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JOB Just In: Foreclosure Cleanup Bid Needed for Cleaning, Trash & Furniture Removal
Hi Foreclosure Cleanup Business Owners,
A new bid request is below. Also, don't forget to peek at a couple of Questions & Answers from other business owners I've shared below for you.
The Bid Request: The below bid request just came in. Here's request, verbatim, as it came from client:
"I have a foreclosed property I need cleaned, please email me a quote.
2 bedroom, less than 2000 sq feet. Trash outside of the house and inside. Several pieces of furniture that needs to be moved." NOTE: The home is in Jacksonville, FL in the 32216 zip code.
Here's some quick info about Jacksonville, Florida, Georgia: http://en.wikipedia.org/wiki/Jacksonville,_Florida. Visit http://www.mapquest.com to map from your area.
Want to Bid? If interested in bidding on the job, simply email me at firstname.lastname@example.org before 6:00 PM, Saturday, October 1, 2011, and I will give you contact info of the potential client. Simply type
in your subject line, and I will email you the client's contact info.
We have no more info on the job other than what's stated above, so please save any questions for the potential client. If you get the job, this will be between you and the client. We are simply passing the info on as part of our informal outsourcing.
Good luck to you with this one!
Questions & Answers
I receive queries regularly from colleagues and new business owners. Wanted to share a couple below in hopes you can benefit from them in your own business:
Question #1: Hi Cassandra. I just want to thank you for all of your help in my new business. It seems to have really taken off in July and August with no signs of slowing down!! I am looking at purchasing either a van or a pickup for our work and I wanted to get your opinion on it. We are now using a utility trailer and my Jeep Grand Cherokee. I'm leaning towards a full size (8 cyl) pickup truck over a van, but I would like to solicit your opinion. Would you recommend a van or a truck with your experience in this business? C.O.
My Answer: C.O., that's super! Congratulations on your success. A pickup truck, hands down! :) Good luck with the purchase. Cassandra
Hi Cassandra. I purchased your book and really enjoyed it! My wife and I are starting our own business in the Philadelphia area. I just have a couple questions if you don't mind? 1. Do you use QuickBooks to handle your accounting? And if so, how do you handle "Day Labor"? Do you note them as employees or 1099 contractors? This has been a big debate on most of the forums out there. This would be a big help to me for I am in the process of setting up our QuickBooks. 2. Is it necessary to have E&O insurance or is GL enough? Thank you in advance! C.D.
Hi C.D. Congratulations on you and your wife's business. QuickBooks is a good accounting option. I suggest 1099ing your day labor. Though, unless you're paying them individually over a certain amount per year (I think it was $600 last year), you don't have to issue a 1099. Insurance query: I've answered the query in depth on the blog in several places so I'm going to point you there for some digging around. At least 3 or 4 good articles there on E&O vs. Gen. Liability. http://www.foreclosure-cleanup-blog.com/
. Good luck to you both with your new biz in Philadelphia area! :) Cassandra
Question #3: Hello, I'd like to know, when going out to a site for the maintenance and cleaning, after ordering a dump truck and getting the sub-contractors, when do they get paid and when would I have to pay for the dump truck? Thanks. K.B.
Hi K.B. You will have to pay for the dump truck up front -- unless you get lucky with a company that will wait. You will have to pay your workers, your subs, upon completion of the job (UNLESS they agree to wait until you get paid -- not advisable; pay them right away so your industry reputation is solid with workers ... they will be your lifeline in growth). Good luck with the job and let me know how things turn out. Cassandra :)
More Q&A's to Come: I have so many Questions & Answers to share with you all. They're in an email file. I tell you, not enough hours in the day. But I'll do my best to share more over the coming months! :)
Help Wanted / Jobs / Small Business Contracts Reminder:
Have a great day!
Why a Real Estate Contracting Service is a Lucrative Business to Start in a Market Full of Foreclosures
|Click HERE for Full List of Industry Products.|
We're adding more and more jobs regularly.
Finally, the New Forms Packet!
Help Wanted / Jobs: Foreclosure Cleanup, Lawn Maintenance, REO Trash Out Jobs, HUD Vacant Homes Jobs, Etc.
Link to All Previous Newsletter Issues: As always, don't forget to peruse previous issues of the foreclosure cleanup industry newsletter (especially if you're a new newsletter subscriber) at http://www.aweber.com/archive/fcbizowners for tons of solid advice and guidance to grow your business in 2011.
Failed Banks Listed by Month
Visit this link to see which banks closed in which month. (Remember, the acquiring institutions of failed banks can be fertile ground for foreclosure cleanup businesses.)
Tip: To locate your County Clerk's Office, GOOGLE phrases like "Your County Name" and County Clerk; or "Your City Name" and "County Clerk".
Search for Business "Licenses and Permits" Regulations by State: Every business needs one or more federal, state or local licenses or permits to operate. Licenses can range from a basic operating license to very specific permits. Regulations vary by industry, state and locality, so it's very important to understand the licensing rules where your business is located. Not complying with licensing and permitting regulations can lead to expensive fines and put your business at serious risk. (Source: SBA.gov.) http://www.sba.gov/content/search-business-licenses-and-permits
Help Devising a Zip Code List: In your effort to come up with a list of zip codes in which your company does business (or in which your company can do business), use the United States Post Office's Zip Code Finder. You can find a ZIP Code by entering an address, and you can also search for a partial address, such as "Green Street, Los Angeles, CA." Find it at this link: http://zip4.usps.com/zip4/welcome.jsp.
D-U-N-S Number Tip: Don't "pay" for a D-U-N-S Number! Some companies charge $149 and up when they box it with other services. Getting your number is free, free, free if you are signing up as a vendor on government contract registration websites.
Blogs of Interest