How to start a foreclosure cleanup business pdf
how to start a foreclosure cleanout business - Start A Junk Hauling BusinessIn many areas, foreclosures are still at an all time high. Yet, while that may not be good news for the economy as a whole, for those who are in the foreclosure cleaning business, it can equate to a tidy profit. Those who are looking to start a foreclosure clean up business will need to have a flexible schedule, as you may be called at various times of the day — or night — to clean properties quickly. Weekend work is also typically the norm. In addition to payment for property cleaning, you can also earn additional income in the foreclosure cleaning business by selling items that have been left behind in the properties.
Start Your Own Foreclosure Cleanup & Property Preservation Company
Starting a Foreclosure Property Cleaning Service – Sample Business Plan Template
The economy has substantially recovered from the second-worst recession in U. The housing market is robust. It may seem like a less than optimal time to start a business dependent on mortgage foreclosures, but while foreclosures are down substantially from their low point in , hundreds of thousands of U. Lenders need a trouble-free one-stop foreclosure clean-out service. Here's what you need to get their business. Imagine that you're a junior vice president of a local bank that's trying to handle its own foreclosures.
Foreclosed houses are often left in less than optimal condition by their previous tenants, and banks pay generously for the TLC needed to render them suitable for resale. The licensing you need to start a foreclosure clean-out business, also known as a trash-out business, is minimal. Tough economic times are known for leaving hardship in their wake, but they can be good news for entrepreneurial handypersons with a sense for opportunity. You need a license to operate a business in all parts of the country. According to the U.