There is no guarantee that a talented builder is a talented businessman. Probably the opposite in most cases. Most builders don’t set aside any reserves to cover warranty work. They have to keep billing to cover their overhead etc and as such aren’t willing or able to do warranty work that generates zero cash flow. Of course that is small consolation to the dissatisfied customer who spent six figures and didn’t get what he expected.
Don
Last edited by dhutton; 09-08-2018 at 08:07 PM.
|