I suggest you do a little reading befor you go out in the repo world. Read this first and then, this Take your time, the more you know, the better your chances of success.
Repossession agents are not typically paid a salary, nor are they typically paid hourly. Repossession is a per unit business. That is, the repo man is paid by the vehicles he recovers. Amounts vary by the individual business.
you get started with your own business by first thinking of what you would want to do or sell in your business.
No you cannot remove a repossession off your credit report if your cosigner has a judgement on the repossession.
Meijer grocery / general merchandise store that opened in 1934 by Fred Meijer was started in Michigan, not Minnesota.
A repossession is a serious negative and will drop your scores.
To start a repossession business you must file the appropriate business license. Many repossession businesses also have insurance and a bond for their business.
All US states require the repossession agency be licensed and bonded.
www.msbcollege.edu/ is Minnesota School of Business http://www.mba360.com/business-schools-in-minnesota.html is a whole website dedicated to business schools in Minnesota. There is lots of information there about different schools.
Money, Knowledge of the laws,proper state permits and ENERGY. Good Luck
To start a repossession business in New York, first, you need to ensure you comply with state regulations by obtaining the necessary licenses, such as a repossession agent license. You should also register your business with the state and consider obtaining liability insurance to protect against potential claims. Building relationships with financial institutions and dealerships can help generate clients, while investing in the right tools and equipment for the repossession process is crucial. Finally, familiarize yourself with the legal aspects of repossession to operate within the law.
Repossession agents are not typically paid a salary, nor are they typically paid hourly. Repossession is a per unit business. That is, the repo man is paid by the vehicles he recovers. Amounts vary by the individual business.
I make them for $12 a piece. Email me at damagefreerecovery@yahoo.com
check out laws and regulations in your stae(georgia)
Get yourself a business license and some clients.
Radio station Repossession specialist (Repo man) Realtor (Realty or Real Estate business) RadioShack
There are a lot of business schools in Minnesota you can choose from such as Globe University. There well known and great business schools you can apply to because they are various colleges that you can take a college tour.
It might be easier to contact an existing repossession service such as Renovo, Inc. They contract service providers in other states to conduct repossessions in their local areas. This way, you get experience in the business, and they take care of all the red tape.