I like to watch these videos to see if I’m still in the right range! We are close to being the same (exactly for friends and family - I’ll even do it for their good friends)! This is my formula- Day rate: Labor + supplies = cost. Then + Overhead and Profit (depending on location - minimum 50% of total cost). Set up one day a week for a multi job day. For each job that day, charge an additional service charge on top of hourly labor. All other days, charge your day rate. Even if you end up doing two jobs one of those days; each job is a day rate charge. Example client needs a crack filled in a fiberglass tub, time to clean and fill crack 1 hour, time to dry 4 hours. In theory you can’t schedule another job that day because you’ll need another hour to sand and polish; that’s 6 hours total. So, you try to line up a similar in the area job to do that same day; and during that 4 hour dry time you go and do that job, and finish it off after the 1st job.
Me and you as far as earning wages before starting companies sounds about the same. Now I pretty much just bid and when I get time I do handyman work. I live in a more rural area and I think even if I lived in an urban area I would still do the same but I charge 150 to 200 typically just grabbing materials. If it takes you two hours to get materials you can’t be doing that for free .
Phone estimate is the best with the home owners photos attached to the text message. Site visits I hope u r charge for it, site visits r not free!!!!!!!!!!!!!!!!!!!!!!
I like you. Was wondering, how do you think people feel about paying you for your videoing the work? Do you give them a break while videoing? Just curious. I do just about the same things you do but Iv'e been doing it for free, eg. family. Put 8 replacement windows in and replace 6 rotten sills past week. I could of used the $95 an hour. Anyway what do you charge family members? or do you just say I'm too busy? THanks for the videos and keep it up.
In most circumstances I charge a set price which is based on an hourly rate so customers know what they are paying for. This allows me to take time to video as I'm not "on the clock." Most customers don't realize I do videos but the ones that do will encourage me. I'll discount family/friends at a $50 hourly or I'll sometimes do $200 half day $400 full day. Lot of times I'll do it for free though. But this is usually my standard.
Yeah, think about hiring someone who you could train, maybe apprentice. Would be easier and go faster... and you'd be involved in creating a next level workman like yourself!
I have a price list for anything and everything. This includes me profiting 40-50$ a man hour in a day at the minimum. Price list includes base price minimum charge time sqft lnft cube feet weight.Example say I’m painting exterior of house a gallon gets about 250sqft. I charge 2.50 a sqft plus materials and supplies of course. Now if it were something small or half my day for painting and only there making that one trip but not enough to charge by sqft I’d charge minimum 300 but depending on it all minimum goes 50-100-200-300-400-500 in most cases ID rather give a set price or at least and estimate that may be very close.Depending on the task or project. If I’m hooking up a sink in kitchen with disposal and if they bought disposal I charge 250-350 depending on style of sink and if I need to do new pipes and lines bathrooms 75-125. There’s a lot of ways to charge. Something like leaf removal out of yard is like 100 hour plus gas and dump fees. Cool think about this business is we get to do it all and charge at all levels while producing top notch work and still saving customers money from going to a company that only specializes in one area
I like this….I have a scenario for you…say you’re working out of town for a relative, staying at the location the work is being done…and the work consists of anything from stripping paint/painting deck, replacing deck boards, electrical work, siding & flooring. Where would you even start in terms of pricing for that?? Thanks!
your talking your rate per hour...did you include cost of materials? unit cost of machines...routers...table saws...things like that ? or is it a flat rate of $20 just say
Thanks I appreciate that
I like to watch these videos to see if I’m still in the right range! We are close to being the same (exactly for friends and family - I’ll even do it for their good friends)!
This is my formula-
Day rate: Labor + supplies = cost. Then + Overhead and Profit (depending on location - minimum 50% of total cost). Set up one day a week for a multi job day. For each job that day, charge an additional service charge on top of hourly labor. All other days, charge your day rate. Even if you end up doing two jobs one of those days; each job is a day rate charge. Example client needs a crack filled in a fiberglass tub, time to clean and fill crack 1 hour, time to dry 4 hours. In theory you can’t schedule another job that day because you’ll need another hour to sand and polish; that’s 6 hours total. So, you try to line up a similar in the area job to do that same day; and during that 4 hour dry time you go and do that job, and finish it off after the 1st job.
Me and you as far as earning wages before starting companies sounds about the same. Now I pretty much just bid and when I get time I do handyman work. I live in a more rural area and I think even if I lived in an urban area I would still do the same but I charge 150 to 200 typically just grabbing materials.
If it takes you two hours to get materials you can’t be doing that for free .
Thanks been looking for a channel that discusses pricing!
I Appreciate your sharing Chris. Keep on keeping on
well said, im in the same field and do things similiar to your method :)
Phone estimate is the best with the home owners photos attached to the text message.
Site visits I hope u r charge for it, site visits r not free!!!!!!!!!!!!!!!!!!!!!!
thank you
Great info. So is best to charge by the hour or by the job
🥰 Great video!
Dont charge by the hour never, because if u do and get hurt who will pay for your medical bills????
Not the home owner.
Charge by the job.
Are you up in smoke?
Do you not take on any 2 man type jobs? having a helper could make you alot more money, just an idea possibly for the future?
I like you.
Was wondering, how do you think people feel about paying
you for your videoing the work? Do you give them a break while
videoing? Just curious.
I do just about the same things you do but Iv'e been doing
it for free, eg. family. Put 8 replacement windows in and
replace 6 rotten sills past week. I could of used the $95 an hour.
Anyway what do you charge family members? or do you just say I'm
too busy?
THanks for the videos and keep it up.
In most circumstances I charge a set price which is based on an hourly rate so customers know what they are paying for. This allows me to take time to video as I'm not "on the clock." Most customers don't realize I do videos but the ones that do will encourage me. I'll discount family/friends at a $50 hourly or I'll sometimes do $200 half day $400 full day. Lot of times I'll do it for free though. But this is usually my standard.
Yeah, think about hiring someone who you could train, maybe apprentice. Would be easier and go faster... and you'd be involved in creating a next level workman like yourself!
I have a price list for anything and everything. This includes me profiting 40-50$ a man hour in a day at the minimum. Price list includes base price minimum charge time sqft lnft cube feet weight.Example say I’m painting exterior of house a gallon gets about 250sqft. I charge 2.50 a sqft plus materials and supplies of course. Now if it were something small or half my day for painting and only there making that one trip but not enough to charge by sqft I’d charge minimum 300 but depending on it all minimum goes 50-100-200-300-400-500 in most cases ID rather give a set price or at least and estimate that may be very close.Depending on the task or project. If I’m hooking up a sink in kitchen with disposal and if they bought disposal I charge 250-350 depending on style of sink and if I need to do new pipes and lines bathrooms 75-125. There’s a lot of ways to charge. Something like leaf removal out of yard is like 100 hour plus gas and dump fees. Cool think about this business is we get to do it all and charge at all levels while producing top notch work and still saving customers money from going to a company that only specializes in one area
I like this….I have a scenario for you…say you’re working out of town for a relative, staying at the location the work is being done…and the work consists of anything from stripping paint/painting deck, replacing deck boards, electrical work, siding & flooring. Where would you even start in terms of pricing for that?? Thanks!
your talking your rate per hour...did you include cost of materials? unit cost of machines...routers...table saws...things like that ? or is it a flat rate of $20 just say
My labor rate does help get tools for my business but it doesn’t include materials needed for a job. That I charge separately.
What about now with inflation (June 2022)