In all my commercial work I have only got one official signed contract.
I would get an intro to the management company, make them aware that you are buying part of a business, they should be obliging and honor the agreement with the last wc.
not all the world is heartless, i would buy it, sometimes in life you have to make a gamble to make your money.
I am in a battle over £50k at the moment through taking gambles, i may never get my money but this is far outweighed by the money I have made on other business gambles.
trust your gut or your greed, both usually are reliable
Appreciate the reply,the vendor showed me the work(previously been subbed out),and i think he was expecting some dough this weekend.I told him no dosh until i`m satisfied the work is mine to resell,meaning a sit down with the management company.Then i`ve said i would get the overdue one`s cleaned this week and then i`ll know accurately what the work is worth or should be priced at.
Here is one example,a block of flats £165,subbies said it takes 2 of them appx. 1 hr.(was enquiring about a van and by fortune it turned out these were the guys).Sounds good but the windows/frames look dreadful,the whole block needs a first clean! I`m going to have to first clean everything.I reckon its a 3 to 3 1/2 hour job for one man on a maintenance clean.
One worrying thing is some of the properties they manage have gone bi-monthly and it occured to me this might be a growing trend so if i buy the work thats at monthly now and it progresses to bi-monthly then i`d be paying well over the odds.
So my next question is,"Has anyone found their commercial work changing from monthly to longer intervals?"