Reconstruction Project: Government Allocates $15 Billion for Foreclosure Cleanup
Government puts up $15 billion for foreclosure cleanup
The US federal government is pouring its money into foreclosure cleanups and vacant property cleanups. Project Rebuild, a $15 billion initiative that is part of President Obama’s American Jobs Act (strategically outlined in a joint session of Congress last Thursday night) will direct revenue to restore foreclosed and vacant properties. The White House predicts that Project Rebuild will boost job growth in the construction industry by resulting in the rehabilitation of literally hundreds of thousands of homes in communities across the United States.
Cleaning companies generate income quickly
Cleaning businesses are one of the easiest and most lucrative businesses to start. According to an Entrepreneur magazine article on the cleaning industry, “…you can build an extremely profitable business that will generate income very quickly.” The editorial goes on to state, “If you like to do the job yourself, you can stay small and do it. If your skills are more of an administrative nature, you can build and manage teams to get the job done.”
Payment of niche cleaning services
With foreclosures skyrocketing, niche cleanup services like foreclosure cleanup have a wide open market for evergreen sustainability. RealtyTrac.com, a foreclosure statistics reporting company, revealed that one in 611 housing units received a foreclosure application in July 2011. The industry is desperately trying to weather the crisis and keep consumers in the know. living place. Interest rates have even plunged to record lows to help the nation emerge from one of the worst economic crises since the Depression.
Cleaning services in the top ten franchises of 2011
According to Entrepreneur Magazine’s 2011 Top 10 Franchise List, two of the top ten companies were cleaning services. Servpro, a company that started as a painting business in 1967, was in the top ten. Servpro offers cleanup and repair services to commercial and residential customers who have experienced disasters. Another top ten list maker is Vanguard Cleaning Systems, a commercial cleaning company, founded in 1984, based in San Mateo, California.
For aspiring entrepreneurs interested in starting a cleaning service, the key is to choose a niche that will be around for a long time and will have recurring, immediate, and relatable customers. A foreclosure cleanup business is easy to start and can be lucrative for a long time. Targeting real estate agents, mortgage companies, bank REO departments, brokers, investors, homeowners associations, investors, smaller similar services, and property preservation companies will generate a gold mine of industry contacts, small business contracts, and jobs. from long-term cleanup to foreclosure cleanup start-up businesses.
For more information on starting a foreclosure cleanup service, visit the foreclosure-cleanup-blog DOT com.