| Is it worth your effort to start your REO foreclosed | | | | ways. Let's analyze a typical scenario: |
| home cleaning business? How much can you really | | | | A bank or the REO agent calls you for a contract and |
| earn with this kind of business? This is one of the most | | | | they need a quote. You then visit the property and |
| common questions that many individuals ask when | | | | evaluate the extent of the job. Looking into it, you |
| starting this kind of cleaning business. Keep in mind that | | | | found out that the interior needs a new paint, carpet |
| in any business there are no guarantees of financial | | | | replacement, new windows, change of door locks, etc. |
| success because every person has different | | | | There's still going to be a lot of work when you look |
| motivation and situations. Then again, your success in | | | | outside. |
| cleaning out foreclosed homes will depend on two | | | | I've seen a foreclosure cleanup provider who is |
| main points: | | | | profiting between $200 and over $1,900 on just one |
| - How good and consistent your marketing efforts are, | | | | basic trashout. He also mentions that he typically does |
| and | | | | 12-20 cleanup jobs in a week. So if you add the |
| - How much work you're willing to put in | | | | numbers up, his business gets around $40,000 in profit. |
| You noticed that these two points can relate to any | | | | Take note that this is only on trashouts and he still |
| kind of business. You need a good number of potential | | | | provides other services. |
| customers and you have to provide a high quality of | | | | As you can see, there's really a huge potential on how |
| service to your clients. There are people who just think | | | | many ways that you can profit from providing a |
| about how much money they're going to rake in but | | | | foreclosure cleaning service. Make sure that you |
| are not putting in the effort. You know why cleaning | | | | evaluate the property first before you give a quote. |
| foreclosed homes is a very lucrative business? It's | | | | Avoid giving quick quotes to clients who are going to |
| because you can earn the revenue in many various | | | | call you. |