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  #11  
Old 11-26-2012, 09:37 PM
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but think of the entertainment value you gained
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  #12  
Old 11-27-2012, 11:28 AM
Kiril Kiril is offline
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Originally Posted by Mike Leary View Post
A big selling point for us was warranty; anything we screwed-up, we'd fix, n.c., forever. On quality equipment, I gave a ten year warranty. You can imagine the money I lost during the Weather-Matic solenoid fiasco.
Ditto Dad, although most of the equipment in todays world is a heap of shiit and 10 years is a bet your going to lose more times than not.
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  #13  
Old 11-27-2012, 02:21 PM
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1idejim 1idejim is online now
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Originally Posted by greenmonster304 View Post
Well last year I did an install and got screwed out of about $2500. Apparently the owner owes money to just about everyone who worked on the project including the GC who is owed about $100,000.00. The GC has been fighting to get his money but so far hasn't got it.

As it turns out a long time customer of my brothers has been renting this house for the past year or so after selling his other estate to a certain NY mayor. The condition of his rental was the owner was supposed to make certain changes and repairs which were never done so he has with held over $100,000 in an escrow account. After living in this house he learned about how many people the owner has screwed. So he has hired a good lawyer and is going to bat for all the subs in hopes that he can take the escrowed rent money and pay it out directly to the subs. It's nice to know there are rich people that still care about the little guy.

My bro is in the process of doing a major planting at his new house and I am slated to do the irrigation so I guess I will give him a good deal.
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I can't imagine a general allowing himself to get $100,000 down on a residential job.
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  #14  
Old 11-27-2012, 05:28 PM
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Originally Posted by 1idejim View Post
I can't imagine a general allowing himself to get $100,000 down on a residential job.
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Not unheard of on a 10 million dollar project.
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  #15  
Old 11-27-2012, 06:51 PM
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Originally Posted by greenmonster304 View Post
Not unheard of on a 10 million dollar project.
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The total value of the contract is irrellevant.
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  #16  
Old 11-27-2012, 06:55 PM
SoCalLandscapeMgmt SoCalLandscapeMgmt is offline
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Originally Posted by greenmonster304 View Post
Not unheard of on a 10 million dollar project.
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I had a couple of projects where the landscape, irrigation and low voltage lighting alone was $1mil. We were billing out progress payments in increments of $75K to $100K, sometimes larger. On the larger projects that's just how the money flows.
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  #17  
Old 11-28-2012, 04:11 AM
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Originally Posted by SoCalLandscapeMgmt View Post
I had a couple of projects where the landscape, irrigation and low voltage lighting alone was $1mil. We were billing out progress payments in increments of $75K to $100K, sometimes larger. On the larger projects that's just how the money flows.
GM's post sovnds like the time frame is long though.
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