Foreclosure Cleanup/Manitenance

Foreclosure Cleanup/Manitenance

Member since 2008 · 4 posts · 0 votes

I llive in Chattanooga Tn and own a few rentals. Relocated from New Orleans courtesy of Katrina. Anyway, I intend to get in the Foreclosure Cleanup and /or Maintenance biz. I would like to know if there are any tricks in getting business from Real Estate companies and if there are any sites w/ localized rates for services. These services that I would explore would be:
• Foreclosure Cleaning/Maint
o Rubbish
o Garbage Removal
o Carpet
o Flooring
o Electrical
o Plumbing(Internal/External)
o Roofing
o Appliances-(Ceiling Fans)
o Paint
o Walls
o Ceilings
o Doors
o Windows
o Screens
• Maintenance
o Yard-Landscape
o Rubbish
o Garbage Removal
o Pruning
o Security(Securing AC Units)
o Fence Repair
o Support Foundation Repair(Carport Supports)

Thanks !!!!

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  • Real Estate Coach · Oakton, VA · Member since 2008 · 695 posts · 43 votes
    18y

    I would start by networking at all of your local REIA's.

    You could check the local phone book and see your competitors and find out what they are doing and how they are pricing.

    Then I would put together an impressive direct mail package and send it out to local real estate offices.

  • Member since 2008 · 4 posts · 0 votes
    18y

    Yep I plan all those. Currently looking for competiors in the area to get pricing. Thx

  • Minneapolis, MN · Member since 2008 · 691 posts · 12 votes
    18y

    Hey Dave,
    One thing that is happening alot in my area (at least the worst neighborhoods) is thieves breaking into vacant foreclosed houses and stealing the copper pipes, and selling it by the pound to scrap dealers. I know several rehabbers who get their properties going and then have a setback because some pond scum steals their copper. You might consider offering to re-install copper piping or, better yet, the alternative materials. Just a thought. Good luck, Mike

  • Member since 2008 · 4 posts · 0 votes
    18y

    You're preaching to the chior. I had my pipes and AC unit stolen by of rotten DNA sacks for the few bucks they make and causing me much cost and stress. I replaced the copper pipes w/ Flexible PVC; looks like garden hose but is bendable and if heated w/ blowtorch, retains its original straight shape. Worthless if ripped out. Cheaper than copper too...BIG FAN.

    Regarding the AC unit I plan to install and rent a AC cage that should protect it from the mutants.

    PLease, more advise. How about statdard prices on the services I listed above? Also, what if I charge $500 for 1500sf rubbish removal and 100 for carpet cleaning but the attic at, say 1500 sf also, is packed w/ junk? Seems harder to clean and am not sure of a price point on that job

  • Minneapolis, MN · Member since 2008 · 691 posts · 12 votes
    18y

    Until you get more of a handle on your unit pricing, you could just establish an hourly wage that covers your time, profit and overhead. Charge time and materials. Of course, alot of people wnat bids. You will have to get a unit cost list going for all types of material, and then you can just plug in your estimated time to complete the job. Good luck, Mike

  • Member since 2008 · 4 posts · 0 votes
    18y

    Thanks. I don't mind getting beatup price wise a little at first as long as it helps me define price points and what services would be pruice elastic.

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