New to Property Preservation and loosing money.
A friend of mine talked me into starting into this business with him about 6 months ago, we were fed all kinds of stories about how much money we were going to make not just from the head of the company but from all the other contractors working for him and I don't see how its possible. We get work from SG (25%) and LPS(%15) and then the parent company above us takes another %50 after sg and lps get their cut. At the end of the day nothing seems so pay anything worth the work accept maybe tarping roofs. How much percentage is everyone else giving up. I am about 1000 in the hole after all my pay comes back from sg and lps still, they owe me about 5k right now, I am seriously considering walking away from this before I get any deeper, Is there any companies working S.E. Michigan, like detroit area I should look into or is this industry a bust?