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post #1 of 37 (permalink) Old 10-07-2015, 03:14 PM Thread Starter
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Realtors and Investors

So I know several users argue to strictly work private through realtors/investors/brokers. I have a few Realtors that I do lock changes for, don't get me wrong, I can charge more on them than I'm getting through nationals, usually because they call me when the area locksmiths can't commit or I can save them the trip by taking photos. But, the issue I'm having is I can't get anything more than lock changes out of them. Most of them are tied up in contracts and end up with safescrew or a few other pp/reo companies and even though I have tried throwing extremely low bids to get my foot in the door with them they're saying there's nothing they can do because of their contact. How have you guys gotten around this?

Next question is I have gotten 1 investor wanting me to quote a rehab for them, strictly by having a house next to one we were servicing, any advice on how to proceed with them? I'm horrible at bidding so if anyone wouldn't mind even pm'ing some tips on how you guys go about pricing jobs when there's no set price I would appreciate it.
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post #2 of 37 (permalink) Old 10-09-2015, 09:51 AM Thread Starter
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Thanks for the great advice guys
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post #3 of 37 (permalink) Old 10-10-2015, 11:11 PM
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post #4 of 37 (permalink) Old 10-11-2015, 07:41 PM
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Originally Posted by NCnewbie View Post
Next question is I have gotten 1 investor wanting me to quote a rehab for them, strictly by having a house next to one we were servicing, any advice on how to proceed with them? I'm horrible at bidding so if anyone wouldn't mind even pm'ing some tips on how you guys go about pricing jobs when there's no set price I would appreciate it.
Really? Are you even a contractor? If you are on this site asking how to price out a rehab, maybe you should just pass on that job
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post #5 of 37 (permalink) Old 10-11-2015, 10:18 PM Thread Starter
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I can price out pp work fine, tacking on additional 60% to cover the discount coming out and doing crappy work to make the job still profitable after the cost estimator.

I forgot the only posts allowed here are as follows
-has anyone heard of "abcd" will they screw me over?
-nationals suck and are the devil
-"so and so company screwed me over what do I do"
-theres no money in p&p anymore, don't get into it
-Angie's list

Every post on here somehow gets around to everyone needs to get out of p&p and go private, but someone asks for tips on doing so and [email protected]$$es throw their 2 pennies in with smart aleck comments.

I wasn't lucky enough to be born with a general contractor license in my hand so yeah, I'm learning as I go and doing what I can to provide for my family after being put in a bad situation. No I don't have 20 years contracting experience because I spent about that long wearing a different pair of boots in craphole countries around the world. So yes, I'm a little behind the curve on some things, I'm assuming you've never had to ask anyone for tips or advice and were blessed by the construction gods with the knowledge of how to run a job site and business from day 1.
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post #6 of 37 (permalink) Old 10-12-2015, 12:35 AM
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Originally Posted by NCnewbie View Post
I can price out pp work fine, tacking on additional 60% to cover the discount coming out and doing crappy work to make the job still profitable after the cost estimator.

I forgot the only posts allowed here are as follows
-has anyone heard of "abcd" will they screw me over?
-nationals suck and are the devil
-"so and so company screwed me over what do I do"
-theres no money in p&p anymore, don't get into it
-Angie's list

Every post on here somehow gets around to everyone needs to get out of p&p and go private, but someone asks for tips on doing so and [email protected]$$es throw their 2 pennies in with smart aleck comments.

I wasn't lucky enough to be born with a general contractor license in my hand so yeah, I'm learning as I go and doing what I can to provide for my family after being put in a bad situation. No I don't have 20 years contracting experience because I spent about that long wearing a different pair of boots in craphole countries around the world. So yes, I'm a little behind the curve on some things, I'm assuming you've never had to ask anyone for tips or advice and were blessed by the construction gods with the knowledge of how to run a job site and business from day 1.


Couldn't agree with what you said more. This site is about property preservation not general contracting. I've tried to find advice about things on here to have people tell me that by working for the nationals I'm getting screwed and I should set my own price to do the job. Unfortunately things don't really work that way in this biz and going private isn't always the answer. Private has its drawbacks also
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post #7 of 37 (permalink) Old 10-12-2015, 06:33 AM
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Quote:
Originally Posted by NCnewbie View Post
I can price out pp work fine, tacking on additional 60% to cover the discount coming out and doing crappy work to make the job still profitable after the cost estimator.

I forgot the only posts allowed here are as follows
-has anyone heard of "abcd" will they screw me over?
-nationals suck and are the devil
-"so and so company screwed me over what do I do"
-theres no money in p&p anymore, don't get into it
-Angie's list

Every post on here somehow gets around to everyone needs to get out of p&p and go private, but someone asks for tips on doing so and [email protected]$$es throw their 2 pennies in with smart aleck comments.

I wasn't lucky enough to be born with a general contractor license in my hand so yeah, I'm learning as I go and doing what I can to provide for my family after being put in a bad situation. No I don't have 20 years contracting experience because I spent about that long wearing a different pair of boots in craphole countries around the world. So yes, I'm a little behind the curve on some things, I'm assuming you've never had to ask anyone for tips or advice and were blessed by the construction gods with the knowledge of how to run a job site and business from day 1.
I'm not big on sarcasm and get the guy trying to climb up the ladder a rung at a time. Been there.
Single posters who cannot read the pages and find their questions answered multiple times are where I see frustration in replies. You can post any topic you feel the desire to; just understand the answers may not always be what you want.
The short of general contracting startups in preservation are the same basic principals of running any other trade on the open market-work hard, sell yourself first, pay yourself first and don't take no for an answer. My advice is worth every penny I charge.
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post #8 of 37 (permalink) Old 10-12-2015, 07:18 AM
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Quote:
Originally Posted by madxtreme01 View Post
This site is about property preservation not general contracting. I've tried to find advice about things on here to have people tell me that by working for the nationals I'm getting screwed and I should set my own price to do the job. Unfortunately things don't really work that way in this biz and going private isn't always the answer. Private has its drawbacks also
If boarding a window for Safeguard is preservation work, why isn't it for the Farmer's State Bank down the street?

You are stuck in this "GC work isn't the same as PP work" mindset. It's like trying to understand page 4 of a book when you haven't read page 1. Plenty of well intentioned folks have tried to convince you thru experience that it is the same and you still aren't willing to accept it. OK. Oregon isn't Alabama, etc.
No, the open market isn't for everyone and there is negative in everything. One just has to find what they are comfortable in and work hard to succeed in that niche. If working for nationals is one's bag, then thumbs up.
Doesn't change some basic facts-
A contractor has less control over their company, subs/employees, finances, scheduling, liability, etc when tethered to a middle man national/regional.
Just because I can't find any local work in Kirksville, Missouri doesn't mean there is no private work to be had.
Working with Safeguard, FAS, Cyprexx, fill in the blank, I chased money, dealt with morons and just couldn't please some people no matter what I did. Seems about like the same world as contracting to me.
No one here is trying to demean someone for working for a regional. The idea is to point you in a direction with more opportunity and income possibilities. If someone is bound to work for them, then that is their choice and a personal issue, not a PT issue.
I don't promote any middle man, just like I don't set up couples. What works for one person is a nightmare for another. This website is about the industry, but not limited to nationals.
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post #9 of 37 (permalink) Old 10-12-2015, 08:23 AM
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everyone seems to think that P&P and GC is exactly the same when it really isn't. When does P&P perform full renovations? Most orders are in and out in less than a day if not a few hours. Most P&P work really has nothing to do with being a gc, it's just required by law. Most of the time the orders are for a grass cut, winterization, clean out, trim trees and bushes, and possibly a leaf cleanup. Occasionally you will be told to tarp or patch a roof and maybe treat for mold the wrong way. So there is a very big disconnect in the type of work received. I can't tell you the last time I got an order in P&P to even replace a cabinet, a damaged floor, toilet bowl. This type of work is more in the rehab or reo side of this biz. Yes working for state farm down the road might be the same type of work, but property preservation as an industry is specifically the preservation of foreclosed homes. Not all preservation companies do gc work just as not all gc companies do preservation work. Trying to answer someone's question about P&P and giving them a private customers answer as their advise isn't really answering the question. It's more frustrating that everyone on here tells you to get out of it and go private when in reality that's not what the original question was.
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post #10 of 37 (permalink) Old 10-12-2015, 01:44 PM
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Quote:
Originally Posted by madxtreme01 View Post
everyone seems to think that P&P and GC is exactly the same when it really isn't. When does P&P perform full renovations? Most orders are in and out in less than a day if not a few hours. Most P&P work really has nothing to do with being a gc, it's just required by law. Most of the time the orders are for a grass cut, winterization, clean out, trim trees and bushes, and possibly a leaf cleanup. Occasionally you will be told to tarp or patch a roof and maybe treat for mold the wrong way. So there is a very big disconnect in the type of work received. I can't tell you the last time I got an order in P&P to even replace a cabinet, a damaged floor, toilet bowl. This type of work is more in the rehab or reo side of this biz. Yes working for state farm down the road might be the same type of work, but property preservation as an industry is specifically the preservation of foreclosed homes. Not all preservation companies do gc work just as not all gc companies do preservation work. Trying to answer someone's question about P&P and giving them a private customers answer as their advise isn't really answering the question. It's more frustrating that everyone on here tells you to get out of it and go private when in reality that's not what the original question was.

I'm sure the mods and site supporters will be willing to give you a full refund on any money you have spent to use this site if you are unhappy with the FREE service.
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