This is a typical scenario. You decide to become a real estate investor, specifically a house flipper. You read a few books, learn all about the steps a flipper should do, and then start systematically attacking those tasks one by one.

This is an ambitious plan and anyone should be commended for trying it. Earning money as an investor is not for the faint of heart and requires a lot of patience and discipline. However, it does not require you to do all the jobs and tasks that need to be done. Trying to do it all, just to save a few bucks, is “foolish.” You see, you need to spend your time doing what you do best. You must be doing the things that will help your business grow. You shouldn’t be out on the street hammering “For Sale” signs.

This is a mistake that most novice investors make. They think they have to do everything. They have trouble letting go of even the most mundane tasks. This is a huge mistake and will cost you dearly in lost revenue.

You need to know the steps involved in your business. You can also justify doing everything at least once, just to get an idea. But on an ongoing basis, you need to outsource as much as you can. Your focus should be on finding the next property and marketing the ones you already have. Everything else can and should be outsourced. This only makes sense, it is the only way to grow your business.