According to Pimall, repo men can earn $150 to $250 per vehicle they repossess. Their clients include used car lots, private citizens, banks, car rental agencies and car dealerships. A would-be repo man can find it challenging to break into the repo business in Georgia without proper training and tips from those already in the business.
Locate repo men working in your part of Georgia using the directories at Quick Repo and Repoman.com (see Resources).
Call these repo men and ask if you can shadow them for a day to get a taste for what working in the repossession industry feels like. You may have to call a few repo men, but one should let you observe. Ride along on a repossession, or spend a few hours tracing titles to get an overview of a typical day on the job.
Attend the Recovery Agent School in nearby Florida for an overview of the repossession business, or take their online class (see Resources). While Georgia doesn't require you to take classes, you'll get a jump start on the trade by doing so. Recovery Agent School's 40-hour program covers repossession, skip tracing, how to handle personal property and the Fair Debt Collection Practices Act.
Approach repossession firms, and ask if they need part-time or full-time help. Use the directories at Repoman.com and Quick Repo to identify firms near your town (see Resources). Some firms might hire you to perform title tracing, client billing or other aspects of the repo man trade. Over time, you can work up from office duties to perform repossession work for these clients.
Call banks, used car lots, car dealerships and other potential clients in your area if you prefer to start your own Georgia repossession business or if you can't get a job at local firms. Advertise your repossession skills and your relevant training. With persistence, you can attract your own clients in this way.