
Why You Need a Real Estate Investing Virtual Assistant
Non-stop multitasking is the name of the game for real estate investors. From keeping up with current properties to analyzing new ones, there’s always something that needs to be done.
But there’s only so much that one person can do in a day—which is where a virtual assistant comes in.
A real estate investing virtual assistant can help take some of the administrative burdens off your plate so that you can focus on what you do best: making deals.
What Is a Virtual Assistant In The Scope of Real Estate Investing?
A virtual assistant is an online assistant that helps with various tasks related to real estate investing, such as marketing properties, communicating with prospects and clients, and managing paperwork.
The many tasks of a real estate investor can be time-consuming and overwhelming. This is where a virtual assistant can be extremely helpful in taking some of the load off of your plate.
Virtual assistants for real estate investors will have experience and be knowledgeable in various areas of real estate investing, so they can hit the ground running and be valuable assets to your business.
There are a number of ways that a virtual assistant can help you with your real estate investing business, which we will cover right now.
Where Can You Find Virtual Assistant Services For Real Estate Investors?
There are a number of companies that offer beneficial virtual assistant services for real estate investors. Here are some of the most real estate investor virtual assistant companies you can use:
- UPWORK: This is a popular freelancing website where you can post your real estate investing tasks and receive bids from interested virtual assistants
- FIVERR: This website is similar to Upwork, but the services start at just $5
- ZIRTUAL: This company offers a more personalized virtual assistant experience, with a dedicated virtual assistant assigned to you for $299 per month
- DELEGATED (FORMERLY RED BUTLER): Delegated is a high-end virtual assistant company that offers real estate-specific virtual assistants starting at $1,000 per month
5 Ways a Real Estate Investing Virtual Assistant Can Help Your Business
Real estate investor virtual assistant tasks that can help you with your business are vast. Here are five examples of how they can be of assistance:
1. Market Research
One of the most time-consuming tasks for any real estate investor is staying up-to-date on the latest market trends. Is your target market growing? Are there any new developments affecting it? What about your competition—are they expanding or consolidating? real estate investing virtual assistants can help you keep tabs on all this information and more, freeing up valuable time that you can use to grow your business.
2. Prospecting and Analysis
A real estate investor virtual assistant can help you with this by conducting preliminary prospecting and analysis. This includes tasks like finding potential properties, running comps, and evaluating market data. That way, when you’re ready to start making offers, you’ll already have a shortlist of high-potential properties to choose from.
3. Transaction Management
After you’ve found the perfect property and negotiated a great deal, it’s time to bring it home by managing all the paperwork and logistics involved in closing the transaction. A virtual assistant can take care of this for you, ensuring that everything is in order and keeping you updated along the way. This way, you can focus on finding your next great investment—while your virtual assistant keeps things moving forward on the back end.
4. Ongoing Management and Maintenance
Once you’ve closed on a property, you will know it’s far from over. A virtual assistant can help with this by keeping track of appointments, arranging for repairs and renovations, and dealing with any tenant issues that may arise.
5. Real Estate Investor Website and Social Media Management
In today’s digital world, it’s more important than ever to have a strong online presence, regardless of who you are. A virtual assistant can help you with this by managing your real estate investor website and social media accounts. This includes tasks like creating and curating content, responding to comments and messages and driving traffic to your site.
3 Ways a Virtual Assistant Real Estate Investor Can Help You Personally
Saves Time
Working with a VA not only saves you time, but as a real estate investor, it’s likely that you’ve got plenty of things going on, in and outside of work.
Having someone to handle administrative tasks, such as scheduling appointments, sending emails, and conducting market research, can free up your time so that you can focus on more important tasks or even allow yourself to spend time with your family if you so choose.
Boosts Productivity
In addition to saving you time, working with a VA can also boost your productivity. When you outsource tasks to a VA, you’re able to focus on the tasks that you’re good at and delegate the rest. This allows you to work more efficiently and get more done in less time.
Decreases Stress Levels
Another benefit of working with a virtual assistant is that it decreases your stress levels. By delegating some of your tasks to someone else, you’ll have one less thing to worry about and can focus on the things that are most important to you. In turn, this will help you maintain a healthy work-life balance.
Final Thoughts
There are many benefits to working with a virtual assistant, especially if you’re a real estate investor. If you find yourself bogged down with administrative tasks or struggling to keep up with the latest market trends, consider hiring a VA to help you out. You’ll be glad you did!