How to Start a Foreclosure Cleanup Business

Many banks and real estate companies won't hire you if you're ot licensed, bonded and insured. As these are the entities with the bulk of the houses that need your services, you definitely want to meet their requirements.This is a business where it's easy for an accident or other incident to happen where a lawsuit is possible. For example, if a worker gets hurt, steals something or your company inadvertently damages the wood floors in a house you're working on, for example, you need insurance to cover any damages

A foreclosure cleanup business is one where you do everything from install windows to hauling trash to winterizing a property. Some jobs take days, others take weeks. The point is, there are a lot of places/times where accidents and incidents can happen. Insurance covers these.

Well, I just won't go after contracts with banks and real estate companies." Newsflash - even individual property owners will oftentimes ask if you're licensed bonded and insured. It brands you as a professional, a business; not simply a man with a truck.