Thanks for the feedback. Still not really what I am asking. There is plenty of the negative and problems. I am looking for the positives (if any). The forum seems active enough. If people are only here to complain about an industry they want to get out of then why so much activity? I'm just trying to dive down to the root of the matter. I get it that companies can be predatory and will find any way to not pay a vendor. At some point people are making some money and even if its not enough they remain for one reason or another. Some because they have to, others because they may be forcing a bad business model into failing system.
So your saying that there is no one who has a decent experience (with expected setbacks) with the industry and is able sustain or grow their business? Those are the people I am looking to hear from.
Vic it sounds like you want us to whistle sunshine up your keester. The analytical side of your brain sees all these properties and all this work and all these people doing it and thinks "someone has to be making money so how?" The truth is there are some (very few) at every level making money. Even the 15.00 grass cut guy in the chevette hatch back with the used push mower is making money. He simply has to do 20 yards a day and process work until 3 am then back on the road at 6. He is bringing home more than he ever did at his old job in the factory. What he doesn't factor in is he never worked this hard at the factory. Had he put in this kind of effort and hours he would have been paid overtime and made far far more than he does in P&P. He has drank the kool aid and believes he is his own boss and his effort is building his company. While that business model is semi? profitable? it is not sustainable. It usually takes this guy 3-5 years to even realize they are losing money not making it. They wake up one day and the Chevette won't start the pusher only has 3 wheels on it and there is no money to fix any of it.
There is the guy with 2 scags on his trailer and a nice F250 Super Cab who uses preservation as a stepping stone. He's cutting a few foreclosures but mostly private customers and commercial accounts. He eventually tires of the nonsense picture garbage, arguing over pay, tearing up his nice equipment on debris in foreclosure yards, driving the wheels off of his truck, and the fluid guidelines of P&P. He never lasts long in the industry and leaves with a sour taste in his mouth.
You have the regional wannabe contractor. He is a guy that sees plenty of opportunity to have other schmucks make him a living. He wants in on the action. He applies at every national, and regional he can find. He runs adds everywhere and he starts making money. At first he rakes in the dough! Everyone is excited and willing to work. After the paychecks start rolling in the chargebacks and late orders are soon to follow. See, our regional wannabe contractor told Safeguard he could cover the entire state of Tennessee but his Memphis contractor is way behind and won't leave the city limits. All of the orders in the surrounding towns are growing stale. Pretty soon Safeguard is calling and emailing daily with complaints. Then the subs start complaining about pay and driving too much. So our regional hero pays them extra to go to the way outs. Soon he is losing money coming in to charge backs and no pays almost as quickly as he is losing it going out to float contractors so they can keep running. Add in the stress of being screamed at from all angles everyday from the moment the world starts up until well after 10:00. If our hero makes it 3 years in he has been through Safeguard, MCS, AFAS, 5 Brothers and about 100 contractors who didn't have the skills required to change a light bulb. Our guy has been their marriage counselor, their banker, their accountant, tax man, friend, and in the end they Mother Eff him to everyone they meet, and on every site they can because they feel they were mistreated. Eventually our Regional guy learns he was better off back in the day when he was pulling a mower around town letting the other guy fight all day.
You have the large regional such as Loudan, True Assets, Extraordinary Properties, Guardian Asset Management, ZVN, Asons, we can list them all day, These guys are more dangerous than a clown selling snow cones out of a panel van, in a park filled with children, advertising free puppies inside van! No matter how it starts with these companies it always ends the same.
Then you have the most successful contractor in the business. The jaded Ah*le you see on here telling everyone the hard truths they don't want to hear. This guy has seen enough regionals come and go to know that XYZ, is no better than ABC was. He has danced with nearly every national out there only to realize he never wanted to answer to someone else when he went into business for himself. He knows enough about how the whole ponzi scheme works to see the opportunity with investors, bank work, and private customers. This guy knows what he needs from whatever jobs he is taking and he gets his price MOST of the time. He got here by getting screwed repeatedly and learning the hard way. If he had it to do over again he would have just built a construction or handyman business from the ground up and he would be nearly retired. Instead he spent multiple years trying this and that in Preservation only to realize he wasted those years when he could have been building his brand.
The positive from all of that is experience. That's about all you get.