A repo man can make $100-$500 each time he repossesses cars that buyers can’t afford. If you have tough skin and a burning desire to work for yourself, this may be the right career for you.

Here are 4 important questions to ask yourself if you want to become a repository man:

Question #1 – Am I willing to invest time and money to learn the business?

In most states, you don’t need formal training to become a repo man. However, to learn the skills of the trade, you will need to invest time and money in remedial courses and practical training.

You may also want to get a job with a recovery company in your area before starting your own repo business. It is much easier to learn from seasoned professionals than to learn on your own through trial and error!

Question #2: Am I a natural detective and AI problem solver?

Many buyers who know their car is going to be repossessed will go to any length to avoid it. That’s why, as a repo man, you’ll need to use investigative and problem-solving skills to track down debtors and their vehicles.

Banks are willing to pay up to $500 per garnishment because it’s not an easy job!

Question #3 – Do I have thick skin and a no-nonsense attitude?

Although most garnishments occur at night when debtors are asleep, you are likely to run into angry people. It is important that he possesses a calm and no-nonsense demeanor tempered with professionalism. If you can’t take verbal abuse (or threats of physical abuse) from angry people, this career is not for you.

On the other hand, if you can stay calm and defuse tense situations, you just might have what it takes.

Question #4 – Do I have patience?

Some nights you might get lucky and get four cars back. Other times, you can go days without finding a single car. You’ll have good days and bad days, but it’s the good days that make it all worth it!

Successful repo men know that while it is a lucrative business, you need to invest time, invest money, have patience, and have a tough skin to succeed!