Change Happens … They Keep Moving The Cheese … Cheese Being Jobs

You need to smell the cheese … cheese being jobs … often so that you know when it is getting old. About 20 years ago, mortgage inspections paid 200% more than they do today. Mortgage inspectors were paid $1.50 for each photo… not many photos were required. There were no fees paid by the inspector for a background check or E&O insurance. That has all changed. The mortgage inspection cheese today is old and  it smells bad. The average mortgage inspection pays about $3 with a profit of “maybe” $1.50. They are too much work for the money.

Change … move with the cheese. Enjoy change … savor the adventure and enjoy the taste of new cheese. The new cheese today is commercial and insurance inspections. The large majority of firms offering these inspections will not ask you to pay any background check fees or purchase any insurance. Keep moving with the cheese. Avoid the mortgage segment of the industry … the home of 99.5% of the fraud, greed and corruption in the industry.

To get started in the mortgage segment, your upfront expenses will be about $1,265 and it will take the profit from your first 833 mortgage drive-by inspections to pay these upfront costs. You may have to wait as long as 60-days for the first pay check. The mortgage segment cheese smells bad … it is old cheese. All of the Mortgage Order Mills (MOMs) are offering old smelly cheese. They are selling you a big lie. Just stop and do the math before you make any decision. The quicker you let go of old cheese, the sooner you will find new cheese. Go to your local library and check out the book. It will change your life.

1 Comment

  1. Did 1 commercial inspection today.

    Total drive time to and from site: About 75 minutes w/rush hour traffic (sadly).
    Total time spent on the site: About an hour.
    Total time spent putting the photos and report together to upload: About an hour.

    Pay for this inspection: $225 for a little over 3 hours of easy, relax-paced work.
    Equivalency for mortgage inspections: I had $5 per, so 45 would be needed which would take 6-8 hours of consistent driving & filling out along the way to get. $3 per? 75 which would take 10-12 hours plus to complete in my area.

    Added caveat? Turns out part of the building is being renovated into a new craft brewery. I’m going back when they open.

    Take it from someone who’s been there: don’t get into mortgage inspections now!

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