Starting a Water Damage Restoration Company in 2024? Here's what you need to know

Starting a Water Damage Restoration Company in 2024: What You NEED to know! 🔥

In today's video, we're diving into the essential steps you must take to launch your own water damage restoration company in 2024.

Times have changed, but we're here to guide you through the process, from avoiding common mistakes to securing the necessary equipment and certifications.

💧 What's Covered in This Video? 💧

🚫 Mistakes to Avoid: Learn from the errors of the past and save yourself time and money. From avoiding unnecessary websites and logos to understanding the real essentials, we've got you covered.

🛠️ Essential Equipment: Forget about splurging on expensive gear. Discover the two crucial tools you need to kickstart your business and how to acquire the rest as you grow.

💼 Financial Considerations: Understand the capital required to get your business off the ground, including certification costs and operating expenses.

🎓 Certification Requirements: Get insights into the certifications you'll need to excel in the field and why hands-on experience trumps theoretical knowledge.

🔑 Key Takeaways: Learn about the importance of experience, embracing mistakes, and seeking guidance to navigate the complexities of the restoration industry successfully.

✅ Ready to Take the Plunge? ✅
Whether you're a seasoned business owner considering a pivot into restoration or a newcomer eager to carve out your niche, this video is your roadmap to success. Don't miss out on the opportunity to build a thriving water damage restoration business in 2024.

🔔 Like, Subscribe, and Share! 🔔
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#xactimate #shaneodazier #insurancerestoration

[kevinf]

Totally agree with the comment about the need for a WRT/ASD course. Also the fact that it is a lot like the operating room vs being a field medic or corpsman. I’ve been teaching WRT/ASD for 20 years and I have seen countless new companies come through our program and be successful.

I love your counterintuitive suggestions- no equipment, no logo, etc. Not having insurance scares me a bit, but I guess you could get it set up and then call your agent on the way to the first project.

Keep up the good work. I recommend your channel to all my classes.

[abduttawwaabmuhammad]

Hey man, I love the energy. Dont stop posting

[trigg]

Great advice Shane. IMHO the information about leads is the biggest thing. I would love to learn more from you about building a lead strategy.

[mikecrawford]

Don’t buy a piece of equipment until you have a job to put it in that will pay for it . For example 1 week of time for a 600 cfm negative air will buy that machine. Now you have it for free for your next job that’s the best way to acquire equipment over time

[garyabe]

My partner and I started a couple months ago and we’ve been flooded with work. We have an accountant, mit tech and laborer. My partner and I wear many hats. At times we walk jobs, advertise, do mit work, pack outs and whatever else comes with owning a full service restoration business. However, our biggest area of need is getting estimates out for mit/recon and dealing w adjusters/ TPA’s. Would your next hire be an estimator, GM or Mitigation manger ? GM’s and estimators cost more but are more available than MIT techs/Mit managers.

[lowfatlatte]

my advice is go work for several companies first. They are always short staff and need people. It will be hell, but thats the best training there is.

[WillieStanley-hz]

Shane literally just got a job I have a dehumidifier and one fan been a technician for four.

[willhuddleston]

Memphis TN, been selling roofs for the last 5yrs and doing well at it but I know there is so much money I could make by owning a mitigation company

[nataecolvin]

Before i actually watch based on the comments within this years video compared to last years seems worth the watch we shall see !

[cmass]

Where do we sign up for the $500 course you mentioned?

[TravisAllen-ksgo]

What insurance company should I contact for business insurance?

[TravisAllen-ksgo]

I need work!!!! I got the van. I have a brand new XL Flood Pumper for sale

[travisallen]

Great advise is being given. I wish I had this advise 2 years ago at least lol

[travisallen]

Va made it mandatory to be mold certified. Google requires u to have General Liability. I did my first job like u said. I'm still in the initial phase and need more leads.

[justlive]

Should I buy a Serv pro franchise instead of starting my own ??

[lindsaylouwhoXXX]

Hi Shane! Is there somewhere I can hire technicians that specifically have those certs already? I'm trying to build a team but don't know where to loo besides the basic job search engines and those get absolutely no where. Any advice?

[victorayala]

Hey man, your videos are awesome. I was wondering if I can get some more knowledge I live in Chicago I want to start my own restoration company. I’m ready to pay you for your time.

[elyonny]

What kind of licenses do you need to start a company in california?

[FitnessJay]

What type of vehicle do you need

I have a Chevy Colorado

[mikes.]

Shane, how do I schedule a call with you? My dad and I are considering a franchise but I’d like to talk to you about this.