Its and HOA they will be late as they usually have volunteers running the show. But even with the HOA that have a prop management co. they still seemed to pay slow. Many Commercial Props are slow pay.. I would have been happy if ALL my hoa's I had were juts slow pay. Most of the HOA EVERY SINGLE Homeowner had this sense of ownership and felt that i was their personal slave.

Next years contract, specify payment details, but it won't bother them any, they will still pay late.

 

Put payment terms on the invoice! Give the association a call and ask them why are we so behind (politely). Tell them you preferred to be payed within 30 days!

 

Some of us did try and tell you guys time and time again not to go messing with these things but
when nobody gets their arse raked over the coals folks tend to have a tendency not to listen...
Every day it was how do I bid this, how do I bid that?

Speaking for myself I finally got tired of it, I thought to myself things have got to change,
so maybe it would work better if I let them figure a few things out on their own?

That having been said and I'm sorry if that comes across rough but you're just going to have to be patient,
legally speaking there is little you can do, 90-120 days with HOA's is not at all unusual, 6 months is not unheard of.

Again I'm not trying to go out of my way to come down hard but it's a lesson to be learned,
commercial properties and payment, that's just the way it is, you will more than
likely get paid but on their time table.

You can try and send a polite, short business letter to remind them that you're a very small company and thus would
appreciate it if they might extend a payment to you as you're finding it a challenge to survive on short finances.
Can't guarantee it will work, but it's worth a shot.

In the future...
Yah I'll let you figure this part out too

But you could write on the bill "Net 10 3%, Net 30 2%" (without the quotes)
That tends to get some places to pay fast, not all, and you give up 2 or 3% as well.

 

3 weeks???

I think that would be wonderful.

I have not been paid all year from 24 Hr Fitness yet when they call they expect me to drop everything.

 

yeah you cant do to much. but i am suprised to hear so many have problems with hoa's. i have 3 and all pay within a week of sending the invoice. i had 1 that was late for a few months but it was only 4 houses and the sec. had cancer so i cut them a break.

 

I never would do HOA's. Slow pay, always looking for low bid, and HOA members a pain to deal with.
Put your terms on the invoice, call often with polite reminders that payment is overdue, and bail out of that contract as soon as possible.
Lesson learned???

 

I haven't had any troubles with mature HOAs as they do not typically have collection issues and have the cash, but new HOAs that the builders still may be running can be problematic or HOAs with a lot of vacancies / empty lots. I stay VERY FAR away from apartments as in my experience they are the WORSE in terms of receivables. With that said it is important to clearly state up front in writing payment terms, late fees and a escalation path to work stoppage if payments are not received. After all, we are not banks we are not here to finance them through their cash flow issues. If they can't pay then their is no point in them being a client.

 

I agree that you should have made sure to have payment terms in your contract. If you're dealing with a management company, call them the week that the payment is due to make sure they have written your check. If they have not, next go to the landscape chair or board and let them know that your payment is late. If you allow them to pay late, they will. It's the nature of the industry. As a last resort, you can cut off their service until you're paid.

 

You guys got it all wrong these HOAs are the cash cow for lawn cutters. They got plenty of money so just relax they will pay...get yourself a small line of credit if you are in a pinch for operating money. Just so you know paying late won't be the only problem keeping them happy but if they are happy you get to do a LOT of extra stuff.

 

I take care of 2 and they both pay within 30 days. In the interview process I stated VERY clearly that I was to be paid within 30 days or I stop work. I dont put up with any customer that chooses to go beyod 30 days. On day 30 i send out reminder letters. Day 60 I call and ask what there intention are concerning the past due bill. Day 90 i send a certified letter. Day 115 I am at the district magistrate. Keep the process simple. You will get paid one way or the other. I have never had to go to the magistrate. Usually the call gets them to react.

 

After 30 years of working for HOA's i gave them all the boot back in 2004. I will never again under any circumstances perform for HOA' they are the scum of the earth. My business has never run so smoothly and profitably since I dumped them,

 

I cut my HOA S.D. entrance and get paid on time, my wife is the treasurer which helps!:clapping:

 

I take care of 2 and they both pay within 30 days. In the interview process I stated VERY clearly that I was to be paid within 30 days or I stop work. I dont put up with any customer that chooses to go beyod 30 days. On day 30 i send out reminder letters. Day 60 I call and ask what there intention are concerning the past due bill. Day 90 i send a certified letter. Day 115 I am at the district magistrate. Keep the process simple. You will get paid one way or the other. I have never had to go to the magistrate. Usually the call gets them to react.

That is kinda silly to get all upset over late payments......sit down and figure
out what it cost if somebody is late. It is peanuts and late payers will usually pay a few peanuts if you don't badger them.

 

I would agree they are typically slow payers, but If its the 20th and I haven't received the check yet, I just show up to the office and she will say I was just thinking about you and will cut me a check right then and there 99% of the time, so why not show up to their office if they have one?

 

Every time they change HOA presidents or board members you have to build a new relationship. They always come in trying to make alot of changes because they know better than anyone else. I have been fired a few times because of a neighbors friends cousin will mow it for $20. HOAs do suck.