Specialist · Belle Plaine, MN · Member since 2022 · 12 posts · 5 votes
So I am in the process of wanting to start a junk removal company here in Minnesota. I am wondering if there's anybody on here that would like to network or what is the best way to go about networking with people that are rehabbers and real estate investors and real estate agents etc?
Great business plan! You'll get your hands dirty but a lot of money to be made in junk removal.
I recommend calling around on every realtor's sign you see in town. Tell them about what you're looking to do and ask if they have any house flippers in their circle. Most realtors I know have at least a couple of investors on speed dial.
If you are looking to connect with other members near you, or want to learn from people in a specific area you’d like to invest in, or have a desire to find people interested in certain topics, you could use the search feature here: https://www.biggerpockets.com/search/users
Great business plan! You'll get your hands dirty but a lot of money to be made in junk removal.
I recommend calling around on every realtor's sign you see in town. Tell them about what you're looking to do and ask if they have any house flippers in their circle. Most realtors I know have at least a couple of investors on speed dial.
When I was doing Construction full-time, it was critical to have a good Demo and Hauling company. And yes, you can make a LOT of money doing this. Don't be the typical Demo company and show up with a bunch of scroungy looking ex-felons. You want to be very professional, this will set you apart from your competitors and allow you to charge more.
One of my best Subs was a bunch of college grads who were on the football team. Big ole boys that were really smart too. That will be your biggest challenge - finding good employees...have high standards and build yourself a brand.
You can buy old dump trucks for not too much, don't buy new. Wear company shirts and be neat and clean. Leave every jobsite broom clean.
You'll be surprised how much you can make...I think that on the average job I paid $9,000. You get 10 of these going a month and you can do the math.
@Christopher Kinnaman I am a contractor , I have my own dump trailers . About once a week I drop the trailer off at a customers house and they fill it , I charge them $ xxx.xx plus the dump fee of $85 a ton . To me its extra money , but at the end of the year it adds up rather nicely
@ Mathew Paul, that's great. I'm glad to hear things are working out for you. I wish you the best of luck going forward. I hope to one day get to the same level as you. I just have to get that first and second customer. Yes I know that there is more to it then that but in order to get word of mouth going, you have to actually get jobs coming in.
@ Mathew Paul, that's great. I'm glad to hear things are working out for you. I wish you the best of luck going forward. I hope to one day get to the same level as you. I just have to get that first and second customer. Yes I know that there is more to it then that but in order to get word of mouth going, you have to actually get jobs coming in.
More important than the hauling aspect is the demo. It's really hard to find a company that is good.....and by good I mean they repair any plumbing leaks the cause, they can do minor electrical diagnosis, and things like that. So you can give them a list and don't call you every hour....