Something Different Ferrandino & Son - REO Property Preservation Forum
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post #1 of 33 (permalink) Old 11-10-2014, 04:54 PM Thread Starter
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Something Different Ferrandino & Son

http://www.ferrandinoandson.com/

A contact we had with a national left and went to this company. They have been sending me work every week. We are still being cautious and of course we haven't been payed yet. Their terms are net 60 which for us isn't that unusual. All the work has been commercial and we have charged trip charges to bid the work. Added in our mark up etc. I just got an approval for 20 ceiling tiles for $500.00. I've had a few others that were pretty high as well and I'm getting $150.00 trip charges to bid the jobs.

Not real sure how this is going to pan out but right now it looks interesting. It's sad that we are so jaded that something like this comes along and all I can think of is how I'm going to get screwed. Preservation will brain wash you!
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post #2 of 33 (permalink) Old 11-10-2014, 06:19 PM
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Don't get in 2 deep with them. I did a bunch of commercial snowplow on cvs stores and still waiting on payments from over year ago
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post #3 of 33 (permalink) Old 11-10-2014, 08:13 PM Thread Starter
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Don't get in 2 deep with them. I did a bunch of commercial snowplow on cvs stores and still waiting on payments from over year ago
Same outfit?
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post #4 of 33 (permalink) Old 11-10-2014, 09:34 PM
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Yep same outfit.

Check plowsite.com they owes contractor hundreds of thousands
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post #5 of 33 (permalink) Old 11-10-2014, 10:41 PM Thread Starter
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Yep same outfit.

Check plowsite.com they owes contractor hundreds of thousands
Thank you for the info. I will be checking that site and we will put them on hold until we get paid on everything we have done thus far.

I really appreciate the heads up!
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post #6 of 33 (permalink) Old 11-11-2014, 03:09 PM
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Was gonna say that too, plowsite.com , good days worth of reading there.
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post #7 of 33 (permalink) Old 11-11-2014, 03:31 PM
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You aren't kidding. There are at least three threads on the first page about them with 100+ posts. Bad juju.....
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post #8 of 33 (permalink) Old 11-11-2014, 05:57 PM
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Maybe they are taking the plowing money and paying for rehabs???

The national providers for plowing are much like nationals and regionals for preservation type work. Paperwork, IVR system check ins, pictures etc... all BS in my opinion when dealing with lawn and snow for a customer. Some landscape companies are unaware that unless i's are doted and t's are crossed you don't get paid, that's where some of those negative comments come from.

The other negative comments can be related to the end customer simply not paying for lack of service or not filling proper paperwork. The contracts are typical - paid when paid, you can't sue us type contracts.

Here's my final national provider experience in landscaping: I was contacted by AGMG to maintain a Bob Evans, the price was OK, we were in the area and took the deal. The local customer, Bob Evans, was very happy, national Bob Evans wasn't happy with a few other locations as it relates to Fall clean up and irrigation blow outs - so, national Bob Evans decides to not pay AGMG who in turn doesn't pay us. Why didn't I get paid? I did everything they asked and then some, local management was happy as pie, heck, we still work for them - only direct now though. I didn't get paid because of someone else's lack of something - whatever that was the courts will decide.

Working for ANY middle man exposes you to anyone else's mistakes - by signing and agreeing to the one sided contracts you basically are working on hope..........

I only hope you aren't to far into them and that they make good on anything you've done.
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post #9 of 33 (permalink) Old 11-11-2014, 08:24 PM Thread Starter
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I spoke to 3 different contractors today who are doing the commercial work like we have been and they are all "Claiming" they are getting paid and paid well. I also have the girl there who I have worked with for years and I trust her not to KNOWINGLY steer me wrong. I received a million reassurances from management today.

Here is the thing they are paying us WAY too much for these jobs. The approvals we are getting don't make sense. Today they approved two of my bids totaling just under 30,000.00. I managed to get a look at the other contractors bid before I put out my number so I know I was lower.

Now I am in a conundrum I'm not one to believe that ALL of these people are incompetent. I saw several complaints on rip off reports and a few other websites.

I feel like my only play here is to ask for money down and or speedy payment to establish a track record.
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post #10 of 33 (permalink) Old 11-12-2014, 06:48 PM
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What's your states lien laws?? Easily done without courts involvement?

In MI we have to file a bunch of paper BEFORE doing the job, then if not paid, you simply file the lien. Banks or whomever you work for makes you sign a lien waiver when paid..

It seems you've been around the block more than once. If it were me, I'd try to get materials up front on jobs with more than 10k in materials but we all know how hard that is - maybe sell it as earn my trust, there's a lot of bad mojo out there. I'd also file the paperwork and the lien till paid - with being how easy it is in this state.

I really believe the commercial snow/lawn problems are about 50% self brought on by not understanding what preservation contractors do every day in regards to paperwork/pictures. The other portion can be missing details by anyone or intentionial shortage - like BOA used to short 10-15% every month....

Someone wanted us to plow a Chase bank for marginal money - they have this new phone app for tracking, B/A pics of sidewalks and parking lots. Not a chance in heii am I doing that because I see the writing on that wall - my employees forgetting to take the pic, their pay by the minute phone not work or someone else's failure - no thanks, I don't need the money.

Maybe you latched onto a great deal and can bury a few more full coffee cans out back - I hope so, just cover your ass as best you can, curious to hear how it works out.
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