Stop the asset companies - REO Property Preservation Forum
Reply
 
LinkBack Thread Tools Display Modes
post #1 of 17 (permalink) Old 03-23-2012, 10:37 AM
ZEFF HEFFLIN
Guest
 
Posts: n/a
Thumbs up Stop the asset companies

If you in property preservation as we are this is what is happening when we bid jobs we are told at what price we can do the work for if we dont do the work at there price we are marked as dont send this company any more work,,, but if we work for nothing drive 100 miles to make 60.00 show a loss,, we can continue to work for these companies... Are you running in to this out there basicly told if you dont do the work for this price you wont get any more work,,, seems,, dishonest why do the asset companies even bother with bids,, why do they have you bid just to tell you ,, you have to agree to there set price,,, i beleive its the law,,, that you have the right to bid,, hud allways wants second bids,, let get the asset companies out of the way,,, all in favor say i want to make a far living and not sell all mt assets to work for companies that donot comply with the laws,,,:
Sponsored Links
Advertisement
 
post #2 of 17 (permalink) Old 03-23-2012, 11:20 AM
dakzaag
Guest
 
Posts: n/a
Zeff,

With the impressive image that you are displaying online and the high quality of this post, i can't imagine why your experiencing difficulty in the PP industry.:whistling

I feel your pain!


Or you can get on with life and find something that pays better and is worth your time. This is America, feel free to move along at your own pace.
post #3 of 17 (permalink) Old 03-23-2012, 11:23 AM
Gary H
Guest
 
Posts: n/a
The pic would be better if both fingers were up the nostils, instead of just the trigger finger.
Sponsored Links
Advertisement
 
post #4 of 17 (permalink) Old 03-23-2012, 12:25 PM
beenthere
Guest
 
Posts: n/a
No law that non government jobs have to go out for bid.
Find a way to reduce cost. Or find other companies to bid work for.
post #5 of 17 (permalink) Old 03-23-2012, 12:30 PM
DavidC
Guest
 
Posts: n/a
They do it because they can and it works. It works because even if everybody in the PP business stood up and said no they can easily find someone that needs beer, rent, groceries etc. and is willing to work cheaper.

We used to do some work for the VA before they switched to regional contractors. It wasn't exactly lucrative then, but sounds like way better than what's being posted in here. What it was for me was filler work and cash flow. Only thing I knew about getting paid was it would come. When was another quandary.

But all the complaints remind me of people lining up for a flogging. Problem is nobody is being shackled to the whipping post, just standing there. You can walk away at any time.

Good Luck
Dave
post #6 of 17 (permalink) Old 03-23-2012, 02:27 PM
Property Preservation
 
Join Date: Apr 2012
Posts: 883
Thanks: 34
Thanked 28 Times in 16 Posts
Quote:
Originally Posted by DavidC
They do it because they can and it works. It works because even if everybody in the PP business stood up and said no they can easily find someone that needs beer, rent, groceries etc. and is willing to work cheaper.

We used to do some work for the VA before they switched to regional contractors. It wasn't exactly lucrative then, but sounds like way better than what's being posted in here. What it was for me was filler work and cash flow. Only thing I knew about getting paid was it would come. When was another quandary.

But all the complaints remind me of people lining up for a flogging. Problem is nobody is being shackled to the whipping post, just standing there. You can walk away at any time.

Good Luck
Dave
Unfortunately, Zeff, Dave and Dakzaak are both right. There are too many people out there who WILL do what you don't want to.

It's YOUR business. Take it elsewhere, if the relationship isn't working. Complaining about the situation won't solve it.

I do. And I don't have to give it much thought either.

Linda



APlusPPGroup is offline  
post #7 of 17 (permalink) Old 03-23-2012, 04:35 PM
Contractor
 
JFMURFY's Avatar
 
Join Date: Sep 2012
Location: CT
Posts: 486
Thanks: 81
Thanked 151 Times in 79 Posts
Quote:
Originally Posted by a1propertyclean
Unfortunately, Zeff, Dave and Dakzaak are both right. There are too many people out there who WILL do what you don't want to.

It's YOUR business. Take it elsewhere, if the relationship isn't working. Complaining about the situation won't solve it.

I do. And I don't have to give it much thought either.

Linda
Hi Linda,
And that's the way you have to think about in this industry... just be smarter thant they are... find the niche' in the P&P industry that makes a buck. Identify things that need to be done that others miss. Price it up to meet your mark-ups, and if they come back at ya...break it down for them in such a complicated manner that they can't fathom it...
For example... I just started looking into chimney's... many older house's have deteriorated chimney liners or they need cleaned out...fire or O2 hazards... Got a bid approved to take care of it.. $4500.. nothing to shake a stick at...an got no arguments about it.
JFMURFY is offline  
post #8 of 17 (permalink) Old 03-24-2012, 07:02 AM
Super Moderator
 
GTX63's Avatar
 
Join Date: Apr 2012
Location: Your House Soon...Soon
Posts: 3,186
Thanks: 676
Thanked 2,249 Times in 1,094 Posts
Quote:
Originally Posted by a1propertyclean
Unfortunately, Zeff, Dave and Dakzaak are both right. There are too many people out there who WILL do what you don't want to.

It's YOUR business. Take it elsewhere, if the relationship isn't working. Complaining about the situation won't solve it.

I do. And I don't have to give it much thought either.

Linda
Great post. Pretending you might make money simply by the physical act of working is common in folks new to this biz.
GTX63 is offline  
post #9 of 17 (permalink) Old 03-24-2012, 05:19 PM
Senior Member
 
Splinterpicker's Avatar
 
Join Date: Apr 2012
Location: west coast USA
Posts: 616
Thanks: 53
Thanked 213 Times in 135 Posts
I have had a REAL HARD time wrapping my head around this whole standarized pricing list that is out there. I don't understand why they expect in a state where you have to use licensed plumbers they can low ball us . They told me "The price is the same for a pro plumber and a handyman." I ran into the same "We will call someone who can do it for our price" attitude VERBATUM for what I was told !! I was tempted to call a labor and industries office to see what they would say.

The sad fact is that the industry is going to be going into the dumpster for the next 2 to 3 years then in 2015 the REO is going to be comming back into play. This is according to a realtor that just got back from a meeting in California. The REOs are going to become rentals then sold off slowly.

http://www.mortgagenewsdaily.com/cha...eclosures.aspx

http://www.inman.com/news/2012/02/23...-reo-inventory

And what is the definition of a bid if they have a "standard pricing list". At this point if you are doing it at their price and get more than 50% of your work are you not an employee and not a contractor ??

Cheers all
Splinterpicker is offline  
post #10 of 17 (permalink) Old 03-24-2012, 09:06 PM
Super Moderator
 
BPWY's Avatar
 
Join Date: Apr 2012
Location: MT
Posts: 4,096
Thanks: 1,470
Thanked 774 Times in 468 Posts
Quote:
Originally Posted by splinterpicker
I was tempted to call a labor and industries office to see what they would say.



Knock yourself out. There is a better than 50/50 chance they do not care.
No money in it for them.
BPWY is offline  
Reply

Quick Reply
Message:
Options

Register Now



In order to be able to post messages on the REO Property Preservation Forum forums, you must first register.
Please enter your desired user name, your email address and other required details in the form below.

User Name:
Password
Please enter a password for your user account. Note that passwords are case-sensitive.

Password:


Confirm Password:
Email Address
Please enter a valid email address for yourself.

Email Address:
OR

Log-in










Thread Tools
Show Printable Version Show Printable Version
Email this Page Email this Page
Display Modes
Linear Mode Linear Mode



Posting Rules  
You may post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On

 
For the best viewing experience please update your browser to Google Chrome