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Shen31, Other/Just Looking in Atlanta, GA

I have a Foreclosure Clean out Business in Atlanta. Is this Business really Booming and How can I get more contacts in regards to marketing and work?

Asked by Shen31, Atlanta, GA Thu Oct 21, 2010

Foreclosure Clean Out Service

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11
I worked with a guy who was doing this a couple years ago - at that time, it was extremely price competitive and I would imagine it' even more so now.

He had a backdoor renovation business that seemed to make money, but the trash outs were money losers based on labor, trash dumping, and equipment expenses and competitive pricing....these services were loss leaders in hopes of getting the foreclosure repairs or renovating foreclosures for investors.

I suggest that you pick some of the top foreclosure real estate agents and contact them in hopes of developing a relationship and getting business since they are the ones who have a stable of foreclosures and order many of the services. Most banks will not order these cleaning services directly.

Good luck in that tough, competitive environment.
1 vote Thank Flag Link Thu Oct 21, 2010
I have been working in the waste removal business for 10 years. James is dead one the money here. Labor, Insurance, Dump Fees, Supplies, Trucks and yes overhead. A good business must pay taxes and accountants..etc. At least in the banking industry we tend to get paid...eventually. The best way to pick up foreclosure clean outs is to contact the agents who specialize in these. However be careful we bidding and make sure to account for your costs. Remember foreclosure clean outs are highly competitive so the person who picks up the job doesn't always make money.
0 votes Thank Flag Link Wed Feb 8, 2012
Here is an article that answers alot your questions about getting clients and bidding amounts.
0 votes Thank Flag Link Sat Sep 24, 2011
Hello! We specialize in REO/Foreclosures. Feel free to visit our website http://www.rasmusrealestate.com and click on "contractors" and we can be in touch!

Also, visit our blog http://www.agentblab.com
and like us on facebook at http://www.facebook.com/rasmusrealestate

to get up to date information about the businiess and we can make a connection!

Thanks!
0 votes Thank Flag Link Tue Apr 12, 2011
There is a website called REOlister that can get you in contact with 150+ REO manager and property managers of REO properties. This way you can be in direct contact with the decision makers


David Cooper. Las Vegas Foreclosure Investor in Bank Owned Cash flow Houses. FReee List +1-7024997037...selling 20% below market
not a real estate agent. ask for 10% down investor financing
0 votes Thank Flag Link Sun Apr 3, 2011
Check with your local Realtor Board to see if they are giving classes in REO Certification. There you can do a presentation, offer some snacks and give out your information to agents who are looking to work with bank foreclosures and will need contacts in your field to help them. The agents will appreciate having you as a partner!
0 votes Thank Flag Link Sun Apr 3, 2011
The foreclosure cleaning business has been in existance as long as there have been bank loans on properties and will continue as long as people borrow money for their houses.

I found my contacts at http://www.propertypreservations.net

You can also do a google search for property preservation and put in the leg work for yourself by calling all the companies listed.
0 votes Thank Flag Link Wed Mar 30, 2011
Another great option is to contact the Trustee in charge of the foreclosure sale. You normally want to get in line prior to the home going off to an agent as many agents have their very own preferred vendors... Pick up your local paper and view the Public Notice Sections.. Contact the trustee and or the lender directly. Don't be afraid to keep calling until you get the appropriate person on the phone. Many times lenders have preferred vendors they use as well.. The question you need answered is not how do I market my service to these companies but How do I become a preferred vendor....
Best of Luck....
0 votes Thank Flag Link Mon Mar 28, 2011
Hi Shen,

Peek at the Trulia Foreclosure Cleanup Business Blog for tons of info on how to market for more work in the Atlanta area. Much success to you!

Cassandra Black, Consultant & CEO, Foreclosure Cleanup, LLC
0 votes Thank Flag Link Thu Jan 27, 2011
My company just launched a National website which allows people to advertise for free on it. We don't have anyone in your industry on it as of yet. If you are interested, please email me you contact information (name, address - if you intend to be local only, phone number and website if you have one).

I've included the link to the website so you can check it out. The site just launched Friday, so the word hasn't gotten out yet of the free service. Otherwise, Mr. Parker offers great advice. Thumbs Up.
Web Reference: http://www.glending.net
0 votes Thank Flag Link Sun Oct 24, 2010
I would suggest searching some websites for foreclosure listings, and soliciting the agents who have them for sale - to get business. Good Luck!
Web Reference: http://www.TheAHC.net
0 votes Thank Flag Link Thu Oct 21, 2010
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