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Resource Center > Article
Foreclosure Cleanouts: It’s A DIRTY JOB, But Somebody’s Got To Make Great Money Doing It!
11 Mar 10 Posted by: Kathleen C Lanza
in Opportunity Focus
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Foreclosure Cleanouts: It’s A DIRTY JOB, But Somebody’s Got To Make Great Money Doing It!  Why Not You?

An estimated 2.8 million U.S. properties became foreclosure casualties in 2009, according to RealtyTrac®, the leading online marketplace for foreclosure properties. That’s a 21% increase in total foreclosure properties compared to 2008 and a 120% increase over 2007. Company CEO James J. Saccacio predicts 2010 will continue to see its share of challenges in this area. “In the long-term, a massive supply of delinquent loans continues to loom over the housing market, and many of those delinquencies will end up in the foreclosure process in 2010 and beyond as lenders gradually work their way through the backlog,” he says.

According to RealtyTrac®, Nevada, Arizona and Florida posted the highest foreclosure rates in 2009. States like California, Illinois, Michigan, Georgia, Ohio, Texas and New Jersey have also been hard hit. In fact, all but a small handful of states have been negatively impacted by the current foreclosure trend. Bad news, right? For thousands of people who are losing their homes, that’s certainly the case. But for motivated entrepreneurs who can see the silver lining in even in the bleakest of economic climates, it’s an opportunity to make money...$60,000-per-year-working-even part-time kind of money!

The fact is that as unpleasant as the foreclosure crisis is, it’s creating an unprecedented growth market for individuals like Jim Stewart, owner of J.T. Stewart Enterprises and a contractor with more than a decade in the foreclosure cleanout business. Stewart’s recently released step-by-step, 184-page, start-up manual entitled, “Cleanout Foreclosures: Make Money Cleaning Out and Maintaining Foreclosures,” tells entrepreneurs who aren’t afraid of a little hard work everything they need to know on how to start a part- or full-time foreclosure cleanout business. It’s rapidly becoming the MUST-HAVE for anyone who wants to start his/her own business of this kind. Stewart’s package also includes a CD with specialized business forms and a number of marketing materials needed to get a foreclosure cleanout/maintenance business up and running and make it successful. According to Stewart, once someone reads the manual, “It’s as if you’ve worked side by side with me all these years!”

Entrepreneurs learn from Stewart how to start their business with very little money up-front, as well as run every aspect of it so that it grows, including such industry secrets as how and where to find customers. And after ten years in the business, Stewart guarantees that his contact lists are applicable and will work in all 50 states.

The nice thing about getting into the foreclosure cleanout and maintenance business is that there’s no overhead. Someone can choose to work full-time or part-time, all from the comfort of home! Only a small space is needed to store tools. And no matter what state someone lives in, there’s growing demand for their services. In fact, anyone who is motivated and doesn’t mind getting his/her hands dirty is a good candidate to do this kind of work, especially given that it takes so little money to get started.

Becoming a foreclosure cleanout/maintenance expert is also the perfect complement to any number of existing businesses that want to generate additional income when times are tight…or even when they’re not. Realtors/property inspectors, contractors/handymen service providers and/or hauling/cleaning/lawn and/or landscaping businesspeople would do well to entertain the idea of adding foreclosure cleanout and maintenance services to their already existing repertoire.

With no end to the foreclosure crisis anywhere in sight, now is the time to explore this growing field. In fact, the timing couldn’t be better.

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