Scottsdale, Ariz. – February 12, 2010 – In a recent article by Frank Patrick, one of the country’s top property preservation and mortgage field service experts, Frank reflects on the property preservation industry boom of 2009, and the incredible opportunities that 2010 will provide for field service companies, property preservation contractors, and trash out businesses.

Frank’s recent article, “The 2010 Property Preservation Business Opportunity,” explains how property preservation is already an incredibly lucrative business, for those who know what they’re doing. Nationwide franchise, REO ResQ™, begun about a year ago by foreclosure experts Frank and Scott Patrick, has been training those who want to start a property preservation company in the special demands of this business opportunity.

“The problem of vacant homes in otherwise normal neighborhoods is a big one and growing by leaps and bounds. In addition to these empty untended homes becoming eyesores, thanks to uncared-for lawns, broken windows and graffiti, they also pose public health dangers,” wrote Frank Patrick.

“That’s why, more and more, local communities and governments have been demanding property preservation companies be hired to handle these vacant houses – and why, more and more, property preservation will continue to be the biggest foreclosure business opportunity in 2010,” Frank continued.

In addition to being the founder of the property preservation franchise REO RESQ™, Frank Patrick is also the founder of American Society of REO Specialists™ (ASREOS). Patrick has recently been featured in Newsweek, The Wall Street Journal and USA Today for his expertise and success in the REO Sales and REO agent training industry.

For more information on Frank Patrick and REO RESQ™ please visit http://www.REORESQ.com

About REO RESQ™:

REO RESQ™ was begun by two brothers with the perfect blend of credentials – one with an extensive background as a top REO broker, the other with years of experience in construction. Starting as a small family business in Kansas City, Missouri, REO RESQ™ offered property preservation and default management services to banks, lenders, asset management companies and REO agents.

In the past five years, the success of REO RESQ™ resulted in it becoming the first nationally franchised company providing comprehensive property preservation and asset management services for REO properties. REO RESQ™ provides the full spectrum of Property Preservation services including:

Inspect – occupancy and property condition inspections
Secure – lock changes, lock box installation, evictions, board ups
Preserve – winterization, emergency repairs, pool service
Prepare – trash & debris removal, janitorial service, landscaping
Repair – repair of minor health and safety issues, code violations
Maintain – ongoing lawn care, maid service and pool maintenance

REO RESQ™ guarantees quality work delivered on your schedule to get your REO listings “ready for market” – and looking their best for a quick sale. All our franchisees are fully licensed and properly insured – and trained by REO field service experts to provide the level of property preservation service that you desire. We strive to limit your out-of-pocket expenses while providing world-class service.
REO RESQ™ understands your business – because it’s our business.

For more information please visit http://www.REORESQ.com

About Frank Patrick:

Frank Patrick began his real estate career in 2000 after a 12-year stint in corporate America as a sales manager. As a new real estate agent Frank knew that he wanted to find a niche within the real estate industry. After months of research Frank decided to specialize in REO, an acronym for bank owned foreclosed homes. Frank quickly became one of the top REO agents in the nation averaging over 100 transactions per year for the last 9 years. In 2007 Frank’s production soared to over 214 sales.

In 2004 Frank and his brother Scott Patrick started a property preservation company to offer maintenance and repair services to banks with foreclosed homes. Frank’s solid understanding of the REO industry and Scott’s 20+ years in the construction business was a recipe for success. This year their property preservation business is on track to gross over one million dollars in revenue. Today Frank manages his REO Real Estate Brokerage, REO Renegades an REO agent training business, his trade association The American Society of REO Specialists and is developing a national Franchise Property Preservation company, REO ResQ.

For more information please visit http://www.ASREOS.com and http://www.REORESQ.com

In a New York City suburb, squatters took up residence in a vacant home that had yet to see any property preservation services. They lived there for three weeks. Imagine being next door to that kind of situation – where you had no idea who these people were or what they were capable of.

Biggest twist to the story? New York City had bought the property in order to rehabilitate it and help the neighborhood. Instead of taking any action, however, the city just continued to let it sit vacant for another few months.

We all know that property preservation is the biggest foreclosure business opportunity. But it’s also the most important. As I’ve written before, property preservation helps neighborhoods be safer and more secure. Abandoned homes are currently adding to community blight all across the country.

The slowness of the financial institutions that own these homes to deal with them has been frustrating to cities everywhere. So they’ve tried to take matters into their own homes. Unfortunately, they’ve just replaced the bureaucratic inefficiency of these financial institutions with their own bureaucratic inefficiency.

New York had the funds to buy 115 foreclosed homes and fix them up. After a year since Mayor Bloomberg announced this impressive goal, the Big Apple has bought exactly 8 homes – and hasn’t had property preservation performed on any of them.

San Francisco tried a different tack when it levied fines on owners of abandoned homes who left them to rot. It required these owners to register their vacant properties. Guess what? Over two-thirds of the owners simply didn’t register. Most people aren’t anxious to raise their hand and ask to pay a $750 fine.

It seemed like good news when government was finally starting to step in to handle the overwhelming number of foreclosures that desperately needed property preservation services. Now it’s beginning to look like they’re just prolonging the problem.

Our industry can live with that as we have more than enough foreclosures to keep us busy. But can America’s neighborhoods live with that?

If you’re interested in pursuing the amazing property preservation business opportunity, I invite you to visit www.REOResQ.com for more information on how we can help you get started.

Imagine making as much as $10,000 a week cleaning homes.

Okay, it isn’t the kind of housecleaning you normally think of – where you dust and vacuum for an hour and call it a day. It’s all about cleaning out foreclosed homes – what’s called property preservation or mortgage field services – and some newbies to the field have found amazing success in recent years. Foreclosures, as you probably already know, are rampant in the U.S. – and show no signs of slowing down.

Here are 6 reasons why property preservation will continue to be the biggest foreclosure business opportunity around – and will grow even faster in the months to come.

1) It’s cheap and fast to get into the business.

If you get expert training from people who know the ins and outs of the business, you can start doing foreclosure trash-outs in as few as two weeks. In addition, you’ll only need a truck and some basic tools to begin your business.

2) The banks have a huge shadow inventory of foreclosed homes.

Housing experts know that the banks and other REO sellers have a massive amount of homes they still haven’t formally processed as foreclosures. In Las Vegas, the Bank of America is currently trying to decide what to do with the 6000 homes they have yet to put on the market and that will require property preservation services. The number of current property preservation companies will not be able to handle the extra load.

3) You can work as much – and make as much money – as you are willing.

If you live near a high-foreclosure area, you will find yourself in immediate demand if you establish yourself as a professional, responsible property preservation company. That comes from having the proper training – and once the national master contractors who hire mortgage field service companies are aware of your reputation, you could find yourself working from Sunday through Saturday if you want, just to handle all the properties that require servicing.

4) The foreclosure rate is about to get higher.

In addition to the shadow inventory, the amount of new foreclosures is going to continue to skyrocket. Because of continued unemployment, more homeowners are getting behind in payments. The Federal Housing Administration (FHA) has determined that over a third of the mortgages it backs are in default. That’s an ominous sign.

5) The real estate market is not recovering.

As housing prices continue to sag, more and more homeowners find themselves “underwater” (owing more than on their home than it is now worth), meaning they can’t sell or refinance. That motivates them to simply walk away from the property and allow the bank to foreclose.

6) It’s easy work.

Once you learn the basics from a trained professional, foreclosure trash-outs are easy – and you can also hire and train additional crews to do your work for you and expand your business quickly.

What makes all the difference is having the proper training to successfully start a property preservation business. Matters of licensing, insurance and how to deal with financial institutions and master contractors are critical, as well as meeting their expectations when they hire you for a job. They want property preservation specialists who already know what to do and how to do it.

One of the leading companies in the property preservation industry, REO ResQ™, is run by property preservation experts Frank and Scott Patrick. They’ve already trained many franchisees and launched incredibly successful property preservation careers for people who had never done that kind of work before.

Visit www.REOResQ.com for more on this big business opportunity.

Frank Patrick, founder of property preservation franchise REO RESQ™, says that foreclosures will continue to increase in 2010 and the government can play an important role in maintaining these properties.

Scottsdale, Ariz. – February 8, 2010 – According to a recent article by Frank Patrick, one of the country’s top REO (Real Estate Owned/Bank Foreclosure) experts, a continued increase of foreclosures are destined to hit the market throughout 2010. This onslaught of new foreclosure properties, or REO properties, will create a strong demand for field service companies, property preservation contractors, and trash out businesses.

Frank’s recent article, “More Government Action: More Property Preservation,” calls for swifter government involvement in helping to maintain foreclosed properties. “As more and more foreclosed homes are left vacant and in bureaucratic limbo, more and more neighborhoods and communities all across America are facing the health, safety and social hazards presented by these unsecured, uncared-for properties, which continue to deteriorate,” wrote Frank Patrick.

Frank goes on to highlight a recent ordinance passed by the Aurora, Colo. City Council that charges lenders to register foreclosed properties. These charges have created an increased revenue stream for the city, as well as an increase in the utilization of property preservation services.

“As more and more counties and communities like Aurora work to fix the foreclosure problem, property preservation experts will be more in demand than they already are, truly making it the biggest foreclosure business opportunity available,” Frank Patrick continued.

In addition to being the founder of the property preservation franchise REO RESQ™, Frank Patrick is also the founder of American Society of REO Specialists™ (ASREOS). Patrick has recently been featured in Newsweek, The Wall Street Journal and USA Today for his expertise and success in the REO Sales and REO agent training industry.

For more information on Frank Patrick and REO RESQ™ please visit http://www.REORESQ.com

About REO RESQ™:

REO RESQ™ was begun by two brothers with the perfect blend of credentials – one with an extensive background as a top REO broker, the other with years of experience in construction. Starting as a small family business in Kansas City, Missouri, REO RESQ™ offered property preservation and default management services to banks, lenders, asset management companies and REO agents.

In the past five years, the success of REO RESQ™ resulted in it becoming the first nationally franchised company providing comprehensive property preservation and asset management services for REO properties. REO RESQ™ provides the full spectrum of Property Preservation services including:

Inspect – occupancy and property condition inspections
Secure – lock changes, lock box installation, evictions, board ups
Preserve – winterization, emergency repairs, pool service
Prepare – trash & debris removal, janitorial service, landscaping
Repair – repair of minor health and safety issues, code violations
Maintain – ongoing lawn care, maid service and pool maintenance

REO RESQ™ guarantees quality work delivered on your schedule to get your REO listings “ready for market” – and looking their best for a quick sale. All our franchisees are fully licensed and properly insured – and trained by REO field service experts to provide the level of property preservation service that you desire. We strive to limit your out-of-pocket expenses while providing world-class service.

REO RESQ™ understands your business – because it’s our business.

For more information please visit http://www.REORESQ.com

About Frank Patrick:

Frank Patrick began his real estate career in 2000 after a 12-year stint in corporate America as a sales manager. As a new real estate agent Frank knew that he wanted to find a niche within the real estate industry. After months of research Frank decided to specialize in REO, an acronym for bank owned foreclosed homes. Frank quickly became one of the top REO agents in the nation averaging over 100 transactions per year for the last 9 years. In 2007 Frank’s production soared to over 214 sales.

In 2004 Frank and his brother Scott Patrick started a property preservation company to offer maintenance and repair services to banks with foreclosed homes. Frank’s solid understanding of the REO industry and Scott’s 20+ years in the construction business was a recipe for success. This year their property preservation business is on track to gross over one million dollars in revenue. Today Frank manages his REO Real Estate Brokerage, REO Renegades an REO agent training business, his trade association The American Society of REO Specialists and is developing a national Franchise Property Preservation company, REO ResQ.

For more information please visit http://www.ASREOS.com and http://www.REORESQ.com

Orlando, Fla. – February 2, 2010 – Frank Patrick, founder of REO ResQ™, REO Renegades, and The American Society of REO Specialists, was recently inducted into The National Academy of Best-Selling Authors™ after releasing the book, Big Ideas For Your Business: America’s PremierExperts® Show You How to Make Your Business More Fun & More Profitable. The book was written in collaboration with America’s PremierExperts®, a group of America’s leading experts in various fields of business. They are celebrity experts who are dedicated to spreading knowledge and awareness in their field of expertise and making significant contributions to their industry and the marketplace as a whole.

Big Ideas For Your Business was released on July 23rd, 2009. On the day of release, the book reached the best-seller list in two categories, the Management and Leadership – Systems and Planning category, and the Business Management category.

Frank Patrick authored a chapter in the book titled, “REO Properties: Finding a Niche Market for Maximum Profits.” Frank was chosen as one of America’s PremierExperts® based on his expertise and success in the REO sales and property preservation industry. Frank Patrick is considered one of the country’s top property preservation and REO specialists, and currently is at the helm of a property preservation company, REO agent training business, and trade association dedicated to REO specialists. (REO ResQ, REO Renegades, and The American Society of REO Specialists, respectively.)

The National Academy of Best Selling Authors™ was founded by two attorneys, JW Dicks, Esq. and Nick Nation, Esq. who are also best selling authors and represent authors and experts nationwide. Both of the attorneys are members of multiple organizations, associations and academies that recognize and honor the best in the business, and they thought a similar organization should be created for Best Selling authors who don’t always get recognition for their accomplishment. Authors themselves, they recognized that only a very limited number of books made the major New York Times Best Seller list and just like the awards shows put on by the entertainment-based organizations, they wanted to have more categories for authors to be accepted and recognized for their accomplishment. The National Academy of Best Selling Authors™ now honors authors from many of the leading independent best-seller lists.

To order your copy of Big Ideas For Your Business please visit http://www.amazon.com/Ideas-Your-Business-Nick-Nanton/dp/1599321076

For more information on Frank Patrick, please visit http://www.ASREOS.com and http://www.REORESQ.com

To find out more about The National Academy of Best-Selling Authors™ visit http://www.academyofauthors.org/

About Frank Patrick:

Frank Patrick began his real estate career in 2000 after a 12-year stint in corporate America as a sales manager. As a new real estate agent Frank knew that he wanted to find a niche within the real estate industry. After months of research Frank decided to specialize in REO, an acronym for bank owned foreclosed homes. Frank quickly became one of the top REO agents in the nation averaging over 100 transactions per year for the last 8 years. In 2007 Frank’s production soared to over 214 sales.

In 2004 Frank and his brother Scott Patrick started a property preservation company to offer maintenance and repair services to banks with foreclosed homes. Frank’s solid understanding of the REO industry and Scott’s 20+ years in the construction business was a recipe for success. This year their property preservation business is on track to gross over one million dollars in revenue. Today Frank manages his REO Real Estate Brokerage, REO Renegades an REO agent training business, his trade association The American Society of REO Specialists and is developing a national Franchise Property Preservation company, REO ResQ.

For more information on Frank Patrick, please visit http://www.ASREOS.com and http://www.REORESQ.com

The National Academy of Best-Selling Authors™:

The National Academy of Best Selling Authors™ was founded by two attorneys, JW Dicks, Esq. and Nick Nation, Esq. who are also best selling authors and represent authors and experts nationwide. Both of the attorneys are members of multiple organizations, associations and academies that recognize and honor the best in the business, and they thought a similar organization should be created for Best Selling authors who don’t always get recognition for their accomplishment. Authors themselves, they recognized that only a very limited number of books made the major New York Times Best Seller list and just like the awards shows put on by the entertainment-based organizations, they wanted to have more categories for authors to be accepted and recognized for their accomplishment. The National Academy of Best Selling Authors™ now honors authors from many of the leading independent best-seller lists.

To find out more about The National Academy of Best-Selling Authors™ visit http://www.academyofauthors.org/

At the beginning of 2010, the unemployment outlook continues to be bleak – 85,000 more jobs were lost in December of 2009 and the joblessness rate won’t budge below 10%. Not only that, but 661,000 Americans just plain gave up looking for work at all.

Working-age men, however, have been hit hardest of all. Economists have termed this recession a “mancession,” because figures state that the jobless rate for this group is closer to 20% – with just about one out of five males 25-54 unemployed.

The good news is that there are still business opportunities out there, for those willing to give a new skill category a shot. And one of the hottest job categories right now is property preservation.

Property preservation – also known as mortgage field services – involves performing foreclosure trash outs, repairs and doing ongoing maintenance, and is truly the biggest business opportunity in this climate of ever-increasing home foreclosures.

The foreclosure situation, like the unemployment problem, is not expected to improve soon. As a matter of fact, the rising joblessness is helping to continue to fuel foreclosures – experts predict over 10 million of them over the next 2 years, an incredibly high figure.

When a home is hit with foreclosure, the ownership reverts to the bank or financial institution which holds the unpaid mortgage. These kinds of home are frequently left in horrible shape – and the banks must hire companies to perform what are called “trash outs” to clean out the homes, which are often still filled with the previous homeowner’s possessions. In addition, homes must be rekeyed and secured, so no vandalism will take place, and certain maintenance, such as winterization and pool draining and covering, must be performed to keep the homes safe and habitable.

Property preservation work is essential to banks and financial institutions, as it allows them to resell the homes as REO properties, currently one of the biggest-selling sectors of the real estate business. Many start-ups in the mortgage field services industry have found themselves working Monday through Saturday, 12 hours a day, trying to keep up with the demand – and finding themselves making up to $60,000 a month.

$60,000 a month – especially in this economy – is certainly an amazing number. And that’s because the need for property preservation companies is so great.

One nationwide franchise, REO ResQ™, run by property preservation pros Frank and Scott Patrick, is helping entrepreneurs all across the country start up and successfully operate property preservation franchises. With their years of experience, not only are the brothers Patrick able to give new franchisees inside knowledge of how to jump start a property preservation company, but they also can fully train them in just two weeks, so the new franchisee can begin making money in less than a month. A lot of expensive equipment is not required – just a truck and some common tools get the job done.

In difficult times such as these, an incredible business opportunity like property preservation should be considered. Find out more at www.REOResQ.com.

The average American worker can no longer put their faith into just being employees of big companies. They end up lacking control of their future – because corporations are, as we’ve seen, quick to downsize when it’s necessary.

That’s why it’s a great time to start your own business – and a great time to make that business the property preservation business.

In this era of record-setting home mortgage defaults, property preservation is the biggest foreclosure business opportunity in America today, especially if you do it through our start-up system at REOResQ™. Start-up is affordable, training is fast (usually two weeks) and the demand for your services will be strong.

The banks that end up owning foreclosed homes need them cleaned out, repaired and brought back to market quickly so they can mitigate their mortgage losses. In addition, communities and local governments are demanding that vacant homes be secured and taken care of, before they become safety and health risks, not to mention posing a threat to a neighborhood’s property values and attractiveness.

That means a good property preservation company ends up working around the clock to keep up with the demand. Note that I said “good” – because many untrained people are attempting to get into this business that don’t know the special demands of it. Insurance costs, licensing issues, and the expectations of the master contractors that generally hire property preservation companies are all difficult to deal with if you haven’t been educated about them.

REOResQ™ franchisees get that training – and ongoing support – from professionals who know the property preservation game inside and out. My brother Scott and I both have the years of experience that enable us to get you started quickly in this lucrative line of work – and to skip the difficult beginning learning curve that you otherwise would have to get through by simple (and painful) trial and error. We know about that learning curve – we had to go through it ourselves!

Instead of trying more conventional job searches that are complete dead ends these days, I strongly suggest you check out the property preservation business for yourself. In a time when one out of five working men are out of work – and the job losses keep coming – this is one sector of the economy that provides an amazing opportunity.

It’s a new decade – I hope you’ll visit www.REOResQ.com to find out how to make an exciting new start.

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.

Property preservation – performing foreclosure trash outs, repairs and doing ongoing maintenance – had an incredible year in 2009. The second year in a row of historic foreclosure highs meant even new field service companies could earn over $10,000 a week.

In 2010, a year in which the overall American jobs picture is expected to still be bleak, property preservation companies will be busier – and more profitable – than ever. In addition to the continuing escalation of foreclosures, the beginnings of the so-called “shadow inventory” of vacant homes that have yet to be listed for sale or even acknowledged as foreclosures will be put on the market.

This shadow inventory has been estimated at anywhere from 1.7 million homes to as high as 7 million. If it is actually 7 million, that would be over twice as many REO homes that require foreclosure clean outs as were recorded in all of 2009.

The problem of vacant homes in otherwise normal neighborhoods is a big one and growing by leaps and bounds. In addition to these empty untended homes becoming eyesores, thanks to uncared-for lawns, broken windows and graffiti, they also pose public health dangers. Abandoned pools breed mosquitoes that carry disease; rats can overwhelm a vacant property; and transients can just move in with no fear of getting thrown out.

That’s why, more and more, local communities and governments have been demanding property preservation companies be hired to handle these vacant houses – and why, more and more, property preservation will continue to be the biggest foreclosure business opportunity in 2010. The problem these empty homes present can no longer be ignored – and the mortgage companies in charge of them will be forced to take care of them by government and public pressure.

Property preservation is already an incredibly lucrative business for those who know what they’re doing. One nationwide franchise, REO ResQ™, begun about a year ago by foreclosure experts Frank and Scott Patrick, has been training those who want to start a property preservation company in the special demands of this business opportunity. They provide such inside knowledge as what licenses and insurance is required, how to get started, and how to deal with the master contracting companies that often hire property preservation companies.

The Patrick brothers know what they’re doing – between them, they have almost 20 years of experience in the field. They only need a couple of weeks to fully train their new franchisees, so they can get to work making money in the property preservation field ASAP. One couple that began a Las Vegas field services company found themselves grossing almost $90,000 in one month; another Missouri couple made almost $10,000 in one week. And, before they received their property preservation training from REO ResQ™, they had had no experience in the profession.

Costs are fairly minimal if you’re going to start a property preservation company – and your services are definitely in demand in this field. Find out more about the property preservation opportunity at REOResQ.com.

All across the country, neighborhoods are being presented with a new and growing crisis – empty homes that haven’t officially been classified as foreclosures or REO homes posing public health and safety risks.

I’ve written about this “shadow inventory” before – and the urgent need for REO sellers to process these homes quickly and hire the necessary property preservation experts to secure and maintain these homes. There’s no question that property preservation is already one of the biggest foreclosure business opportunities available – but there are still thousands of homes that need basic mortgage field services, just for the sake of public safety.

A recent article from UPI.com details just one of the crazy consequences of having too many vacant homes sitting out there. In San Diego, neighborhoods hard hit by foreclosures are breaking out in late night, illicit raves held in the abandoned homes. The San Diego County Sheriff’s Department has to recruit extra help to try to control these out-of-control parties that cause thousands of dollars worth of damage. One big soiree last summer even had a DJ and strobe lights!

“Whenever the door opened, it was like someone opened the door of a huge club, it was so loud,” said a neighbor, who, along with his wife, helped pick up hundreds of red plastic cups and liquor bottles littering the street the next morning.

There’s simply no need for this situation. Processing foreclosures, hiring property preservation companies and getting these houses back on the market is, again, in everyone’s best interests. Buyers want REO homes, as they are correctly perceived as a great buy.

At some point, property preservation companies will have to be employed – and the later they’re called, the more expensive and extensive the repairs that will be needed. That’s great for those of us in the property preservation business – not so great for the neighbors who are picking up empty booze bottles all day long!

Please remember, Property Preservation is the biggest foreclosure business opportunity around – and will be for some time. If you want to start a property preservation company, our nationwide franchise, REO ResQ™, will get you completely trained and up and running with your own business in a matter of weeks. Visit us at www.REORESQ.com to find out more about us and what we can do for you.