Lawn Care Business Forum Lawn Care Business Book Lawn Care Business Blog Lawn Care Software
Home Forum Contract & Flyer Templates Blog Software Videos Podcast Calculators / Estimators Store Mower Review Design It Yourself Lawn Business School

Go Back   GopherHaul Landscaping & Lawn Care Business Marketing Forum > Business > General Business Discussions

General Business Discussions A place to talk about general business discussions.

Foreclosures and The Bank


General Business Discussions

A place to talk about general business discussions.
Reply
 
Thread Tools Search this Thread
  #1  
Old 11-03-2010, 06:14 AM
Lodzin Lodzin is offline
Junior Member
 
Join Date: Oct 2010
Posts: 6
Rep Power: 5
Lodzin is on a distinguished road
Lightbulb Foreclosures and The Bank

I see a lot of properties for sale in my area that have been foreclosed on and are being resold by the bank, but are not being kept up at all. Anyone have any insight into how I can pitch myself to the banks for lawn care, and maybe even some easy install. I'm looking towards next spring with this, BTW.
Reply With Quote

Stop guess-timating. Learn how to estimate and make money! $$$
Mow Time Estimator Lawn Care Price Estimator Mulch and Topsoil Calculator Snow Plow Estimate Calculator


  #2  
Old 11-03-2010, 09:08 AM
DodgerFan DodgerFan is offline
Junior Member
 
Join Date: Mar 2010
Posts: 1
Rep Power: 0
DodgerFan is on a distinguished road
Default

Lawn care business tipsLawn Care Business Book
Quote:
Originally Posted by Lodzin View Post
I see a lot of properties for sale in my area that have been foreclosed on and are being resold by the bank, but are not being kept up at all. Anyone have any insight into how I can pitch myself to the banks for lawn care, and maybe even some easy install. I'm looking towards next spring with this, BTW.

I've done these for the last yr 1/2 (lawn/snow) & advice would be to keep on going! They have become very difficult to work with & the prices seam to keep droping & they want more & more. Also they are Very hard on your equipment b/c you never know what your going to run over. They are only mowed bi-weekly period. The government ownes the vast majority of them & the banks simply handle the money. Even if you work with asset companies (which you will) well never mind you get the drift.

Good luck if you do pursue, hope I didn't ruin your day
Reply With Quote
  #3  
Old 11-03-2010, 01:32 PM
wellbiz wellbiz is offline
Senior Member
 
Join Date: Feb 2010
Location: Livonia, Michigan
Posts: 129
Rep Power: 6
wellbiz is on a distinguished road
Default

Quote:
Originally Posted by Lodzin View Post
I see a lot of properties for sale in my area that have been foreclosed on and are being resold by the bank, but are not being kept up at all. Anyone have any insight into how I can pitch myself to the banks for lawn care, and maybe even some easy install. I'm looking towards next spring with this, BTW.
I have had mixed luck myself. I take care a few properties for a local bank and they are a dream to work with. On the other hand I turned down some work for a bank out west who wanted dozens of pictures taken and lots of other hoops for me to jump through. All depends. The other poster is right about the everyother week cutting. You just need to be picky about the accounts you choose and the clients you work with.

As far as how did I get the accounts. They actually found me via my website. I have first page listing on google and bing for my city along with Pay per click advertising...
Reply With Quote
  #4  
Old 11-03-2010, 06:18 PM
mark123's Avatar
mark123 mark123 is offline
Senior Member
 
Join Date: Apr 2009
Location: Pennsyltucky
Posts: 1,402
Rep Power: 7
mark123 is on a distinguished road
Default

I had one out of town foreclosure company that told me what my price will be. lol

I measured the lawns anyway and their price was good on one and way off on another. So I called back and told them my prices and they said "OK, good. Then you'll take them for $xx?" quoting their original price. I told him that he needs me more than I need him so he finally agreed to my price and I sent a bill for a prepayment. He backed out immediately.

Rip-off!
Reply With Quote
  #5  
Old 11-03-2010, 06:34 PM
xpertlawnman xpertlawnman is offline
Member
 
Join Date: Oct 2010
Location: Pittsburgh
Posts: 37
Rep Power: 5
xpertlawnman is on a distinguished road
Default

I agree with everyone else. It is not worth the the effort. Also, don't expect to be paid for a loooooong time. I own a WB brushhog and I do clear out overgrown lots for a couple of real investors whenever they need the service. They are not bankowned homes so I get paid on my terms. I used to do work for a couple of real estate agents, but dropped them as the payment terms were too far out for my liking.
Reply With Quote
  #6  
Old 11-03-2010, 09:35 PM
Steve's Avatar
Steve Steve is online now
Administrator
 
Join Date: May 2003
Posts: 37,141
Rep Power: 10
Steve has disabled reputation
Default

Are there signs you look for to see if it is going to be problematic when talking with whoever is in charge of that property?

What should be looked out for?
__________________
- Subscribe to my Lawn Care Marketing Blog Feed and get daily tips sent to you. Free!
Download your Free trial of Gopher Lawn Care Software.
Reply With Quote
  #7  
Old 11-03-2010, 10:02 PM
mark123's Avatar
mark123 mark123 is offline
Senior Member
 
Join Date: Apr 2009
Location: Pennsyltucky
Posts: 1,402
Rep Power: 7
mark123 is on a distinguished road
Default

Quote:
Originally Posted by Steve View Post
Are there signs you look for to see if it is going to be problematic when talking with whoever is in charge of that property?

What should be looked out for?
If they've never actually seen the property you'll probably never actually see your money.

I forgot one thing that I should have put in the previous post. They wanted me to take before, during and after photos of the property every time I serviced it. Do they want lawn care or photography??
Reply With Quote
  #8  
Old 11-03-2010, 10:40 PM
Steve's Avatar
Steve Steve is online now
Administrator
 
Join Date: May 2003
Posts: 37,141
Rep Power: 10
Steve has disabled reputation
Default

So basically, if they are not local at a local office where you can go in there and meet with someone, pass on it because it's not worth the time and effort?
__________________
- Subscribe to my Lawn Care Marketing Blog Feed and get daily tips sent to you. Free!
Download your Free trial of Gopher Lawn Care Software.
Reply With Quote
  #9  
Old 11-03-2010, 11:46 PM
JMADEWELL09's Avatar
JMADEWELL09 JMADEWELL09 is offline
Member
 
Join Date: May 2009
Posts: 54
Rep Power: 6
JMADEWELL09 is on a distinguished road
Default

I deal with a lot of foreclsoures and i mean lots during this summer a guy went into our local ace hardware store and asked if there was any lawn care comanys in the area and they gave him my card he called me and i went and meet him he had a foreclosers i gave him a bid the grass was about 4 foot tall and he wanted it just mowed and grAss clippings left. did the job sent him a invoice and with in a month he paid me well that started the ball rolling and yes we had to take before and after pics. he invited me to do about 10 more houses in las vegas ( the area has the highest foreclosers in the nation and highest unemployment at over 15 %) we did the houses but i let my uncle go in and the pics he took were burry so he gave us a warning about that. but since then we have been real busy even tomorrow i am doing around 10 houses in las vegas. We are also doing the janatory work we clean the inside of the houses. so the pay scale is this if we scope the yard which we go and check out the property and take pics and report LG = limited growth then we make 6 bucks if it needs mowed ( which in vegas mow means weedeat weeds in rocks areas that takes about 10 mins) we get 20 bucks
one weekend me and my wife scoped out 57 houses so we been making good money. my guy called me today and said they have 190 houses to scope out this week and usally about 10% have to be mowed.

i have also have 3 other company that we work with they call us for the foreclosers in the area the last big one we did was on saturday we did one for 200 bucks and they guy paid me that day with his credit card. about 25% of my business now is doing forecloser properites In fact we been so busy with forcloser properties I even went out and bought another trailer for the business. So now we have 2 trucks and 2 trailers so we have basicly 2 crews So when i go to las vegas which is 1 hr drive from my driveway i have another crew here in town that can take care of all our local yards.

Last edited by JMADEWELL09; 11-03-2010 at 11:53 PM.
Reply With Quote
  #10  
Old 11-04-2010, 06:32 AM
mark123's Avatar
mark123 mark123 is offline
Senior Member
 
Join Date: Apr 2009
Location: Pennsyltucky
Posts: 1,402
Rep Power: 7
mark123 is on a distinguished road
Default

Quote:
Originally Posted by Steve View Post
So basically, if they are not local at a local office where you can go in there and meet with someone, pass on it because it's not worth the time and effort?
That is my take on it.

When the housing market crashed due to the Fannie and Freddie fiasco many, many unscrupulous people got into the foreclosure business. I'm not sure if they got into it to purposely negative gear the property for tax write-offs or they really though someone was going to buy these run-down messes. Either way, in most cases, they lost their behinds and now they're getting code enforcement letters stating they should make the place presentable or the city will do it and charge them a crazy amount.

Basically, they are just looking to shift some of their expenses to you and me and I have no doubt that many of them have no problem screwing you over for a few bucks.

If they make the effort to meet you at the property and they're from the area there is a much better chance that you'll get your money.

Last edited by mark123; 11-04-2010 at 06:36 AM.
Reply With Quote
Reply

Bookmarks

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not 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 On
Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
Money & Jobs Doing Foreclosures majoe7 General Talk 3 10-29-2009 05:15 AM
how to bid a bank owned clean up MacTrina Online Lawn Care Estimator - Help me bid this job 4 07-26-2008 12:36 AM
Wachovia Bank(bid) landonkade Online Lawn Care Estimator - Help me bid this job 9 11-20-2007 12:12 AM
Are home foreclosures up in your area? Steve General Talk 6 09-18-2007 06:13 PM
Wal-Mart bank coming soon? Steve General Business Discussions 3 03-16-2007 08:41 PM

» Recent Threads
  RatingTitle, Username, & Date Last Post Replies Views
Snow removal contracts
CDLAWNCARE
Today 02:57 PM
Today 02:57 PM
by CDLAWNCARE
0 15
Trailer flooring...
Pattersonllc
Today 02:40 PM
Today 02:40 PM
by Pattersonllc
0 11
These are the days on...
ExtremeLawncareServices
01-11-2015 10:41 AM
Today 02:21 PM
by Steve
35 4,102
landscape insurance
clarkslawn
Yesterday 10:14 PM
Today 02:14 PM
by Steve
1 48
Engine question
Blue Star Lawn Care
Yesterday 09:47 PM
Today 02:09 PM
by Steve
1 41
First big mower decision?
SGL1
03-28-2015 08:58 AM
Today 02:09 PM
by SGL1
9 170
Covering a landscape...
Dan Tanner
03-29-2015 09:01 AM
Today 02:00 PM
by Steve
6 152
Dethatching attachments
jcurr33
03-29-2015 08:56 PM
Today 01:50 PM
by Steve
3 97
Tree Service
Yard Elements
09-10-2011 08:19 PM
Today 01:39 PM
by Steve
25 8,614
Hydro oil
googus
Yesterday 06:45 AM
Today 05:42 AM
by mac83
3 76
Commercial Jobs
CurbAppeal1
03-25-2015 04:22 PM
Today 12:33 AM
by CCandALawnCare
8 289
How do you get...
ESREVER
03-25-2015 01:30 PM
Yesterday 11:09 PM
by SC93
9 259
35,000 Eddm
greenscaper123
03-18-2015 12:51 PM
Yesterday 10:51 PM
by SC93
22 633
Employee job training...
brookline
12-15-2014 07:15 PM
Yesterday 07:39 PM
by SGL1
30 2,474
Finally got a warehouse
avetslawncare
03-12-2015 07:52 PM
Yesterday 07:36 PM
by SGL1
16 615
Ferris FW35 questions
Chilehead
03-10-2015 08:31 PM
Yesterday 07:08 PM
by Dan Tanner
7 444
Bid for large home...
lxarth
03-22-2015 11:06 AM
Yesterday 07:03 PM
by avetslawncare
11 433
Start LIKING FACEBOOK...
rlclawncare123
02-26-2015 12:06 AM
Yesterday 02:07 PM
by Steve
4 447
Trepidation about...
michellemarvin
03-23-2015 07:46 PM
Yesterday 01:40 PM
by Steve
3 213
I lost a long term...
Sprinkler Buddy
09-04-2011 02:24 PM
Yesterday 01:36 PM
by Steve
16 3,508
Billing methods
jcurr33
03-26-2015 01:33 PM
03-29-2015 05:13 PM
by avetslawncare
8 258
bidding a cemetery....
NPM_LLC
03-28-2015 10:56 AM
03-29-2015 01:18 PM
by jrs.landscaping
5 164
Weed and Feed
robkattankate
03-19-2015 09:00 PM
03-29-2015 08:42 AM
by Dan Tanner
5 620
Mower vs lot size advice
jcurr33
03-25-2015 09:29 PM
03-28-2015 08:37 AM
by Dan Tanner
5 220
hoa bid need help
bigdaveha12
03-24-2015 08:29 PM
03-27-2015 11:17 PM
by lxarth
6 295
introducing myself
chris2500hd
03-24-2015 11:16 AM
03-27-2015 02:02 PM
by Steve
8 266
Flag or no flag
Matther777
03-24-2015 02:41 PM
03-27-2015 12:25 PM
by biglee
10 366
Office Administration...
Girlfriend
03-26-2015 05:40 PM
03-26-2015 05:40 PM
by Girlfriend
0 816
Is this tree beyond help?
SGL1
03-22-2015 05:35 PM
03-25-2015 08:55 PM
by SGL1
14 1,235
Opinions on truck wrap
Trupro
02-28-2015 03:21 PM
03-25-2015 07:54 PM
by Trupro
33 1,638
The New Wave!!!! Read...
Jamesw86
03-22-2015 08:33 PM
03-25-2015 02:50 PM
by Steve
10 355
grass in the gas tank
robkattankate
03-23-2015 04:37 PM
03-25-2015 02:36 PM
by Steve
5 233
Helping others
hansenslawncare
09-15-2011 08:50 PM
03-25-2015 02:33 PM
by Steve
11 2,702
DOT Number
acrajchel
03-20-2015 05:56 PM
03-25-2015 02:28 PM
by Steve
7 570
Michelin x tweel.
apmAkron
03-23-2015 04:22 PM
03-24-2015 12:40 PM
by Steve
3 157
spike aerator???
Bradcook21
03-21-2015 01:55 PM
03-24-2015 10:32 AM
by acrajchel
4 257
Hello from Maryland
michellemarvin
03-23-2015 12:44 PM
03-23-2015 07:33 PM
by michellemarvin
2 171
hello from south GA.
CCandALawnCare
03-23-2015 03:46 AM
03-23-2015 07:06 PM
by CCandALawnCare
2 152
Say Hello !!!
Steve
03-19-2007 11:18 AM
03-23-2015 06:14 PM
by jethro
1,218 380,589
Is anyone doing mosquito...
BWild
01-27-2015 11:30 AM
03-23-2015 12:28 PM
by Steve
9 895
Should i take on this...
christw
03-17-2013 01:23 PM
03-22-2015 09:02 PM
by ExtremeLawncareServices
36 7,629
mower stalls when...
boog
03-19-2015 08:20 AM
03-21-2015 08:13 PM
by Wolf4dk
7 298
Hello Emily Reyes from...
Webster14829
03-20-2015 11:23 AM
03-20-2015 03:36 PM
by Steve
2 203
Finally going to give it...
jcurr33
03-12-2015 08:09 PM
03-20-2015 03:31 PM
by Steve
10 592
Weed id?
SGL1
03-17-2015 08:20 PM
03-20-2015 02:37 PM
by Steve
6 311
Mobile small engine...
luckylogger
03-15-2015 02:05 PM
03-20-2015 06:17 AM
by jrs.landscaping
15 533
Brad Cook 21
SC93
03-16-2015 10:40 PM
03-19-2015 09:04 PM
by Bradcook21
4 505
honest opinion please
uppercut
02-17-2015 01:30 AM
03-18-2015 02:55 PM
by Steve
15 1,373
Repair or replace the...
lxarth
12-17-2014 04:07 PM
03-18-2015 02:49 PM
by Just for Cuts
21 2,059
new to the site
bigdaveha12
03-17-2015 09:13 PM
03-18-2015 02:33 PM
by Steve
1 238
» Popular Tags
apartment complex bark blades blowout bob villa collections commercial demonstration edging employee problems equipment rental facebook ferris flyers free advertising grass growing a lawn care business hardscapes hills hiring husqvarna hydraulic introduction landscape landscape services landscaping training lawn aeration lawn care lawn care business seo lawn care business website lawn care business website seo lawn care seo lawn care website marketing more customers business mr dave new business ordinance past due patio install per hour charge pricing profit on employee pto push versus ride running a business scag v-ride scripts search engine optimization sell the vision seo shell shreaded small engine repair sq ft square foot sulky toro grand stand tractor auger trailer tree trimmer rack truck new used landscape walk behind web design website website design winterization won't return wright stander rh
Powered by vBadvanced CMPS v3.1.0

All times are GMT -5. The time now is 04:32 PM.


(C) 2011 Riggs Publications - Terms of use & Privacy Policy

All times are GMT -5. The time now is 04:32 PM.

(C) 2011 Riggs Publications - Terms of use & Privacy Policy