Foreclosure Cleanup:Simple Things You Must Know about This Business

In the foreclosure cleanup business, banks and agents expect quick turnaround. Usually, they want you to start as soon as possible after your bid is accepted. Hence, as you're preparing your estimate, keep this in mind. In the foreclosure cleanup business, you will need the services of various contractors, eg, electricians, painters, plumbers, etc. Before you start, line up a few in each niche. Even if you're skilled in these areas, it's easy to get so busy that you will need to outsource work.Subcontract to contractors who are licensed as well. For example, if you have to hire an electrician, the bank may ask for the electrician's certification to ensure that wiring was done correctly.

Think about the various contractors you may have to hire and what their schedules are like. For example, if you can handle the painting, but you need someone to hang the sheetrock but your contractor can't do it for three days, you will have to build this into your timeline. Logistics can be a nightmare in this business when dealing with subcontractors. That's why you want to try to work with the same ones all the time. The more work your foreclosure cleanup business throws their way, the more likely they are to give your jobs priority over others.