5 Brothers - REO Property Preservation Forum
Reply
 
LinkBack Thread Tools Display Modes
post #1 of 26 (permalink) Old 03-04-2015, 11:57 AM Thread Starter
Member
 
Join Date: Feb 2013
Posts: 90
Thanks: 1
Thanked 24 Times in 15 Posts
5 Brothers

Maybe its just me, just got a wonderful email that states no matter your state or if you work alone you MUST carry workmans comp. to continue working for the brothers..Well not me, so good bye brothers.. Then they ask if I want to finish what I have on my list, duh NO!
adorler is offline  
Sponsored Links
Advertisement
 
post #2 of 26 (permalink) Old 03-04-2015, 12:43 PM
Senior Member
 
Join Date: Apr 2012
Posts: 226
Thanks: 1
Thanked 32 Times in 21 Posts
But why don't you carry workers' comp? Do you have a personal disability policy?
JenkinsHB is offline  
post #3 of 26 (permalink) Old 03-13-2015, 10:27 AM
Junior Member
 
Join Date: Mar 2015
Posts: 9
Thanks: 0
Thanked 0 Times in 0 Posts
Check your states requirements. i know in MN if you meet certain requirements you dont need it. That was sent to 5 brothers and now they are reconsidering that it is needed. You cant buy work comp if you dont qualify unless you buy some other policy which would just be a waste in money.
Pushed around is offline  
Sponsored Links
Advertisement
 
post #4 of 26 (permalink) Old 03-13-2015, 11:08 AM
Senior Member
 
Join Date: May 2014
Posts: 218
Thanks: 36
Thanked 67 Times in 50 Posts
Quote:
Originally Posted by Pushed around View Post
Check your states requirements. i know in MN if you meet certain requirements you dont need it. That was sent to 5 brothers and now they are reconsidering that it is needed. You cant buy work comp if you dont qualify unless you buy some other policy which would just be a waste in money.
Yes, that is true. They can push it but for example we can't get WMC due to company structure and nothing anyone can do. Ins companies would not write the policy for us and our state has this scenario listed as exclusion. I am general with only subs with two owners listed in the company and I don't need to modify it due to changes in the work load and specifics of the work. We also don't do P&P
newreo is offline  
post #5 of 26 (permalink) Old 03-13-2015, 11:17 AM
Senior Member
 
Join Date: Apr 2012
Posts: 2,403
Thanks: 1,518
Thanked 533 Times in 287 Posts
Quote:
Originally Posted by newreo View Post
Yes, that is true. They can push it but for example we can't get WMC due to company structure and nothing anyone can do. Ins companies would not write the policy for us and our state has this scenario listed as exclusion. I am general with only subs with two owners listed in the company and I don't need to modify it due to changes in the work load and specifics of the work. We also don't do P&P


I am exempt here. Been i business 6 years and would have spent over 20K in this time period for WC if it was required......
mtmtnman is offline  
post #6 of 26 (permalink) Old 03-13-2015, 11:29 AM
Low quality low cost
 
Craigslist Hack's Avatar
 
Join Date: Jun 2012
Location: Every city
Posts: 2,338
Thanks: 695
Thanked 1,687 Times in 846 Posts
Quote:
Originally Posted by mtmtnman View Post
I am exempt here. Been i business 6 years and would have spent over 20K in this time period for WC if it was required......
Add another 20K for the chargebacks and no pays you would have if you worked for 5 Brothers.
Craigslist Hack is offline  
The Following 3 Users Say Thank You to Craigslist Hack For This Useful Post:
BPWY (03-18-2015), JoeInPI (06-09-2015), mtmtnman (03-13-2015)
post #7 of 26 (permalink) Old 03-13-2015, 01:40 PM
Senior Member
 
Join Date: Apr 2012
Posts: 2,403
Thanks: 1,518
Thanked 533 Times in 287 Posts
Quote:
Originally Posted by Craigslist Hack View Post
Add another 20K for the chargebacks and no pays you would have if you worked for 5 Brothers.

Had a 2 year great run with them and then it all went to hell. I quit, got ALL my $$$ and a few months later they hit me with a CB for not reporting a 4"x 2" burned spot in a wood floor on a teardown house. $165 but they didn't owe me any $$$ so the joke was on them LMFAO!
mtmtnman is offline  
post #8 of 26 (permalink) Old 03-13-2015, 02:14 PM
Low quality low cost
 
Craigslist Hack's Avatar
 
Join Date: Jun 2012
Location: Every city
Posts: 2,338
Thanks: 695
Thanked 1,687 Times in 846 Posts
Quote:
Originally Posted by mtmtnman View Post
Had a 2 year great run with them and then it all went to hell. I quit, got ALL my $$$ and a few months later they hit me with a CB for not reporting a 4"x 2" burned spot in a wood floor on a teardown house. $165 but they didn't owe me any $$$ so the joke was on them LMFAO!
I love feel good stories like this! They warm my Heart! You should change your screen name to Walt Disney!

The judge made them pay me all my money, attorney fees, and court costs!

Craigslist Hack is offline  
The Following User Says Thank You to Craigslist Hack For This Useful Post:
cfp (03-13-2015)
post #9 of 26 (permalink) Old 03-13-2015, 05:06 PM Thread Starter
Member
 
Join Date: Feb 2013
Posts: 90
Thanks: 1
Thanked 24 Times in 15 Posts
I told 5 girls that I was exempt and they did not care, they STATED you must carry workmans comp no matter what.. So after 4 years with them that is it, all done..Maybe its a way to push me out or they found a new guy...
adorler is offline  
post #10 of 26 (permalink) Old 03-14-2015, 08:03 AM
Senior Member
 
Join Date: Apr 2012
Location: Florida
Posts: 847
Thanks: 664
Thanked 247 Times in 151 Posts
Quote:
Originally Posted by adorler View Post
I told 5 girls that I was exempt and they did not care, they STATED you must carry workmans comp no matter what.. So after 4 years with them that is it, all done..Maybe its a way to push me out or they found a new guy...
Consider it a blessing!
JDRM is offline  
The Following 2 Users Say Thank You to JDRM For This Useful Post:
All Island Handy (06-10-2015), BPWY (03-18-2015)
Reply

Quick Reply
Message:
Options

Register Now



In order to be able to post messages on the REO Property Preservation Forum forums, you must first register.
Please enter your desired user name, your email address and other required details in the form below.

User Name:
Password
Please enter a password for your user account. Note that passwords are case-sensitive.

Password:


Confirm Password:
Email Address
Please enter a valid email address for yourself.

Email Address:
OR

Log-in










Thread Tools
Show Printable Version Show Printable Version
Email this Page Email this Page
Display Modes
Linear Mode Linear Mode



Posting Rules  
You may post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On

 
For the best viewing experience please update your browser to Google Chrome