This process is about creating the systems that will enable you to take one step back. You can leverage and you can be the owner of a business rather than an employee of your own portfolio, which ultimately is the reason why most of us are doing this, isn’t it?
Most of us don’t go into Property because we want to be a full time employee of Property at 60 hours a week because that’s what we love.
We’re doing this because we understand the lifestyle that it can give us; it is a means to a destination. Everything you do in your business should be documented somewhere.
If you systemise your business and everything you do is documented, you can take a 3 week holiday in Marbella and leave any one person in charge of your business with simple instructions while you sip Pina Coladas and smoke Havana cigars
But of course if all of the information stayed in our heads and Mark and I both decided we wanted to go on a 2 week holiday, then our business would be on standby for 2 weeks.
Our business would be completely and utterly dependent on us to the point where it wouldn’t work if we weren’t there. That’s not a saleable, viable or valuable business
Here are 7 highly effective ways to own your portfolio and your life, so it doesn’t become another full time J.O.B, introducing the S.L.A.P.P.E.D model
This is where you go to a complete hands free fully leveraged Property investor who has to work minimal hours.
Do it now as an ongoing task, starting small, keeping it simple, getting perfect later but documenting everything.
In 2 or 3 years time, when you have 10 or 20 properties, your life will be so much easier and you’ll be so glad you did it.
And you’ll be making much more cash whilst sunbathing on your beach!