3 Proven Methods to Estimate Construction Labor and Materials (2024)

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  • čas přidán 4. 07. 2024
  • Estimating accurately is the lifeblood of every construction company. If you do it wrong, you can go out of business... but if you do it right, you can become an overnight millionaire.
    NOW.... if you want to learn our EXACT estimating process in my own company, I have an extremely detailed training module called "Building Your Bid Machine" that shows you step-by-step how to estimate. This is the same process we use to estimate BILLIONS of dollars of projects per year for our clients.
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    Timestamps
    ========================
    Intro: (0:00)
    Important Tips Before Getting Started: (0:26)
    1. Unit Price Method: (1:08)
    2. Budget Method: (2:54)
    3. Rule of Two Method: (4:18)
    How to Explode Your Construction Sales: (5:28)
    ============================================
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    ============================================
    ABOUT DANIEL QUINDEMIL
    Daniel is a Construction Expert and Consultant in the areas of construction sales, estimating, and project management. He has estimated and/or managed over $3 Billion in projects. In 2015, he founded I AM Builders, a construction estimating and sales company dedicated to helping contractors grow their businesses. Since then, I AM Builders has worked with over 3,000 clients nationwide.
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Komentáře • 18

  • @aliiraq2789
    @aliiraq2789 Před rokem +1

    Hi buddy, which part of plans or contracts documents that I need to price labor and materials or only labor

    • @iambuilders
      @iambuilders  Před rokem

      Hi Ali. You need the drawings at least. Sometimes there’s a scope of work that has more details, and sometimes there is information in the specifications.
      If you want us to do the estimate for you, send me the plans or invitation to bid to info@iambuilders.com.
      Do you have plans for your project?

  • @RogerNavarro-ru7mf
    @RogerNavarro-ru7mf Před rokem

    I have a small concrete business in Phoenix, AZ. Do you have a system for concrete foundations with slabs for commercial and residential projects? What about site work? as some jobs maybe similar, details can be very different job to job. Because my business is small it's hard to retain skilled labor from project to project. I do well for myself but would like to grow. Do you have a video on construction loans and what is the best way to fund projects when some of the GC's i work with don't pay out in a consistent manor and I find I'm having to bank the job for at least 30 to 45 days.

    • @iambuilders
      @iambuilders  Před rokem

      Hey Roger. Yes we have a system to help you get more concrete and sitework jobs. Also I can show you the way to finance your jobs without using your money. Let’s set up a phone call. Here is a link to my calendar: www.iambuilders.com/call

  • @prontogaragedoors3676

    I have a garage door company, do you have any solution strategy for bid system, this is usually flat rate system and the issue is under bidders out there that screw up industry.

    • @iambuilders
      @iambuilders  Před rokem

      Hey yes we do. I can help you get more jobs using our strategies from our training program. Check it out, you get a 30 day free trial plus weekly coaching so I can help you every step of the way. www.iambuilders.com/8-figure-contractor-training

  • @otonielmiranda4267
    @otonielmiranda4267 Před 9 měsíci

    do you guys have a training program for estimating ?

    • @iambuilders
      @iambuilders  Před 9 měsíci +1

      Yes we do. We have a membership site with all the training, and we can also do it for you. Would you rather get trained or have us do it for you?

  • @MartinMartinez-ur8tg
    @MartinMartinez-ur8tg Před rokem +1

    Anything for landscape construction?

    • @iambuilders
      @iambuilders  Před rokem +1

      Hi Martin. Yea you can also use these same principles to estimate landscape construction. Just figure what your labor hours are and your material costs using your vendors and/or a cost database.
      What kind of work do you do?

    • @MartinMartinez-ur8tg
      @MartinMartinez-ur8tg Před rokem +1

      @@iambuilders landscape construction

    • @operationhotshotinc.6887
      @operationhotshotinc.6887 Před rokem +1

      Ya keep planting

    • @iambuilders
      @iambuilders  Před rokem

      Awesome that’s great. We work with landscape contractors also. Do you do things like retaining walls, site concrete, etc?
      We’re here to help. Anything you need feel free to call me at 305-433-6432 or email me directly to daniel@iambuilders.com.

    • @luisochoa6740
      @luisochoa6740 Před rokem

      What's rate for estimating a project

  • @ronalarevalo9484
    @ronalarevalo9484 Před rokem

    Hola señor Daniel habla usted español?

    • @iambuilders
      @iambuilders  Před rokem

      Hola Ronal. Si hablo español. Cómo estás?

  • @khalidbaacha
    @khalidbaacha Před měsícem

    # 3, I wont agree. It varies with every line Items. The Costlier Materials wont take the same Labor. Installing Marble Flooring isn't the same as of Marble Steps. Rest You are right. Thanks for such an informative Video. www.youtube.com/@khalidbaacha