PROPERTY PRESERVATION: DO THE MATH AND MAKE THE MONEY

2010 is going to be another record-breaking year for the property preservation business – it remains the biggest foreclosure business opportunity around. In 2009, we were proud to see our first 10 REO ResQ™ franchisees open their doors at various locations all across the country – and we’re sure this year will bring a whole new group of successful start-ups.

If you’re thinking of starting a property preservation company, especially if this bad economy has you scrambling for cash, you should know your services will be in demand. The massive amount of foreclosures – some estimate the number of vacant homes at seven million – are going to need servicing sooner rather than later. Neighborhoods are fed up with dealing with abandoned homes and so are local communities.

When I said “Do the Math and Make the Money” in the title of this blog, I was serious. Most basic foreclosure trash outs pay anywhere from $200 to $500 – additional services, such as repairs, pool care and lawn care bring in even more money. These clean outs are easy to do and don’t take a lot of time – you can do several a day and make up to $10,000 a week once you’re established.

And it doesn’t take long to get established. We take two weeks to train our REO ResQ™ franchisees, that’s all that is required. But it is vital. My brother Scott and I have a lot of inside knowledge on what is required to succeed in property preservation – tricks and tips that will instantly put you ahead of the competition. Your other start-up costs are minimal – a truck and some tools, at most. Contracting experience is obviously of value, but not necessary.

We’ve already trained lots of folks who pursued starting a property preservation company – they knew the amazing business opportunity it presented in these times and they needed a fresh start. They got it and we’re proud to have helped them.

We can help you off to a new start as well if you’re in need of one. Again, there are millions of homes that need a property preservation company’s services – and the current field services companies can’t keep up with the demand.

I wish you all the best in 2010 and hope you’ll check out our website at REORESQ.com for more about us and what we do.

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