My first eviction - REO Property Preservation Forum
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post #1 of 21 (permalink) Old 11-02-2018, 09:26 PM Thread Starter
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My first eviction

I did my first eviction ever. It went really well, or as well as it could for someone losing their home. The home was already vacant, the doors were unlocked, and the realtor and police officer decided to leave the property inside the house. I didn't realize when I change the locks they wanted pictures of the locks before, removed, and reinstalled, and the same with fridges and toilets. They've approved payment on everything since my back and forth with them about everything. They also had me put a bid in for junk removal of everything inside and out.

I bid 12 loads of 12.5 yards for $8200 with $50 for dead animal removal, $50 for clean swept floors, and $60 per trip since it's almost an hour each way. Is that a fair price or over/under? I'm learning to deal with these PP companies as I'm not generally doing things like this.
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post #2 of 21 (permalink) Old 11-03-2018, 08:46 AM
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$54/CY seems like a good price, HUD allowable is $50/CY so they may come back and ask you to drop your price to that. It mostly depends on how far the closest disposal facility is and what they charge. Same thing on the dead animal, some of the landfills I use are charging $75+ for animals the size of a dog+.

Make sure you get all of your pricing approvals from the service company in writing - and make sure they know (in writing) that all your estimated pricing is net to you after all discounts have been applied. Finally, educate yourself on their photo requirements. This is where most of these service companies will find a reason to reduce your invoice or not pay you all together. Once you fully understand their requirements, err on the safe side and double or triple the amount of pics they require. I also make sure that my clients understand that I won't be using their website to submit results - I will be emailing them in zipfiles and sending my own invoice. Most of the service companies' websites are antiquated and slow - a huge waste of time.

Good luck & let us know how it goes.

Iíve already told you more than I know.
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post #3 of 21 (permalink) Old 11-04-2018, 11:52 AM Thread Starter
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As of right now they approved my bid, which is great! I charged the $60 per trip fee because it is almost an hour each way to the landfill and back. The landfill here won't charge me for the dead animal disposal. I have found that they want a ton of pictures, so I'll be sure that I'm taking them while loading the trailer, after it's loaded, when it's empty, and each and every load. I do use Aspen iProperty, and some of my pictures couldn't be uploaded due to size, I offered to send them in a zip file in an email if they wanted the ones that wouldn't upload due to size, but they ended up approving everything after I stated that. All in all, it's going pretty well with this one, and I look forward to being able to do the total junk removal. I am going to hire a few people to get everything outside where I can just take myself and one person to actually load everything up after that point, it'll reduce my cost and time down the road so seems like a good idea. I'm also going to leave a guy that has been helping me for a couple of years in charge during the first few loads so I can run to the landfill while things are being moved.
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post #4 of 21 (permalink) Old 11-05-2018, 12:20 AM
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Where do you go to get directly with hud? The company I sub through only gives me 20 dollars a cyd.
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I did my first eviction ever. It went really well, or as well as it could for someone losing their home. The home was already vacant, the doors were unlocked, and the realtor and police officer decided to leave the property inside the house. I didn't realize when I change the locks they wanted pictures of the locks before, removed, and reinstalled, and the same with fridges and toilets. They've approved payment on everything since my back and forth with them about everything. They also had me put a bid in for junk removal of everything inside and out.

I bid 12 loads of 12.5 yards for $8200 with $50 for dead animal removal, $50 for clean swept floors, and $60 per trip since it's almost an hour each way. Is that a fair price or over/under? I'm learning to deal with these PP companies as I'm not generally doing things like this.
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post #5 of 21 (permalink) Old 11-05-2018, 08:27 AM
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Where do you go to get directly with hud? The company I sub through only gives me 20 dollars a cyd.
In my experience, you can't work direct for HUD unless you have the ability to cover a region for them - I can't and don't want to do that, especially for HUD.

On the other hand, getting paid HUD prices is easier. I simply demand them. That's what I charge, take it or leave it. I realize that getting my pricing may not be that successful for everyone - I cover a notoriously hard to cover territory. Almost every client I've ever dealt with understands that fact and is willing to play ball right from the first phone conversation. Even if you don't have the same situation where you are, don't underestimate the power of negotiation when it comes to pricing.

Regardless of insurer, HUD pricing is always a good benchmark to use - Either start higher and negotiate down, or maybe have a maximum discount in mind and shoot for that. If you're getting $20/CY, it's because the company you're working with negotiated your pricing and you agreed to it. As a business owner, take charge of your own company, decide what you need to get paid, and go find clients that will pay your rates, they're out there.

Iíve already told you more than I know.
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post #6 of 21 (permalink) Old 11-05-2018, 10:37 AM
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Bad thing is we do cover a large area. Basically the whole state of Illinois down from just below Springfield Illinois down. Then we also cover st Louis Missouri.
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post #7 of 21 (permalink) Old 11-05-2018, 10:42 AM Thread Starter
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In my experience, you can't work direct for HUD unless you have the ability to cover a region for them - I can't and don't want to do that, especially for HUD.

On the other hand, getting paid HUD prices is easier. I simply demand them. That's what I charge, take it or leave it. I realize that getting my pricing may not be that successful for everyone - I cover a notoriously hard to cover territory. Almost every client I've ever dealt with understands that fact and is willing to play ball right from the first phone conversation. Even if you don't have the same situation where you are, don't underestimate the power of negotiation when it comes to pricing.

Regardless of insurer, HUD pricing is always a good benchmark to use - Either start higher and negotiate down, or maybe have a maximum discount in mind and shoot for that. If you're getting $20/CY, it's because the company you're working with negotiated your pricing and you agreed to it. As a business owner, take charge of your own company, decide what you need to get paid, and go find clients that will pay your rates, they're out there.
While I'm new to this, I second the pricing and taking charge. If they choose to not to accept my bid because of my rates, that's on them. For private customers (residential and business) I charge minimum $32CY when you base it on my cost per load. If you start at my initial pricing, it's closer to $48CY if you're within a 20 mile radius, and between 20-30 mile radius it's bout $64CY. The harder the job, stairs, and distance affects these prices too.

Don't let anyone but you decide what you're worth when it comes to pricing. I agreed to remove a washer and dryer this past Saturday for free, because it was working units. I could have sold the set for $150 instead of charging $120 to pick it up. When I got there, the seal on the dryer door was hanging down, and the back of the washer was literally taped on. I told the guy I couldn't take it because normally I charge $120 for what I was doing for free. I left there without anything, even scrap. I know my worth, and while it took time out of my day to go to the job, I'm worth more than the crap they were giving me. In the guy's defense, he's not the one who set the whole deal up, and I felt bad because you could see I upset him and caused him to stutter. I just feel like the person who initially set it up figured if I got there and it didn't work, I'd take it anyway. It's the first job I've walked off from after showing up to, and I've been doing in home junk removal for probably about 5 years and have been burnt more than once by a customer lying. I'm just not doing that anymore. I quit my job to work for myself full time, and I know my worth. Know your worth too, and either they use you or don't. You'll find plenty of other jobs to do with or without them, at the prices you're asking.
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post #8 of 21 (permalink) Old 11-05-2018, 12:18 PM
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What area do you cover state wise?
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post #9 of 21 (permalink) Old 11-05-2018, 12:53 PM Thread Starter
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What area do you cover state wise?
I only cover middle Tennessee. Our cost of living is lower than many places in the US, so I would assume that your rates should be close to mine. Generally for private residence I charge $400 for a 12.5 yard dump trailer load, assuming it's within a 20 mile radius, ground level items, and no TVs or tires.
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post #10 of 21 (permalink) Old 11-07-2018, 03:14 PM
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Bad thing is we do cover a large area. Basically the whole state of Illinois down from just below Springfield Illinois down. Then we also cover st Louis Missouri.
That is a large area. The entire state of Illinois is 57,915 square miles. Do you cover the areas you stated with or without additional travel fees?

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