Win
Guy who flips two or three houses a year asked if I'd clear one out since I was already doing his plumbing. 1,100 square foot ranch, deceased owner, family had taken what they wan…
Discussion
Running one 16-foot box truck, two-man crew, mostly REO trash-outs off one servicer plus overflow turnover cleans from two property managers. Current month looks like this. 22 hau…
Discussion
I've been running cleaning crews for five years, mostly for landlords who pay me off an invoice and never ask about paperwork. Started filling out a vendor application to get REO…
From the desk:
House I'm under contract on has maybe a room and a half of junk plus a garage packed to the door. Previous owner left furniture, a lot of boxes, an old riding mower, and what look…
Win
Small thing but it changed how I think about my own time. Tenant of three years moved out of a two bedroom. Unit was okay, normal wear, but the oven and the bathroom needed real w…
From the desk:
My aunt's estate has a house going to sale and I'm the one handling the paperwork, so the cleanout invoice landed on me. It's $7,900 for a 1,600 square foot ranch with a basement.…
Discussion
The figure I've seen quoted for tenant turnover is about $1,750 on average, cleaning included. I'm trying to break that into lines I can put in a model rather than carry as one lu…
Win
I'd been billing turnovers at $38 an hour for a property manager with about 90 doors. She liked me fine but I was one of four cleaners she used, and I was getting maybe 3 units a…
Win
Following on from my dumpster question. I did the cleanout myself over two weekends and before anything went in the can I pulled out anything metal. What came out: the riding mowe…
Discussion
I own land and a few small holdings, so I'm on the buying side of this, and I've hired cleanout crews maybe eight times in five years. Twice this year a guy who does mowing for me…
Discussion
I'm building a spreadsheet for a first deal and I've got a line called "rehab" and a line called "contingency" and nowhere obvious to put $3,800 of hauling somebody's furniture ou…
Discussion
Coming into this from nothing, no real estate background at all. I've got a truck lined up and one property manager willing to try me on turnover cleans. Every video I watch is so…
Loss
Flip, 1,400 square feet, seller left about half the house furnished. I got three bids. $3,400, $3,100, and a two-man crew at $2,200 who could start Monday. I took the $2,200 becau…
From the desk:
I'm papering the vendor side for a small group that's about to start taking REO clear-out orders. Two crews, they want to sign with a couple of servicers and a regional property m…
Discussion
I'm working on the lending side rather than owning, and I'm trying to think through the ugly case. Borrower stops paying, I end up taking a property back, and the house is full of…
Discussion
41 addresses on my list, mostly bank-owned and pre-foreclosure single family across two counties, and I'm putting numbers on all of them before I get inside any of them. Cleanout…
From the desk:
Packet landed Tuesday and I've been costing it out all week. Terms as written: initial secure and trash-out at $38 per cubic yard, capped at 45 yards per work order unless I submi…
Discussion
An agent handling a bank-owned house asked me to price a trash-out. I quoted it the way I'd quote a move-out cleaning, hourly plus supplies, and she came back asking for a cubic y…
Discussion
A property manager I met through my licensing course said she'd send me turnover cleans if I could also haul out whatever tenants leave behind. I've got a half ton pickup and a 5x…
From the desk:
Off market three bed, 1,900 square feet plus a detached garage, owner passed and the family walked away from the contents. Assignment price $146k, my after repair number is around…