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post #1 of 10 (permalink) Old 04-02-2013, 11:45 AM Thread Starter
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Equipment Purchase suggestions

So I just finished all the legal part of opening my pp company and am having a hard time deciding to go new or used and what brands to choose. I live in Florida. After figuring in a budget of 6 months of payments to keep the business running with no profit(worst case scenario) I have a budget of 3,500 to purchase all the Equipment I will need. I am going to start off small with jobs threw reo brokers, apartment complex's, residential move in move out services. I would like to avoid nation associations for the moment due to a 60-90 day wait on payment I want to grow the business account to have enough to hold these fees and not worry about it.

I own all the basic tools needed (drills, hand tools, circular saw, ect

-vacuum $300-$500 looking for 1 that uses bags and has a hepa filter.

-Pressure Washer $300 (3000 psi Generac)priced at store

-Generator $300-$800 I was thinking 3000-5000 watt not sure what size would really be needed to run vacuums, saws, lights, or what ever else I will need for job.

Digital camera. I purchased a note 2 for a business cell phone. should I just use this for photos that way I can email them to clients right from on site.

-stock of locks and deadbolts for doors. How many should i have on hand to start I am thinking about 20 of each. at 6.59 per basic lock that's $131.80

-re-key kit 150- is this a good investment or should i just purchase replacement lock cylinders at $1.28 a piece and not waste my time on repining locks. Considering I plan to just drill out the cylinders to gain access. reason I am thinking of getting this is due to most apartment complexes require master keys.

-ryobi attachments for my weed eater pruner,edger, trimmer $280. Priced out at a store.

out of this fund Also will need to purchase cleaning supply's and chemicals. along with office equipment like a paper shredder, file cabinet, quick books pro. I am figuring this cost at $500-$900 depending on how much bulk I purchase.

-Trailer- I Currently found a 5 x 11 open utility trailer would this be a decent size for this line of work. I would build sides on it to increase linear yard holding capacity. This is the one item I cant decide on should I purchase it now or should I just rent one as needed threw a rental company. I know it will eat away at the profit margin having to rent every time I need a trailer or a roll off dumpster.

Thanks ahead of time for any suggestions and if you have any advice for a new company would be appreciated.

Also how hard would it be to get work from a small bank I know most of them just give there work to a nation association so they don't have to deal with it but is it possible for me to snatch up some of these jobs if I meet with the bank manager and discussed cutting out the middle man or is this regulated by the government so they have to go threw these companys.
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post #2 of 10 (permalink) Old 04-02-2013, 03:06 PM
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Originally Posted by perfectiondoneright View Post
so i just finished all the legal part of opening my pp company and am having a hard time deciding to go new or used and what brands to choose. I live in florida. After figuring in a budget of 6 months of payments to keep the business running with no profit(worst case scenario) i have a budget of 3,500 to purchase all the equipment i will need. I am going to start off small with jobs threw reo brokers, apartment complex's, residential move in move out services. I would like to avoid nation associations for the moment due to a 60-90 day wait on payment i want to grow the business account to have enough to hold these fees and not worry about it.

I own all the basic tools needed (drills, hand tools, circular saw, ect

-vacuum $300-$500 looking for 1 that uses bags and has a hepa filter. i use one with a swamp cooler filter wrapped around t egh cage and it sucks the carpet of the floor i have posted a picture elsewhere on the forum. Sucks at dist tho best part is you can wash the filter and pet hair does not damage the filter.

-pressure washer $300 (3000 psi generac)priced at store

-generator $300-$800 i was thinking 3000-5000 watt not sure what size would really be needed to run vacuums, saws, lights, or what ever else i will need for job. 5000 watter

digital camera. I purchased a note 2 for a business cell phone. Should i just use this for photos that way i can email them to clients right from on site.

-stock of locks and deadbolts for doors. How many should i have on hand to start i am thinking about 20 of each. At 6.59 per basic lock that's $131.80

-re-key kit repinning kit is what i have with some "shims" from the local lock shop and a bump key is great for dead bolts. 150- is this a good investment or should i just purchase replacement lock cylinders at $1.28 a piece and not waste my time on repining locks. Considering i plan to just drill out the cylinders to gain access. Reason i am thinking of getting this is due to most apartment complexes require master keys.

-ryobi attachments for my weed eater pruner,edger, trimmer $280. Priced out at a store. no ryobi echo or stihl i have not had good luck with ryobi they are consumer (home owner) grade

out of this fund also will need to purchase cleaning supply's and chemicals. Along with office equipment like a paper shredder, file cabinet, quick books pro. I am figuring this cost at $500-$900 depending on how much bulk i purchase. back up hard drive

-trailer- i currently found a 5 x 11 open utility trailer would this be a decent size for this line of work. I would build sides on it to increase linear yard holding capacity. This is the one item i cant decide on should i purchase it now or should i just rent one as needed threw a rental company. I know it will eat away at the profit margin having to rent every time i need a trailer or a roll off dumpster. dump trailer i finally purchased one and am glad i did

thanks ahead of time for any suggestions and if you have any advice for a new company would be appreciated.

Also how hard would it be to get work from a small bank i know most of them just give there work to a nation association so they don't have to deal with it but is it possible for me to snatch up some of these jobs if i meet with the bank manager and discussed cutting out the middle man or is this regulated by the government so they have to go threw these companys.
what ever you do pay cash !! Dont get in debt
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post #3 of 10 (permalink) Old 04-02-2013, 03:32 PM
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i would say that you should shop aroun for a vacuum, we got a really good commercial one for $90 ag salvation army. Get a good wet/dry shop vac with attachments for under $200, ryobi will cost more in the end. get stihl, there baby weedwacker is like $400s and you can switch out the heads. Starting you dont have to have quickbooks, I still do everything on an excel spreadsheet because it works for me. I agree with splinter, the best thing I have ever done for my husband i mean even more than birthing his children haha! was getting him a dump trailer. But we used a regular trailer for 4 years that we got for $700 and welded angle iron to make walls for around $300. But eventually you will tire of stepping on nails and manual dumping is time consuming. I us us hardware for locks/padlocks etc. and they always call and thank you for your order good luck, i hear florida is actually very busy right now!
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post #4 of 10 (permalink) Old 04-02-2013, 05:11 PM
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for the most part I would work on getting the work first. There is a large learning curb on what each entity will want. Banks may have a few locally generated loans but most of these loans are sold before the ink dries and they collect their commission. You may have success offering services in a personally delivered package (worked for me last fall) on services like spring cleaning/lawn maint.
Brokers will have their own people and contacts so it will take some face time and maybe some donuts on Tuesdays for them to give you a shot. You will have to market yourself hard and it will take awhile to make any kinda money at all...Untill you get the work you won't need the tools...

BASICLY that is why most here work for the national/regional companies to get started. They too may be hard to get into if your area is allready covered. Working for these co's will give you the needed experiance and just getting thru the 45-60 days will burn up ALOT of capital... Your vacuum may be the one you get in your first trash-out ( believe me everyother trashout will have a vaccum) Cleaning supplies will be had thru each trash-out as well....I guess what I'm saying is don't buy alot of tools just yet, find the work first.
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post #5 of 10 (permalink) Old 04-02-2013, 05:34 PM
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no need to stock up on a ton of locks and things. I do buy by the case to get a better price but MSF will get you the locks usually next day. Agree on the Echo. I have the 225 with the attachments great unit..Sweeper I got from a trash out same as almost all of my cleaning supplies FREE. I didnt see you mention a lawnmower???.

I would love to have a dump trailer but it isnt in the cards right now but hopefully soon.
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post #6 of 10 (permalink) Old 04-02-2013, 08:08 PM
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When i first got into the business i called one of my old bosses who was carpenter sub contractor. The first thing he said was. Ease into it and don't jump in with 2 feet. Which is very smart. Remember you need to have money held back for materials labor and unexpected expenses and you are not gonna get paid weekly.

So I just finished all the legal part of opening my pp company and am having a hard time deciding to go new or used and what brands to choose. I live in Florida. After figuring in a budget of 6 months of payments to keep the business running with no profit(worst case scenario) I have a budget of 3,500 to purchase all the Equipment I will need. I am going to start off small with jobs threw reo brokers, apartment complex's, residential move in move out services. I would like to avoid nation associations for the moment due to a 60-90 day wait on payment I want to grow the business account to have enough to hold these fees and not worry about it.

I own all the basic tools needed (drills, hand tools, circular saw, ect

-vacuum $300-$500 looking for 1 that uses bags and has a hepa filter.

i got a bissel at walmart $40 with a $5 replacement plan. They last about a year then you get a new one for free.

-Pressure Washer $300 (3000 psi Generac)priced at store

Unless you are getting a lot of big jobs doing full houses, i would hold off until you absolutly need it, i got mine for free when i bought a small troybilt ztr years ago.

-Generator $300-$800 I was thinking 3000-5000 watt not sure what size would really be needed to run vacuums, saws, lights, or what ever else I will need for job.

remember weight and portability are also important your not running the whole house off this thing. just figure how much you'd be running (at the same time) to figure out the watts.

Digital camera. I purchased a note 2 for a business cell phone. should I just use this for photos that way I can email them to clients right from on site.

Most important thing- get a tough or durable camera, don't get anything with a telescoping lens. i like the olympus tough and my nikon AW100. Get an extended warrenty.

-stock of locks and deadbolts for doors. How many should i have on hand to start I am thinking about 20 of each. at 6.59 per basic lock that's $131.80

depending on how busy you are buy as you go, i got some keycode locks i haven't used in years. Don't fall for the free shipping crap either. just buy what you need, most of the stuff i order arrives in 2 days so you don't need much lead time

-re-key kit 150- is this a good investment or should i just purchase replacement lock cylinders at $1.28 a piece and not waste my time on repining locks. Considering I plan to just drill out the cylinders to gain access. reason I am thinking of getting this is due to most apartment complexes require master keys.

-ryobi attachments for my weed eater pruner,edger, trimmer $280. Priced out at a store.

no ryobi, Echo is very good and somewhat affordable stihl is nice but expensive and get an old Husky chainsaw

out of this fund Also will need to purchase cleaning supply's and chemicals. along with office equipment like a paper shredder, file cabinet, quick books pro. I am figuring this cost at $500-$900 depending on how much bulk I purchase.

Dollar General is best for cleaning supplies unless your buying largely bulk. you can find a file cabinet at a trashout (lol) get a good printer though that uses toner and not ink carts they are expensive. and excel works great if you get it set up correctly.

-Trailer- I Currently found a 5 x 11 open utility trailer would this be a decent size for this line of work. I would build sides on it to increase linear yard holding capacity. This is the one item I cant decide on should I purchase it now or should I just rent one as needed threw a rental company. I know it will eat away at the profit margin having to rent every time I need a trailer or a roll off dumpster.

you may grow out of that small trailer pretty quick, 16' tandem is a good started you can keep 2 mowers on it, haul about 20cyrds (broken down stacked and packed)

Thanks ahead of time for any suggestions and if you have any advice for a new company would be appreciated.

Also how hard would it be to get work from a small bank I know most of them just give there work to a nation association so they don't have to deal with it but is it possible for me to snatch up some of these jobs if I meet with the bank manager and discussed cutting out the middle man or is this regulated by the government so they have to go threw these companys.
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post #7 of 10 (permalink) Old 04-02-2013, 11:43 PM
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Before sinking in all this time, effort and money in this industry, you first need to acquire current work. Without the work all your money and time goes to waste.
I suggest get work first and buy as you go. You need to start with basics, a few locks, a drill, lawn equipment and trailer. Start small , don't go all out as you can spend 10k to get going and not get any work for months. I've built up my business and learned to buy things as I needed them. When I need a new Mow, I go buy one, brand new, hell no. Just bought a 36" Commercial Scag rider with 1000 hours on it an well maintained by a mower shop for $1500 bucks. Thing looks damn good. When I need locks, I buy a few. If a client requests a strange code I dont have in stock (but I have a key) I go up to lowes and have them re-key one for me. I know $8 bucks but better than spending $$ on keycodes I dont ever use and just collect dust. Just some thoughts. Oh and youll get lots of stuff out of these properties.
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post #8 of 10 (permalink) Old 04-03-2013, 10:38 AM Thread Starter
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thanks for all the suggestions ya I know it will take a while to get started I already figured into my money 6 months of no profit plus enough cash to run day to day stuff like dump fees, gas, and what ever else i may need to pay out. That's a good point on stuff found in home to reuse like cleaning supply's. I already own a propelled push mower that will work for now till I can purchase a nice scag I figure most homes here do not have huge yards and a trailer will serve me better than just owning a mower that i have to try fitting into the back of my truck. I don't mind getting the generator and pressure washer now because i have been meaning to get them for my house anyways this way i can use them as a tax write off and still use them at home . Ya the reason I was looking into buying the ryobi attachments is because I already own a ryobi for my personal use and this would lower my start up cost to start and i can upgrade to a better one once I start getting jobs. as far as a bump key goes for the re key are not those illegal to carry on you I know how to use lock picks but I figure its just much faster to drill out the springs in the door handle and just replace the cylinder. Yes I really do want a dump trailer But they are very expensive even uses and I only have a limited budget to spend on a trailer.
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post #9 of 10 (permalink) Old 04-03-2013, 12:38 PM
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Invest your money in gold & silver, you'll have a much better chance of making a profit than sinking it into this industry right now!

Iíve already told you more than I know.
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post #10 of 10 (permalink) Old 04-03-2013, 01:07 PM
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I love craigslist (never found any good work there thou) to find tools. I found an almost brand new 4000 watt generator for 175.00. 4000 watts is more than you will need for most jobs, I am looking for a 2000 watt as it will run a 15amp vac or most hand tools like cir. saws, sawzall ect. and is quite a bit lighter. Keep your eyes open for a trashpump at least 3", You should be able to find one for $400.00 or less.
get as much trailer as you can. I use two on any give trash out, one 6 yard (small) and one larger 16' tandem (car hauler) with wooden sides 16yard. I pull the little trailer up first as I can load it quickly with furnature/matresses/tires ect.. anything that isn't regular trash or has to be sorted at the dump. The larger trailer can be loaded while the first little trailer goes to the dump. The little one ends up with all the metal/recycleable at the end of the job. I'm sure everyone has thier own system of efficient exucution of work, you will too.
The pressure washer won't get much time on the job but will be needed to keep your equipement up. Ryobi may last one season.
I use a small pickup/ light trailer set-up for lawns. I have the p.u. empty with full wood sides and the trailer set-up with all the lawn tools (6x10) That way I have the truck to fill with clippings/bags/debris, the truck (Toyota/Ranger) will get about 20-24 mpg which helps ALOT on gas overhead. I have TWO JD 48" lawn tractors, one with a bagger, one with a mulcher and use the one that the season/situation requires. PLUS there will come a time when you breakdown at the worst time and will appreciate the backup tractor.
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