Any Guys in the REPO business??

[RebDuck]

I am starting a repossession company with my Brother and wanted to see if I could pick someones brain who is already in the business about what lifts to buy/software and other issues.. Any help would be appreciated. Thanks in advance

[Jeffro B]

I would start with getting a Glock 45!

[4dawgma]

If you need some "muscle" give me a holla.

[deltadukman]

Ive had guys call my office thinking they were going in it. Insurance(propper) is expensive. Just one repo truck usually runs $8-10k annually.

[donia]

^^ is that from the risk that goes w/being repo man or because the equipment on the truck is so expensive?

[deltadukman]

Both. As well as you become responsible for anything "on hook". And the amount isnt just $5k beat up cars. The limits the companies you contract with make you have(and they need) are pretty stout. Its a litigeous business for sure.

[huntersmky]