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Updated over 3 years ago on . Most recent reply
Cox Service Agreement - Is it a scam?
Hello Investors!
My company owns and manages a 100+ unit apartment complex in Oklahoma City. Cox, a local service provider, has approached us asking us to sign an 8 year contract in exchange for a $10,000 upfront payment in addition to $1,000 quarterly payments.
Does anybody have any experience with them? I am very skeptical of an 8 year contract to begin with and I want to see if anyone in the BP community has a better idea of what the catch is.
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Bjorn Ahlblad
#5 Multi-Family and Apartment Investing Contributor
Pro Member
#5 Multi-Family and Apartment Investing Contributor
- Investor
- Shelton, WA
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Bjorn Ahlblad
#5 Multi-Family and Apartment Investing Contributor
Pro Member
#5 Multi-Family and Apartment Investing Contributor
- Investor
- Shelton, WA
@Evan Naranjo welcome to BP. Congrats on such a large property! I would not sign an eight year contract with anybody for anything! I have no experience with the company but that does not really matter.