Join Date: Oct 2012
Thanked 5 Times in 4 Posts
Out here on the Calif coast we don't have rain from the end of May until maybe late Oct. I have spent the summer seeing exactly what you show in your pics. 5 Brothers requires Pics of equipment on lawn...oh well.
I have been at this for 1 3/4 years and just went inactive with my regionals, all who provided enough BofA work to be profitable. SafeGuard pay matrix is undoable trying to cover 2 counties 175 miles from end to end. I am fortunate to say that I pulled out money ahead...I'm current with my payables and am owed about 6 grand. I will watch warily to see if these regionals (whom I happen to enjoy working for, and likewise) will be square with me. Not holding my breath though. I told one Op Manager he'd better double the size of his vendor recruiter staff, which didn't go over well. 5Brothers gets a lot of flak here and I can believe it is well deserved, it's just they've not pulled anything on me yet like I've read about here. They moved me up to priority (rather than Trainee statis) and the 50+ dollar mows, FHA secures and bid approvals have been coming in. Pay every other week (I do inspections for them also at $20.00 a pop) and NEVER had to dispute. One of the reasons I pulled back from the regionals is I have to watch the check details like a HAWK. Constantly having to dispute just grates on me. Stuff like a flat fee invoiced for $440.00 that pays 70 days later for $186.00 "Opps, I guess I looked at your invoice then billed the client per item instead" blah blah blah.
Bottom line is that I made money to this point, but lost plenty along the way, not to mention so many back to back 14 hr days that I forgot what it was like to be rested.
I am now retooling my marketing to local brokers and REO realtors who have come to admire my product. If you are a newbe at this juncture and working for Nats and Regionals exclusively you had better pay close attention: they will find a new set of contractors who think $20 recuts, no trip charges, $200 initials/CFK/evictions is good $$. Unless it is in your back yard it is not sustainable, as most of our work is not "local". I have learned sooo much from the likes of MtMtnMan , Linda, etc and feel like much of my success is due to using their sage advice to advantage. Gotta give you guys props where props are due.