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Updated over 4 years ago on . Most recent reply

User Stats

36
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Connor Ryan
  • Financial Advisor
  • Boulder, CO
75
Votes |
36
Posts

Making six figures as a Property Preservation Contractor

Connor Ryan
  • Financial Advisor
  • Boulder, CO
Posted

With foreclosures being a very realistic possibility in markets all across the country in the near future, I have stumbled upon an article of a woman who makes 200k a year without buying or selling real estate as a Property Preservation Contractor. My understanding is that PPC's maintain foreclosed properties for banks and property management companies. They perform repairs, secure points of entry, clean interiors, and maintain exterior landscaping. This could be an in demand business in the coming months or years. Is there anyone on here that has had personal experience as a Property Preservation Contractor, any insight at how passive vs. hands on it is, or barriers of entry to be aware of etc..

Link to the article: https://anniesinspo.com/become-a-property-preservation-contractor/

I appreciate any information!

Thank you,

Connor Ryan

Most Popular Reply

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23,418
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13,509
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Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
13,509
Votes |
23,418
Posts
Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
Replied

That's somebody selling you a course....and she "claims" to net $120k/year. When REO's were booming, the nat'l preservation companies dominated the biz. Take a shot if you want but there are Many companies with a track record and not Nearly enough volume to keep them busy.
And, “is it hands on?”....that’s funny. 

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