How to Start a Property Preservation Business
- Author Heather Paul
- Published March 13, 2010
- Word count 528
Have you always wanted to start a foreclosure cleanup or property preservation business? This year alone there is expected to be over 3 Million homes foreclosed on nationally! Banks desperately need vendors to cleanup and maintain their bank repos!
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.
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.
Learn more of what you need to know to start a successful Foreclosure Cleanout and Property Preservation business.
Go to our website to see videos of foreclosure cleanout businesses and property preservation businesseses in action. Order a Property Preservation (Foreclosure Cleanup) Business Training Guide, Marketing Guide and Property Preservation Bank Contact List today to get started in this booming industry! We provide all the training you need to Start Your Own Property Preservation Business.
http://www.listbankrepos.com
Join the #1 Property Preservation Directory-This is the #1 Directory REO Asset Managers go to to find new Property Preservation Vendors. They also send your information directly to the Banks & REO Asset Managers every month.
http://www.propertypreservationdirectory.com
Join the Foreclosure Cleanup Network, Top Social Network for Property Preservation Businesses, Connect with REO Agents and more... It's Free to Join & Network
http://www.foreclosurecleanupnetwork.com
Heather Paul, Real Estate Pro, Foreclosure Specialist-Dream Street Investments, Inc. is dedicated to educating the entire Real Estate Industry with a Specialization in Foreclosures. Visit our website today: http://www.dreamstreetinvestments.com
Article source: https://articlebiz.comRate article
Article comments
There are no posted comments.
Related articles
- Online home search portals vs. working directly with a real estate agent. What is the difference?
- Unlock Your Dream Property: 5 States for Affordable Land and Great Value in 2026
- Foreign Direct Investment (FDI) Trends and Their Impact on Nigeria's Real Estate Market
- Smart Cities and Digital Infrastructure: Prospects for Real Estate Development in Nigeria
- Land Use Act and Its Influence on Real Estate Development Efficiency in Nigeria
- The Line, Saudi Arabia: Engineering Paradigms and Sustainability Challenges in Linear Urbanism
- Eudeon: Architecting Symbiotic Urbanism Through Bio-Digital Integration
- Bosco Verticale: A Paradigm for Climate-Responsive Urban Architecture in the Anthropocene
- Impact of Inflation and Interest Rate Volatility on Housing Affordability in Nigeria
- Urban Housing Deficit and the Effectiveness of Public–Private Partnerships (PPPs) in Nigeria
- Homes for Sale in Cornersville, TN: Why Finding Treasure is so Much Fun!
- Data-Driven Tools for Transit and Mobility and Equitable Net-Zero Cities: A Comparative Study of ICT Planning Solutions
- THE REMOTE REVOLUTION: TEAM ROMINES ZERO TRAVEL HOME BUYING GUIDE
- Better Call Goodman: The Toronto Realtor Who Mastered $100K Mattresses Before Million-Dollar Homes
- The Influence of Contemporary Residential Architecture on People’s Daily Lives and Their Health
- Building Code Compliance and Structural Resilience in Lagos State, Nigeria: A Critical Assessment
- Managing Conflicts Between Clients and Building Professionals in Nigerian Construction
- Discover the Best Temporary Accommodation in London
- SEPTIC SYSTEM VS. SEWER SYSTEM: KEY DIFFERENCES EXPLAINED
- Effortless Hosting, Maximum Returns: Discover the Power of Ion Property Management in Scottsdale
- Ultimate Guide to Buying Land in Tennessee: Stories, Steps, and Regional Insights
- Local Guide for Giles County and Pulaski, TN Real Estate Market
- Your Ultimate Seller’s Legal Checklist for Selling a Home in Queensland
- When Is The Right Time To Sell Your Property?
- Out of This World Housing Opportunities in Lincoln County, TN
- Exploring Homes for Sale in Murfreesboro, TN
- Buy Bamburi Cement
- Buying a Home When the Interest Rates Drop
- Benefits of Purchasing a New Construction Home In Spring Hill or Columbia, Tennessee
- Specification Writing for Sustainable Green Projects: A Complete Guide