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post #1 of 5 (permalink) Old 11-03-2014, 05:01 PM Thread Starter
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Been conversing with a roofer on another forum regarding a potential screw job he is getting. He was contacted by a sub working for a regional under Fannie, so there are already three bites out of the pie. The sub low balls him the roof work under the scheme that he can upcharge for extras to make up his money. The roofer wouldn't have done the jobs for the rate he was quoted per square, but it was for multiple roofs with the idea he would make his money on the add ons. A little unsure about all of this, he writes up contracts for the sub above him to sign, including the additional work. Payment was to be rendered in 14 days. Well, lo and behold it is 30 days and counting and he was informed all work above and beyond the original order has been declined. It looksas well like the roofer's guy has reverted from paying him in 14 days to "you'll get paid when I get paid". I expect he will sue the sob that drew him into this deal and attempt to lien the properties; who knows how that will work out. Just another of many examples of the bad apples in the preservation industry, and how even private contractors are not always immune.
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post #2 of 5 (permalink) Old 11-03-2014, 06:38 PM
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Been conversing with a roofer on another forum regarding a potential screw job he is getting. He was contacted by a sub working for a regional under Fannie, so there are already three bites out of the pie. The sub low balls him the roof work under the scheme that he can upcharge for extras to make up his money. The roofer wouldn't have done the jobs for the rate he was quoted per square, but it was for multiple roofs with the idea he would make his money on the add ons. A little unsure about all of this, he writes up contracts for the sub above him to sign, including the additional work. Payment was to be rendered in 14 days. Well, lo and behold it is 30 days and counting and he was informed all work above and beyond the original order has been declined. It looksas well like the roofer's guy has reverted from paying him in 14 days to "you'll get paid when I get paid". I expect he will sue the sob that drew him into this deal and attempt to lien the properties; who knows how that will work out. Just another of many examples of the bad apples in the preservation industry, and how even private contractors are not always immune.
Oh Please do tell the name of the regional.
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post #3 of 5 (permalink) Old 11-03-2014, 07:22 PM Thread Starter
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Waiting on a PM. One point I wanted to make was how some preservation contractors get so caught up in the spell of the regionals. 60 days payouts, cut invoices, etc are the normal for them because thats' the only contracting they have really done. They accept it and ask for more.

This guy has been in the private construction trade for a long time. Guys who have dealt with the Government before think they know how to play the game. What they don't see with Fannie/Preservation are all the vipers waiting for the next mark to come strolling along. So, right now this guy is getting a cold slap in the face.

Old timers on this forum don't sit at the feet of the Nationals with their hands cupped, waiting for some gruel to drop out of SOL Preservation's mouth, so our replies may sometime seem a little harsh. I know what earning real money is; that's why I always advise avoiding these crooks.
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post #4 of 5 (permalink) Old 11-03-2014, 09:46 PM
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Originally Posted by GTX63 View Post
Waiting on a PM. One point I wanted to make was how some preservation contractors get so caught up in the spell of the regionals. 60 days payouts, cut invoices, etc are the normal for them because thats' the only contracting they have really done. They accept it and ask for more.

This guy has been in the private construction trade for a long time. Guys who have dealt with the Government before think they know how to play the game. What they don't see with Fannie/Preservation are all the vipers waiting for the next mark to come strolling along. So, right now this guy is getting a cold slap in the face.

Old timers on this forum don't sit at the feet of the Nationals with their hands cupped, waiting for some gruel to drop out of SOL Preservation's mouth, so our replies may sometime seem a little harsh. I know what earning real money is; that's why I always advise avoiding these crooks.
In my past career I was a project manager, sales manager, Contracting engineer, Sales manager, and National Director of Sales for large construction companies doing multi million dollar projects some private and some for the government.

I never saw anything like the abuses I witness everyday in this industry. Legislation will come and when it does the entire game will change.
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post #5 of 5 (permalink) Old 11-04-2014, 02:53 PM
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Screw that, find the lien holder and hold a video conference from the roof top with a shingle stripper in your hand - this business has way to many people that should be taken for a ride in the desert.
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