WARning to all-protect yourself - REO Property Preservation Forum
 
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post #1 of 2 (permalink) Old 07-10-2016, 04:52 PM Thread Starter
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WARning to all-protect yourself

I posted a warning about a month ago about companies bellying up. im seeing this more everyday this year, and excuses why checks are late or this excuse about something else,do not trust any company out there right now or take your chances but dont whine later.
This is even happening to companies that has been in business for 20 years or more and its just not smaller outfits.A lot will be left never seeing their money owed from companies.Its a very risky adventure anymore,just be ready for the fall,because its happening fast.
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post #2 of 2 (permalink) Old 07-10-2016, 08:30 PM
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Agreed, David.

Working in this industry anymore is like loaning money to someone- never loan more than you're ok losing. Never let those receivables get higher than you're ok losing.

Better yet, don't work for them at all, and find better customers. But yes- if you're paycheck to paycheck working for nationals or regionals, buckle up and start homesteading...

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