I have a new job, yet I haven't quit my old one.
The new job is cleaning out repossessed homes. When a person gets kicked out by the bank, they leave a bunch of junk. I bid on it, and dispose of it. I have only done a handful so far, but it is proving interesting and exhausting.
The biggest change for me is having to document everything with photo's... and doing it "just right". Another big change is the guy I'm working with. I have worked for my Dad for the past 10 years, so now I'm working with an older guy who is going to retire, and he wants everything done EXACTLY as he says... even if what he says changes.
The hardest part is bidding it correctly. It seems that everything is an exception to the rule. So if we say, you charge X for Y.. you will never find Y. You will find Y1, Y2, Y3. The guy teaching me has been doing it so long he has it down to a science. Then, on top of it all, there is the "work the system" aspect of it. At this point, I'm not even sure what the system is.
There is a reason for taking this on. The first is the need for work in a slowing economy. If the banks aren't lending, there isn't a whole lot to do in the construction industry. On the other hand, I really wanted access to the Repo market. With this job, I can evaluate the property before anyone else. Even at this point all the "best" deals are taken by banking insiders, BUT, not all the "good" deals are taken. I'm just waiting for the right one and right time.
Anyway, that is my new job...
The best part is that I have to start an official business. So, I will also be doing home prepare and handyman work with my ultimate eye on property management.
All fit together because it is all basically what I was doing with my own properties. The repo work is just an extension of what I go through every time I have a tenant leave .. .and leave all their crap. The repair work is basically what I have been doing for the past 10 years in construction anyway.
I guess, if "The Donald" gets elected president, then that will be the new limit to what this line of work could end up as