A foreclosed home cleaning service involves cleaning foreclosed properties and getting the property ready for resale. As a cleaning vendor, you may need to make numerous trips to trash dumpsites. Cleaning vendors often report finding anything from rotten food to dead pets, and even human waste, upon entering a foreclosed property. Nonetheless, if you're willing to work hard, you can start a foreclosed home cleaning service and create a good source of income for yourself.
For instance, in the August 9, 2009 article, MSNBC featured a foreclosed home cleaning business owner who reported that on average he trashes out (cleans) anywhere from 10 to 20 bank real estate owned (REO) each week. Moreover, he reports gross earnings between $250 and $2,000 per job. As you can see, the potential for income is significant.
Although new foreclosed cleaning businesses are appearing throughout the country, generally, there's enough work to keep everyone busy. If you're looking for a way to make money, you may want to consider a foreclosed home cleaning service.
Legalize your cleaning service. Apply for a business license at your local City Hall. Expect to pay about $100. You also need General Liability Insurance, which can range from about $400 to $1,000 per year.
Get the necessary equipment. This may include a flatbed trailer, a reliable pickup truck, a vacuum cleaner, a ladder, buckets and cleaning products. Other items you may need are brooms, masks, a respirator, gloves and rags.
Create a contact list of dumps and landfills in your area, as you generally need to trash out foreclosed houses.
Join an online Property Preservation Vendor Directory. There are numerous online directories. One example is the Instant Home Link. Asset management companies, banks and REO Asset Managers consult this type of directory when looking for foreclosed home cleaning businesses. Membership rates start at $5 for one month with the Platinum Membership being the most expensive at $149 for lifetime membership. Although you can find cleaning jobs without joining this directory, signing up may help you get work faster.
Set up an email account, as you often receive assignments via email. Respond to job offers as soon as possible. You also need a cell phone with a reliable connection so you don't miss or drop important calls.
Have some business cards printed. Make sure to include all your correct contact information. Leave your card each time you visit a bank or a real estate office.
Promote your foreclosed home cleaning service. Join free, online social network sites for foreclosed home cleaning businesses where you can network with real estate agents who deal with REO properties and get job assignments. An example of such networks is the Foreclosure Cleanup Network.
Having a successful foreclosed home cleaning service requires dedication and determination. However, if you're willing to put in the hours and the energy, it can generate the income you need. Some cleaning business owners opt to hire or contract help so they can focus on the administration side of the business. Whether you decide to work by yourself or hire help, the income potential is there. Remember that if others have succeeded, you can too.
Copyright © 2011 Ana Jackson. All Rights Reserved. Reproduction in whole or in part constitutes plagiarism, is illegal and strictly prohibited.