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Old 02-08-2008, 10:35 AM   #61
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"I can't afford to hire a General Contractor" for my project....


Ok so you want the answers.

At $100 per hour two day 10 hours a day 2000 up front, now you don't have all the parts needed, now you need to make trips to town, not one but several trips, you get to the HD and the parts I need they don't have, your searching all over, your adding time to by bill, say 4 hours, now your at 2400, ok now you set a floor joint right dead smack in the middle of my closet flange, time to wait for you to get that right, 4 more hours, 2800.

This what you will be looking at during all this.

Are you getting the picture now, or am I just a trud buster?

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Old 02-08-2008, 10:50 AM   #62
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"I can't afford to hire a General Contractor" for my project....


ok,100 per hour is good.why assume worst case scenario into the mix.you may have had things go bad in the past,but I will handle that part...that turd buster comment was just a joke.don't take it personal.
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Old 02-08-2008, 11:31 AM   #63
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"I can't afford to hire a General Contractor" for my project....


Johnrem,

What you may be getting confused on is the following term differences.

Bid
T&M
Labor only.

No "contractor" is going to work for labor only. He has to do more each day than just make payroll, as he has expenses that occur whether he works or not. As such, he doesn't have a labor only charge figured out. You may be able to get a tradesman(one who works for another company) to take it on as a side job. Maybe he is qualified, maybe not. It would save you money on his labor rate, but may cost you more in the long run, due to inefficiency, errors and lack of experience.

So they might be willing to do the job T&M which is a labor rate, plus materials plus an overhead and profit figure which is typically 10 & 10 (%).

Most contractors want to use their own materials because they know they are the right size and quantity for the job, not because of the mark up they make on them. Their business still requires the markup even if you supply them, so they have to do that odd figuring too. by using their own materials they have control over how long the job takes.

If you buy the wrong thing, or run out, they have to wait. Now you will pay them more money, but you may hold up their next job, damaging the profit they will earn there.

So there are a lot of factors to think about to figure out the correct price for something that is uncommon.

Most contractors want to come out and see the job, and then give you a price to do it. If it is easier than they thought, they make out, if harder, they lose. If unforeseen stuff shows up, it is added as a change order.

A guy who normally bills out his time in his usual process at $100 per hour, may need to bill out at $150 or $200 to make it worthwhile. They will have a hard time figuring out that number and so they will lowball it, have a bad experience and lose money and then be reluctant to do it again.

If you want to use insurance company rates, the plumbers and electricians are $90 per hour, and carpenters, $65 and laborers $45 plus the 10 and 10 I was talking about. You pay from when they show up and start talking with you and stop when they are done.

Last edited by kgphoto; 02-08-2008 at 11:55 AM.
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Old 02-08-2008, 11:34 AM   #64
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"I can't afford to hire a General Contractor" for my project....


Quote:
Originally Posted by johnrem View Post
What I don't get is,I would think a guy would jump at the chance to work hourly for a good price.No cash out for materials and no worries about time overruns.But from what I gather,that guy doesn't exist.
You're confusing day laborers from contractors.
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Old 02-08-2008, 11:43 AM   #65
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"I can't afford to hire a General Contractor" for my project....


Thanks kg photo.that makes sense.especially about delays holding up next job.I'm gonna guess insurance rates are kind of low.
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Old 02-08-2008, 11:58 AM   #66
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"I can't afford to hire a General Contractor" for my project....


The only time I charge by the hour is troubleshooting.
Everything else is a price guideline I have on how long it should take me for a given task.
The bid would be for the total job, with materials,except light fixtures.
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Old 02-08-2008, 11:59 AM   #67
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"I can't afford to hire a General Contractor" for my project....


Insurance rates and estimates are very confusing ball of was. Low is a good guess.

Your best bet, would be to ask local guys to come and give you bids. They would want the room stripped so they can see what they are getting into and then see a set of plans and specifications drawn by you. If the plans are crappy, then they won't want to waste time with you, cause if you can't get it right on paper, you won't be able to build it. Get three bids, and then check references and then make your choice. Most will give you a a set price to do the work. Make sure the plumber will do both the rough and trim, but realize if you put on too much wall covering and change the depths, you will have to eat the re-work costs.
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Old 02-08-2008, 12:06 PM   #68
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"I can't afford to hire a General Contractor" for my project....


Give this guy a call, I bet he is reasonable!




Last edited by dyier; 02-08-2008 at 12:11 PM.
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Old 02-08-2008, 05:04 PM   #69
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"I can't afford to hire a General Contractor" for my project....


Quote:
Originally Posted by johnrem View Post
What I don't get is,I would think a guy would jump at the chance to work hourly for a good price.No cash out for materials and no worries about time overruns. But from what I gather,that guy doesn't exist.
That guy doesn't exist for good reason. Your thinking is wrong. If you asked me to do the electric, I'd give you a price. I am not going to discuss hours, because the faster I work, the less I'd make, which defeats the purpose of contractiong in the first place.

You don't get to hire me on an hourly basis, you're not an employer. Although you're tackling much of the work yourself, you seem to think that what's left beyond your skillset is worth peanuts. In effect, the part of the job requiring the most skill and knowledge is being diminished in value.
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Old 02-09-2008, 10:43 AM   #70
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"I can't afford to hire a General Contractor" for my project....


Again you are misunderstanding me.I never implied that I don't want to pay a fair amount for the work.I should say that someone changed the title of my thread because he mistakenly assumed the same thing.I have no intention of diminishing your value.I want to pay a man what he is worth.It seems that it must be impossible for most contractors to set a hourly rate.I don't blame you.I bet that when a customer looks at their own (ex.25.00 hour factory pay) and then see contractor rates at 100.00 per hour and up,they are flabergasted.But just maybe,some of your customers understand your true value and are willing to pay it.That was all I was trying to find out in the first place.Just because I asked this question,I think it was unfair to assume I am a cheap skate trying to rip off or insult the contractor.
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Old 02-09-2008, 12:06 PM   #71
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"I can't afford to hire a General Contractor" for my project....


well you bring up an interesting point , you are trying to compare working in a factory to being a contractor. I personally do both. My factory job doesn't require any real special skills , so I'm paid $28.00 per hr. , How ever my Building business requires me to know , estimating, codes, how to build, book keeping , managment ect.... so I'm paid much more . Knowledge isn't cheap . Perhaps since you are obviously lacking knowledge enough to post here, your better option would be to invest in more knowledge . After you do that then you will understand where we contractors are coming from.
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Old 02-09-2008, 12:33 PM   #72
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"I can't afford to hire a General Contractor" for my project....


Wow.you still don't listen.I NEVER said contractors arn't worth the money they demand. I simply asked that if you could convert that to an hourly rate, what would it be.I understand many varyables go into it and most contractors refuse to work that way.
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Old 02-09-2008, 12:45 PM   #73
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"I can't afford to hire a General Contractor" for my project....


Ok john we gave you all the info we could give, your best bet is to get bids local, as many as you fell will work, then you can do the math and figure it for yourself, this thread has gone no where fast.

It is now closed.
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Old 02-09-2008, 05:27 PM   #74
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"I can't afford to hire a General Contractor" for my project....


Thank You RON !!

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