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realty co

#1

K

kirkny1018

is there any problems dealing with a realty co and whats the best way to get ther account


#2

Carscw

Carscw

kirkny1018 said:
is there any problems dealing with a realty co and whats the best way to get ther account
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First off your going to have to have a million $ liability insurance. You can get for around $500 a year.
You need to write up a proposal of a price per yard up to a acre grass up to one foot tall them how much per foot over one foot tall.

How much per first cut and bush trimming. Then how much per biweekly cut.

And realize your not going to get full price for these yards.
I have contracts with banks they pay me $35 per yard and I sub them out at $25 does not sound like a lot of money but at 200 yards a week it adds up fast

Most banks or realty co are going to pay 30 to 45 days after you bill them

Sent from my iPhone using LMF


#3

lawn mower fanatic

lawn mower fanatic

I have never done one but I heard a lot of the time the grass is a couple feet high, so don't use your most precious equipment....you might hit something! :eek:


#4

Carscw

Carscw

lawn mower fanatic said:
I have never done one but I heard a lot of the time the grass is a couple feet high, so don't use your most precious equipment....you might hit something! :eek:
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Your right most the time the first cuts are over grown. I have guys that sub from me and get to a yard with 4 foot weeds and can not cut it with there ZT. I go out there with my 1998 MTD garden tractor and can cut the acre in a hour with no clumps of grass left
I have hit bricks, car parts anything you can think of and have broke and bent blades. But have never broke the deck or spindle. A lot of guys use old craftsman mowers because the spindles only cost $15 and the deck belt and pulleys are set up where it will not slip in tall grass

Sent from my iPhone using LMF


#5

A

ACDDURHAM

I would look for someone with a bush hog and sub it out. Not much money in it but sometimes worth it in equipment breakdown costs. It's much faster and safer too. Usually we take a walk about the property to inspect for boulders, holes, car parts and junk people dispose of in tall grass or weeds. Good luck !


#6

Ric

Ric

kirkny1018 said:
is there any problems dealing with a realty co and whats the best way to get ther account
Click to expand...

If you're an independent I Personally wouldn't mess with a real estate because you'll never make any type of money. There accounts will be so far spread that you'll most likely use up any profits in gas.


#7

J

Jmath555

Do you know where I can get a good sample/ template proposal for banks?




Carscw said:
First off your going to have to have a million $ liability insurance. You can get for around $500 a year.
You need to write up a proposal of a price per yard up to a acre grass up to one foot tall them how much per foot over one foot tall.

How much per first cut and bush trimming. Then how much per biweekly cut.

And realize your not going to get full price for these yards.
I have contracts with banks they pay me $35 per yard and I sub them out at $25 does not sound like a lot of money but at 200 yards a week it adds up fast

Most banks or realty co are going to pay 30 to 45 days after you bill them
Click to expand...


#8

Mid TN Lawn

Mid TN Lawn

General liability insurance min. Policy price has been 750.00 per year for over 20 years so how do you buy any policy for 500. Plus you get audited every year.


#9

exotion

exotion

Mid TN Lawn said:
General liability insurance min. Policy price has been 750.00 per year for over 20 years so how do you buy any policy for 500. Plus you get audited every year.
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Uhmm mutual family insurance here in spokane 500 a year for me as a sole prorietor ..... They said it goes down a few dollars every year you are accident free


#10

Mid TN Lawn

Mid TN Lawn

exotion said:
Uhmm mutual family insurance here in spokane 500 a year for me as a sole prorietor ..... They said it goes down a few dollars every year you are accident free[/QUOTE
They audit your books end of year and charge you final amount based on dollar volume no insurance companies here will write without 750. Down I have shopped policies almost every year for 25 years
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#11

Mike88se

Mike88se

Good thread. I know what I don't want to do now ;)


#12

Carscw

Carscw

Mid TN Lawn said:
General liability insurance min. Policy price has been 750.00 per year for over 20 years so how do you buy any policy for 500. Plus you get audited every year.
Click to expand...

I have never paid more than $500 a year.
One mil general liability.
Errors and omissions.
And four other company's as certificate holders so when I do work for them as a vendor they get the money.

My wife is the owner of the company = tax breaks, better chance at getting big contracts,

We don't need workers comp as we sub everything out.


#13

Carscw

Carscw

Doing foreclosed homes is not for everyone. But if you know what your doing you can make a lot of money.
Winter is always a little slow. We are only doing 30 a week right now.
Already have 82 work orders for feb 1st in Chattanooga tn.


#14

L

LoCo86

Carscw said:
Doing foreclosed homes is not for everyone. But if you know what your doing you can make a lot of money. Winter is always a little slow. We are only doing 30 a week right now. Already have 82 work orders for feb 1st in Chattanooga tn.
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Glad to see you're making your way to my neck of the woods. There are tons of foreclosed homes up here. You should be able to get all the work you want to keep those sub- contractors busy.


#15

Mid TN Lawn

Mid TN Lawn

Carscw said:
I have never paid more than $500 a year. One mil general liability. Errors and omissions. And four other company's as certificate holders so when I do work for them as a vendor they get the money. My wife is the owner of the company = tax breaks, better chance at getting big contracts, We don't need workers comp as we sub everything out.
Click to expand...
Workers comp is additional policy from general liability. What type of ownership or fact you sub makes no difference on insurance you will get audited and you pay based on dollar volume not profit but sales.


#16

Carscw

Carscw

Mid TN Lawn said:
Workers comp is additional policy from general liability. What type of ownership or fact you sub makes no difference on insurance you will get audited and you pay based on dollar volume not profit but sales.
Click to expand...

I think everyone knows that workers comp and general liability is not the same thing.


#17

BHLC

BHLC

Carscw said:
I have never paid more than $500 a year. One mil general liability. Errors and omissions. And four other company's as certificate holders so when I do work for them as a vendor they get the money. My wife is the owner of the company = tax breaks, better chance at getting big contracts, We don't need workers comp as we sub everything out.
Click to expand...

E&O and liability only $500??? E&O for us is $1000 and liability is $760! No claims! Who is your carrier? I can't believe it.


#18

Mid TN Lawn

Mid TN Lawn

I cant believe it either because on commercial general liability there has been a 750. Min yearly premium for at least 15 plus years. policy amount really does not matter 1 million or 3 million we pay less than 50. For second million in coverage city requires 2 million here now.


#19

Carscw

Carscw

I am thinking you are getting Insurance as a contractor that covers everything.
Even tree work.
The less you claim to do the less you pay.

Last year safeguard properties said all venders had to get Insurance from one of the 3 company's they picked I called a 3 and said no way not at twice the price.

I have been with Montgomery. Insurance for 3 years now.


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