I do $100 for the quote added in price, $900 a day labor rate, materials varies, $50 for picking up materials, $50 a day for each day for gas that I'm on job. This formula works well I'm a mason.
I needed this... I've always charged based on difficulty and I've become a pretty good carpenter so I've been underselling my skills smh... straight up Hood prices lol.
I charge by the job and I've created a template for myself similar to what you have in the vid. Basically I list the job, how long the job will take me (in minutes), and any material needed. My template includes allocation of material and a disposal fee. I leave them blank if not needed. At the end, I total my time & divide by 60 (based on my rate), then add any materials I have to purchase. I also have a minimum charge, which covers 1-hr and a trip charge. I work solo, no employees, and if I have to hire a helper... what I pay them goes on the material side of the form.
Very good lesson on how to bid direct labor costs. Don’t forget that cost of employment could be 100 percent more than the hourly rate a craftsman wants to pay himself an hour. Example: $16 employee bring home 20 per hour employee rate 35 per hour employer cost 38 for 3 per hour benefits And we haven’t even touched company overhead and profit.
Simple formula for beginners. Homeowner needs a new front door. You think an easy two hours, to remove old and install new. Double that time plus materials , plus time to get materials. An older home will always present unexpected surprises that will cost you extra time.
Great, Thank you for your time and effort on this, My wife of 35yrs. Is a left handed and the only thing here thats distracting is the left hand writing, makes me want to watch you do carpentry,
I think there’s a very wide spread in ability, capability, experience, and of course local averages. Also, supply and demand is a major factor. If your customers are telling you that you’re the only one answering your phone or calling people back, your stock is pretty high. Also, doing handyman work as an experience contractor with decades of experience and tools and equipment well into the mid 5 digit numbers is also a factor, especially compared to a handyman that does it as a side hustle or retirement gig with minimal skill and experience. The sector is diverse in that way. If you’re getting every single job you estimate, you’re too cheap. If you’re so busy that you are hesitant to schedule out any further, you’re too cheap. Your customers are paying for lots of things (or not conversely); skill, your experience, overall quality, your ability to design a functional and durable solution to the problem at hand, as well as the health of your business and longevity. It does the customer no good for you to go under in two years because you’ve priced yourself out of profit and prosperity. What weight does a warranty or standing behind your workmanship do if you’re belly up after a couple years. This is an interesting video to come across, but it’s definitely more in line with the metric a person would use in a side hustle scenario. If you’re netting that little in a day, just go work for someone else and forego the overhead, cost of doing business, and very importantly, the liability exposure. If the customer wants close to DIY pricing, they can always opt to DIY. Just some things to think about.
Task Rabbit charges $75/hr to hang a picture. You've got to rigorously account for dump fees. Our local landfill charges $33/cu yd ave for most construction debris, NOT by the pound. and there's a minimum $33 no matter what the size so that fence post concrete just cost you $33 to get rid of plus driving.
Good advice! Especially liked the idea of being very specific about what you are agreeing to do on any particular job. And I never thought of cleanup as part of the job-I certainly will for now on!
We hardly do sq Ft pricing on jobs now especially on renovations. Typically we try to add up what each task takes in hours, then multiply that by our contract rate and it gives us a a great start to the estimate
I work as a professional painting contractor and this video on how to price projects was very helpful and I actually incorporate most of these things into my estimates. Based on my experience, the most difficult jobs to estimate are the ones where I haven't actually done in the past or when your customer is working with a very slim budget because almost any figure will be too much.
figure out your expenses per job, then double that number, thats your mininum price, go up from there ,make adjustments on type of job and experience you have to charge what YOU feel your time and knowledge is worth. don't get caught up in what everyone else is charging, unless you want to be like everyone else. stand out from the rest, by being the best for YOUR clients.
If you are making $25 an hour as an owner, you are making less than what you could make working for someone else. With that said, charge what you want to make, not what any given customer is willing to pay. You have to learn to walk away from some jobs. Getting one out of five quotes approved is very typical.
If you want to make $25 an hour as a owner you must charge a minimum of a factor of 2.5 times $25 = $62.50 an hour. This would would allow the following percentages. Personal income 40%, Business income 20%, Business expenses 25%, Taxes 15%. These are estimates and every business will be different but good guide line to get started planning. What you want to make an hour is different from what you sell your services for per hour. The $25 hr wage earner is taking home about $18.75 hr and no tax advantages of a business.
At the start of the video i explained i just picked an easy round number. You have to factor in 1/3 to uncle sam etc. However, this video was to highlight to newbies how to visualize workhours and bid accordingly.
My minimum charge for little stuff is 125 for first hour 75 per hour per man after. Best way to sell is figure out how many hours you think itll take then multiply by 75 per man per hour. That's how I do it. Flat rate. I also have employees
Absolutely. My minimum is $160. And that's just my hourly rate x2. Most smaller jobs I can get done in under two hours. Faucets, mounting TVs, replacing toilets, etc.
That's all well and good if you are working on week ends for cash from friends and neighbors. If you are trying to support yourself with no other means of income that is not enough allowance to cover your expenses. Track your time spent to; inspect the job, prepare the cost out and estimate, expedite materials, mobilization (load all your stuff to go), job site prep, perform the work broken down by each separate phase for use in future estimates, jobsite clean up, demobilization (unload all your stuff), billing time and record keeping. Don't forget to include an allowance for vehicle(s) - (purchase, fuel, maintenance, insurance), tools purchase and maintenance, accountant and book keeper fees, advertising and printing even if only cards, business licensing including bond and insurance, legal fees. You also need to include an allowance for your shed, shop, garage etc along with your office space and whatever else I forgot. Oh, and don't forget to include an allowance for your retirement that is protected and secure. Check out The Handyman Business channel. I am not affiliated with him in any way but he has a good handle on what the business side is all about
Agreed. This is a response to the dozens of messages I've gotten on how to price work. It was a general idea on how to price something and to visualize your hours needed to do it.
Rabbycacker I so agree with you!!!! This is a horrible example for business consideration! Even if you say “oh I’m just trying to give an example” the fact is you are painting a bad picture and leading aspiring business men and women in the wrong direction! Not to mention customers that may be watching this.
Thanks for the Video! Apologies for butting in, I would love your initial thoughts. Have you thought about - Rozardner Successful Handyman Reality (Sure I saw it on Google)? It is an awesome one off product for how to start a handyman business without the hard work. Ive heard some decent things about it and my best friend Jordan at very last got excellent results with it.
Me personally price based on 3 main factors. First how far away they are. Guy down the road will get a better deal than the guy an hour away. 2nd how much a pain the job is gonna be. The guy that wants bricks moved across a yard because the forklift will get stuck in the mud is getting quoted $500 an hour, lol. 3rd how busy I am. If I'm getting booked around the clock my rate is gonna start climbing. Until ppl stop booking me.
Figure all jobs one day $20x8 = 160 plus materials $25 cost for job = $185 plus 15%-30% = $217-$264 I will remove and install a post in less than 1 hour it takes me longer to go buy the post and bring it to the Customers house than it takes me to install it. You must always remember things could happen. If you figure a post by the time it takes you to go look at the job, go home and figure out the Estimate, type and send, go buy materials and install the post in 4 hours add 2-4 hours to that. This allows you to not only properly install the post. But also does not have you rushed out wondering if you'll make any money. I like your method but going by the hour does not make you any money.
I was showing an example. Also, i do a mental visualization of how many hours i think it will be. This is to help people who message me saying they can't figure out how to price. You have to imagine how many hours it will take, then bid based on that, until you get enough experience to know. Thanks for the reply though!
I understand what you are saying, for example i charge 60/HR internally, which means I don't tell the customer that. I keep it to myself. I estimated the better part of the day on 1 job. To me I have to dedicate that day for that task. So I said 500 which is about 8 hours at 60. But I took a friend and finished in 4. Paid him 50/HR and made 300 in one day on one task that took 4 hours
Hi if Im a handyman and I need to attend the job but the tenants will not be on the property on the day of booking (they agreed for me to pick up the keys to estate agents office) to let myself in, however it's a bit far, do I need to charge for the pickup and drop off of the keys back to their office?
Whatever you would be happy with that’s how much to charge once you do a couple jobs you will automatically get a price in ur head by just looking at what needs done
I never give the cu and hourly rate if asked. They bird dog you with a watch. I don't itemize parts. Bid the task as a task parts included. To easy for them to go online and check prices to see your markup. "Old timers called it... Don't Salami yourself". If you work by the hour the cu may get sticker shock and become an uncomfortable experience then drag feet on paying you. Always a bad scenario. Won't lead to future jobs or referrals. At least in the task estimate they get their idea of cost before any tool is picked up.
$45. Hr for sub trades $ 65. To $100. Direct retail for hands on , contracting add 35% . Big jobs take your costs add yourself as a sub trad wage per hr , so cost +wage x bye 3 that can give you a profit and operating expenses .
I have asked for a quote to have a complete bathroom refurbishment which involves gutting and removing the existing furniture and then installing new repositioning the bath tiling separate shower with glass screen and painting part wall. The quote was BDS$12,000 the contractor has asked for 60% deposit he will not be providing anything apart from the labour of his men. The 40% on completion. I am astounded.😳 I will therefore have to provide the tile cement hinges etc... Incredible.. What am I paying the 60% for. Oh and the skip for the rubbish..
$20 an hour. You are making yourself a slave. In less, you are way out in the sticks somewhere. Tools, Gas, insurance, truck maintenance, advertising, taxes and legal all need to be added into your equation to figure out break-even point. Now add in living expenses. Now, what % do you want to make above all that as profit? Money in the bank. Doing it on a spreadsheet is very helpful because it is very easy to keep changing the numbers and letting it re-calculate totals.
I charge 50hr if they say no i say bye bye if its a single mom i cut her a break or older folks and veterans other than that thats the price i am in nj
Hello I want to start a carrier as a handyman. I want to get some experience before I apply for jobs because everybody wants experienced workers. How can I do this? Should I go to school? If yes, do you know any school in Miami, if not anywhere in the US? Thx
Costs are factored by me. I'll make a list of items i think ill need and then check home depots website, then add 25-35%. I also include in the bid/contract section that materials are estimated and more may need to be purchased.
M. Victor Abercrombie the best website to help you with pricing jobs is www.homewyse.com. When you type in the search what you were looking for, example: setting a fence post, it uses Google for it’s search engine so you will see the first listings in the search results are ads. Go past those and look for the first listing that shows after the ads. It should show the website address at the bottom and it should read homewyse.com.
Yeah that's just way too low for me. Charging $20/hr will put you out of business real quick. Or you'll constantly be running around from job to job trying to make a decent monthly income.
$20 per guy is probably the lowest I'd go if just starting out. Below that actually scares ppl off I think. They see a handyman charging $10 and first thing they think is what's wrong with this guy? Gotta be some reason hes so cheap. And they go with the guy that looks like a pro at the higher rate.
Good for you, back of the sack licker.... narcissistic much? That way to much for sumbitch that can’t really listen or comprehend what someone is saying, more than once...
We just had a client saying that he could it just have hired a pair of younger kids and paid them $5 dollars an hour to rake the leaves, my respond was yes you’re right you should it have if you think our price was high and also just be aware of the job you will get by paying $5
@@raymondvilleneuve5752 Electrical, that’s average work sold per visit. All cost to run your own Van. Included stock material, insurance, burden cost, Vehicle cost, marketing, profits, overhead etc.
I laughed when you talked of 20 an hour being too low for your ability drywalling. You need to have different rates for your own abilities. Instead you are attempting to use some random thought process and adjusting to a per job at say 60 an hour for things you are good at. Have varying rates and explain it to them As an example, a 35 year journeyman drywalled working a crew of 5 total will do 10,000 square ft of drywall a day ready to paint. (5 days after start of job 10K feet drop out complete daily). These guys earn 50 an hour or so, in fact union retirement is 60K a year! Meanwhile, it is EASIER to repair 4 ft X 3 ft of sheetrock than a 1 ft square and have it not show. Takes the same time but a little more material. As a contractor in TX I did ONLY time and material jobs in major remodels. It was hard at first, but then customers began to talk to others and realized how much they saved, and that there were never change orders ( a great rip off technique). I explained in the beginning, if we find any "hidden" issues they would have to be fixed but client would be advised before work proceeded. Never had a complaint and never left a hidden issue. Never had to look for work.
I know this is a year old but who the fuck works for $20 an hour? I’m a handyman in Australia, my hourly rate is $70 an hour + materials and tax (GST). If I am quoting a job and I think it is going to take me 2 hours I quote for 3, cos you never know what could happen to slow you down. Best to over price because you can’t come back and ask for more if you run into problems. My hourly rate covers my wage, petrol, car maintenance and admin, I also factor in travel in my quote as well.
Good God partner, you should just use a dollar an hr. that way no body would want to be ahandyman . minimum in my area its 100.00 anhr standerd 1000.00 is not uncommon
To decide “your rate” First thing you need to do is figure out how much you need to make . Add up all your expenses for a year. Rent , food, utilities, gas, truck payment and /or repairs ect....... Divide that total by 2000 hrs you work in a year. That’s your starting hourly rate . Then you can tweak this as you go , adding profit margin and nailing down your overhead % also. Do not just guess an hourly rate . Good luck 👍
You are giving people big advises but can I ask you- Where is in that quote your holliday? Where is your sick leaves? Where is the time when you just around looking for job spend time with the quoting on jobs what you didn't get? Always think that way IF I AM EMPLOYED I WILL HAVE : this much for hour ... that long paid holiday (4 weeks).. that many sick leaves (3 weeks) and then think mere advance lol. You have to pay your car tools and all this what you don't need to pay when you are employed. I know you are paying all this from your rates what you forgot to add on and then from your "$20" is then $10 on end of the year.... The worst is you are sharing this "knowledge".
@@justinnunez2839 do you realize that self employment taxes and overhead of doing business will cast about 40% of $40 that's why I said if you charge less then that as a business you better of working for some one.
Lovely Video clip! Sorry for chiming in, I would love your initial thoughts. Have you researched - Rozardner Successful Handyman Reality (should be on google have a look)? It is a good exclusive guide for how to start a handyman business minus the hard work. Ive heard some interesting things about it and my cousin after many years got great results with it.
Cheers for the Video! Excuse me for chiming in, I would appreciate your opinion. Have you heard about - Rozardner Successful Handyman Reality (search on google)? It is a smashing one off guide for how to start a handyman business minus the normal expense. Ive heard some decent things about it and my mate after a lifetime of fighting got cool success with it.
I do $100 for the quote added in price, $900 a day labor rate, materials varies, $50 for picking up materials, $50 a day for each day for gas that I'm on job. This formula works well I'm a mason.
Sheesh I do $1200 per day + material
@@A.AofSpadesthat's cool.
How do you do it?
I needed this... I've always charged based on difficulty and I've become a pretty good carpenter so I've been underselling my skills smh... straight up Hood prices lol.
I charge by the job and I've created a template for myself similar to what you have in the vid. Basically I list the job, how long the job will take me (in minutes), and any material needed. My template includes allocation of material and a disposal fee. I leave them blank if not needed. At the end, I total my time & divide by 60 (based on my rate), then add any materials I have to purchase. I also have a minimum charge, which covers 1-hr and a trip charge. I work solo, no employees, and if I have to hire a helper... what I pay them goes on the material side of the form.
Very good lesson on how to bid direct labor costs. Don’t forget that cost of employment could be 100 percent more than the hourly rate a craftsman wants to pay himself an hour.
Example:
$16 employee bring home
20 per hour employee rate
35 per hour employer cost
38 for 3 per hour benefits
And we haven’t even touched company overhead and profit.
Tell us more, maybe make a video? What about workmans comp insurance, and other things it takes to be "legal"?
Simple formula for beginners. Homeowner needs a new front door. You think an easy two hours, to remove old and install new. Double that time plus materials , plus time to get materials. An older home will always present unexpected surprises that will cost you extra time.
Great, Thank you for your time and effort on this, My wife of 35yrs. Is a left handed and the only thing here thats distracting is the left hand writing, makes me want to watch you do carpentry,
That’s funny you point that out. My father is actually a left hand carpenter and it is hilarious watching him
I think there’s a very wide spread in ability, capability, experience, and of course local averages. Also, supply and demand is a major factor. If your customers are telling you that you’re the only one answering your phone or calling people back, your stock is pretty high. Also, doing handyman work as an experience contractor with decades of experience and tools and equipment well into the mid 5 digit numbers is also a factor, especially compared to a handyman that does it as a side hustle or retirement gig with minimal skill and experience. The sector is diverse in that way. If you’re getting every single job you estimate, you’re too cheap. If you’re so busy that you are hesitant to schedule out any further, you’re too cheap. Your customers are paying for lots of things (or not conversely); skill, your experience, overall quality, your ability to design a functional and durable solution to the problem at hand, as well as the health of your business and longevity. It does the customer no good for you to go under in two years because you’ve priced yourself out of profit and prosperity. What weight does a warranty or standing behind your workmanship do if you’re belly up after a couple years. This is an interesting video to come across, but it’s definitely more in line with the metric a person would use in a side hustle scenario. If you’re netting that little in a day, just go work for someone else and forego the overhead, cost of doing business, and very importantly, the liability exposure. If the customer wants close to DIY pricing, they can always opt to DIY. Just some things to think about.
Task Rabbit charges $75/hr to hang a picture. You've got to rigorously account for dump fees. Our local landfill charges $33/cu yd ave for most construction debris, NOT by the pound. and there's a minimum $33 no matter what the size so that fence post concrete just cost you $33 to get rid of plus driving.
In uk I charge £130 ph
Good advice! Especially liked the idea of being very specific about what you are agreeing to do on any particular job. And I never thought of cleanup as part of the job-I certainly will for now on!
Great video, really helps to have a framework as I go self employed for the first time
I was going to name my business "the handy dandy" years ago and then I found out handy dandy is now slang for a hand job! So I didnt lol
Be honest. You gay.
Thank you for this video. I learner lots and am encouraged by the process.
We hardly do sq Ft pricing on jobs now especially on renovations. Typically we try to add up what each task takes in hours, then multiply that by our contract rate and it gives us a a great start to the estimate
I think it’s good to do the sqft price if you are choosing the materials and design other than that I’d do what your saying which is by task
@@lancefrank6742 for sure, Renovations are hard to quote sq Ft pricing unless the demo has already been done ect to expose the original structure
I work as a professional painting contractor and this video on how to price projects was very helpful and I actually incorporate most of these things into my estimates. Based on my experience, the most difficult jobs to estimate are the ones where I haven't actually done in the past or when your customer is working with a very slim budget because almost any figure will be too much.
figure out your expenses per job, then double that number, thats your mininum price, go up from there ,make adjustments on type of job and experience you have to charge what YOU feel your time and knowledge is worth. don't get caught up in what everyone else is charging, unless you want to be like everyone else. stand out from the rest, by being the best for YOUR clients.
Thanks that helps. Clean up time I never thought about that.
Thanks for this:) I’m doing an estimate for the first time today!
How did it go?
@@tldalton1622 he might still be doing the job.
Fair video for beginners thanks!
good video learned alot thank you
thanks, you got good example with the sheet of drywall job.
If you are making $25 an hour as an owner, you are making less than what you could make working for someone else. With that said, charge what you want to make, not what any given customer is willing to pay. You have to learn to walk away from some jobs. Getting one out of five quotes approved is very typical.
Very true. If you're just starting out. Not so true. But I promise that in time it will.
If you want to make $25 an hour as a owner you must charge a minimum of a factor of 2.5 times $25 = $62.50 an hour. This would would allow the following percentages. Personal income 40%, Business income 20%, Business expenses 25%, Taxes 15%. These are estimates and every business will be different but good guide line to get started planning. What you want to make an hour is different from what you sell your services for per hour. The $25 hr wage earner is taking home about $18.75 hr and no tax advantages of a business.
At the start of the video i explained i just picked an easy round number.
You have to factor in 1/3 to uncle sam etc. However, this video was to highlight to newbies how to visualize workhours and bid accordingly.
Yup I pay my guy $20 an hour to help me. Usually do 60-80 an hour here in Florida
No sorry needed! This video is perfect! 😩🔥
This video is so helpful. Thank you.
My minimum charge for little stuff is 125 for first hour 75 per hour per man after. Best way to sell is figure out how many hours you think itll take then multiply by 75 per man per hour. That's how I do it. Flat rate. I also have employees
Absolutely. My minimum is $160. And that's just my hourly rate x2. Most smaller jobs I can get done in under two hours. Faucets, mounting TVs, replacing toilets, etc.
What state or area you in ?
I agree with you I think 75 per hour is stander price that’s what I do too
Your advise sounds better . 20 dollars an hour won’t make it
Excellent content thank you very much
So helpful! Thank you!
Thank u Sr , really appreciate it.
Thanks for your share this info...
Very simple alternative. X your labor by 2.7% this is a great T&M quick calculation. Always mark up materials!
That's all well and good if you are working on week ends for cash from friends and neighbors. If you are trying to support yourself with no other means of income that is not enough allowance to cover your expenses.
Track your time spent to; inspect the job, prepare the cost out and estimate, expedite materials, mobilization (load all your stuff to go), job site prep, perform the work broken down by each separate phase for use in future estimates, jobsite clean up, demobilization (unload all your stuff), billing time and record keeping.
Don't forget to include an allowance for vehicle(s) - (purchase, fuel, maintenance, insurance), tools purchase and maintenance, accountant and book keeper fees, advertising and printing even if only cards, business licensing including bond and insurance, legal fees.
You also need to include an allowance for your shed, shop, garage etc along with your office space and whatever else I forgot.
Oh, and don't forget to include an allowance for your retirement that is protected and secure.
Check out The Handyman Business channel. I am not affiliated with him in any way but he has a good handle on what the business side is all about
Agreed. This is a response to the dozens of messages I've gotten on how to price work. It was a general idea on how to price something and to visualize your hours needed to do it.
Rabbycacker I so agree with you!!!! This is a horrible example for business consideration! Even if you say “oh I’m just trying to give an example” the fact is you are painting a bad picture and leading aspiring business men and women in the wrong direction! Not to mention customers that may be watching this.
Thanks for the Video! Apologies for butting in, I would love your initial thoughts. Have you thought about - Rozardner Successful Handyman Reality (Sure I saw it on Google)? It is an awesome one off product for how to start a handyman business without the hard work. Ive heard some decent things about it and my best friend Jordan at very last got excellent results with it.
rabbycacker is a limp clitted back of the sack licking narcissistic twat!
@@ericsolberg8812 don't be such a Karen
Great advice brother
thank you for your advice
We are all born left-handed but only a few of us smart enough to use it 😎
Me personally price based on 3 main factors. First how far away they are. Guy down the road will get a better deal than the guy an hour away. 2nd how much a pain the job is gonna be. The guy that wants bricks moved across a yard because the forklift will get stuck in the mud is getting quoted $500 an hour, lol. 3rd how busy I am. If I'm getting booked around the clock my rate is gonna start climbing. Until ppl stop booking me.
That's def to be factored in but this was made for the guys along me about the basics.
As you do work, you figure out your own pricing variables.
Great video! Thanks Brother!
perfect vid
Figure all jobs one day $20x8 = 160 plus materials $25 cost for job = $185 plus 15%-30% = $217-$264
I will remove and install a post in less than 1 hour it takes me longer to go buy the post and bring it to the Customers house than it takes me to install it. You must always remember things could happen. If you figure a post by the time it takes you to go look at the job, go home and figure out the Estimate, type and send, go buy materials and install the post in 4 hours add 2-4 hours to that. This allows you to not only properly install the post. But also does not have you rushed out wondering if you'll make any money.
I like your method but going by the hour does not make you any money.
I was showing an example. Also, i do a mental visualization of how many hours i think it will be. This is to help people who message me saying they can't figure out how to price.
You have to imagine how many hours it will take, then bid based on that, until you get enough experience to know.
Thanks for the reply though!
I understand what you are saying, for example i charge 60/HR internally, which means I don't tell the customer that. I keep it to myself. I estimated the better part of the day on 1 job. To me I have to dedicate that day for that task. So I said 500 which is about 8 hours at 60. But I took a friend and finished in 4. Paid him 50/HR and made 300 in one day on one task that took 4 hours
Now multiply that fencepost for 150 linear ft of fence in texas Hill country rock ground. Welcome to my life lol
Hi if Im a handyman and I need to attend the job but the tenants will not be on the property on the day of booking (they agreed for me to pick up the keys to estate agents office) to let myself in, however it's a bit far, do I need to charge for the pickup and drop off of the keys back to their office?
$60/HR X hours, 2 time slots a day, AM and PM, round up to 4 hours if you can. And if its 4 hours, charge 5, $300/ half day for drive and lunch
Whatever you would be happy with that’s how much to charge once you do a couple jobs you will automatically get a price in ur head by just looking at what needs done
Thanks boss
Thanks
Very helpful..just trying to understand how other handy man. Quote me pricing. Lol
Where are you doing this "online research" to get amounts others charge in the area?
I’m really struggling. My company is wanting me to determine job hours I’ll need for a job with no material. Just programming PLCs. Shit idk!
First bid today thanks for the video
How'd it go?
@@milehigh3054 and they were never heard from again
Your southpaw chicken scratch looks just like my southpaw scratch. We must of went to the same school. Lol
School of hard knocks!
Nailed it
I never give the cu and hourly rate if asked. They bird dog you with a watch. I don't itemize parts. Bid the task as a task parts included. To easy for them to go online and check prices to see your markup.
"Old timers called it... Don't Salami yourself".
If you work by the hour the cu may get sticker shock and become an uncomfortable experience then drag feet on paying you. Always a bad scenario. Won't lead to future jobs or referrals.
At least in the task estimate they get their idea of cost before any tool is picked up.
In 10 years I’ve rarely had any of the issues you describe but thanks for the comment!
Easy charge by the book $65 x hr + material or new construction by square feet $120
thinking a job price is the best way to go.
Thank you Handy !
Anyone have the link from online pricing?
Raise them prices!
$45. Hr for sub trades $ 65. To $100. Direct retail for hands on , contracting add 35% .
Big jobs take your costs add yourself as a sub trad wage per hr , so cost +wage x bye 3 that can give you a profit and operating expenses .
Hes a handyman brother. You're talking ELITE licensed contractors. But yeah, that's about it.
How do you hourly , quarterly contract out for chrocheting. W2s also
I have never met a handyman that crochets... I imagine it would be charged by the job
I have asked for a quote to have a complete bathroom refurbishment which involves gutting and removing the existing furniture and then installing new repositioning the bath tiling separate shower with glass screen and painting part wall. The quote was BDS$12,000 the contractor has asked for 60% deposit he will not be providing anything apart from the labour of his men. The 40% on completion. I am astounded.😳 I will therefore have to provide the tile cement hinges etc... Incredible.. What am I paying the 60% for. Oh and the skip for the rubbish..
$20 an hour. You are making yourself a slave. In less, you are way out in the sticks somewhere. Tools, Gas, insurance, truck maintenance, advertising, taxes and legal all need to be added into your equation to figure out break-even point. Now add in living expenses. Now, what % do you want to make above all that as profit? Money in the bank. Doing it on a spreadsheet is very helpful because it is very easy to keep changing the numbers and letting it re-calculate totals.
I do not charge $20/hr.
I charge 3 times that. But not all areas pay that rate.
Also makes it easier when giving examples
I charge 50hr if they say no i say bye bye if its a single mom i cut her a break or older folks and veterans other than that thats the price i am in nj
@@albinsalguero6300 Same here.
Almost make me feel bad charging $100/hour...
@@nin469 na thats fine depending who you do work for
When you write with your right hand you can see if you’re writing legibly or not
Hello I want to start a carrier as a handyman. I want to get some experience before I apply for jobs because everybody wants experienced workers. How can I do this? Should I go to school? If yes, do you know any school in Miami, if not anywhere in the US? Thx
CZcams is a good place to learn about handyman skills
How you estímate per Square foto ?
I'm looking at scribble on a page I can't read.
What are some links to online pricing tools?
Homewyse.com
Thanks... "I'll fix your house"
What web sites help you estimate cost?
I would like to know to.
Costs are factored by me. I'll make a list of items i think ill need and then check home depots website, then add 25-35%. I also include in the bid/contract section that materials are estimated and more may need to be purchased.
If you mean to help you figure out what the are bid is in your area, there's Angie's list etc.
M. Victor Abercrombie the best website to help you with pricing jobs is www.homewyse.com. When you type in the search what you were looking for, example: setting a fence post, it uses Google for it’s search engine so you will see the first listings in the search results are ads. Go past those and look for the first listing that shows after the ads. It should show the website address at the bottom and it should read homewyse.com.
20 an hour to work for yourself . youve got to think about the over head to. picking up materials , gas and everything else
That I Will do IT for 150 $ or more
If it’s go hourly I charge $100 or $600 a day 8-10 hours , of corse with high quality
you charge 20 by hour .. I charge 140 per hour on labor only
Yeah that's just way too low for me. Charging $20/hr will put you out of business real quick. Or you'll constantly be running around from job to job trying to make a decent monthly income.
At the beginning, I stated I was using round numbers as example.
My area handles a much higher hourly rate
$20 per guy is probably the lowest I'd go if just starting out. Below that actually scares ppl off I think. They see a handyman charging $10 and first thing they think is what's wrong with this guy? Gotta be some reason hes so cheap. And they go with the guy that looks like a pro at the higher rate.
Good for you, back of the sack licker.... narcissistic much?
That way to much for sumbitch that can’t really listen or comprehend what someone is saying, more than once...
I have had some people over the years tell me they can do it cheaper themselves.lol
We just had a client saying that he could it just have hired a pair of younger kids and paid them $5 dollars an hour to rake the leaves, my respond was yes you’re right you should it have if you think our price was high and also just be aware of the job you will get by paying $5
Labor rate way too low for example. What about unforseen?
I cover both those questions in the video!
PMH...Per man Hour's......that's something to use to...
Most of my jobs are solo, but yes, if you have more than 1 person, then you want to account for person hours.
Homewyse.com have more information and estimate prices more accurate, that what I use, recommended. My rate with my van is around $480 per hour.
What kind of work?
@@raymondvilleneuve5752 Electrical, that’s average work sold per visit. All cost to run your own Van. Included stock material, insurance, burden cost, Vehicle cost, marketing, profits, overhead etc.
@@javiergiraldez1647 sounds high but I can kinda see it.
I laughed when you talked of 20 an hour being too low for your ability drywalling. You need to have different rates for your own abilities. Instead you are attempting to use some random thought process and adjusting to a per job at say 60 an hour for things you are good at. Have varying rates and explain it to them
As an example, a 35 year journeyman drywalled working a crew of 5 total will do 10,000 square ft of drywall a day ready to paint. (5 days after start of job 10K feet drop out complete daily). These guys earn 50 an hour or so, in fact union retirement is 60K a year!
Meanwhile, it is EASIER to repair 4 ft X 3 ft of sheetrock than a 1 ft square and have it not show. Takes the same time but a little more material.
As a contractor in TX I did ONLY time and material jobs in major remodels. It was hard at first, but then customers began to talk to others and realized how much they saved, and that there were never change orders ( a great rip off technique). I explained in the beginning, if we find any "hidden" issues they would have to be fixed but client would be advised before work proceeded. Never had a complaint and never left a hidden issue. Never had to look for work.
I know this is a year old but who the fuck works for $20 an hour? I’m a handyman in Australia, my hourly rate is $70 an hour + materials and tax (GST). If I am quoting a job and I think it is going to take me 2 hours I quote for 3, cos you never know what could happen to slow you down. Best to over price because you can’t come back and ask for more if you run into problems. My hourly rate covers my wage, petrol, car maintenance and admin, I also factor in travel in my quote as well.
Did you not hear the part where i said i was using round numbers to make the math easy? Have a good day!
Good God partner, you should just use a dollar an hr. that way no body would want to be ahandyman . minimum in my area its 100.00 anhr standerd 1000.00 is not uncommon
a day that is
To decide “your rate”
First thing you need to do is figure out how much you need to make . Add up all your expenses for a year.
Rent , food, utilities, gas, truck payment and /or repairs ect....... Divide that total by 2000 hrs you work in a year.
That’s your starting hourly rate . Then you can tweak this as you go , adding profit margin and nailing down your overhead % also.
Do not just guess an hourly rate .
Good luck 👍
You are giving people big advises but can I ask you- Where is in that quote your holliday? Where is your sick leaves? Where is the time when you just around looking for job spend time with the quoting on jobs what you didn't get? Always think that way IF I AM EMPLOYED I WILL HAVE : this much for hour ... that long paid holiday (4 weeks).. that many sick leaves (3 weeks) and then think mere advance lol. You have to pay your car tools and all this what you don't need to pay when you are employed. I know you are paying all this from your rates what you forgot to add on and then from your "$20" is then $10 on end of the year.... The worst is you are sharing this "knowledge".
It's better to charge by the job.. fuck it
I've never seen neat left handed writing lol
8 hr minimum
Nobody wants to get up early and be in traffic for 2 hrs
Less then $40 per hr you better off working for someone
In the us 40$ per hour is alot lol
@@justinnunez2839 do you realize that self employment taxes and overhead of doing business will cast about 40% of $40 that's why I said if you charge less then that as a business you better of working for some one.
Handy man and contractor is kinda like McDonald’s worker vs Gordon Ramsey.. … two entirely different skill levels. Just saying …
Lefties unite!!!
Hahaha
Lovely Video clip! Sorry for chiming in, I would love your initial thoughts. Have you researched - Rozardner Successful Handyman Reality (should be on google have a look)? It is a good exclusive guide for how to start a handyman business minus the hard work. Ive heard some interesting things about it and my cousin after many years got great results with it.
Cheers for the Video! Excuse me for chiming in, I would appreciate your opinion. Have you heard about - Rozardner Successful Handyman Reality (search on google)? It is a smashing one off guide for how to start a handyman business minus the normal expense. Ive heard some decent things about it and my mate after a lifetime of fighting got cool success with it.
$20/hr 💀
Handyman, $75 hr. minimum , or don't waste your time.
As customer I estimate what I get paid per day and calculate manpower labor. If you need machinery that’s different. A handy man is no expert
Depends on the handyman. Contractors just take an open book test
Thanks
Thanks