Learn How to Start a Foreclosure Cleaning Business-Clean Foreclosed Homes for the Banks
How to Start your own Foreclosure Cleanup and Property Preservation Business Today!
This year alone there is expected to be over 3 Million homes foreclosed on nationally!And banks desperately need vendors to cleanup and maintain their bank repos! This is an outstanding business opportunity to make thousands to millions cleaning and offering property preservation services to the banks for their foreclosure properties.
Have you always wanted to start a foreclosure cleanup or property preservation business? This is a very easy business to actually start. First, of course you will need a business license and general liability insurance. The banks require all of their vendors to sign up with them directly and you will need both of these to sign up, also you will need to submit a signed w-9 form to them and a copy of your drivers license, as you are paid as an independent contractor. The banks call vendors that cleanup and repair their foreclosure properties property preservation vendors. Banks pay an average of $900 to upwards of $10,000 per property to trashout and maintain before they get ready to put it onto the market for resell. Most property preservation vendors service 20-300 homes per month. With skyrocketing foreclosures and job losses across the nation, this is one business that is thriving in the downturn of the economy!
What type of services can a property preservation vendor offer to the banks?
Initial securing of properties (Rekey or board up windows),Install Lockboxes,Winterization ,Bi-Weekly or Monthly lawn maintenance, Eviction/move-out assistance, REO trash-outs and debris removal, Repairs as needed on a property by property basis, Pool Maintenance & Repair, Plumbing repairs, Electrical repairs, HVAC repairs and replacement, Automobile removal, Hazardous Waster Removal, Demolition and Removal, Install new or repair flooring ,Replace or repair windows,and many more…..
BANKS PAY MILLIONS OF $$$ EACH YEAR REPAIRING AND MAINTAINING THEIR foreclosure INVENTORIES FOR FUTURE SALE!
This business is good for: Contractors, Landscapers, Handyman,Plumbers,HVAC Contractors,Carpenters,Electricians, Trash & Debris Hauling Companies,Demolition Contractors,Painters,Carpet & Flooring Companies,House Cleaning Services,Carpet Cleaning Companies,Pool Contractors,Roofing Companies,Drywall Contractors,Glass & Window Repair Companies,Locksmiths,Home Inspectors,Hazardous Material Removal,Automobile Removal Service,Tile Companies. and anyone wanting to get into this amazing and growing business! This business also is a great home based business.
In this business you will want to sign up with all the banks and asset management companies and locate REO real estate agents in your area. You will need to get a good property preservation bank contact list to get you started. Once you order a list, start signing up at all of the bank and asset management sites to start receiving work orders.
Watch this video about license roof contractor
Please help to answer the question about license roof contractorRoofing contractor laws in Georgia, US?
My sister is planning to start a roofing contracting business in Georgia and I was wondering what the laws are like there. For instance, in Louisiana if you do a job over $7,500 you have to have a contractor's license.
I've looked around on the internet but didn't have much luck on specific laws like this.
Any info would be appreciated, thanks!
About Author
Dream Street Investments, Inc. -
About the Author:
Please visit our website today to view videos showcased on Oprah about this booming Foreclosure Cleaning Business & Download the Complete Foreclosure Cleanup Training Guide now!
Go to: www.listbankrepos.com
Related Learn How to Start a Foreclosure Cleaning Business-Clean Foreclosed Homes for the Banks:
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- Deed In Lieu Of Foreclosure
- Fix & Flip? Should You Try to Do It Yourself or Should You Hire Someone? By Randy Mate
- Carrollton, TX Home Insurance
- How to build your real estate dream team
- Four Steps To A Successful Deed In Lieu Of Foreclosurec
May 22nd, 2010 | by roofing contractor |
By johnnastevens on May 22, 2010
This site should help you out.
http://www.needcontractor.com/roofing/south%2dcarolina/
By adam0149 on May 23, 2010
Yes. Go to http://www.cslb.ca.gov/
By DJ Ksar on May 23, 2010
It could be several reasons and the state in which they are licensed, but here are two possibilities.
License is under Contractors Bond Suspension. A contractor's bond may have been received by the Board but not yet processed. Once the bond is processed the suspension will be lifted retroactively to the effective date of the bond. Ask the contractor for proof of a contractor's bond and contact the bonding company to verify bond status.
License is under suspension for failure to comply with Workers Comp. A workers´ compensation certificate or exemption statement may have been received by the Board but not yet processed. Once the certificate or exemption statement is processed the suspension will be lifted retroactively to the effective date of the certificate or exemption statement. Ask the contractor for proof of worker's compensation and contact the insurance company to verify coverage.
By Douglas E on May 23, 2010
Ask to see it………easy……….
By Wordpress on May 23, 2010
Not only is your artwork amazing, but the music you make is great! Multi talented..No doubt about it. No wait..Multi gifted
By Blogger on May 23, 2010
i can’t believe it O__O !!!!! :O you are too talented for my eyes XDD HAHAHAHAAHA you are awesome !! unbelievable !! O__O
By Anonymous on May 23, 2010
I love Johnny Depp and I love your work so this is awsome :]
By Free Blog on May 24, 2010
you play guitar and a talented piano player and you are also an amazin artist
shit i feel like i’m nothin XD
By WPBlog Shop on May 24, 2010
man you’re my drawing idol…seriously…respect! and keep up the unbelievably good work
By thegurlupstairs on May 25, 2010
Make sure it's in writing as to how they'll charge if water damaged sheeting is found, ie, time and materials, or will you supply the material and they repair. They won't know if there is damage until the roof is exposed.
Absolutely ask for references.
Check the BBB.
Don't hesitate to get more than one estimate.
Find out what kind of roofing material they plan to install…is it good quality or some cheapy stuff? That info should be included in the contract and can be verified at your local lumber yard.
How will the roof be loaded? Is a truck with a boom bringing it in? If so, how will the contractor ensure that your yard won't be hammered.
Who will be responsible for getting rid of the debris? Easier for them to do it…just get it in writing!
Ask that it be in writing that they "sweep" the yard (with a magnet) to get rid of any nails that fall to the ground. Even if they tarp the area, nails bounce
As far as meeting with the foreman, it might not be a bad idea. Good to know beforehand if you'll be able to communicate with him.
Best to you!
By renebkris on May 25, 2010
Yes you do. They are available at City Hall.
By Anonymous on May 25, 2010
This has to be your most realisitc one… It just looks like a photo.
By Anonymous on May 25, 2010
This is so cool! What an amazing drawing!
By lyn g on May 25, 2010
……………………….ummmm………
ask him!…………sorry…. IDK!
By Anonymous on May 25, 2010
oh my, this is beautiful.
simply beautiful …
By lyn g on May 25, 2010
A metal roof is not installed by a plumber, it would be installed by a roofer or a sheet metal worker.
By alfredo on Jan 6, 2011
how do I start my bussines for propety preservation
By Terry Bongers on Feb 24, 2011
All the rules have changed in the last couple of months. Lending banks are now being held accountable for the trap they set, borrowing money they didn’t themselves have, while using loose and illegal practices in the process. The massive lawsuit against Wells Fargo / Wachovia, Indymac / OneWest bank, Citibank, Bank of America, JP Morgan Chase, GMAC…………..can actually, not only put a stop to your foreclosure, but also pause your house payments with no loss to you…………
https://sites.google.com/site/sueyourlendernow/home
By Abel on Mar 23, 2011
Hi” I’m a License contractor and I’m looking for damage home repairs in the area of san jose ca and the bay area B-general building contractor/C-27 landscaping Contractor/ A- general engineering contractor