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Is anyone here in the foreclosure preservation industry

Posted on 5/3/17 at 1:16 pm
Posted by Polar Pop
Member since Feb 2012
10752 posts
Posted on 5/3/17 at 1:16 pm
I am looking to get into the construction industry while going to school.

I kept seeing a preservation ad on indeed.com so I called on a subcontractor position with a REO preservation company and I am just wanting to get some insight from someone in the industry before I pull the trigger.

1099, I provide tools, payout received is 55% of bank payment, 60mi working radius.

I cant find any negatives or scam stories online other than some companies requiring a rediculous amount of callbacks for more pictures and not paying on time.
Posted by fillmoregandt
OTM
Member since Nov 2009
14368 posts
Posted on 5/3/17 at 2:53 pm to
Foreclosure preservation or foreclosure prevention?

I would assume a contractor on REO properties is going to be doing mainly small repairs, winterizing, lawn maintenance, securing the property, etc.

May not be a bad way to earn a couple bucks while in school and learning a bit about construction/housing industry.
Posted by eng08
Member since Jan 2013
5997 posts
Posted on 5/3/17 at 3:56 pm to
Poster named Stout is I think.
Posted by TSLG
Member since Mar 2014
6724 posts
Posted on 5/6/17 at 11:57 am to
I've got a friend that is a vendor for several of the big companies in multiple states.

It is a pita, but there is money to be made.
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