Safeguard - REO Property Preservation Forum
 1Likes
  • 1 Post By mcpepper
 
LinkBack Thread Tools Display Modes
post #1 of 8 (permalink) Old 08-19-2018, 01:17 PM Thread Starter
Junior Member
 
Join Date: Jul 2018
Posts: 5
Thanks: 0
Thanked 0 Times in 0 Posts
Safeguard

Anybody work for this company if so how is it?
Sponsored Links
Advertisement
 
post #2 of 8 (permalink) Old 08-19-2018, 03:54 PM Thread Starter
Junior Member
 
Join Date: Jul 2018
Posts: 5
Thanks: 0
Thanked 0 Times in 0 Posts
Is this a good company to work for?
post #3 of 8 (permalink) Old 08-19-2018, 05:07 PM
Super Moderator
 
PropPresPro's Avatar
 
Join Date: Apr 2012
Location: Big Sky Country
Posts: 1,205
Thanks: 423
Thanked 929 Times in 465 Posts
I have never worked for them, however, this is by far the most talked about preservation service company on the internet - I would think a simple search on this site or anywhere else for that matter will get you all the first hand information you need to make an informed decision.

Iíve already told you more than I know.
PropPresPro is offline  
Sponsored Links
Advertisement
 
post #4 of 8 (permalink) Old 08-20-2018, 10:09 AM
Junior Member
 
Join Date: Aug 2018
Posts: 4
Thanks: 0
Thanked 0 Times in 0 Posts
I did work for Safeguard, always fight for payments , always reopened work orders even if all photos are there, always something that needs to be done as a follow up for free, try it yourself, they always need vendors to do work that they will not pay for.
mtl46 is offline  
post #5 of 8 (permalink) Old 08-23-2018, 09:55 AM
Junior Member
 
Join Date: Jul 2017
Posts: 1
Thanks: 0
Thanked 0 Times in 0 Posts
Run away .. dont look back....
hoptontj is offline  
post #6 of 8 (permalink) Old 08-23-2018, 03:03 PM
Junior Member
 
Join Date: Nov 2017
Posts: 27
Thanks: 0
Thanked 7 Times in 6 Posts
In my 16 years I have tried twice. I made it only 2 months the 1st time and I would say some of that was my fault. The 2nd time I had 10 years of experience and tried very hard to look past their demands and ignorance and I lasted 2.5 months. You will never profit from working for them, that I will guarantee. Ran and run far away. I have no idea how they have and contractors left.
cpropertysolutions is offline  
The Following User Says Thank You to cpropertysolutions For This Useful Post:
mcpepper (08-24-2018)
post #7 of 8 (permalink) Old 08-24-2018, 09:31 AM
Junior Member
 
Join Date: Oct 2015
Posts: 13
Thanks: 1
Thanked 1 Time in 1 Post
Quote:
Originally Posted by cpropertysolutions View Post
In my 16 years I have tried twice. I made it only 2 months the 1st time and I would say some of that was my fault. The 2nd time I had 10 years of experience and tried very hard to look past their demands and ignorance and I lasted 2.5 months. You will never profit from working for them, that I will guarantee. Ran and run far away. I have no idea how they have and contractors left.
I had to reply because you just told my story. I applied when I was desperate in 2010 after my partner in P&P screwed me and I had to bankrupt our LLC. I got on with them doing stuff on the rehab side. It had a fancy name but I can't remember. Basically no trip fees, bid to totally rehab a property using their "National Price List"...yeah...Like I said, I was desperate. I did 71 bids over the course of a year and got 18 approvals back for $36k GROSS. Been so long ago I can't exactly recall the life changing profits this netted me. Anyone with even a little experience knows the time involved in bidding 70 rehabs. I should have pocketed double or triple what I GROSSED. Oddly enough, never got shorted payment for any of these, but I quit as I grew my preservation business. More money in the small P&P orders vs. rehabs.

Fast forward to 2016 - I get called from a recruiter looking for preservation help. I had a good client base and subs that could handle more volume, so I figured, what the heck, I'll try them again. Got an order that day for bids. Completed no problem. Little later I get "another contractor's bid approval" for a debris job. HUD regs less 20% (back then), 34 cyd. Knocked it out in a half day, property looked great. Later I get the "photos don't justify qty of debris" BS. Argue that, since we took out 2 6.5x16 trailers with 4' tall side walls piled high with straps over mattresses to hold everything down, and they cut me to 30. Keep in mind we had to measure the trailer, show it empty, 1/4 full, 1/2 full, etc. I said screw it. Fool me once, shame on you. Fool me twice, shame on me. I made money on the job and it was obviously my last order for them. Not a week later I get a no charge for a bag of trash in the driveway, lol. There was no bag of trash, easily provable with photos, but guess what, they didn't accept it. I told them "politely" to go stick something somewhere. Month or so later, get my check, $75 backcharge for 1 cyd debris plus a "rush reassign fee" of $25...Now keep in mind they only pay me (and the other guys) $40/cyd...Makes me irritated just typing this reply and that I let it all slide back then. In my defense, we were rolling in work back then, something like $500k give or take for the year.

I know all this info is out there, but why not add one more chapter to the Safeguard horror stories. I would live in my truck under a bridge before I would work for them again, and that's being gentle since this is a public forum. Please do your research people and don't get screwed. At this point, no one will feel sorry for you.
Maryjanebehave likes this.
mcpepper is offline  
post #8 of 8 (permalink) Old 08-25-2018, 07:02 AM
Junior Member
 
Join Date: Jun 2016
Posts: 11
Thanks: 1
Thanked 1 Time in 1 Post
Do not go down that path. I would say run away fast. They are worse than five bro and that's hard to do.
wildwest1 is offline  
Reply

Quick Reply
Message:
Options

Register Now



In order to be able to post messages on the REO Property Preservation Forum forums, you must first register.
Please enter your desired user name, your email address and other required details in the form below.

User Name:
Password
Please enter a password for your user account. Note that passwords are case-sensitive.

Password:


Confirm Password:
Email Address
Please enter a valid email address for yourself.

Email Address:
OR

Log-in










Thread Tools
Show Printable Version Show Printable Version
Email this Page Email this Page
Display Modes
Linear Mode Linear Mode



Posting Rules  
You may post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On

 
For the best viewing experience please update your browser to Google Chrome