I once hired a roofer, whom I had never met before, to complete an out of town roof replacement job I received from one of my Property Preservation clients. The work order was for a property on Knox Street, which was approximately 4 hours away. …
What I’m about to share with you is one of the best kept secrets for measuring residential roofing jobs without your feet leaving the ground. If you are not the owner of a residential roofing company then you most likely haven’t heard of this before. …
Originally I set up this website as a resource for my subcontractors so they could keep up to date on all the complex situations and constant changes in the Property Preservation industry. At the time, I couldn’t find any decent quality informational sites for Property …
As some of you may know, I have been running a fast growing Property Preservation repair business since 2007 that does approx $2 million dollars worth of Property Preservation repair work per year. Our office/ management work is efficiently taken care of by 1 full …
This is the very first Vendor Chargeback Case Study and I must admit it’s a little “rough around the edges”. My plan is to add a new one to this blog once every week or two, with each one analyzing a different aspect of the …
I just stumbled onto a rant I posted to an online property preservation forum a few years ago. It’s a little rough around the edges and I’m sure some will find it quite controversial. One of my new year’s resolutions for 2014 is to not …
When you are a field inspector, the importance of having a road hazard kit in your car cannot be stressed enough. We all ignore suggestions to keep road hazard items in our car for emergencies, but when you are in this business and traveling all …
There is a lot of information out there about starting a foreclosure cleanup or REO trash out business, but what about the not-so-pretty side of the foreclosure cleanup industry? This article will give you an insight into the real deal before you dive in, so …
As business owners, it is our job to do whatever we have to do in order to make our client company’s employee’s job easier. Give your client(s) the services they are paying you for, every single time. Do this and you will be instantly doing …
Property Preservation is a term used to refer to the mortgage field service industry. Some people will tell you that it also refers to foreclosure cleaning but those of us actively working in this industry know that there’s so much more involved than cleaning. We’ve …
Separating Facts From Opinions During your research, you will surely encounter negative comments about most if not all of these companies. It is not wise to believe every single negative comment that you hear about a particular National Property Preservation Company. Educate yourself with factual …
“Your financial success is directly related to the size of the problem you solve for other people (solve BIG problems and you’ll make BIG money).” -Brian Tracy “Most people give up just when they’re about to achieve success. They quit on the one yard line. …
I do not spend very much time perusing Property Preservation industry forums. There is far too much negative talk drowning out the few tidbits of helpful information that may or may not exist. Many of the “client bashing” threads would not exist if the vendors …
In the last few years more and more of my income was generated because I figured out how to profit from properties with mold damages. Most Property Preservation contractors complain when their clients suggest that they use primer to deal with mold. I can’t say …
I’ve been meaning to write this article for some time now because of how the Property Preservation forums always seem so congested with people complaining about how some national property preservation company did that and this other national company did this. Most industry forums are …
Landlords as clients can be fertile ground for real estate and foreclosure cleanup businesses. In the turbulent rental market, landlords are great for move-in and move-out work. Any Rental Activity is Good Activity for Cleanup Businesses The bottom line is, it doesn’t matter what the …
There are guidelines for acceptable workwear in any profession, and the property preservation industry is no different. When you are out in the field, you represent your client (the mortgage company), and while you may work on your own on a day-to-day basis, you are …
There are currently 3 different types of vendors who are actively being recruited to complete work within the Property Preservation Industry. Inspection Vendor Maintenance Vendor Repair Vendor Here is a brief overview of what is expected from each of these 3 types of vendors. Inspection …
With increased frequency, I have observed many small business owners make a comment at one of the Property Preservation forums, like this: “I have been working with the XYZ Property Preservation Company for 3 months and they currently owe me $1,300. Does anyone have any …
The Elite Vendor An elite vendor identifies his weaknesses and works his ass off, twice as hard, until he improves in those areas. He realizes that it will be difficult to improve these areas at the beginning. But he also knows that if he keeps …
An effective Property Preservation Business Website should be good-looking and it must also show up when and where their potential clients are looking for this type of business in their coverage area. Most of the Property Preservation business owners currently operating right now either do …
Pressure testing plumbing supply lines is one of the most difficult property preservation repairs to verify. Unless, of course, you redo every single pressure test right after your crew or subcontractor gets finished. It amazes me that most licensed plumbers either don’t know how to …
If you work as a Property Preservation vendor then you should already know how important it is to take good photos to document your work orders, if you want to get paid by your clients. And after you take the photos, you have to store …
For a property to be considered to be “In Convey Condition” in the Property Preservation Industry, there cannot be any roof leaks. Locating the cause of an active roof leak is not as difficult as some people make it out to be. Most leaks that …
One of my pet peeves are all the websites who write about this industry and give advice without actually knowing what they’re talking about. Here’s how you need to go about getting Property Preservation repair work from the large companies who control most of the …
QUESTION: How much money can I make working as a property preservation contractor? ANSWER: Your success as a property preservation contractor is directly related to your dedication to continually educating yourself about REO construction issues as well as how to properly manage cash flow. From …
The Law Of Income: You Get Paid In Direct Proportion To The Amount Of VALUE You Deliver To Your Marketplace Your financial success is directly related to the size of the problem you solve for other people (solve BIG problems and you’ll make BIG money). You will …