Tips on Cleaning Foreclosures
First you will want to start with setting up a junk hauling service, because it will be easier and you will have all the necessary equipment already that you will need to get started right away.
Licensing and Insurance
Once you get licensing and insurance you may want to talk to a few companies that are already working with contracts, they can tell you what things you will need to know so that you can save yourself time and money.
Price Quotes for your services
Next you will need to have an idea of how much you will charge for your services to come up with a fair market price you will need to consider your geographic location, square footage of the property, length of time the property has been vacant will clue you in to the amount of damage it may have incurred.
Hiring contractors and subcontractors
If there is a need for pool cleaners this will be an added expense as well. You may need to get contractors or subcontractors to help you with the cleaning and repair, these costs as well as how fast you will be able to complete the job is what will determine what you should charge. Your best bet is to go see the property before you give out a quote.
Banked owned homes
Banked owned home is what most people will start with when they start a cleaning business with properties, or cleaning foreclosures some of the most helpful tips is you are thinking of getting started that even though you can make a lot of money you also will have some strict guidelines to follow, you will have to be prepared for the deplorable state you will find many of these foreclosured property in.
Damaged foreclosed HUD homes
When a homeowner leaves a foreclosure homes behind many are not in a good state of mind and they may damage the home or even remove pieces of the house structure.
This is being seen especially in HUD properties, the foreclosures are being handled by property management companies, that hire companies to do the cleaning, repairing and painting of these homes,
You may be wondering if all this is worth the effort, even once the home is ready for resale, real estate investors are just interested in the homes that still have some equity in them, so if the house is worth more than its worth the chances of the home finding a buyer is going to be really hard.
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