimating expenses, rents, and cash flow. This guide will give you the knowledge you need to begin analyzing properties with confidence.
The One Tip to Save You Hundreds
Last month I had a tenant move out without cleaning. The house was a disaster and needed at least 10 hours of work to get it looking better. My usual cleaner charges $30 an hour and I was about to give her a call when I decided to try a new strategy.
I proactively sought out a new cleaner on Craigslist.
It took less than a minute to log on to Craigslist.org, navigate to the appropriate location, and place a simple 3 paragraph advertisement that simply said:
Title: Looking for Dependable House Cleaner
Text: Looking for a responsible, dependable person to clean an occasional house or apartment for local rental company. Must have own cleaning supplies and transportation. Requires travel to (town) (town) and (town.)
Current pay: $15 per hour.
Call (Phone Number) and leave a message.
Within a few days we received numerous calls, including two that sounded promising. We ended testing out both cleaners on different properties – and it was clear who won.
- Cleaner #1 showed up 4 hours late, lied about it how many hours she worked, and had a bad attitude.
- Cleaner #2 showed up on time, with his truck and supplies, worked hard, and did the best cleaning job I’ve ever seen.
Clearly, cleaner #2 was the victor. Not only was he a great cleaner, but he also does lawn care and small maintenance jobs. And – he’s a great guy just looking for side income. I estimate that I’ll save between $150-$400 per month, every month, from this simple Craigslist ad.
How Will You Use This Tip?
Had I not taken the thirty seconds to post the Craigslist ad, I would have continued to use my $30 cleaner and on this one property would have spent an extra $150 – maybe even more because the new cleaner also mowed the lawn while he was there.
Sometimes it’s just small, simple tips like this that can save a person hundreds of dollars per month. As I mentioned earlier – even if you don’t spend a whole lot of maintenance and lawn care, finding dependable people right now that you can trust will help you scale your business as you grow.
I am a big believer in “systems” – running your business like a machine that works without you, the owner, clogging up the system. This tip of proactively seeking out people to make your machine work is crucial in running and scaling your business. This is the key concept from the book, The E-Myth by Michael Gerber (Which, if you haven’t read, I highly recommend you pick up a copy) and a trait that comes up over and over and over with the guests on the BiggerPockets Podcast.
So whether it’s a cleaner, a contractor, a landscaper, a maintenance guy, or someone to show units when you can’t – go out and start proactively seeking those people out now. It may take you a few attempts to find the right person – but once you do – your life will never be the same!
Have you tried using Craigslist to proactively seek out people to work for you? How did it turn out for you?
Let me know in the comments below!