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REAL ESTATE RE management

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Runum

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Aug 8, 2007
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Hey guys. Been a while. I have been trying to get my new rental property refabbed and rented out. Man, getting people to do what they say they will do is difficult. I had the trees on the place cut back and am trying to get a roofer to replace the roof. Can't get the roofers to return my calls or make an estimate, yet.

Anyway, this is about my tree trimmer guy. He trimmed my trees last week and did exactly as I instructed him. Good job. OK, today I called to find out the bill for the final amount. I asked him if the guys that worked on my property were his employees or were they contract employees. They were contract employees. So I asked him to have his contract laborers each sign a release of lien for my protection when he pays them this Friday. I had a banker teach me about that potential problem many years ago. Well, they said that he would do it but they have never had to do it in all their years of being in business. Am I being too over cautious about this or am I doing my due diligence in protecting my interests?:cheers:

Greg
 

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JesseO

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Jul 25, 2007
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You are not being too cautious at all. I am in a current situation that I can't really talk about right now, but it's a similar situation that went bad. I'm 98% sure that my arse is covered, but you can never be too cautious in this situation. Good job on thinking ahead and bringing this up! ++
 

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