All Forum Posts by: Deisy P.

@Brittney Lundeen FACTS. I attended a REI networking call last night and have decided to start shopping for a PM company for now. I appreciate you. Thank you.

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@Jean H. Thank you. I really appreciate a woman's point of view on this.

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Originally posted by @Ian Walsh:

This is not a male/female oriented business. Some of the strongest and independent investors I know are women. Everyone has the internal mental strength and ability to cut it in this business.

Thanks, Ian. My post was meant for women. I know that men and female go through the same thing but I wanted a woman's point of view. I appreciate EVERYONEs input and insight. I have a lot of work to do and take full responsibility for what happened. This is the first and last time this happens. The advice I am getting here and in my inbox is gold.

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Originally posted by @Lionel Mosby Jr:

@Deisy P. I have a friend who did a fix & flip deal last year and got conned by multiple contractors ON THE SAME HOUSE! He could have definitely used "the woman of the house" to use her intuition and keep him from dealing with her. For a while after that project he was in a place to quit, but now he is back ready to go and we understand he just needed a partner to handle where he is weak. I say this to say...

You are currently in the valley of despair and success is the next phase IF you don't give up here. This is where many people fall off and lose the opportunities that are in their grasp. I would encourage you to take a deep breathe, enjoy a few days with the family & friends this holiday season and then walk through what happened & identify the actual problems. From there contemplate who or what could provide a solution for your problems. I believe what you have experienced just shows you why you need to build a team. Synergy works wonders. Don't use this to give up. Use this to find a couple or two in your area who are managing properties. Build a relationship with them, pick their brain & ask them how they manage contractors. Use this situation to find that one contractor that you will refer out for the next 20 years of your business. The one who has the highest level of integrity and who feels more like a partner than a highered hand. Most importantly, use this situation to build rapport with other investors and strike strategic partnerships. I know you won't give up and therefore I know you'll reach success soon. Blessings on your endeavors!

Thank you. I will definitely be taking a few days. I appreciate all the insight. All the best.

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@Cinnamon Harley Bosses. Love this so much. Thanks for sharing. Financial Freedom is my goal to pursue my true passion so hiring out and delegating is what I'll have to do. Working on my systems now. Thank you.

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@Meghan McGill Good for you, Meghan. That's a huge amount. I'm working on getting my systems in place. Better late than never but this is the first and last time this happens to me.

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Originally posted by @Amelia G:

Originally posted by @Deisy P.:

Thank you all for you comments. This all came about because two things just piled up on me on me at the same time. I don't have a trusted handy man, a go to lawyer, a go to contractor for anything. Any way, a realtor friend referred me to his and he fixed a couple of things in my apartment and then I brought up an issue w/ the coach house roof. He went up there and talked about things that he saw and took a few pics and stupid me I didn't research any of it and took his word for the things that needed to be done. He verbally told me the scope of the work would be about 4 days and possibly might higher someone else for $7,800. I paid him half up front and then the rest later. The time came and texted me that he had got there and to open the side gate. 3 hours later texted he was done. DONE? You said it would take 4 days? "I used the best materials and i have 21 years of experience." He said more things but the work was already done so I paid him the rest. I told my realtor friend and he said, why didn't you tell me sooner? I didn't know he was going to go from 4 days to 3 hours without notifying me! So basically he charged me $5,095 just for labor. I emailed him about it after I searched the work and the time between coats and he said he used a dry torch for the sealant or whatever it's called and said he performed work that should have cost me $14k. I gave him the opportunity to give me back a portion of the money and he's not budging. He's not on yelp and i can't find him in BBB. So basically, I feel like an idiot and I should have known better and it's a learning experience but I feel very embarrassed for letting that have happened and I am truly doubting myself yeah, in thinking this isn't for me. I called a professional roofer and the man brought his son and I explained what happened, looked at me and asked me where the man of the house was. In complete shock, I exclaimed that I was the "man" of the house. It was very upsetting and with the tenant that's not paying me anything and I can't do anything about it right now...it's just overwhelming.

Are you sure he didn't give you a deal on a complex job because he is experienced and has a dry torch or whatever? If it seemed reasonable to you on the front end and you got the results you wanted, why are you doubting yourself and your contractor after the fact?

Because he had given me the same quote for a 4 day job, and then without letting me know, three hours later, he was done.

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@Samara Huntley Thanks, Samara. I take full responsibility for what happened. It'll never happen again.

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@Sandy Sawyer You are completely right. When I started this forum, it was a moment of major vulnerability. I'm glad I got it out there and hopefully help others in the process as well. The amount of support I've had on here has been astounding. I'm so grateful.

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All Forum Posts by: Deisy P.

Deisy P. has started 10 posts and replied 160 times.

Post: Female Property Inves./Landlord on the verge of leaving the busn

Post: Female Property Inves./Landlord on the verge of leaving the busn

Post: Female Property Inves./Landlord on the verge of leaving the busn

Post: Female Property Inves./Landlord on the verge of leaving the busn

Post: Female Property Inves./Landlord on the verge of leaving the busn

Post: Female Property Inves./Landlord on the verge of leaving the busn

Post: Female Property Inves./Landlord on the verge of leaving the busn

Post: Female Property Inves./Landlord on the verge of leaving the busn

Post: Female Property Inves./Landlord on the verge of leaving the busn

Post: Female Property Inves./Landlord on the verge of leaving the busn