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Message
re: Going to be on TV tonight
Posted on 10/25/16 at 5:03 pm to Franktowntiger7
Posted on 10/25/16 at 5:03 pm to Franktowntiger7
Just hire a lawyer...problem solved.
0
Posted on 10/25/16 at 8:23 pm to Franktowntiger7
Anybody caught this baw on tv?
Posted on 10/25/16 at 8:29 pm to Franktowntiger7
quote:
My house flooded, I wasn't required to carry flood insurance but I did. Chase says that you can't self contract in La which is completely false. I have been in homebuilding the last 8 years.
If you have been in home building for 8 years how come you don't have a license? Sounds like you have been working illegally.
Posted on 10/25/16 at 8:37 pm to Libertariantiger
quote:
I don't think banks send 1099s. Even if they did. If they took the money as income and paid it out to you, they would make no money. You only pay taxes on profits not income. The only thing it would slightly affect is the insurance rates are based on homes done, but if there was no permit, it wouldn't matter either.
I don't even know where to start with this.
Posted on 10/25/16 at 8:40 pm to Franktowntiger7
Posted on 10/25/16 at 8:48 pm to Martini
quote:
If you have been in home building for 8 years how come you don't have a license?
That was my question, but it now sounds like the bank itself requires a license to protect it's investment in the home. That's an entirely different issue. The question becomes can the bank exercise a policy to require a license to ensure proper repairs on a home on which it holds the mortgage and in doing so, can the bank withhold the funds?
Posted on 10/25/16 at 8:58 pm to Franktowntiger7
(no message)
This post was edited on 10/26/16 at 2:08 pm
Posted on 10/25/16 at 9:02 pm to chinese58
Just hire a buddy who is a 'contractor' and run it through him dummy
Posted on 10/25/16 at 9:11 pm to Franktowntiger7
Doesn't matter. JP Morgan Chase Bank too big to fail. Jamie Dimon CEO makes $27 million per year. He dgaf.
Posted on 10/25/16 at 9:25 pm to Martini
I'm in the sales and design side.
Posted on 10/25/16 at 9:28 pm to chinese58
Channel WWL anchor looks like a hotter Megyn Kelly.
You seem to be in the right, however, how the frick did you knowingly go on camera with tight pants, a rat tail on the front of your hair and say this:
"We go back and forth, back and forth, back and forth"
You seem to be in the right, however, how the frick did you knowingly go on camera with tight pants, a rat tail on the front of your hair and say this:
"We go back and forth, back and forth, back and forth"
This post was edited on 10/25/16 at 9:29 pm
Posted on 10/25/16 at 9:30 pm to IT_Dawg
Didn't know about the tail until after. When I saw it I chuckled.
Posted on 10/25/16 at 9:36 pm to Franktowntiger7
This may be your big break
Posted on 10/25/16 at 9:37 pm to fishfighter
quote:
Deal with local small banks and one doesn't have these
Not much choice when a global bank buys your mortgage
Bank of America can eat a bag of dicks
Posted on 10/25/16 at 9:40 pm to Franktowntiger7
I thought it was a good interview. Dealing with banks are a PITA. Can their bank policy to require a contractor override the law? Like, that's a min standard and they require more? I know some banks won't loan for a build to self contractors.
Posted on 10/25/16 at 9:48 pm to djangochained
quote:
Going to be on TV tonight
Just hire a buddy who is a 'contractor' and run it through him dummy
And this is how his "buddy" loses his license and thus his livelihood. I have many building construction licenses in quite a few states and I've been asked many times over the years (including recently regarding this flood) to loan or rent one for various projects and it never ceases to amaze me that people actually think I would accept this. Never would I jeopardize my family or livelihood and business that I have worked for 35 years to build. Cretin has been in business a long time and I've known Eddie for 15 or so years and I can't imagine he would do this as well.
And Cretin would not be issued a 1099. They might be asked by the bank to provide a W-9 but then again they might not. Regardless if the bank wrote them a check and they in turn wrote you a check they would be required to show it as income, pay tax, general liability insurance and unless you take it as a paycheck they would have to pay the workers comp insurance on the amount written to you.
I wish you luck and keep arguing but I'll make a suggestion. If you are in the business and will continue to be I'd say you should go take the test, pay the fee and get your own license if for no other reason than to have for a situation like this.
Posted on 10/25/16 at 9:53 pm to Libertariantiger
An attorney told me that the state law would trump any of Chase's policies.
Posted on 10/25/16 at 10:02 pm to Franktowntiger7
Been wondering who franktowntiger was.. Franktown fella myself.. Your a little older than me but I remember you,,, your dad umpired a many of my baseball games,, hope u get situation straightened out..
Posted on 10/25/16 at 10:05 pm to WPsportsman
Yep, my dad loved the youth of Franklinton.
Posted on 10/25/16 at 10:23 pm to Martini
I disagree with some of this. If I recall, Chase will actually cut the check to the customer. Many banks do that. I assume they just want a contract. I also don't think permits or inspections are required for these remodels. Franktown doesn't need to go get a contractors license. Mr. Eddie is ptobably the only one in the whole business who has one. The LLC only needs one license. This dude doesn't need to carry insurance and such just to have a license in his back pocket. I've also known Mr. Eddie and Mo for years, and they take care of their people when they need something. I imagine this is more about taking a stand and making a point to the bank then being able to find a solution.
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