A little off topic...just out of curiousity, what is the going labor rate per hour for a professional painter to do the job? I got quotes a few years ago of $30-35+ per hour.
I hope people don't respond to this and quote on going rates for painting. There are too many variables and my rate is not going to make sense to most people. And I bid jobs for the most part and do not work by the hour. Asking for an hourly rate is not fair to those of us who do this for a living.
I am sure your friend is doing a great job and can certainly use the money. I know three immediate differences between him and me though.
My clients sign contracts with me.
I work on the books. You are paying him cash under the table? Careful with that! Has a way of sneaking back to bite you if not really careful.
I have contractor insurance that will cover accidents I might have in your home or the damage to your antique oriental rugs if I were to spill five gallons of paint on them. Hope your homeowner's insurance will do the same for someone who does not have the coverage. Your friend would probably never dream of going after you if injured on your property but trust me? The hospital that treats him will for everything you have over and above whatever his insurance or ability to pay might be!
Fair enough on not being able to quote an hourly rate. I am just happy that the painting is finally getting done at a great price. We have been putting it off. Back in the day, I would done most of it myself, but it's too hard with such a busy family and work life. The last thing I want to do when I get home from work or on a weekend is paint all day and/or night. The wallpaper removal would have been a bear of a project.