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#1 |
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Marketing Director
Trade: Fire Restoration Contractor
Join Date: Jan 2009
Location: CT
Posts: 9
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Fire Restoration Business
I know things are slow for contractors at this time, I recommend they get into the Fire and water restoration business, its very busy from emergency services to recontruction of homes and commercial buildings. Its ression proof, the insurance industry spends a lot of money repair these homes that suffered losses.
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| The Following User Says Thank You to tmelan For This Useful Post: | RAY PAGE (01-25-2009) |
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#2 |
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Dufus Extrodinaire
Trade: Residential Renovations
Join Date: Jan 2009
Location: Ontario, Canada
Posts: 159
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Re: Fire Restoration Business
Is it that simple to get involved with the insurance industry? Perhaps you can provide some wisdom to all the contractors here as to how they can get on board that easily...well...cause it AIN'T..is not...isn't
Here in Canada insurance companies and their adjusters have a punch list of Fire & Water/Disaster Recovery companies that they use - normally recognized by franchise. If a franchize' does the G/Cing you still have to jump through hoops to get on as a subtrade for any phase of the work. Been there done it and still do it. Maybe it's "simpler" in the US but I highly doubt it. Some wisdom perhaps??
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#3 |
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Marketing Director
Trade: Fire Restoration Contractor
Join Date: Jan 2009
Location: CT
Posts: 9
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Re: Fire Restoration Business
But anything where you can make a lot of money is not easy, I started my company in NY and thats a tough market but I hated hearing NO so I figured out ways to get in and get on preferred vedder list and I did very well but its takes time, I am putting together a small handbook on how to do it and make real money.
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#4 | |
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Pro
Trade: contractor
Join Date: May 2006
Location: east
Posts: 3,309
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Re: Fire Restoration BusinessQuote:
wait a minute ... a "handbook ... on how to do it ... makin some real money" So this tells me that you don't make any "real money" in the fire restoration business --- you're just writing a book about it... Hence, why in the hell should anyone listen to you in the first place??? It also tells me that this whole thread is ... just a "plug" ... an advertisement.
__________________
Thanks in advance!!!
Last edited by dirt diggler; 01-20-2009 at 07:37 PM. |
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#5 |
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Pro
Trade: Plumbing, heating, real estate, general contractor
Join Date: Oct 2008
Location: Los Angeles
Posts: 853
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Re: Fire Restoration Business
There are several fire departments where the fire department dispatch center automatically sends you an email alert when a fire truck is dispatched. You can even filter out and receive only specific type of dispatches, such as fire, flooded home, vehicle accident, or medical emergency. I was getting these alerts from a city near San Francisco, but I am in Los Angeles. A few years ago, Los Angeles was considering the same system but claimed they lacked funds.
I used to use a fire department scanner and listen to the calls. This worked out well when they had one transmitting and receiving frequency. Today, they transmit and receive on different and alternating frequencies, and you can only hear one side of a dispatch. Look for stations with email alerts and go for the water extraction and board up. If you are a good salesman, you can take the jobs away from the companies the insurance companies refer. We do and we tell the customer they do not have to use the company referred. They should choose the company that will give them the best job and the best bang for their buck. The insurance adjuster is suppose to estimate the cost for repairs. When the adjuster is low, we present the customer with what we think is the correct price and we convince the customer to either pay the additional, or press the adjuster for more. Several times, we had our customers hire a private adjuster and they got twice as much money. One thing you have to tell your customer is nobody represents him. Make your customer think twice before he accepts less than what he is entitled to. The insurance companies are in hot water for giving referrals and for price-fixing. Last year, a few lawsuits were filed against some insurance companies. We (you) are entitled to our fair share of the work and there has been a conflict-of-interest that needs to be resolved. |
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| The Following User Says Thank You to pcplumber For This Useful Post: | INTRA (01-29-2009) |
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#6 |
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Pro
Trade: Residential Remodeler
Join Date: Dec 2007
Location: Midwest
Posts: 893
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Re: Fire Restoration Business
I can tell you the water restoration business is easy to get into and you can make a fortune. The gimmick is that you have the machines earning the hourly wage for you. I watched a friend closely start his right out of college 9 years ago and is now set up in 5 major cities in 4 states. I wouldn't even hazard a guess at his net worth but it's enough to double you over and puke. It's all insurance money so if you can get to the job first when the pipe bursts you get the job. 90% of his calls come after midnight though. It's all about response time. A full page add in the yellow pages is a must at minimum.
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#7 |
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Marketing Director
Trade: Fire Restoration Contractor
Join Date: Jan 2009
Location: CT
Posts: 9
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Re: Fire Restoration Business
Its a big business I owned 200 fans and dehumidifiers and they made money day and night. You make money when you sleep. and by the way the handbook is free, I made my money already.
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#8 |
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Pro
Trade: Cabinetry
Join Date: Dec 2008
Posts: 161
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Re: Fire Restoration Business
There was a period of time when I used to do pretty well in the fire and flood damage market being a cabinet repair man.
The contractor would convince the insurance companies that the entire kitchen needed to be replaced. Once the adjuster gave them the OK, the contractors would hire me to come in and make alterations to the damaged cabinetry. There were many jobs where I was hired to tear out only the toe bases and rebuild them without taking the cabinets out. What a pain that was. That was about 6 years ago. I understand that the mold has become such a huge issue that that probably wouldn't fly very well in relation to today's standards. |
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#9 | |
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Pro
Trade: Residential Remodeler
Join Date: Dec 2007
Location: Midwest
Posts: 893
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Re: Fire Restoration BusinessQuote:
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#10 |
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Contractor
Trade: Remodeling & Home Additions
Join Date: Sep 2006
Location: Delaware
Posts: 2,434
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Re: Fire Restoration Business
wouldn't removal or drillinging holes be dependent on type of cabinet? If it's particle board the swelling's probably already destroyed it.
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#11 | |
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Pro
Trade: Contractor/ Business Owner/ Entrepreneur
Join Date: Mar 2005
Posts: 937
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Re: Fire Restoration BusinessQuote:
Thanks! Jesse Last edited by fez-head; 02-17-2009 at 07:29 PM. |
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#12 |
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Member
Trade: electrician
Join Date: Feb 2007
Location: NJ
Posts: 52
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Re: Fire Restoration Business
I am waiting on a phone call (any day I hope). I have been trying to get the electrical projects for fire/water damage claims for about a year now. This particular insurance company has been having a tough time with their current electrical contractor (consistantly failing inspections, poor customer relations) and is currently looking for a new one. My way into this work will be because of a refferal from one of their current GC's.
The good......you will be paid in full without any problems. The bad......long wait (sometimes many many months) for progress payments. I have said this before in other posts ......most if not all of my work these days (and yes I am keeping busy this winter) is based on referrals, reputation, and networking.....and oh yea...... this site helps out a bunch too. Screw the how to books, advertising, flat rate books or other crap that people try to sell you. |
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#13 |
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Pro
Trade: Residential Remodeler
Join Date: Dec 2007
Location: Midwest
Posts: 893
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Re: Fire Restoration Business
It's the subfloor that they want dry. The cabinets are in the way of drying it to a satisfactory level. (In my opinion and many other contractors opinion)
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#14 |
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DGR,IABD
Trade: Electrical; Commercial and Residential Service
Join Date: Mar 2005
Location: Central PA
Posts: 9,680
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Re: Fire Restoration Business
If you get that handbook made, put me on your list... free or not. I want one. mdshunk*at*comcast.net
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#15 |
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Pro
Trade: Remodeling, Replacement windows,
Join Date: Nov 2006
Location: Baton Rouge
Posts: 151
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Re: Fire Restoration Business |
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