If you’re new to the repossession business, the first thing to know is how to go about repossessing vehicles as efficiently as possible, but within the limits of the law. It’s imperative that you follow the repo rules and regulations for your state closely as a legal...
Dependable tow trucks are the cornerstone of a successful repo business, so whether you’re growing your fleet, replacing a truck, or just starting out, it’s vital you invest in the right tow truck to meet your needs. This can be a daunting task, however. While...
A big part of the repossession business involves using research and investigative skills to track down delinquent parties, as well as the property they’ve neglected to pay on (and neglected to give up). Finding the correct contact information is key to finding the...
Here’s something that might be a surprising fact: Not all tow trucks are alike. There are actually different types of tow trucks, each with different applications. Knowing which type would best meet the needs of your towing or repo business plays a big role in...
How to Become a Repo Man in Michigan It happens all the time: people are unable — or just plain refuse — to pay for property, whether it’s cars, trucks, or motorcycles, but try to keep that property in their possession. The company they owe has no choice but to enlist...
Starting a repo business is difficult. Maintaining a repo business is difficult. Growing a repo business is difficult. No successful business is built overnight, but if you want your repo business to be a success, you must keep looking for new ways to do better work,...
If your next job involves motorcycle repossession there are a few things you should know before you get started. First, it’s important to understand that every state has different laws regarding the vehicle owner’s rights and what you can and can’t do when performing...
Lenders shift around with repossession agencies all the time, and while this may be bad news for you if you were recently dropped, it means that more contracts are out there and they’re easy to get — if you know how to find them. Let’s talk about how to get repo...
When you're looking at tow truck options for your repossession company, profitability is key. You want to invest in the products and equipment that can deliver you the greatest profits, but it's not always easy to see which options are best for your company. If you're...
Towing can be a very dangerous job. Tow truck drivers face many threats in a typical workday, from the danger of being hit when trying to recover a vehicle, or being injured from accidents involving road debris, chemical spills, or even their own equipment. Improper...
Starting a repo agency or working as a freelance repo agent are great ways to start a career where you’re fully in charge and autonomous. When you own a business, you set your own hours and you call the shots. Like any job, vehicle repossession requires training to...
Purchasing a new truck is a big decision, especially if you need a truck for a specific application, like hauling or towing. If you’re looking for a tow truck that can handle light-duty towing associated with roadside assistance or vehicle repossession, there are a...