So, after busting my butt in the working world for the past 26 years and the last straw of “So long and thanks for all the fish” laid off, decided time to take things into my own hands. This is something I had been contemplating for quite some time. Between in-laws and my Dad’s side of the family, a strong home building back ground, plus my own research and work on my home as well as friends. So definitely no dummy. And about to sign up here for the classes that are offered. As for tools, from what I have researched, I do posses many that are recommended so in that regards, start up would be minimal (Thankfully). A few questions for the seasoned folks here:
Is there a better time of the year to get the business started or is it “anytime like the present”?
I’ve seen people boast or say that you need 3 or 4 inspections per day to make it work. How true is that? Personally, I would be kind of suspect on that many inspections a day and how thorough a job they are doing.
I know the economy has been shaky, yet you hear things about the home buying world is supposed to be picking up. How do you folks feel on that?
Anyone here in New Mexico that can give input on the market here?
I’ve also heard banks have hired people to inspect or look after homes that are in foreclosure, any truth to that?
I am also looking at making the business an LLC. Is that necessary or with insurance, will that be adequate with out being an LLC?
At present, I have designed my own business cards and looking at website hosting. Plus looked at belonging to two different associations. I figure the more knowledge, the better. So, any thoughts on the questions posed or something I haven’t thought of would be greatly appreciated!