Unfinished pools leave San Antonio families drowning in debt

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KENS 5: Your San Antonio News Source

KENS 5: Your San Antonio News Source

Күн бұрын

Three San Antonio families were hoping to make a splash earlier this summer with a new backyard pool are now sinking financially.

Пікірлер: 20
@fernandodeleon3454
@fernandodeleon3454 2 жыл бұрын
Next time, put the funds into an escrow bank account not to be released without permission of the customer.
@droolalot5795
@droolalot5795 2 жыл бұрын
Never pay a contractor up front. A REAL business should have working capital and line of credit. Former banker here.
@MrWonderful77
@MrWonderful77 2 жыл бұрын
Cringe
@droolalot5795
@droolalot5795 2 жыл бұрын
@Hemorrhoid Infestation does Costco need you to buy items in advance to stock their shelves? No? They use working capital to stock the store. Btw, even if you win in small claims court there is no mechanism to get the judgment money. What real business doesn't have a line of credit to buy material and make payroll while waiting on accounts receivable.
@edavis7486
@edavis7486 Жыл бұрын
Lol. Businesses will not put 15-30k of work and materials upfront in hopes the customer pays……..you are a banker……..not a businessman. Best case scenario is a 50% before the job for materials and then 50% after job is completed. Easy peasy. I own my own pool business for over 5 yrs now. Never had an issue like this. What a nightmare.
@johnlatham3854
@johnlatham3854 6 ай бұрын
Contractor had a poor understanding of cash flow. It drug him to his knees. Next stop for contractor is bankruptcy and all of those annoying emails, phone calls and lawyers will go away. Customers should fill their holes with water. Plant decorative plants on edges. Go to pet store and buy some exotic fish.After fish start thriving buy a couple of baby goats to keep lawn mowed.When goats age to adults start a weekly goat yoga class.❤
@mochadoka6733
@mochadoka6733 2 жыл бұрын
The city should start a list of deadbeat contractors for the citizens to avoid. After four years of pleading with the contractor we hired to finish remodeling the home we moved in to, we just gave up
@johnlatham3854
@johnlatham3854 3 ай бұрын
All 3 parties should make a final puchase. 2 SHOVELS per party.
@gusgarza6529
@gusgarza6529 7 ай бұрын
Better Off going to your local public swimming pool.
@johnlatham3854
@johnlatham3854 3 ай бұрын
Too many people pee in the water.
@kayakkim
@kayakkim 5 ай бұрын
No, it wasnt a good decision regardless... Pools drop value of home & the maintainance costs are on going...
@MrWonderful77
@MrWonderful77 2 жыл бұрын
EOD mismanaged their funds. Pathetic…
@sheryljones856
@sheryljones856 2 жыл бұрын
Call the Better Business Bureau on them clowns and get a lawyer
@jcc9thSI1917
@jcc9thSI1917 8 ай бұрын
This is san antonio not cali we dont need pools take care of our aquifer they deserve the loss of their money.
@harmgregory4560
@harmgregory4560 2 жыл бұрын
Sounds like the contractor took lessons from Trump....
@plexx4205
@plexx4205 2 жыл бұрын
Yes there’s this painting company the dudes name is Rick Garcia he hires labors and he doesn’t pay when it’s time to pay up , always with excuses like “ I got 100 on me right and I’ll give you the rest tomorrow “ next thing you know he doesn’t answer his phone …. I hope you see this Rick 😂 🖕🏽
@jessetagle4512
@jessetagle4512 9 ай бұрын
Dam that fool was living the life and ignored his business.
@lovelyj241
@lovelyj241 8 ай бұрын
No, it was a scam from the start.
@johnlatham3854
@johnlatham3854 3 ай бұрын
​@@lovelyj241 Lovely, you don't give dumb people enough credit for being dumb. Some people have no idea how to manage cash flow, bid correctly or spend wisely.
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