2024 Handyman Pricing Guide
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- čas přidán 31. 12. 2023
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$250 minimum
$800/day
$100/hr
Rock Solid Handyman Services LLC
Reno NV
Thanks for all you do for us handy business owners!
You're very welcome!
My girls family is from reno. Her mother and aunt and uncles and cousin all still live there. Do you do residential work?
Ballpark per job. Trip charge $125 + materials + 2x the price of materials to non recurring. Example toilet replacement $ 100 toilet+ $125 trip fee + $200 for install. $425. For a recurring client 75% of non recurring client. I have a lower fee for “whenever I’m available during the week” no rush of 60% of normal.
That sounds like a decent system too
This is the most straight forward, no BS video I have seen on this subject. Thank you, Sir.
You're welcome sir
Always great info found here, thanks
You're welcome! Good to see you again!
This is amazing information. Thank You so much! Already found and followed on X & happy to see you are a fellow Texan.
I'll always be a Texan. I miss my state terribly.
Good stuff. Working on my price list while watching this video. Helped a lot.
Awesome!
Starting and handyman service with my 24 yr old son. All of your videos have been very helpful. Thank you for sharing.
You're welcome! Good luck!
This was EXACTLY what I was looking for. Thank you!
You're welcome
Me also.
You are a great guy. Very helpful information. The fact that you are sharing your knowledge is impressive.
Thank you sir, you're too kind.
This is great! I honestly wanted to start a business but delayed because I had no clue, even with the other CZcamsrs how too vids. Your videos are far more informative and empowering. I’ve been writing down the process and doing far more brainstorming since finding you. Just wonderful. Finally moving in the direction I’ve been wanting to. Thank you thank you!
You're welcome!
Happy new year and may you have your best year of your life and good health
The same to you sir!
Nice work on changing the cover picture for the videos. Hope you keep that kind of design, very pro.
Thank you, I was really happy with this one too.
Thank you for this! I am in the beginning phases of starting a carpentry/ handyman business and pricing is always a nerve wrecking subject. I’m glad I ran into your page! I will stay tuned. Thanks again.
You're welcome, and thanks!
Thank you. I appreciate this. I am trying to help my husband get up and running with the business and this has been so informative. I will look into the links.
Good luck!
Very, very good advices my man. As a noob, I got some important infos in this specific video. My personal target now is to adapt those items to my own reality here in Europe. Many thanks lad!
You're welcome!
Here is San Jose CA and surrounding areas over 1.5 million population within my reach. The middle of silicon valley! But many(not all) balk with my pricing(even a couple property managers). Currently at a $125 trip/service fee. I get inquiries and phone calls on a daily bases now. Mostly all good. But here in my area, there is a lot of diversity(cultures) that consider the handyman as a servant. And expect very cheap prices. It's frustrating when you arrive to do work for "price reluctant" customers that have a 2 mil property, a BMW and a brand new Tesla in the driveway. I am still learning it's a fine art choosing the right customers. Again, thank you for your wisdom and helping me and others become bulletproof!
I remember those days. Made me not want to be a handyman. I had to go through a lot of cheap clients before finally finding some that fit my pricing. In the beginning I had people balk at me wanting $50 for a job that I got done quickly.
I wish I had more precise information for you in terms of specifically how to find the clients that have no reservations. Paying good money for good work. All I can say is keep looking for new clients and don't stop until you have the ones you need. If somebody is already price hesitant the first time you work for them, don't work for them a second time. For me, property managers were the solution because I figured out that they needed me at least as much as I needed them if not more. They also have more experience with crappy handyman so they appreciate a good one a little more quickly.
I wish you good luck and I'm sorry you're running up against so much hesitancy.
The reason why you are having these problems is because you are ripping people off...
@@coreyfranco7060 I am a nice guy, and this comment is sort of offending. I was just making comments about cheap customers. I ask, what would you charge to replace a rusty old sink faucet with bad valves living in a very large city? I just charged a customer $175 to do and they were very satisfied with my cost. Do you think I charged too much? I am pretty much busy full time. I have an LLC business, business license and insured. I humbly believe I am a master handyman with more skills than I can mention. And a plethora of tools that has taken me years to collect.
@@coreyfranco7060 What an asinine comment. Clearly you are a cheap human that does not value others skills. My Handyman charges $150 hr and works everyday around town. I think he is worth every penny and so do others apparently.
How do you cope with the $500 rule in California?
Excellent info.. thank you
You're welcome!
I've been using Jobber as well, for handyman and my cleaning business. Saves a ton of time for building quotes and getting paid. Huge fan!
Yes it does!
Very helpful.
Awesome!!! Thanks!
Great video and very valuable content! The connect plan does not allow for line item approval and photo attachment to line items but the grow plan does. As a new business owner, the grow plan is quite expensive but all the features would be incredibly useful for handymen. Also, people can hate on "X" all they want but the platform that helps us do our work best is the one that will be used! I'll certainly be checking you out there.
You're awesome! Thanks!
great content
Thanks!
This was an incredibly helpful video. I’m not a handyman, so this helped me understand what I’m paying expert for. Thanks for the straightforward breakdown.
You're welcome!
as a handyman for 40 years i have noticed the the poor people will pay more than a rich person will pay,,,,,,,,,,,,rich people always complain and want to pay less,,,,,,,,,,,,, and working-class people seem to go along with your bid................
That hasn't been my experience, but rich people do complain more. However my experience with home owners is limited. I mostly work for property managers.
same here
Totally agree
Great information
Thanks!
Again, so much value here. I have to recognize that my favorite part is when the screen-share goes sideways. I believe it adds even more value to get a peek into the unplanned elements, letting us know you are human and overcome basic challenges too. Please don't ever edit those bits out!
I'm definitely not a fan of editing things out. I also just don't have the time to edit them out since I'm also running the business. I fully intend on keeping things real.
600 per day is very fair. 400/day is too cheap. We aim for 800-1000/day last year and will be aiming for closer to the 1000/day this year.
That sounds awesome!
Yea ok
400 a day will bankrupt you!
Depends where you live. That could be real high in some areas. Even if you're excellent, the customer may probably be able to find very comparable results for a better price. But I know bigger companies in my area probably charge that way compared to me. But I don't necessarily need to be so high.
Where you at?
might want to slip a cheap little yellow filter over that there ring light to save on eye strain and get rid of the awful white light on your majestically bearded face.
Thanks for the tips! me and the lads at work (all self employed sharing a workspace) are taking them to heart!
Glad you're enjoying it!
My light is adjustable, I'll see about turning it more to the yellow end.
Thanks!
Pricing. I’ve heard people say It’s the most important part of the job. I think it’s quality of work,value and knowing your clients. Some want and will pay for top of the line. Others just want it done
I think it's all a balancing act. Drop the ball on price, quality, or professionalism and they're all equally career ending.
I guess I’m cheap 60 hour I also include trip time. Homeowner pays for parts and special tools if needed
Depends on where you live but if you're good at what you do then that's on the low end for sure. There's nothing wrong with that if you're happy with it.
Just found your channel. I am kicking off my 3rd year as a Handyman servicing mostly PMs and some home owners as well. Your info is concise, to the point, and incredibly valuable as I just started raising my price for the new year. Thanks a ton, keep that great content coming!
You're welcome! I think you're going to be very happy with the content for 2024. I have some big plans
@@bulletproofhandyman awesome, just subscribed to the class too!
I really enjoyed your very informative video about pricing for Handyman Services!
You always nail each topic each and every time I watch your videos, so thank you!
I am continually inspired to become a "Handyman Business Owner"!
Well done, Sir!
That's awesome sir!
in my area the trades charge a low trip fee...the cheapest are the plumbers @ $70 just to come out then the sparkys are $80 & this is for non emergency calls...
so I have set my trip fee @ $75...
the most expensive plumber in my area is $65 per hr & sparky is $75...
so I set my rate @ $70...I dont charge it by the hour but I do make sure I'm not making less than that hr...I fell like I'm losing out...🤔...
I'm also just starting out also...1st year doing this...
I wouldn't worry about it too much. Every place is different. I think you should always be playing with your prices to find out where the ceiling is for clients who are happy to pay. But if that's what the rates tend to be in your area and if you are still making a nice living off of it, then I wouldn't feel like I'm missing out. I get called out all the time for not charging as much as I could. I'm not trying to charge as much as I can, I'm just trying to build a business that can keep my family secure over the long term.
You should be charging $20/hr
Looks like florida handyman is fairly limited. No electrical so no ceiling fans, no plumbing including faucets and toilets? And a job price cap I have heard if $500. Any florida guys can you confirm?
Yes, you guys have it rough down there in Florida. It's still possible to run a very profitable handyman business in that environment, but I would definitely consider figuring out what steps are going to be necessary to eventually get a license.
Just stick “veteran owned” all over your truck and web site, then you can get away with charging twice what everyone else is charging. 😊
Well I am a veteran but I rarely, if ever, take advantage of discounts or market with it. I was proud to give my 4 years to the system. The most I do is get my free buffet at Golden Corral every veterans Day.
Only do that IF you are a veteran! There are some a$$holes claiming that and never served
Been doing maintenance work at a beachfront condo in Florida for a decade. Just filed my llc yesterday and am pursuing my insurance and my administrative software today for my own handyman business. I am INCREDIBLY nervous about pricing as ive never had to be responsible for that end of the business. This has helped a ton. Thank you so much. If anyone has any advice for a 29 year old newcomer into the business it would be more than appreciated.
Good Luck sir!
@@bulletproofhandymanthank you my friend! I turn down so much side work i figured it was time. Going to be following you more closely for more insight.
Been in construction 30 years. Charge and don't beat yourself up over price. The next man will charge more and probably do less of a thorough job. Charge for everything you touch!
$250 minimum charge
$55 p/hour
Depending on the job charging by LF or SQFt.
Handyman located in Fort Myers - Florida
Thanks!
I'm a handyman in the UK, charging £180 ($227) per day, which is about average here. US prices sound crazy high! I have no idea why there is such a difference - cost of living or something I guess. Really enjoy watching your videos, thanks from the UK!
These rates, when working for property managers, only work if you seriously stay in top of everything. There are loads of guys charging $45-$65 per hour and they'll drop me if I'm not doing this to near perfection in terms of reliability.
@@bulletproofhandyman Perhaps there lies the difference: I only work for private clients in my area (not property managers/estate agents).
Had a question about pricing a job that I personally feel is going to have many changing variables as the job progresses. Little of my background. I am 34 male and as a kid I watch my dad as he built his own business doing handyman services along with remodels and additions. So naturally I grew up learning the trade as second nature. What I didnt learn was how to bid job and pricing. Well now living far away from him here in Phoenix, AZ I am noticing all to much the need for this important skill. Probably the most important skill needed. Were here is the scope of the job. roughly 16.5 to 22 sqft of tiled back splash that customer wants removed and a different tile to go into its place. Not including materials or costs of hauling of debris. How much should I charge for the pulling of the existing tile, then prepping wall for the laying of tile, and then installing the tile and of course grouting it. They are wanting large white subway tile. Would you just cut the dry wall the tile are attached to and replace it with backer board? Important to note, this is for a house in Scottsdale. They have granite counter tops and nice wood cabinets. Im considering passing on this one or biding it much higher than I normally would.
Pricing is something I figure out individually for each job if it isn't a simple trip fee job.
All I can say is figure it the materials and add 15%. Then figure out how many hours you'll need and give yourself a buffer there too. Then multiply the hours by the rate you want to make. Add it all up and present it.
I don’t know where you are, but in my expensive area trip fee is $65 if they charge it at all.
All you fees are inflated 😮
@@AnnM223 every city has $25 per hour handymen and $150 per hour handymen. Every city has free estimate handymen and $100 per estimate handymen. Every city has $125 trip fee handymen and $0 trip fee handymen. My fees aren't inflated, they're standard fees for my clients. There are cheap handymen in every city but they don't set the rates for professional handyman businesses. If there were cheaper handymen that were as reliable and consistent as me then my clients would not be sending me multiple jobs per client per week for years on end.
This is awesome how do I get this?! Obviously I download Jobber I’m assuming? Thank you so much for all you do for us man! This is so wonderful.
There is a link in the description for a free trial of Jobber. If you use my link you'll get 20% off, and sometimes Jobber adds additional discounts on top.
For my custom line items and my jobs list there is a link in the description for that too. No paywalls, all free from me. To import my custom line items you can download them and then in Jobber there is a place to click to import them into your account.
Thanks for the video. Have you ever had to use your insurance?
No, not yet. Hopefully never.
Great info. Have you done a vid on how to know what work to refuse? I know this is an "it depends" question, but I'd love to hear your opnion.
Any work that would bust you if you failed. Otherwise, if it's work that you should be able to do then use the opportunity to maybe lose a little money learning it the first time. But also, like you said, it depends. Just try to find a balance that includes growth.
I’d like the one on one 100 bucks seems fair for training.
💯
Contractor Plus is a great software option also and much cheaper!!!
No need for that garbage
@@coreyfranco7060 Why is it garbage?
On a stool I charge 50 dollars to haul away old stool.. Firm.
Gonna start by thanking you for all your material and your experience that you’re giving willingly. I don’t think that you will remember my comment from a few weeks ago considering you get so many comments. But I was telling you that I have recently started my own handyman company, have insurance and everything and pretty confident and everything I do but I’m still also working under a contractor basically part time he’s allowing me to do that which I’m very fortunate but my next question is is jobber worth it for me if I’m only you know I mean? Maybe start with the basic level and work my way up? Or what advice would you give to someone like me. I can’t thank you enough
I think it's a good idea to use a plan that can grow with you like Jobber can. You'll have all of your business history on one platform. I'd probably get the connect plan if I was in your shoes but it all depends how busy you are. For me, it's about the streamlining and time savings. The grow plan is more for generating more revenue with optional line items.
Do you use a portable wireless printer in your truck for printing paper invoices on the spot for your clients?
None of my invoices or estimates are ever printed. I use Jobber to create and send all of them electronically. They are typically approved electronically as well.
This pretty much feels like a hidden add for jobber.
I've been using Jobber for 4 years and I'm also a paid ambassador for them. I'm not embarrassed to talk about them constantly, nor do I try to hide my paid relationship with them. I literally run my entire business with Jobber and am proud to be partnered with them. This specific video is not a Jobber Ad, those are clearly labeled as "promotional" but there aren't many things in my business that are not handled directly within the Jobber software so you will find it mentioned frequently on this channel.
I noticed this video you said you had Next insurance, but a video from three weeks ago you had said you were changing. just curious if something happen? thank you for all the great info.
Yeah, I might need to delete that video. I don't want to delete it because it's still a good video with lots of good information but I found out that the cheaper plan that I was looking at was actually not the same coverage that I currently have and then I re-quoted my insurance with Next and stayed with them.
@@bulletproofhandyman I don’t believe there is any need to delete it. Still great info
@@bulletproofhandymanNext is a ripoff
In Houston property management companies are losing steam.
That's too bad...
I apologize if this inquiry has been previously addressed. I've noticed your utilization of Jobber. Have you also explored Markate? If you have, what prompted the transition to Jobber? Moreover, could you elaborate on the advantages of Jobber compared to Markate?
I did a deep dive research project on all of the Jobber competitors last year to update myself on where the market was at, so I can't speak to any improvements made since then, but here is the conclusion I came to. 1. Markate (as well as many other platforms) is a viable option for a part time handyman if they're using it to run a side gig rather than planning to build a business. I don't recommend it, but I won't pretend like it isn't viable. 2. Markate moves slowly and stays behind the rest of the industry with features and ease of use. They eventually add standard features, but long after the other competitors add them. The same goes for ease of use. They improve over time, but the platform isn't intuitive the way Jobber is. 3. If you search reviews you'll find that on any given site Jobber will have thousands of reviews while Markate has hundreds, or Jobber will have hundreds while Markate has dozens. The reviews for Jobber are always better reviews even with the high volume. 4. From my personal experience, Jobber customer support is out of this world, and they're always driving the industry forward by figuring out what we professionals need and then building a solution. Just yesterday they introduced two new features related to getting customers to review you on Google and mass email marketing campaigns.
More than anything, I can just say that I've been with them for a long time and I can't fathom having built my business without them. I believe they are committed to their customers in a way that others aren't. Hope that helps!
Bummer that in Cali handyman can't do work that totals $500 including cost of materials. Individual trade work requires the appropriate license, doing 2 or more trades on the same job can be covered by a general contractors license. Don't forget business license fees, and liability.
Talk to Allen Lee of The Handyman Journey channel. He's in California and has built a strong business.
Which jobber plan do you use?
I use the grow plan, mostly for the optional line items and automated follow ups.
and in Houston we have all the new people under charging.
That's bad. Drags down the industry.
This will happen a while then people will get tired of being screwed. Your job is to reach those clients. You don't want the penny pinchers.
Came here to say this, nobody here in Houston is paying these rates because there is a hundred guys right behind you ready to undercut you.
Good info, but in my area the property managers are paying in anywhere from 45 days to over 90 days. This is totally unacceptable for a small business to carry a larger business. Any suggestions on how to overcome this issue?
By the way, I live in a city of 1.5 million people if that matters.
In a city that big you just need to find property managers that pay faster. Tucson is less than 1 million with about 100 different property management companies. Some pay weekly, some monthly, some are Net45 or Net90. After 3 years and a dozen different PM companies my two biggest clients pay weekly and/or bi-weekly. One of them pays the bigger jobs on the 10th each month.
Thats normal, get used to it...
@brucewilliamsstudio4932
I agree it is ridiculous. Huge companies realize buy hanging on to payroll longer lessens the money lost, because money makes money and the interest earned can reduce the amount by a small sum. And nation wide franchise that could add up to alot of money. At least that's the likely reason they don't pay you immediately. I would just try to increase with customers that pay you weekly and and when the work is completed, you don't have time to thumb through 3 months of carbon copies to make sure you've been paid, that's ridiculous. Theirs way too many private individuals who pay immediately when the job is completed.
You demand 1k per day and cant give 30-90 day terms? You need to take a business class bro...
@@coreyfranco7060 Nice try, I make $1200 a day and collect payment at the end of the day or end of the week on longer jobs. Good for you if you like financing a corporations operations, but I like my cash in my hand and it's working out pretty good for me. You?
When you do hourly rate, let’s say 100 bucks an hour does that also include the materials?
No that's only labor
Where can i find your documents to download thanks Steve of The Handyman Can Handyman services
All of my videos have a link in the description to download all of my free documents.
How do you figure markup on material?
I don't really do markups. I either wrap everything up into one final price or I just charge basically what I paid for the materials.
I downloaded jobber but your item and price list was not available to export. Thanks for the information in advance.
You have to download them from my files onto your computer then upload them to your Jobber account. Email me at bulletproofhandymanbusiness@gmail.com to make sure I don't lose this string if I don't get a notification when you reply.
I can't even get through this video because of all the bad advice. Your pricing should really be set on what you and your business need to survive with enough profit built in to allow your business to grow. If you are just charging "the going rate" and don't know your own numbers youre never going to be able to achieve your dreams. Unless your dream is to be broke.
Sorry to disappoint. This business has been taking care of my family and I extremely well for over 3 years and every year is more profitable than they just. My pricing is set fast above what you describe and and it's not based on market rates. It's based on what the market will bear which is definitely above the going rates.
@@bulletproofhandyman I don't think your pricing is wrong but more of the why your pricing. I ran my business the same way as you describe in this video for two years before I realized there's no way my business can grow like that and it was taking food off my families table.
@@johnathan1806 OK so make a video refuting this and tell us how you’re doing it and why do a comparison.
Say your day rate is $500 I’m assuming it’s the day rate PLUS material…?
Secondly, minimum trip charge $125 and have to install a ceiling fan. $125 trip charge plus $175 to install ceiling fan so $300 total?
Lastly, how do you handle a call back say you installed a faucet and a few weeks later it’s leaking? You eat the cost to go back to the house to repair sat you didn’t tighten the hose one turn enough? Or say it’s a defective product? Thanks! And good video.
All pricing is labor only, materials are always extra.
Ceiling fan install under my pricing structure is covered by the $125 trip fee if everything is standard and goes well.
For call backs I almost always fix it for free even when it wasn't my fault, to maintain a reputation.
Thanks!
Probably the most difficult part of starting the business for me
I think that's true for most of us, at least initially
What hardware do you use with jobber? I pad, laptop? Etc
All of the above. Mostly PC and tablet for me, but it works on laptops and tablets too. I do.
Just here to see how much money I'm saving by not being useless.
A LOT. Good for you.
I could not figure out how to down load CSV. I filled out request on your link does it take time to get download?
When you fill out the request you should receive an email.
$350 flat rate for a toilet replacement, however that is to include the dump run?
I don't do dump runs but yes that includes disposal of the old toilet.
You can (carefully) break down a toilet to throw into the customer's trash bin or your own; no need for a dump run. Some areas allow for large item pick up and disposal by the waste disposal company of the area.
how do i find your files
to import?
Link in the description
Where are you located?
Arizona
With property managers, do you charge a trip fee + labor & materials for one off jobs, i.e. replace door sweep?
The trip fee usually includes the work involved for small one-off jobs. Materials is extra. If the job is plumbing or electrical or anything that I don't feel like doing than I charge more? If it takes longer than about 45 minutes, I also charge more. In other words, it's 125 minimum but I frequently charge more than 125 depending on what the work is. Materials is always extra.
Gotcha. I figured so. Thanks for the insight.
@@bulletproofhandyman do you still label it as a trip fee or what the labor line item is and charge the 125 instead?
I just charge the 125 for the labor, I don't call it a trip fee on the invoice, it's just the price that I put next to the description of the work under the heading of labor. The only time I call it a tripped fee is when it's a move out because I price my move outs differently than my one-off jobs.
@@bulletproofhandyman understandable. Thanks for everything and all the good info. It's very specific.
What call out and hourly rates are people charging in Austfalia?
I have no idea unfortunately
@bulletproofhandyman I figured you wouldn't know, was just putting it out there for any Aussie handymen to respond
How would i get jobs from property managers?
I have a couple videos on the site somewhere, but basically you just go to them and pitch your services.
I wonder how much other handymen in ATL are charging. I feel like I'm losing jobs following this pricing. I've even dropped down to $100/hr on jobs and customers still look at me like I have tentacles growing out of my head!
That could be true. It depends a lot on your client base. Property Managers will pay that if they need you and if you're good. Rich home owners will pay far more. Upper class will pay that much. Middle class probably not. Realtors and investors will if they need you. However, you don't get to charge that much by just showing up with a craigslist ad. That's what you can charge as a professional business if your clients find you to be someone that they want in their home. You may need to charge less or find new clients. These numbers are just a starting place, eventually you'll have to find your value in your market.
Thats because all these videos on youtube are nonsense... You'll find that you can consistently make 400-500 per month and thats about it
Definitely not 500 a month, I’m in Mesa AZ. We can definitely clear $600-$1000 in one day. Depends on the person and the job. But very least is $350 a day and I just started officially
@@ericpalacios3568 you'll see soon enough, i was kidding about 500 per month but these guys on here talking 1000 per day consistently are delusional.
There are no delusions here. Most of us who are operating full-time handyman businesses are staying busy year round for good money. At any given point in time, I'm coaching a handful of new guys with no experience at running a business and most of them find themselves booked out for a month or two almost immediately using the system that I promote on my channel. It's almost impossible to be a handyman and not find more work than you can possibly handle. The clients are endless and the number of people with the skills to keep them happy is dwindling.
You charge trip fee everyday or is that a one time fee on the bigger jobs - move out???
Think of the trip fee as a minimum charge per job. The trophy is charged per job, large or small. If it's small, then it's just the drip fee. As it gets bigger, I charge more.
@bulletproofhandyman Right on I was wondering about that. Thanks for the timely response I appreciate it.
What kinda of profit margins are you seeing? After materials, insurance, fuel, vehicle payments etc. what % could a handyman pay himself roughly? I know alot of variables but just a ballpark. I know you guys say your doing 200k-300k per year by yourself mostly but what kind of owner draw does that provide? Im currently part time self employed but looking to replace my 100k per year gross w2 job because i dont have the employee mindset i hate everyday !
The margins can change dramatically depending on how you're running the business and how busy you stay. The busier you are, the more efficient you can be with your time and materials and gas etc. Also, you're fixed overhead costs become a smaller percentage of total sales as your total sales rise since the fixed overhead does not rise.
However, there's a difference between what you can do and what you actually choose to do. I choose to not leave the house until 8:30 so that I can be home with the babies while my wife drops off our older boy. I also choose to finish my day up by 3:00 p.m. most days again so that I can get back home and have family time. I also choose to pursue the CZcams channel in a very serious way, which means I'm oftentimes taking entire days off devoted exclusively to CZcams.
I would say if you are willing to work seven days a week, with five of those days being on the job and two of those days being admin work, restocking inventory, cleaning out the van, pursuing new clients, etc. Etc. Then you could expect to make more than 150,000 a year in your pocket, but that's only if you are literally putting every minute of every day into the business.
Don't get me wrong, you could charge even more and make even more, but that's not my business model. I'm not trying to get rich this year, I'm trying to build a very permanent and long-lasting company that can take care of my family when I'm gone.
I wish I had more direct answers for you, but this business is whatever you make of it. In the end, it's up to you to decide how many hours per week you want to put in and then how much time you want to invest in making your business as efficient as possible. Without hiring employees, I don't think I would be able to get my personal income up to 200,000 unless I was just charging too much because I could.
Thanks for the reply! Im in the same boat as you where i want to spend time with my family. Im not totally money driven but also just want to provide a comfortable living for the 4 of us. I also want to build a business that will be passed on when im gone but i wonder it that very feasible with handyman. It seems to me like it would be hard to find good reliable employees that are jack of all trades like myself?? I suppose my my wife could sell the established business if i were to die. I also own a commercial income producing property that i run part time i just want another income that is flexible. Looks like most handyman have flexible schedules being able to work for who you want when you want and for how much you want
My schedule is 24/7 really, but I'll have this built to keep rubbing without me eventually. It's extremely difficult finding good skilled workers even when you pay great, but I'll get it there. Systems and processes, over time. That's my plan
I thought you changed to Cover Wallet...
I started a policy then found out the cheaper plan wasn't the coverage they said it was. So I cancelled it and reconfigured my Next coverage.
@@bulletproofhandymanso no to cover wallet ?
I'm definitely not saying that you shouldn't use cover wallet, just that they didn't turn out to be the correct option for me. I don't know exactly why this is true, but it seems very similar businesses with very similar requirements can get dramatically different prices from these insurers. My advice is always to shop around. Get at least three estimates from three different companies and go with the one that suits you the best. I was excited about cover wallet but they just happened to not be the right provider for me at this time.
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Fantastic video. But, unless I missed it, you didn't mention the "but I'm a single mom" discount. 🤔
I probably didn't mention that. To me, helping people is something you do on a personal level. I am in support of doing community service, it just doesn't factor into a pricing video.
Is day rate for 6 hrs or 8 hrs?
I don't do day rates, but if I did then it would be for 6 hours. 9am to 3pm, or 9am to 4pm with an hour for lunch. I think most people would want your day rate to be for 8 hours. I always suggest just charging per job with no reference to how much time it takes.
I will gladly change out toilets for $350 all day long! Including the wax ring!
Me too!
Plumbers charge 500+ so 350 for a handyman is easy as pie
lol..... "well, that shouldn't be blank. That's weird. Well, that sucks...." lol.... "what's going on here? Gi-me a second..." Hurry up! I'm losing income....lol Greg [garden grove, CA usa]
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Fuck... i am too cheap as a professional Tradesman 😮
Thats likely, most of us are. It's a skill to learn how to keep your prices where they should be. It's a job that never ends.
when you bid jobs low, you harm the industry. Find good clients, charge according to the jobbed skill level and don't be afraid to reject a cheap client; they'll always stay cheap. You're better off spending that time finding better customers.
Handyman pricing 2024: making DIY’ers go the extra mile while saving a suitcase of stupid money (like $600 per day, 🤦♂️)
Lol good for you. You didn't be paying other people do do easy diy tasks that you can do yourself. CZcams is an amazing resource.
This information is NOT correct for all areas and certainly it is NOT a bombproof business.
BEFORE you worry about pricing you better think about local and state laws that restrict maximum earnings including materials per job (like CA. $500 and Hawai’i $1k) and licensing requirements. Most states will not allow plumbing, electrical, remodelling, painting, fencing and etc. without contractors licenses…NOT JUST A HANDYMAN BUSINESS LICENSE, which you will need too. Better know the laws, regulations, codes and permitting or YOU WILL PAY THE PRICE. Someone WILL turn you in, including customers so they don’t have to pay.
There is also permitting, comprehensive business insurance (morons work without it), vehicles (business vehicles are charged more in some area for everything DMV), tools, fuel, bonding, medical insurance for yourself and family (yes you will need it), bookkeeping, taxes (feds take around 25-35% gross on small businesses - somebody has to pay, corporations and rich don’t…thanks trump) materials (somewhere around 20-50% of gross income if you know anything about bookkeeping), uniforms, advertising, employees(which carries a whole different load, including workers, compensation, insurance and a ton more), and a lot more expenses.
Remember contractors have the experience, proper tools, understanding of job nuance and the full backing of licensing you do not. Get crazy with pricing a pro will always be the better choice. Too low and you will be out of business. Do it illegally and you will eventually pay a hefty price, including possibly time in jail.
If your only knowledge is CZcams, framing helpers, and/or working as dad’s runner years ago, this is NOT THE JOB FOR YOU.
I typed out a whole response to this and then realized it wasn't necessary. You've watched one video and then made a hundred assumptions. Take some time to watch more than one video that focuses in on pricing. I know you haven't, because if you had then you would have realized that I've already said literally everything you've said a thousand times.
This channel is devoted to teaching solid hard working fathers and husbands and sons how to become something more than they are and how to provide the security that their family deserves by starting and running a legit business filling the needs that contractors won't fill. These needs are currently being filled by "handymen" who are all of the bad things that you've assumed here in your comment. I teach them how to obtain their proper business licenses, LLC, insurance, bonding, software, CPA, etc... I teach them how to figure out the regulations so that they are staying well within the bounds of their local regulatory environment from the local municipality up to the state and federal level. I teach them to be well groomed, professional, and ethical. I encourage them to work towards obtaining specialty residential contractors licenses or even general if they have the passion for that. I teach them how to figure out the true value of a job well done and to stay within that fair pricing window rather than gouging every customer they stumble upon. I teach them how to market as well as how to put themselves into a position where marketing is no longer necessary. I teach them the value to a client when they have a handyman who runs his business like a professional and not like a "chuck with a truck". We talk about family values, morals, ethics, and what it means to be a good father, husband, son, and a good man in general.
Whatever you think you've pointed out in this comment, I assure you that anyone who is watching this channel and taking my advice is running a business that would put most contractors and most "handymen" to shame.
I do disagree with a few of your comments above but not enough to want to hash it out here in a comments section.
This is a career that is capable of revitalizing the lives of good men and the families that rely on them with an honest six figure income if it's done in a professional manner, above board, legally, and professionally. Please consider joining in a positive manner and contributing to the betterment of hard working blue collar men, or perhaps taking your anger somewhere else where actually applies. I'd be happy with either of those options, but if you continue to leave these types of comments here, you're just preaching to the choir.
yoiu keep saying the sme thing over and over
If you still watch it then he made a good video by CZcams’s standards
Handyman are no longer handy. They're too expensive to hire!!!
The good ones are. Everybody went to college instead of learning how to fix and build stuff. So here we are...
@@bulletproofhandymanObviously you're so expensive that nobody can hire you hence you can reply to comments in the middle of an afternoon. J/k haha
Don't lie to people. Most top handymen plateau at 150k (3k a week consistently). Making more is possible on random jobs but not consistently. If you are out to help people the best thing you can do is not lie
Yeah bud I don't think I said anyone was going to make any particular amount per year. Some will be lucky to make $80,000 in their city. Others make $200,000+ consistently. This video was a pricing guide, not an annual revenue video. Pay better attention if you're inclined to make comments.
Also I agree, $150,000 is probably average if not high for most. I'm pretty sure I repeated multiple times that I shoot for $100 per hour, on the job 6 hours per day, or $600 per day. That's $3,000 per week just like you said. I can't fathom where you think I implied that they're likely to make more than that.
Possible, yes, but not likely when averaged out over time.
@@bulletproofhandyman I can tell you don't do accurate accounting. It is near impossible to consistently make over 150k a year. A lot of bullshitters will tell you they do but I assure you they don't (they may make the rate on a job or two, but not consistent where it matters). People are not retarded, they will not just randomly pay you $800 to put in a toilet....there has to be a rhyme or reason to your pricing.
It's very clear to me that you didn't actually watch the video, or you didn't pay attention to it. Toilets are $350. And again, I did not claim that anyone should expect to make $150,000 a year or any specific amount per year. This video was a guide to figuring out your pricing, not a prediction of what anyone's annual revenue would be. Revenue is not the same as income. A handyman could do $300,000 in revenue with only $100,000 of actual income. In my opinion, $150,000 a year is not likely if you're not in a major city and if you're not very experienced. Nowhere in any of my videos do I tell anyone that they should expect to make that much. In fact, I try to reiterate over and over, in the course of the last 160 videos, that the goal is not to get rich nor is it to make $1,000 a day. The goal is to build a solid business while charging whatever your value is with your skill level in your market with your clients.
Obviously you said very clearly $350 for a toilet (including toilet). People like to pick their own fixtures so you should just be throwing out a fair labor price....which is $150 - $200 on the cheap end and $400 on pricy side. Different clients will pay differently but you should have a medium price that works for most.
I'm just saying for the people starting that they will not be consistently busy and making $50k cash your first year in business is a good starting point. People need real honest numbers not pipe dreams like the other handyman channels sell.
No you're incorrect. $50 cash is neither reasonable nor is it what they should expect. A brand new guy who can fix stuff but has never done it for a living can start at a minimum of $80 per hour and have enough work to stay busy every single day for years, IF they are professional, reliable, and if their work is solid. I have hundreds of not thousands of subscribers who are actively making that happen for themselves. Your lack of having done that is not relevant to whether or not others can.
Also yes people can pick a more expensive toilet and pay the difference, but after 3 years and dozens of toilets nobody has wanted that. They just want a toilet that works. I don't think anyone watching was confused and thinking that they should install a $350 toilet for $350. It's $250 labor and $100 for a basic toilet. If they want a $200 toilet then they can just pay $450.