Asset Management Specialist/MCS 569 - REO Property Preservation Forum
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post #1 of 8 (permalink) Old 03-17-2014, 12:04 PM Thread Starter
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Asset Management Specialist/MCS 569

Has anyone worked for or currently work for them?

My husband got a few work orders with MCS 569 as the client and it appears they are part of Asset Management Specialist. He sent them back for re-assignment. They wanted him to do a reoccuring sales clean for $35. He said NO.
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post #2 of 8 (permalink) Old 03-17-2014, 12:23 PM
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If you get the landscaping too, at a good decent price

there can be some money made with AMS. I have 50 routines with them and I do pretty well with them,(don't need any employees for routines) and they pay on time, every time. One thing I can say about AMS is there is no malicious intent on their part to not pay you, and no systematic built in program to charge back, as you hear here all the time about some of the other companies. Once you get a property to standards, $35 isn't too bad. Your model may not be structured for a profit at that price as a stand alone cleaning, but if you get the grass cut a couple times a month, and get enough of them, with a few of the other more profitable repairs and stuff like smoke detectors, sump pumps, de-humidifiers, etc, it can be nice steady cash flow. I would run some numbers and see what kind of volume they have in your area, on for the loan type you would be servicing, and give it some consideration. You will have some problems with them, but you will learn how to avoid them with some experience.
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post #3 of 8 (permalink) Old 03-17-2014, 07:29 PM
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Thanked 6 Times in 6 Posts AMS they screwed me out of the $5000!!!
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post #4 of 8 (permalink) Old 03-17-2014, 08:21 PM
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post #5 of 8 (permalink) Old 03-17-2014, 09:52 PM
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I was their top contractor in my area and was owed thousands. Randomly stopped getting work for a couple weeks and they kept telling me it was slow. Called a manager one day and asked him what was going on and his reply was, " are you calling to find out why you were let go"? And we want back and forth, needless to say nothing good ever came out of them. **** em. AMS is run by a bunch of kids fresh out of college. Oldest person there is probably 30.
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post #6 of 8 (permalink) Old 03-17-2014, 10:13 PM
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I think it depends on if your in a saturated area or not. We are remote here and contractors are hard to find. I did over 300K with them between late 2009 and mid 2012 with hardly an issue. Even landed the $5,000 bonus once for top vendor in the country. ALWAY qualified for early pay 15 days from the end of the month. Then Screwguard took over FNMA to the dismay of every broker out here. Now it's a clusterduck.............
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post #7 of 8 (permalink) Old 03-17-2014, 10:36 PM
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I heard nothing but unpaid disputes from ams a guy i know is owed 12k from a roof job
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post #8 of 8 (permalink) Old 03-18-2014, 08:16 AM Thread Starter
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Thanks everyone.
Yea we read nothing but bad things about them. He has plenty of other work so it really doesn't hurt us to say no.
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