Can you make money cleaning foreclosed homes

Can you make money cleaning foreclosed homes

Author: chronno On: 19.07.2017

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What should I charge to clean foreclosed homes? Highest rated Recent Oldest. Thu Jul 8, My office primarily list foreclosures. Most asset managers and banks have set amounts that they are willing to pay for pre-listing cleans and monthly cleans.

Try to find out so you don't price your self out of work. I can refer you to a foreclosure agent anywhere in the country, just contact me! Marci Yankelov-Realtor Honored as one of " Top 50 Realtors on the Rise" across the U. Nedra DennyHome Buyer, Harper Woods, MI.

My husband has a brand new business BLDenny Enterprise LLC and he is insured and registered corporate and bonded he is looking for business to clean out forecloure or homes for sale so forth for detroit macomb oakland county areas in michigan would like to get references for these ares Thank you his email is bldenny36 yahoo.

YolandaHome Buyer, Saint Petersburg, FL. Hi do you think you can refer me to any REO agents in my area Atlanta Ga. Will you be able to refer me to any REO Agents in SC and NC. Hello, My name is Elzir Trindade, I am emailing you on behalf of Crystal Clear Services Inc. The purpose of this email is to express our interest in cleaning the bank owned Homes, mentioned in your ad. Our company has over ten years of experience cleaning in that capacity, and can certainly fulfill all the requirements expressed in the ad.

We are able to use our own cleaning supplies and also send you the before and after pictures of the property.

My partner, Gehan Elgamal and I want to discuss this further. Please email back, or call me ator Gehan at Thank you for your time and consideration. Look forward to working with you in the future. Kind regards, Elzir Trindade Crystal Clear Services Inc. How much do the "average" clean out cost for a forclosure, per room etc Kory BlueHome Buyer, Jacksonville, FL. Im very new to the game.

I worked as an employee of a company and saw the huge profit potential. I recently came into the start up money and wondered if maybe you could send me a few pointers on how to go about the bidding process. I am very familure with the lawn care and securing work aspect but not so much the clean out or convey aspects. Your input would be very much appreciated. My email is koryblue24 yahoo. Who knows maybe one day I could return the favor.

Keary Willis, Philadelphia, PA. Tue Feb 16, Your charge should depend on several things. You should first take into consideration how long it is going to take to clean out the property. Be reasonable and expedient so that you will not be tied up with this property for too long and can move on to the next one.

You also have to take into consideration how many workers it is going to take to assist you. With this and other cost that may come into play, you will have to charge your client whatever your cost was plus an additional charge to cover a profit. No one wants to break even! Also remember, do not charge the maximum price that almost everyone stated with this response. Be fair and be able to get more deals. People want to save money and you want to make money. Market yourself as a great quality worker with an inexpensive price.

You have to learn to target the frugal buyers. RoberttorresHome Buyer, Saint Petersburg, FL. I'm interested in doing clean up I have a brand-new pickup truck drivers license and legal USA citzen I'm 41 years old live in the high desert victorville area and willing to work more than 40 hours a week I'm in a desperate need of job dad had a major stroke and use to work for him but now he's in hospital long term and don't got no income now send me a email robertorres gmail.

Kathy WeberAgent, Murrieta, CA. Wed Sep 16, Not only am I an agent, but my husband has been in the business of providing a "full" service Trash Out, Sales Clean, handyman, etc. We've been providing this service for over 2 years and have seen a dramatic change even in this type of industry. The only image of this type of "service" is that it's an "easy" way to may "GOOD" money.

Well, from experience, there are times when you receive payment and say "I actually made a profit on this one!! That does bring in the competitveness. On several jobs, our company has received the approval even though the estimate comes in higher? The experienced REO agents provide "due diligence" to their lender's by researching and making sure the companies they hire are "insured".

My advice for you Santa is to set your business up the right way in the beginning.

can you make money cleaning foreclosed homes

Get the proper Insurance, equipment cleaning supplies as they become expensiveprofessional marketing materials, and MOST of all invest in "Quickbooks". When you do all that, you then do some simple math and figure in all of your proposed overhead. Simple division, and you can move forward with how much you should charge. Lianapaz77Home Buyer, Torrance, CA. I am thinking about getting a clean out business myself and having a realtor license I want to find buyers as well.

Is that what your doing too? How do I get myself prepared and organized. It will be me and 4 people. KericajHome Buyer, Houston, TX. Can yo provide more info in the type of insurance needed? VitaliysulakovHome Buyer, Saint Petersburg, FL. Rhonda HoltAgent, New York, NY. Sat Feb 20, Actually cleaning foreclosed homes is a great money maker.

Homes being sold by sellers, foreclosures and buyers that just purchased need your services. You should call some cleaning companies in your area to figure out how they charge and how much. This way, you can price your services accordingly and beat out the competition.

I hope this answer helped you. Rhonda Holt Full Time Top Sales Agent Specializing In Co-ops and Home Sales Weichert Realtors, H. P Greenfield Utica Avenue, Brooklyn, New York Cell: DC we be happy to do it Thank you. Jane GrantAgent, Aguanga, CA. Wed Feb 3, Call some other cleaning companies and ask them what they are charging in your area.

Your competition can be your best source of information. Sun Nov 8, DavidJust Looking, Amherst, OH. Tue Oct 6, If using HUD guidelines, know these tables are the maximum HUD will generally pay the primary contractor of a foreclosure cleanup job.

As a smaller foreclosure cleanup company, you have to know where you are on the totem pole in getting paid. You just can't look at the HUD charts and use those figures for bidding, or you'll overbid. We wrote the book on foreclosure cleanup pricing, literally, dissecting these tables. As a smaller foreclosure cleanup company you have to know where you are on that totem pole in getting paid -- and you have to know how to figure that out.

Good luck with your business, Santa! Sun Jul 13, Can anyone tell me what insurance does a person who is doing this type of work in NYC would need? Fri Jun 21, I already work for a property preservation company. And i have a short time to finish it no matter how big. Should i be getting paid more money? Phd, South Florida, FL. Tue May 17, Depends on who you get started with. I started this as a part time business, am licensed and insured and doing pretty well, it could turn into much more!

FirstroundresaleHome Buyer, Houston, TX. Are you still doing well in this business or has it changed since you last wrote this? My husband and I are trying to start something similar in Houston. How to make money out of crochet additional information would be greatly appreciated.

What business license do you have or what should I get in say OHIO to upstart a biz similar to yours? Fri Feb 19, While there are a ton of resources out there to give you advice, I would caution you before you jump head first into the endeavor. Like any real estate related business, you are going to experience some pretty serious and bone jarring cycles in the rehab clean-out business. There toronto stock exchange settlement date folks that have been involved in real estate in one capacity or another and they have jumped on dc universe online station cash generator no survey opportunity which at first providing a very good profit margin.

As with any business, margins keep getting smaller and smaller While it is a good short-term solution, please be careful not to put too much time and energy how do i sell my shares of disney stock starting or maintaining a company that does this sort of work.

You can expect banks to to present, what may appear to be, a great price on a house, but once the relationship is moving forward they will reel in your profits in little ways The other problem is that this is not a long-term strategy I honestly don't mean to be as negative as I am being, but I have already seen more than one savvy investor lose even more money by getting into the foreclosure clean out business.

Keep your head about you binary stock trading websites pay attention to what is going on and you can make some decent money at it, just be realistic about the business and recognize when things begin to turn south.

Good Luck and God Bless! Gita BantwalAgent, Jamison, PA. Thu Feb 18, Have you cleaned out any houses that were not in foreclosure? You should estimate the time it will take you to clean out and the price of dumpsters. When you quote a pricego and look at the place and base it on how much junk they have.

Wed Play n trade coupons woodstock ga hours 17, Keep in mind the banks that own these homes are frugal cheap There were 2 homes in Hillsborough, Ca that were bank owned and both price close to 2 M - they were filthy, It was shocking One could argue that they would sell no matter, however Hillsborough Ca????

Wed Nov 4, It is all depends who is paying! Lisa HensleyBoth Buyer And Seller, Covington, KY. I am reo specialist in northern Ky and most of the companies I deal with also want bids. My partner also has a trash out business. In the homes we see it is a bases to bases, We have had bids for homes where the trashout people had to use snow shovels to get all the dog stuff out.

We take the pictures send them to the assest managers and go from there. It is interesting to see all the trashout companies rise up out of nowhere. Lately the banks tend to put bid that looks more professional and includes other services, initial lawn care etc. It is all interesting. Fri Jul 24, Each particular job would require its own estimate. You can start at a basic base charge basic binary options strategies opteck the job depending on how big it is and then charge an hourly rate.

Only you know how much work you will do and how much you require as payment. Caroline YorkAgent, St Petersburg, FL. Fri Oct 3, If you are already in the business of cleaning houses then you should charge the same amount as you charge your other clients. Whether a property has been foreclosed on or not should not affect the price you charge.

It is the work that is involved that should be the only determining factor. If you are not yet in the business then I recommend that you do some research and check out your comptetion. You are in business and pricing and quoting a job based on competitive prices is really what business is all about.

Scott GodzykAgent, Manchester, NH. Sat Sep 27, It all depends on how much work is involved. The key to getting a job from a broker and being able to keep getting jobs is beiong priced right, going the extra mile and providing that extra effort to detail and most important is the broker has to pay for these fees up front and wait to get reimbursed by the bank days so set up a payment plan or be flexable with getting paid by the broker, that is just as important as the price you charge.

Fri Sep 26, There should not be one set price because your time and effort will not be equal for every home. StonysgiftsHome Buyer, Saint Petersburg, FL. Wed Mar 29, PassageHome Buyer, Saint Petersburg, FL.

Tue Nov 29, Wed Apr 22, Wed Nov 12, Hi my name is Brandi, I recently just started working for a contractor doing forclosed clean outs.

I provide my own cleaning supplies and gas. These houses can take up to hrs to clean. And im curious if im clearly being ripped off. Hey Brandi, We own a Cleaning Company Located in the Tampa Area. We provide all services to properties and are looking to hire some hard working, hy markets forex to detail cleaners. If interested Contact us at or check us out at FloridaCleaningCompany.

Dennis JingoHome Buyer, Washington, DC. Thu Sep 18, Mark ConwayAgent, Madeira Beach, FL. Sun Can you make money cleaning foreclosed homes 4, If people want to sell their home, they need to clean it up. We are not their keeper! Stop blaming the agent when your house doesn't sell. Thu Apr 17, That is just to remove and dump materials and debri. Tue Mar 18, Sat Aug 31, How much money should a property prservation buissnes be paying me to clean a forclosed home.

Mimi TomasHome Buyer, "M" Streets, Dallas, TX. Sat May 18, What is the current going rate in Atlanta Georgia for Agent owned and leased residential property for services provided being that of general cleaning for move in condition? Mon Dec 10, To whom it may concern i'm a new cleaning business bse stock market prediction in need to no how much to charge for foreclosure home.

Mon Nov 26, Call the realtors who list them and ask what they are paying. You can find foreclosure realtors on foreclosuresus. Lone Wolf, Maryland. Wed Jan 11, Come try to trash my house outyou will and your men will get a couple of fast moving lead projectilessounds profitablekiss your wife and kids goodbye maggott. Heather PaulAgent, Santa Monica, CA. Tue Nov 2, Knowing how to price your jobs accurately can be the difference between lasting in this business or being out of work and ultimately quitting this business.

Most banks use the Hud and Va guidelines to help them set their price ranges, they are very detailed and can be found online.

You can charge more for your work than these rates, however you will need to back up these increased prices with plenty of before and after pictures. Also, Jane is right, your competition can be one of your best resources, find out what the competition is charging. Also, know who you are bidding for. Realtors "Reo' agents will be paying for this out of there own pocket and are always concerned with cash flow, offering the Realtors that handle Reo properties a discount can help and possibly get you more work.

Clean Out Foreclosures Business Opportunity-Cleaning Foreclosure Trash Out Business ydigatocop.web.fc2.com

Another thing to remember, there is HEAVY billing involved and if you do not trade option dodd frank on top of your billing to the banks and asset management companies, you will not get paid ontime.

Banks and Portuguese supermarket stockwell Management Companies hurricane katrina effects on stock market on average from 45 to 60 days when billed properly. There are several variables when it comes to pricing: The Size of the Property 2.

How many square feet the residence is 3. How large of a job it is "ie.

can you make money cleaning foreclosed homes

Mon Oct 4, All those who spoke about the HUD guidelines are correct. I am not sure by your question if you mean the actual cleaning of the home, or trash-out, or trash out and clean. Most of my lenders have limits that they will pay up to. Also, many, many lenders now use preservation companies to do this kind of work.

You might think about signing up with them. There is a approval process and at time's all the work with REO subjects, means, paper, paper, paper and reports. A large preservation company is Safeguard. I think you will find many leads, just keep putting it in different ways. I do have to warn you, some of the homes are in pretty disgusting shape.

Tue Apr 27, Every state is different but I do want to you know that I have been to your wonderful area and had a pleasant time.

Sincerely, Sandra J Steele. Dan Meyer, Boca Raton, FL. Sat Mar 20, Mon Feb 22, Before you open your doors, you must learn to price effectively so your company can make a PROFIT You will make your money in bulk and repeat business. Cassandra, Foreclosure Cleanup, LLC, Atlanta, GA. Jerrica LawsonHome Buyer, Monroe, GA.

My number is if you have any questions and my name is james. Jared WestAgent, Austin, TX. Sun Feb 21, Make sure you always take before and after pictures and carry proper bonding and insurance! Jared West Broker Team West Real Estate www,TeamWestRE. Chadd ZieglerAgent, Vail, CO.

Make sure you have liability insurance, you also might want to get bonded. Call around-- you may need to charge extra in some cases for the disposal of somethings that may be left behind. Worthynicole, Fort Worth, TX. Mon Feb 8, How do I get into this business? Who do I contact at the banks in order to get the jobs? Rian PalfreyAgent, Bend, OR. Wed Nov 11, This should be based on the size of the home and the amount of work needed. Use a flat rate and then add for the size and work required for the job.

Also, found out what other vendors are charing in your area. Don TepperAgent, Burke, VA. I've already posted an answer to your question, and I encourage new readers to review that post. You asked "What should I charge to clean foreclosed homes? You asked what you should charge. You should charge enough to cover your costs and make a reasonable profit. I've seen plenty of instances in which the government sets maximum rates for products or services. Sometimes those figures are reasonable.

The HUD figures don't reflect what your costs are. At best, they may reflect some national or regional averages. Give me a break! Beyond that, though, your question was "What should I charge to clean foreclosed homes?

You can define "reasonable" however you want. But you have to start from a base of covering your costs. Your competition's cost structure may be entirely different from yours.

Knowing how much you're worth per hour. Knowing how long a specific job will take, and it'll vary greatly. My original post provides more details. And one good piece of advice from several other posters here: It doesn't matter whether you're cleaning up a foreclosure or another type of property.

Your time is your time. The value of your time is its value. There's plenty of great advice below: The kind of debris. What size dumpster you need and how many would be where you start. Then if there is just trash this is light weight and perhaps one or two people can clean this out and take a few hours. So you would determine what you think a person would be paid per hour. If it is a lot of heavy furniture, etc you would increase due to the manpower you would need.

I've put a link below to an association representing janitorial and custodial companies. They have some good information on bidding and estimating. Steve BihunAgent, Wheaton, IL. Use the Hud guidlines! I have been selling REO properties for over 10 years and the HUD guidlines are the structure and verification that asset management conpanies use.

Amy AndersenRenter, Hi Steve, My name is Amy Andersen I am the owner of Crazy About Cleaning. My rates are reasonable and I have good referendes. Thanks for the feedback on this question. Terry PerdueAgent, Chicago, IL. It depends on the amount of debris. Some very good and some very bad answers here.

First, anyone who throws out a flat number is wrong. You'll find that jobs vary from simple and quick to complicated and time-consuming. Second, be skeptical of anyone who says, "I think Third, while it's interesting to know what your competition might be charging, it has absolutely nothing to do with what you charge.

So, what's the answer? You determine what your time is worth per hour. That's totally up to you. Then you determine how many hours it'll take you to clean the property. Multiply hours needed by hour hourly rate. Add in any supplies you need. The number you come up with is your base price. Charge any less and you'll be underpricing yourself.

Note that this figure won't take into account your overhead and marketing expenses. Those may be minimal, but most folks tend to underestimate those. For instance, cleaners who work out of their home figure they can charge a lot less because they don't have space they're renting somewhere else. For instance, cleaners often forget to factor in time they spend marketing, developing estimates, viewing properties.

As a professional, you need to add that time and that expense onto your estimate. And stick to your guns. If you can match it, you can have the job," your answer is simple and clear: Maybe they're willing to work for less than you. Maybe they've underestimated the time it'll take. What matters is how long it'll take and what you feel you're worth per hour.

I worked for an association representing building service contractors Building Service Contractors Association International for eight years, conducted research surveys and wrote books on bidding and estimating among other things --feel free to look them up on Amazon. The only factors are the time involved and what you're worth per hour. All the rest are meaningless distractions. Tue Sep 15, I think it depends on how much stuff you have to remove. Get an estimate from different contractors. Charita King Century 21 My Real Estate Co.

Joe Salcedo, San Jose, CA.

can you make money cleaning foreclosed homes

Mon Sep 14, In my opinion it depend on the size of the property and what kind of clean up are going to provide to your client, it is common sense. How do I find foreclosed homes to clean out? HOW MUCH TO CHARGE To Maintain And Clean Up Foreclosed Properties. IN SAN DIEGO CA Be the first to answer. How do I find bids to clean foreclosed homes in Maricopa County.?

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