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Discussion Starter #1
I have been getting one after another today! I got a total of 4 capital repair rehabs today which were all bid in oct and nov and just got approved today. Plus a bunch of trashouts, de-wints, small repairs and a bunch more bids. Not just from one bank either, EVERYONE has been hitting me. It's crazy but I aint complaining:clap:
 
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Discussion Starter #2
Sounds like a year end rush where the customers want to book the job in 2011 since money was available and now they can start working on the 2012 budgets.
 
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I don't think my "customers" work that way. Thanks anyway for the input.
 
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we were dead for the past 3-4 months. weve all been doing other stuff as filler work and then as of 2 weeks ago we have a complete reno just started, all new siding/windows + basement reno on another job along with a brand new house to do the icf foundation/frame/ side... plus more bids going out
 
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Discussion Starter #5
concretemasonry said:
Sounds like a year end rush where the customers want to book the job in 2011 since money was available and now they can start working on the 2012 budgets.
It's unlikely the preservation industry uses a calendar fiscal year. It's more likely that the industry aligns their fiscal year with that of their major client (ie: FNMA) or adjust it based on market specifications (ie: real estate quarterly trends).

No company, especially in PP, is going to decide to eliminate a positive variance on the books by greatly increasing expenditures at the end of a fiscal year. Doing so would not help in attracting investors, etc.

IMO it's just hard work paying off.
 

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I agree with lots of work getting approved. Yesterday I received 4 clean outs, roof tarp, sump pump install, minor repairs, and was able to sub out a major fire damage job. I am very thankful for the work to keep my guys busy.
 
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Discussion Starter #7
Whew its been nuts on approvals!!

5 digit water loss from insurance company
4 digit water loss from insurance company
5 digit mold remediation from private pay
4 digit mold remediation from private pay
3 digit little water loss from private pay
8 carpet cleans...from brokers

No discounts, no e&o insurance, No pics to service companies, no uploads, no chargebacks.

my motto: "just say NO to the service company suckers"

:laughing::laughing::laughing:
 

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FremontREO said:
Whew its been nuts on approvals!!

5 digit water loss from insurance company
4 digit water loss from insurance company
5 digit mold remediation from private pay
4 digit mold remediation from private pay
3 digit little water loss from private pay
8 carpet cleans...from brokers

No discounts, no e&o insurance, No pics to service companies, no uploads, no chargebacks.

my motto: "just say NO to the service company suckers"

:laughing::laughing::laughing:
Nice. Much props to you.
 

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FremontREO said:
Whew its been nuts on approvals!!

5 digit water loss from insurance company
4 digit water loss from insurance company
5 digit mold remediation from private pay
4 digit mold remediation from private pay
3 digit little water loss from private pay
8 carpet cleans...from brokers

No discounts, no e&o insurance, No pics to service companies, no uploads, no chargebacks.

my motto: "just say NO to the service company suckers"

:laughing::laughing::laughing:
Nice
 
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Discussion Starter #10
Last week: $9k Broker trashout
This week: $23k Broker rehab & trashouts (3 seperate projects)

Nice little December!
 
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Discussion Starter #12
Will it isn't over for getting more work :)

Call came at 12:15 for a little sewer problem:eek:
 
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We were told that the government wants to increase the job market. They have told the banks they need to spend a minimum of 10k on each property to try and improve to. Not sure how true it is but it came from a source within a national.
 
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Discussion Starter #15
FremontREO said:
Will it isn't over for getting more work :)

Call came at 12:15 for a little sewer problem:eek:
Thanks for that. Those people need to chew there food better.,..
 
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