ITS just about all over - REO Property Preservation Forum
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post #1 of 14 (permalink) Old 02-22-2018, 05:18 PM Thread Starter
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ITS just about all over

Looks like after 13 years its all coming to an end for me, not because of the amount of work. my area is still floaded, cant deal with the nonsense chargebacks and unqualified people sitting behind the desks, my biggest obstacle is I'm in the middle of 3 big jobs and have received advances on these, whats the best exit strategy?
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post #2 of 14 (permalink) Old 03-01-2018, 12:52 PM
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Complete the three jobss and resign
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post #3 of 14 (permalink) Old 03-01-2018, 02:35 PM
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Complete the three jobss and resign
NO! The last thing you should do is give them any indication you're done.....that is if you want to get paid in full for any work not yet paid.
Can't tell ya what to do about the 3 jobs, but never let them know you quit till you've been paid up. Tell them you'll be unavailable for a few weeks as your company goes through a much needed reassessment, restructure, and reboot. Sounds like that's not too far from the truth.
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post #4 of 14 (permalink) Old 03-01-2018, 04:13 PM
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do you or anyone happen to know what happened to National Real Estate Solution NRES?
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post #5 of 14 (permalink) Old 03-02-2018, 08:59 AM
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It's been done for a while. We still get contacted probably twice a month by some outfit. It's crazy what has happened to pricing. I can only imagine how bad the QC and pic requirements have gotten.
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post #6 of 14 (permalink) Old 03-02-2018, 01:25 PM
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do you or anyone happen to know what happened to National Real Estate Solution NRES?
Yeah! What did happen to NRES? I do occasional little jobs for them, but today I logged into Fieldtracker, and nope. Nada.

Its cool. I got paid.
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post #7 of 14 (permalink) Old 03-02-2018, 01:31 PM
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Craigslist Hack, you are our super hero. You?? QUIT?? You must be feeling really crappy about this industry to chuck it in the f*** it bucket, friend. I am sorry you are going thru it... it is not an easy decision, and so disheartening, but I empathize. I only have 6 yrs in, and I have to ask myself why every other day...At any rate, I would def not let them know you are even entertaining the notion of quitting until you have been paid. Safeguard Dropout has the right idea, I believe. It will be a loss to this community tho. Sincerely.
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post #8 of 14 (permalink) Old 03-02-2018, 06:47 PM
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Not sure you understand my post. All the companies that screwed me out of money did so years ago when I was trying to please the customer. Somewhere in the course of that degree from the school of hard knocks I figured out that we have to come first. Once I made that shift in mindset things started coming together.

There hasn't been any money in Preservation in quite some time. What little money there is can be made at 3 times the rate with half the effort in the private sector. I don't have to phase out a national or any other client they will pay me no matter what. Fortunately my brother is an attorney and I document very well.

We bought a spray foam setup when all the guys in that industry told us we could maybe get $1.50 to $2.00 a square foot we came out of the gate at $7.00. We have since scaled back to $6.00 and we are booked until August. We still do flips and REO work for certain clients and realtors but the real money is with the private customers.
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post #9 of 14 (permalink) Old 03-06-2018, 05:29 PM
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Tell them you are having a medical procedure and to put you on hold for 30 days. Then when you are all paid up, fire them.
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post #10 of 14 (permalink) Old 04-12-2018, 03:11 PM
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We bought a spray foam setup when all the guys in that industry told us we could maybe get $1.50 to $2.00 a square foot we came out of the gate at $7.00. We have since scaled back to $6.00 and we are booked until August. We still do flips and REO work for certain clients and realtors but the real money is with the private customers.
Can you clarify a bit? You bought a spray foam set-up for what industry?
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