Property Preservation blueprint on how getting started with a REO services business that cleans out forclosures you will be offering a valuable service that is in demand and will continue to grow as property values continue to drop.
California banked owned properties are being put on the market as many homeowners lose their homes due to high adjustable rate mortgages.
The main reason is because home mortgage payments are too high and this leaves the lenders, insurance companies and banks in California with the task of cleaning up the properties where they can resell them at tax lien auctions.
Offer a professional cleaning service
If you decide you want to start out in a business that cleans out houses you will need a cleaning crew. A suggestion of some of the services that you can provide include things that brokers and investors require in clean out and trash-out homes seized by the lenders.
If your looking to get started most of your business will come from Realtors in California who specialize in foreclosures or from new owners who want the homes fixed up.
Duct Cleaning and Carpet Cleaning is Needed
Your repair and maintenance services will include fixing broken windows, mowing the lawn, cleaning up items left behind, removal of trash, power washing the floors, walls, as well as vacuuming the carpet.
California Field Inspection Services
The previous real estate boom has caused home foreclosures to mount and that is why many are starting a business and getting paid by RE companies and banks.
How it works is that under HUD’s new Neighborhood Stabilization Program they will provide emergency assistance to state and local governments to acquire and redevelop foreclosed properties that might otherwise become sources of abandonment and blight within their communities.
The Neighborhood Stabilization Program (NSP) provides grants to every state and certain local communities to purchase foreclosed or abandoned homes and to rehabilitate, resell, or redevelop these homes in order to stabilize neighborhoods and stem the decline of house values of neighboring homes.
Congress has allocated billion's to help clean up the foreclosures across the country, with work that involves going to distressed homes and hauling away debris, cleaning the interior and exterior of the house and doing the gardening.
Once you perform quality cleaning services inside and out to prepare REO property for sale or rent. You will be able to get Government Jobs, Landscaping Jobs,Property Preservation Companies, Property Preservation Jobs and Foreclosure Clean-up Jobs.
How to price your foreclosure property bids to get more work.
Pricing foreclosure cleaning jobs start with finding out what the competition is charging. You will see that there are foreclosure cleaning business owners in every state in the country. Each one will have a different way of bidding on work from lenders and reo agents.
Your area may charge less than another, keep that in mind when investigating price options. cleaning job leads is another way of doing it, you can get more work with targeted leads in your area.
To get a quote on a cleaning job you can call businesses on the phone and ask them what they charge for a single family home. They may ask you if any furniture needs to be moved or trash removal is needed.
Contact a realtor, real estate investor or property owner to help you with the specifics because not all companies will want to talk to a novice. In my experience how to price foreclosure cleaning jobs starts with learning as much as you can about the industry, before you even get licensed and insured.
Other useful tips is to pay attention to advertisements that feature cleaning services who take care of abandoned homes. Cleaning REO or repossessed homes can lead to other small or large job and government contracts.
Make a list of: Time Sheets, Invoices, Payment Methods, Number of workers, Uniforms, completion deadlines, as well as referrals.
Not all businesses that participate in cleaning properties for real estate contracts will be as professional or experienced as others this is where you can make your company stand out from the rest.
Pricing foreclosure cleaning jobs start with finding out what the competition is charging. You will see that there are foreclosure cleaning business owners in every state in the country. Each one will have a different way of bidding on work from lenders and reo agents.
Your area may charge less than another, keep that in mind when investigating price options. cleaning job leads is another way of doing it, you can get more work with targeted leads in your area.
To get a quote on a cleaning job you can call businesses on the phone and ask them what they charge for a single family home. They may ask you if any furniture needs to be moved or trash removal is needed.
Contact a realtor, real estate investor or property owner to help you with the specifics because not all companies will want to talk to a novice. In my experience how to price foreclosure cleaning jobs starts with learning as much as you can about the industry, before you even get licensed and insured.
Other useful tips is to pay attention to advertisements that feature cleaning services who take care of abandoned homes. Cleaning REO or repossessed homes can lead to other small or large job and government contracts.
Make a list of: Time Sheets, Invoices, Payment Methods, Number of workers, Uniforms, completion deadlines, as well as referrals.
Not all businesses that participate in cleaning properties for real estate contracts will be as professional or experienced as others this is where you can make your company stand out from the rest.
What is a Trashout?
Those who specialize in cleaning and maintaining the nation's growing inventory of bank-owned properties,
What is considered Hazardous material removal ?
If you offer this type of service you will identify, remove, package, transport, and dispose of various hazardous materials, including asbestos, radioactive and nuclear materials, arsenic, lead, and mercury, these are sometimes called abatement, remediation, or decontamination removal services.
Are you a trash-out specialist? In order to become one it takes just having the right information and training to provide a service to the property preservation industry.
How much should you charge for your trashout services?
One contractor fees include $600 to $1,500 depending on the state you're in for the following services:
- light landscaping
- basic hauling and
- general cleanup
It has been noted that you can charge upwards of $7,000 for trash removal, debris and cleaning forclosures.
Remember the years of experience that you have obtained, the size of your firm and if you provide any of these services will be the key to earning higher annual salaries.
Companies that can offer remodeling, reconstruction services to a fence or chain link fence will be of value.
There will always be a need for a container rental, dumpster or small truck for junk hauling, at short sales, real estate sale, and garage sales leftovers. The busiest types of properties are going to be condo cleanup, garage cleanup, chimney brick removal,reo cleanout, and foreclosure cleanup.
It is recommended that you check the site first before giving a quote, because you will not know how long it will take you to finish the job.
How to get started fast in cleaning foreclosures in California
First contact real estate investors, asset management companies and landlords of commercial and residential buildings, you can also check with home developers.
Learn the Services necessary in a trash out cleaning business
I have listed some of the reasons that people need your type of company:
When they are selling a home or a real estate salesperson is helping an owner get ready for closing by deciding to "cleaning up" a property to put on the market,
When someone has inherited a property and need the contents of the property cleared out. Also many times a bank or property manager needs to get a property maintained to sell or rent it on a later date.
These are the types of situations that occur in which your business can specialize in emptying the total contents of cellars, garages, barns, attics and entire households or estates for a fee.
Some Ideas on what to do with the valuable items cleaned out of homes
If you think some of the stuff is saleable or valuable contact an estate liquidation specialists at estate liquidation sales companies in California these companies will auction or sell the valuable contents at an on-site estate tag sale and then donate the useable contents or sell the better merchandise.
Your options in your California Trash out foreclosure business can be:
- Moving boxes and packing materials, old furniture and appliances, yard debris, remodeling debris, estate clean-outs, rental clean-outs.
- weekly visits to commercial properties, event clean-up, real estate curb appeal, property management clean-ups and trash-outs, dumpster clean ups.
- non hazardous illegal dumping clean-ups, construction site clean-ups and other related trash outs.
A List of clients who will hire you can include:
Homeowners, Property Managers,Realtors, REO Agents, Apartment Complexes, Property Investors, Landlords, Tenants, Senior Citizens, and Bank Foreclosure Brokers.
Trash Removal Services Guide
Most recycling and trash removal services offer their business to the residential market as well as for waste control, I was surprised to find poop removal service added to the list, and you are probably familiar with garbage disposal repair.
Interestingly due to the high number of foreclosures and people needing to move the business for junk clearance, rubbish and waste removal services will be on the rise because it is such a devastating situation. You can provide the needed solution. If you like to fix things you could also offer garbage disposal installation as a side job. All commercial and residential contracts are going to require a dumpster truck rental for hauling and disposal.
Field Survey Job Boards
I have found the best way to find jobs in a special niche industry is to go to simplyhired.com they have a huge database of careers such as associate field survey technician in Dallas, if you want to find employment, field engineer jobs are available at Dice.com, also I just noticed that Time Warner Cable has a position that requires the following experience to survey new businesses, schools and customer premises to determine serviceability as well as present survey results and options to sales representatives and management then conduct post inspection of work completed by contractors and then update department surveys and database for other duties as assigned.
How to Find Cleaning Work
You can start by marketing your services to real estate investors, building a client base with the right people will make a difference for you and landing more work. The foreclosure crisis is providing long term assignments because many RE agents are having a hard time selling mortgage properties. Real Estate Investment groups are a good starting point since they are in every city.
You will want to contact them through either city or mail. now by networking with real estate investors you will be able to get the inside scoop on what is happening in your industry. The other thing to keep in mind the more property preservation services you can provide to future clients the more valuable you will be when they need to hire you.
You will be able to earn income from banks, lenders and real estate companies hiring trashout firms which is a growing industry from coast-to-coast.
It is important to keep in mind that starting your business will require that you provide property preservation services for REO properties. This can include getting rid of junk, general cleaning such as janitorial, landscape clean up and carpet cleaning. In most cases it will be necessary to provide before and after photos.
As you are probably aware to find a list of banks in California that will work directly with trash out companies, or find a list of companies that are currently adding new vendors can be a challenge.
How to Start a Residential Trash Removal Service
Waste management and garbage collection is big business in local cities across the country. Homeowners who need waste solutions are going to be your primary candidates for your local business idea.
You just need to make sure you have all the tools necessary to do what is necessary to get clients and then make enough money annually.
How this is done starts first by placing advertisements in classifieds for the city or town that you will provide your service. It helps to have a website that your visitors can read and get a idea of what you will offer from your price sheet.
Residential curbside trash is growing by the minute as borrowers lose homes due to defaulting on mortgage payments. Foreclosures, evictions and home repossession will increase the demand for residential dumpster rentals, and this will help you earn high income in a down economy.
Dumpster rentals how they work
You will need to have a big enough dumpster to put all the debris and trash from many cleanup jobs. Home Depot offers dumpster rentals, they come in 14 day increments, ranging from 15 cubic yards to 40 cubic yards. You will be interested to note that the price does not include any weight. You can get that giant 40 cubic yard for only $240. But that price is based on an empty roll off. For every ton you add to the roll off, you pay another $93.
An example of one would be can get you the lowest dumpster rental price. You choose your waste type from general waste, green yard waste, construction waste or recyclables. Containers come in 10 to 15 Yd, 20, 30 and 40 yd.