So who is left? - REO Property Preservation Forum
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post #1 of 21 (permalink) Old 08-20-2018, 11:45 AM Thread Starter
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So who is left?

Since I joined this board (the old board) years ago I've seen nothing but a steady decline. All the local vendors I know are doing other things.



Leaving the question. Who is left? Who is out there scraping the bottom of this barrel?
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post #2 of 21 (permalink) Old 08-21-2018, 04:49 AM
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Quote:
Originally Posted by Craigslist Hack View Post
Since I joined this board (the old board) years ago I've seen nothing but a steady decline. All the local vendors I know are doing other things.



Leaving the question. Who is left? Who is out there scraping the bottom of this barrel?
Havent been on this board long, yr or so but unfortunately im still scrapping. How bout yourself.

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post #3 of 21 (permalink) Old 08-21-2018, 09:04 AM
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Oddly, I'm still doing this full time. I'm definitely not making what I was in years past, but still making enough to keep my focus here.

Notoriously hard to cover territory equals a lot of windshield time (61,000 miles on my 2017 truck in the first year), but I get to name my prices and travel fees.

Iíve already told you more than I know.
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post #4 of 21 (permalink) Old 08-23-2018, 03:07 PM
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This business has become difficult for everyone IMO. I have been working hard this year on finding other areas of work and as soon as I get enough I am going to love telling some of these fools to kiss my ass. I am hoping to start 2019 by making my pricing guideline and if they don't want to pay it just simply don't expect me to process your work.

Good luck to anyone that wants to do this.
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post #5 of 21 (permalink) Old 08-23-2018, 04:36 PM Thread Starter
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Quote:
Originally Posted by PropPresPro View Post
Oddly, I'm still doing this full time. I'm definitely not making what I was in years past, but still making enough to keep my focus here.

Notoriously hard to cover territory equals a lot of windshield time (61,000 miles on my 2017 truck in the first year), but I get to name my prices and travel fees.

I think you have a niche and if I had that I would probably stick with it. I actually liked quick in and out preservation jobs back when the pay was better. These flips we do take forever sometimes. I liked windshield time for the most part.
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post #6 of 21 (permalink) Old 08-24-2018, 09:54 AM
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I'm still dabbling in it. Doing a bit of work work for a couple realtors, foreclosures and private sale. I have one regional that has all their income on the east coast but their client has a few foreclosures here. When they call I know it's money, I can name my price and they will take the loss to keep the client happy.

Otherwise...after 8 years of the circus, I've hung it up and accepted a job offer to be a maintenance supervisor for a large apartment community across the street from the local college. I start on Monday....Should be good fun.
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post #7 of 21 (permalink) Old 08-24-2018, 02:24 PM
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There is still plenty of work in this industry, of course it's not like it used to be but work is there
but pay from nationals is just ridiculous, and their level of greed is just beyond me.
They just keep lowering pay on all services while all expenses going up - gas, dump fees, materials, labour....
Pay in every other business is going up, it's impossible to find help for this job, who wants to go clean a dirty, moldy house in a ghetto that is full of needles when you can flip burgers at McDonalds and get same $...
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post #8 of 21 (permalink) Old 08-24-2018, 06:16 PM
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Quote:
Originally Posted by Craigslist Hack View Post
Since I joined this board (the old board) years ago I've seen nothing but a steady decline. All the local vendors I know are doing other things.



Leaving the question. Who is left? Who is out there scraping the bottom of this barrel?

Still standing and making a living doing it. I have several crews and subs and everybody is eating.
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post #9 of 21 (permalink) Old 08-24-2018, 06:34 PM
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Private sector only
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post #10 of 21 (permalink) Old 09-07-2018, 07:32 PM
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Originally Posted by PropPresPro View Post
Oddly, I'm still doing this full time. I'm definitely not making what I was in years past, but still making enough to keep my focus here.

Notoriously hard to cover territory equals a lot of windshield time (61,000 miles on my 2017 truck in the first year), but I get to name my prices and travel fees.
I've been doing preservation full time for the last year but if it weren't for covering difficult outlier areas at my price/terms I'd be in a different line of work. I just wish truck didn't depreciate like it does logging 50k miles this past year!
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