All Forum Posts by: Patrick Townsend

Do not use Quickbooks....

Quickbooks / Intuit has predatory strategies towards small businesses. I have tried Quickbooks for the last time. They have continuously looked into my company as if it is odd for an African American to successfully run a construction company. Indecent 1: They held funds for several days then reached out and ask me to verify my company's info by sending in a business license, state filings and a list of other documents.

Indecent 2: They held funds and asked me to verify that my customer was a real person, customer had to provide personal information and confirm that they knew me.

Indecent 3: On another transaction they held funds stating that they thought I would make only $10k or less in revenues which is insane. They then asked me did I know the customer. To add more injury to insult they asked me to provide my business and personal bank statements, to ensure that I was financially suitable to be making/receiving the type of money compared to the deposit they had on hold. It has been nearly 10 days since my customer paid me. I spoke to a lady named Crystal who refused to provide her full name, she said she didn't have to, and so I requested to speak to her supervisor named Tracy who said she could not speak, and would call back.

Quickbooks is Fraud....

Quickbooks / Intuit has predatory strategies towards small businesses. I have tried Quickbooks for the last time. They have continuously looked into my company as if it is odd for an African American to successfully run a construction company. Indecent 1: They held funds for several days then reached out and ask me to verify my company's info by sending in a business license, state filings and a list of other documents.

Indecent 2: They held funds and asked me to verify that my customer was a real person, customer had to provide personal information and confirm that they knew me.

Indecent 3: On another transaction they held funds stating that they thought I would make only $10k or less in revenues which is insane. They then asked me did I know the customer. To add more injury to insult they asked me to provide my business and personal bank statements, to ensure that I was financially suitable to be making/receiving the type of money compared to the deposit they had on hold. It has been nearly 10 days since my customer paid me. I spoke to a lady named Crystal who refused to provide her full name, she said she didn't have to, and so I requested to speak to her supervisor named Tracy who said she could not speak, and would call back.

Quickbooks is Fraud.

Quickbooks / Intuit has predatory strategies towards small businesses. I have tried Quickbooks for the last time. They have continuously looked into my company as if it is odd for an African American to successfully run a construction company. Indecent 1: They held funds for several days then reached out and ask me to verify my company's info by sending in a business license, state filings and a list of other documents.

Indecent 2: They held funds and asked me to verify that my customer was a real person, customer had to provide personal information and confirm that they knew me.

Indecent 3: On another transaction they held funds stating that they thought I would make only $10k or less in revenues which is insane. They then asked me did I know the customer. To add more injury to insult they asked me to provide my business and personal bank statements, to ensure that I was financially suitable to be making/receiving the type of money compared to the deposit they had on hold. It has been nearly 10 days since my customer paid me. I spoke to a lady named Crystal who refused to provide her full name, she said she didn't have to, and so I requested to speak to her supervisor named Tracy who said she could not speak, and would call back.

https://www.dropbox.com/s/yfg6qw3kr87ppyy/3961%20Brompton.zip?dl=0

To all my R.E experts, what type of trends do you feel will occur in the industry in the next couple of years? With so many people getting into real estate, i'm not sure if it will have a positive or negative effect.

Can you contact me at your earliest convenience about this property?

(901)-626-0662

There is a real disconnect between investors and general contractors. I think that investors have to understand that contractors are just as much an investor as they are when you consider time and money they put into their company. I feel that contractors have to understand that investors work just as hard as they do when you consider the sleepless nights, stress and management they put into their business. I have worked both sides and have a truly unique approach to be successful. To sum it up, it’s all about the relationship, and two key components to a successful relationship is reliability a

Bankruptcy at the best business level is definitely a level of protection for an investor. Also, when I say one bad deal can put a contractor out of business I’m referring to the little guys that many of us forget about. A lot of times they have friends and family helping them with the business, and let’s say they end up not being paid for a job, these people live check to check which causes devastation. Talk about losing relationships, investors may lose relationships with a few colleagues, I know guys who have strained relationships with family due to money issues from bad business deals or BS from investors...

An investor also has protection in regards to bankruptcy, filing losses and insurance. Contractors sometimes have a lot more on the line, one bad project can put a contractor out of business and ruin years of relationships built to have a solid team. I’ve seen it time and time again, so in my opinion an investor is someone who risks something to gain something. I’m a Project Manager for my company so understand the importance of making sure both sides are happy, Transparency is there at all time, I’m upfront with investors and my contractors/subcontractors....

There is a real disconnect between investors and general contractors. I think that investors have to understand that contractors are just as much an investor as they are when you consider time and money they put into their company. I feel that contractors have to understand that investors work just as hard as they do when you consider the sleepless nights, stress and management they put into their business. I have worked both sides and have a truly unique approach to be successful. To sum it up, it’s all about the relationship, and two key components to a successful relationship is reliability and trust....