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Clintin Mack, Other/Just Looking in Charlotte, NC

23 Years Old, and I am trying to start my own Foreclosed Cleanout business. Please give me advice, and information that I may need to get started.

Asked by Clintin Mack, Charlotte, NC Mon Dec 12, 2011

I am 23 Years Old, hard worker, and really want to start my own Foreclosed Cleanout business. Every since I got laid off from my job that I've been on since I was 16, I have been thinking long and hard about starting my own Foreclosure Cleanout business.

I am in Charlotte, NC and I would love for people to help me out with advice, and other important information that I may need. I have seen people in this business getting paid $500-Up which sounds good for someone that is sitting at home, not getting paid at all.

I would like to also know, who do I contact? Where will I find these contacts at? Which is the best way to advertise my business to these contacts?

Thank You

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In line with expanding your reach, consider offering your services to individual R/E investors. I would suggest checking out the Metrolina Real Estate Investors Association (http://metrolinareia.org) and attending a meeting/event to make some contacts and network. Investment properties often need clean-out services.
0 votes Thank Flag Link Sun Oct 7, 2012
It's definitely something that could prove good and steady for you as far as work goes. I do agree with Lexie that you should consider opening yourself to not just foreclosures for now. This is a business in which you deal with corporate entities (lenders/banks) rather than just a person and they expect companies to do some of this work unless you can prove yourself or your history.

Getting in touch with a few real estate agents and brokers in your area is definitely a great start. If there is a local investors club in your area, I would look for them online and have some fliers of business cards made. Investors buy property on a regular basis and some don't have crews that are dedicated to initial clean up.

Another important key to remember, since you are seriously considering this and I would like for you to make sure you look at both sides of the coin, is to keep in mind that some of these clean ups don't involve just a broom and some good ol' fashioned elbow grease. Some of these homes need extensive cleaning and many of them have large items that need to be removed. All of which may require large containers for trash removal, or a pickup truck to take certain items away from the property, etc.
Not to say that you can't add these costs to your prices, but it is something to keep in mind when talking to people who can use your services.

Another great idea if you want to get started and get involved with making contacts, getting testimonials and some good referrals would be to consider starting off by contacting property management offices in your area and let them know you do move-in, move-out cleanings, etc. These typically pay about $100 and up and it's a matter of giving the house a good cleaning before tenants move in or when old tenants move out.
You can easily work your way up to bigger jobs once you are more established.

Best of Luck!

P.S.
I would already start looking into a business name (even if it's your own name), business cards and some type of web presence (i.e. website, Facebook, etc.)
0 votes Thank Flag Link Mon Dec 12, 2011
I wouldn't limit your "cleaning business" to just foreclosures. There are only a couple dozen agents that really handle any level of foreclosures in Charlotte. You can find them by looking at foreclosure listings on Realtor.com and make a target list. These agents have been in the business for years doing only foreclosures. So they have lots of relationships with people that do this already. You will be going up against professionals.
I suggest you start by also offering your services to clean, trim, maintain homes to realtors. This is a service that no one is really offering and many agents may need. You can also do small home repairs.... fix ups to get homes ready to sell.
Good luck.
0 votes Thank Flag Link Mon Dec 12, 2011
Clintin,

Here are some ideas: 1) go to the HUD website and register as a vendor 2) go to your bank branch and ask for the manager to give him or her your resume which can be just a letter telling who you are and what you want to do 3) contact real estate agents advertising foreclosures 4) contact waste removal services to see how they do business or have any leads for you 5) contact the small business government branch service to help you formulate a BUSINESS PLAN. I ADMIRE YOUR WORK ETHIC AND DREAM TO OWN YOUR OWN BUSINESS. GO FOR IT.

Robin
0 votes Thank Flag Link Mon Dec 12, 2011
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