The Right Way To Estimate Home Improvement Projects | The Only Way To Make Big Money | THE HANDYMAN

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  • Опубліковано 22 лис 2020
  • Caulk G Shirts back on the website. Get them while they last. thehandyman.st...
    For those of you trying to do the math. I'm 44 years old. I started in high school working for a small construction company building additions, kitchens, bathroom, decks, roofs and siding. I mostly cleaned up and move materials around. I moved to cut man doing roofing. I was the guy hauling the roof decking up to the roof and cutting it to the right size. The list goes on for another 25 years.
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    #thehandyman #thehandymanbusiness

КОМЕНТАРІ • 271

  • @ColeChesnut
    @ColeChesnut 3 роки тому +26

    Yes. Great video.
    Value is subjective. That’s of the most useful economic theories that I know. Not that I know much about economics, but that part is definitely helpful in understanding how to earn more money doing the same thing.
    Appeal to each individual customer’s values and price your work accordingly. For example some customers may be most concerned about low cost, cleanliness, communication, or highest quality. Figure out what matters most and emphasize that. You can charge more for that.
    Once in a while I charge for time and material, but usually it’s better to quote a fixed price, and make sure that it’s enough to deliver excellent value and get paid well for it.

    • @grantfrith9589
      @grantfrith9589 3 роки тому +5

      I like that. Whenever I meet a prospective client I ballance 3 main things to determine how detailed I need to be. So when I'm quoting I'm applying three metrics "ergonomics aesthetics and economics". If you are tuned into the clients properly you get a very satisfied repeat customer. It can be very tedious getting there with some clients though.

    • @droolbunnyxo9565
      @droolbunnyxo9565 3 роки тому +6

      Excellent advice. Being a good listener really helps. One of the best pieces of advice l know is to always approach a customer quote & the job details as a partnership, vs parent-child type lecture. Meaning, assume the customer knows more about the work involved than they're saying. Even if they're obviously clueless. I've used a poker face many times over the years to figure out which contractors are honest & which are not. The honest ones were paid more, btw. Because they laid out all the proper steps I knew they should.

  • @cluelessgamer8136
    @cluelessgamer8136 3 роки тому +23

    I set up mobile homes for a living . I work for a company, but I do a lot of side work. I figured out over time (2 years), that I don't want to work for under $100 an hour.
    I have no problem making that . Because as it turns out, in Florida, what I'm charging is way cheaper than what the contractors charge, and I'm doing the same work!
    Sometimes I even make $200 an hour. It just depends on the situation. And even at that $100 an hour price point, I can still hire helpers and pay them $100.
    I just did a job today that I charged $250 for. It took 1 hour and 15 minutes. Seems good to me!
    The point is, I spent some time to learn a skill. Now I have that skill. As not great as that skill is (hard work) I still have it. And I'm going to run with it...

    • @OffRoad-jh1do
      @OffRoad-jh1do 3 роки тому +5

      That's becasue you're doing side work. I'm a state GC in Florida...Once you become legal you have overhead, Trucks, vehicle repairs and maintenance, warehouse and office rent ,office workers, payroll, liability insurance, workers comp insurance, commercial auto insurance, government fees, taxes possibly you may have to get bonded. Then that $100.00 per hour doesn't look so good. I try to average $400 per hour per man. Hopefully you become legal and make a great business for yourself. I need to Average $300.00 per hour per man on the clock.

    • @imout671
      @imout671 3 роки тому +3

      @@OffRoad-jh1do i tried working in fla for 6 months and it was awful. Gainesville in particular. I'm a one man show who does everything but plumbing and electrical. The city wanted me to pay $140 fee for every separate trade i did which would have cost $2,500. They made me buy adds in a paper to advertise and they made me pay $85 for the city to inspect a home i rented just to give me a list of 16 things I couldn't do example put up a small realestate sized sign advertising my business. Couldn't build cabinets or anything business related in my garage or driveway. I was allowed 1 room as an office etc. Guy walked all thru my home. HOAs would not allow my trailer in a driveway so I was forced to rent an old house in a not so great neighborhood (at 2k a month)then the city tried to make me cover my trailer with tarps because it had my logo in it.. I had to get permits to cut down trees bigger than 12 inches and the customer had to agree to plant another tree elsewhere on his property. Gainesville is literally like a jungle. I once counted over 50 trees in the Lowe's parking lot. There was NO PARKING for trucks with trailers attached unless u parked sideways and took 6 parking places. I've worked in Maine, Alabama, Georgia and Kansas and never ran into anything like Florida. Professional homeless on every main intersection and panhandling in every Lowe's and homedepot parking lot. It was such a liberal sewer We left without fulfilling the wife's nursing contract

    • @TheHandymanBusiness
      @TheHandymanBusiness  3 роки тому +5

      @@imout671 I worked in South Florida for 2 years. A lot of contractors don't work "legally" I worked on large tile roofing jobs, new hurricane window jobs, full remodel jobs and none of them were permitted or inspected. The company had a ton of work and had been in business since the 80s. You have to be smart to get away with it.

    • @OffRoad-jh1do
      @OffRoad-jh1do 3 роки тому

      @@TheHandymanBusiness i do high-end residential and commercial in South Fl. There is a ton of work here but you need to build your clientele. If you are on time, honest and do what you say. If ypu do that you will be successful anywhere! I have never advertised became a state GC at 23, 46 today. Life is great in the high-end world. It was a grind for the first 5-7 years. Be smart and put in the hours.

    • @OffRoad-jh1do
      @OffRoad-jh1do 3 роки тому

      @@imout671 Do you noth we go through the same thing? I live in a gated community. I can't have anything at my house. This is why I list all the thing I have to do to be in business. But at the end of the day I enjoy my work and that is the key plus I make very very good money. They say the money is where the headaches are... if not everyone would do it and we would all be rich! Lol

  • @liers99
    @liers99 3 роки тому +32

    My price also changes depending on if I need or want the work. I’ve landed a couple jobs that I bid extraordinarily high because I didn’t want the job but the customer only wanted me to do it. I’ve also done jobs for less than normal just to keep the guys busy. At this point I only take on the jobs I want to do and am capable of doing by myself.

    • @TheHandymanBusiness
      @TheHandymanBusiness  3 роки тому +5

      Great points.

    • @glasshalffull8625
      @glasshalffull8625 3 роки тому +5

      This rich family had just finished installed a big pool and landscaping and was ready for the big reveal party with their rich neighbors and friends. Only one problem, the electric to the jacuzzi wasn’t hooked up. Electrician was backed up and couldn’t get to it before the party. No problem. Rich guy offered to pay a $1000 extra if the electrician would do it the next day. Jacuzzi was bubbling away at the party. Have to know how much it’s worth to the customer. 😉

  • @Warren3carpentry
    @Warren3carpentry 3 роки тому +16

    I love bidding jobs that (don't) have a common pricing unlike sheetrocking or roofing! I like jobs that you can bid for what your time is worth! Not what someone else does the job for!!

    • @garycasper2929
      @garycasper2929 3 роки тому +1

      My man...! U hit the nail on the head with that theory..

  • @SharpestBulbs
    @SharpestBulbs 3 роки тому +37

    I don't want to do ANY work ever so I charge a shitload (in texas). The people that accept are the best customers and I do much less work for more money.

    • @WinningTrades4U
      @WinningTrades4U 4 місяці тому

      Lazy ass slob

    • @Painfulwhale360
      @Painfulwhale360 Місяць тому

      Define a shit load, honestly I’m really curious as I want to not do work also and charge a shit load!

  • @NITZO83
    @NITZO83 3 роки тому +37

    I started working at an apartment community doing maintenance before I went out on my own. I gained experience in every field to help me feel more comfortable doing jobs on my own.

    • @ryanthepianoman27
      @ryanthepianoman27 3 роки тому +2

      That’s what I’m doing now

    • @realwill1539
      @realwill1539 2 роки тому +2

      That’s what I plan on doing but doing maintenance for a school. Hopefully I get it and works out

  • @abdcontractingltd
    @abdcontractingltd 3 роки тому +11

    After two years in business, I've found the best way for me is to look back at my hours for each job, the labour quoted and see if I came ahead/broke even/lost on the job.

  • @tlacahetl
    @tlacahetl 11 місяців тому +2

    I've been working for my dad's remodeling company since I was a teenager, on and off. I know how to do everything but don't have any licenses or knowledge on making estimates I'm so ready to do my own thing. Great firts video to watch!!!!

  • @psychotogen1
    @psychotogen1 3 роки тому +5

    I look forward to these videos when I get off work every day. I'm in Handyman training and running crews of drywallers and painters at the same time. Thanks for all you do!

  • @GotTwins29
    @GotTwins29 3 роки тому +9

    I agree completely. Always give an estimate and never hourly. I had a job for my small commerical window treatment business a couple years ago. Ended up making almost $1,000/hr for the two weeks it took me to do the job. If they knew that they might have gotten a little upset but the company I did the work for is a multi multi million dollar company.

  • @timtucker09
    @timtucker09 3 роки тому +2

    Wow. Thank you. Started doing carpentry in 1996, started subbing in 2001. Been completely independent since 2018...estimating jobs is not easy, and I always sell myself short. That was excellent advice. Thank you my good man.

  • @happyaspea420
    @happyaspea420 3 роки тому +2

    I’m a self employed plumber .
    Some guys price jobs with the thought of how many hours it should take / material take off
    . I do this some times
    I was showed a method that for each pipe we put in , there’s a labor unit involved . Simply figure out pipe lengths and times by the labor unit .
    Fittings then are a % of the pipe . This method has proven to never loose if you can figure out your lengths and obviously expensive fittings ( extra )

  • @SINSTER7THREE
    @SINSTER7THREE 3 роки тому +10

    I feel better now giving bids after watching this. Now I’m like “Hey that’s what it’s gonna cost”.

  • @trulyhappy8855
    @trulyhappy8855 3 роки тому +7

    My wife keeps my books for me. She still fights me how I bid my jobs lol. She thinks I bid this one too high bc it was her friend or why did I do the neighbors floor end trim for less. I’m like, “I walked down the block to lay his floors! Your gf lives 45 minutes away, that’s why!”

  • @17Scumdog
    @17Scumdog 3 роки тому +1

    Been operating a small handyman business for about 4 years now with my brother. We have what we call a "whoopie!" Bid.
    A whoopie bid is where you would rather not take a job for whatever reason, so we over price the bid. If they pass due to price, that's fine. If they for some reason go with that price, we say "whoopie!"
    Finishing up a whoopie job today actually.
    We don't want to stick it to people, usually a whoopie bid goes out if we are already so covered up with work, we would require a real incentive to make the time to do another job. Or if it's obvious the customer is going to be an insufferable pain. Gotta make it worth our time 🙂

  • @alsworkshop135
    @alsworkshop135 3 роки тому +4

    Well said... I do wish I had started in the trades a much younger man... but what I did learn from my first career was how to run a business, and how not to run a business. I used to be a loan officer right out of college and worked with several medium to large construction companies, I learned how to read the financials and yada yada. But the biggest lesson I learned was the seeing the attitude the really successful owners had. It wasn't all about the top line (revenue). It was all about the bottom line and how they got there. They knew that by having that bottom line tight, they were able to keep their crews working, and when times got really hard, yes they had to let some go, but they were able to weather most of the storm because of what they were able to put away for the down turn. Those guys that drove the beaters but had 7 figures in cash.
    Fast forward and I was put into a situation where I had to sink or swim, I decided to go out on my own and work with my hands. Like you said, I wouldn't recommend anyone do it this way, there was a very steep learning curve on figuring out what to charge and how structure my prices. I have made it 5 years now, I still have a lot to learn, which is why I keep watching the "Best Home Improvement Channel in the... World." and the "Best Handyman Business Channel... in the... World." Great video as always, keep 'em coming.

  • @Moksoory1
    @Moksoory1 3 роки тому +3

    As an electrician I noticed the real big money is in commercial work. Homeowners can get annoying and cheap sometimes, especially if they bargain. With commercial work big companies are who you deal with and most of the time they don't care how much a repair will cost as long as you fix the issues in their stores ASAP. They care about their image, marketing, etc. For example they see a lighting outage as something that prevented a customer from seeing a product and thus money they lost out on.

  • @lexxb6386
    @lexxb6386 3 роки тому +7

    There are certain area's I can charge double the rate for a job. At times it's a few blocks over and the rates double.

  • @timkaldahl
    @timkaldahl 3 роки тому

    I've been teaching for 31 years. I used to roof in the summers for other businesses. I now do handyman work independently. I got an independent contractor exemption so I don't have to have workman's comp insurance. Pay for business licenses in each city or town I work in and have general liability insurance. I've been thinking about transitioning full time, but I still enjoy teaching. Summer is awesome though, because I love being outside and I love seeing the fruit of my labor immediately.

  • @dcharnas2592
    @dcharnas2592 3 роки тому +4

    Well said Handyman. Thank you for sharing your thoughts and wisdom!

  • @nicrosser1428
    @nicrosser1428 3 роки тому +15

    After twenty years in construction I’m glad I have a “manual labor job”. Outside lifestyle choices determine health outcomes for the average carpenter.
    The trades don’t beat up as much as drinking too much and eating too much crap.
    That’s my 2 cents

    • @JohnDoe-jc3cl
      @JohnDoe-jc3cl Рік тому

      Nic
      I agree. Eating healthy. Not hot dogs and hamburgers at lunch. Better to cook your own food. And bring it. Lots of broccoli and blue berries like Ringo Starr has said. 😁
      Not drinking. And not contorting your body. And working steadily and smoothly all day.
      Also when lifting: the nose goes where the toes goes.
      I’m paying a helper on jobs occasionally now. Moving 16’ decking boards alone is too time consuming.

    • @daxisperry7644
      @daxisperry7644 Рік тому

      Totally agree!

  • @m.campbell2776
    @m.campbell2776 3 роки тому +11

    The GOAT

  • @PetesShopMakes
    @PetesShopMakes 3 роки тому +1

    Welcome back to the Handyman business UA-cam channel. The number one Handyman business UA-cam channel...In the world.

  • @CraftwerksMC
    @CraftwerksMC 3 роки тому +3

    It's OK Handy Man, we all know why our labor is so cheap down here in TX. I still appreciate the info you share and projects that you work on! We're pretty forgiving ;o)

    • @texasfossilguy
      @texasfossilguy 3 роки тому +1

      yeah and they get pissed and fire skilled craftsmen for not being fast enough (sloppy and quick not giving a crap about end result, only volume) and literally everything they are building right now is crap. Everything. From commercial high grade stuff to the cheap homes, its almost all done sloppy. The only pros Ive seen are tile guys. Framing is crap. Cabinets are crap. Door frames crap. Door hardware crap. Etc. All the finish work is crap. Its excruciating to see it everywhere. So all I do now is work for high end clients willing to pay the most and pay me for the time to do everything in my power to get it right.

    • @chrisklooz9538
      @chrisklooz9538 Рік тому

      @@texasfossilguy ain't that the truth. Every big project I was on had the same vibe, "Need you guys to be done yesterday." All cause of some people who don't have any real experience in the offices making the schedules, and kiss ass PMs on our side not knowing when to hold the line and tell them how long it takes, or the worst side is just so the PMs can show off they are ahead of schedule to the bosses, and don't mention the fact that they cut every corner, and have eaten up any goodwill between GC and the subs doing the work.

  • @AJourneyOfYourSoul
    @AJourneyOfYourSoul 3 роки тому +4

    Really helpful video. Definitely pay attention to the logistics, parking, material access etc.... you only make that mistake once.

  • @hhosin
    @hhosin 3 роки тому +13

    Nothing compensates for true actual experience. Great tips!

    • @Marcobroomar
      @Marcobroomar 3 роки тому

      How do i go about getting experience without experience?

    • @OffRoad-jh1do
      @OffRoad-jh1do 3 роки тому

      @@Marcobroomar Start with a shovel! lol

    • @Marcobroomar
      @Marcobroomar 3 роки тому

      @@OffRoad-jh1do how can i get 10+ years worth of experience in a couple of days???

    • @OffRoad-jh1do
      @OffRoad-jh1do 3 роки тому +4

      @@Marcobroomar It's not going to happen over night. We all had to put in our time. That goes for any profession. I personally have been doing construction my whole life age 8 with my dad. At 19 I became a certified journeyman carpenter at 23 State licensed General contractor. at 40 because state licensed home inspector. At 23 starter my own Construction company and at 26 added a cabinet company and now at 46 the two companies feed each other work and they repair my rental investments. I'm living the American dream! I hope you can live the American dream one day as well.

    • @scottfields3108
      @scottfields3108 3 роки тому +2

      @@Marcobroomar Go to an area where homes are being built. Tell them you just want to help out and learn a trade. Tell them your day rate plus lunch. Some will let you work and some will not. Good luck and keep trying. You can learn what to do and what not to do just by watching and listening.

  • @plumbobmillionaire6246
    @plumbobmillionaire6246 3 роки тому +1

    Very good. Glad you mentioned the parking. It’s a make or break component for me to see if I’ll even price the job. Vancouver is jammed

  • @dixiehandyman
    @dixiehandyman 3 роки тому

    I'm in North Carolina. I've been doing my own projects for years and love it. I retired and now I'm doing it professionally. The time it takes is my biggest challenge in bidding. I work a little slower than some anyway but the quality is there. I've picked up a couple bathroom remodels recently and your videos are very helpful my friend. Thanks!

  • @JohnDoe-jc3cl
    @JohnDoe-jc3cl Рік тому

    The Handyman Business-
    Thank you very much for sharing your knowledge and experience about the BUSINESS side of the Carpentery business.
    Thanks for the time and effort to put these videos up. From one solo carpenter- they’re helping me

  • @skiddydiamond1085
    @skiddydiamond1085 3 роки тому +3

    I'm so glad you can leave voice messages as
    comments now!!!
    ▶ 🔘──────── 5:12

  • @majorintherepublick5862
    @majorintherepublick5862 3 роки тому

    I do T&M all the time, I am an electrician, plumber, and HVAC along with remodeling. Get it all the time.

  • @thehandymatt451
    @thehandymatt451 3 роки тому

    This is what I was doing already, so thank you for solidifying it. People over-think this kind of stuff.

  • @joeyalfaro2323
    @joeyalfaro2323 3 роки тому +2

    I say when you start learning job they should pay you 45 dollars and hour longer you stay easier job get so your pay should decrease every year.

  • @playtimewitholivia1877
    @playtimewitholivia1877 3 роки тому

    Very good answer handy.... I got 30 years in general commercial and residential contracting. I'm to the point I just look at a job and I know right off the bat what my estimate will be.... the experience is the priceless part of this!!! Very well said sir....

    • @TheHandymanBusiness
      @TheHandymanBusiness  3 роки тому

      Thanks for the comment. To many guys are looking to make it big because they changed a few door knobs and a toilet.

  • @shannonphillips3869
    @shannonphillips3869 3 роки тому +5

    There definitely is no standardized pricing....Love your videos.

  • @Globerson
    @Globerson 2 роки тому

    Same principles apply to my line of work, I am a theatre lighting designer. Completely different job, just goes to show these are universal tips to anyone

  • @franko1334
    @franko1334 3 роки тому +2

    Great! Experience.... that’s all!

  • @kitwalker3826
    @kitwalker3826 2 роки тому

    What you say is completely true... but I still use hrly rate.
    My first estimate ended up with me working for under $9/hr. Lesson learned.
    12yrs later, I am working 7 days a week, with a 3-6mnth wait list.
    I have regular clients (4 or 8 hrs a day, every week, garden/home maintenance) and 'once off clients' on wkends.
    I'm making enough $$$ and so charge according to the client. Some think that I charge to their aged care provider (but I don't, ie, they are pro-bono), others are charged between $25 & $50.
    Business is good, but of course I could be making much more$$$!
    Your concept of customer attention focus, and satisfaction is exactly why I get to charge a couple of my clients an hourly rate to simply chat over a tea/coffee.
    I wish that more tradies understood your message!

  • @hustlinghard8081
    @hustlinghard8081 3 роки тому

    I do maintenance for a guy that owns apartments & rental houses. He calls me when they need something done. I charge him by the hr because when I did charge by the job I would always run into some unforseen problem that would cause me to lose money so I gave him a price of 60 an hour with a 2 hr minimum each call and he is good with that. He knows that if he calls I'll get it done that day. It's just extra spending money for me. I might go a wk and not do anything or may have 5-8 hrs a day for 2 wks straight worth of stuff to do.

  • @zerotohero7756
    @zerotohero7756 10 місяців тому +1

    Know a guy whose learned a lot as he went, doing research online to do jobs he hadn’t done before. Had a pretty good career and still has repeat customers to this day, how practical is that for someone wanting to get started with little handyman experience?

  • @jeffreylonigro1382
    @jeffreylonigro1382 3 роки тому +2

    Hey Dude, love your channel. Here’s a topic you may want to address...
    How do you save a customer if you overprice an estimate? Or, more realistically, it’s a fair price but the customer freaks out?
    Here’s a good one. Existing customer been with me for years calls and wants a Playset assembled. I looked up the model and there were over 300 reviews. Almost all reviews said it was 40 man-hours to assemble. Seriously, I’ve priced 40 man-hour jobs at over 3k (or more.). So I shot him a $1200 estimate because it’s a freaking Playset! And he got so mad and I never heard from him again. He was convinced I was a thief. What would you do? Politely decline? Explain the quote beforehand?

    • @jasonefthim213
      @jasonefthim213 2 роки тому +1

      I would have sent him the link to the reviews with the bid and an explanation with hourly rate breakdown so it shows you're giving him a hell of a deal at $30/hour. Thats almost certainly Below break even....unless you live in your parents basement and walk to your jobs, lol

  • @theAudioCowboy
    @theAudioCowboy 3 місяці тому

    Coors Banquet. Only the best drink the best.

  • @JohnDoe-jc3cl
    @JohnDoe-jc3cl Рік тому

    Handyman -
    Thanks for helping see or be aware of “ the business side of the Business “
    First rule: Can you support yourself? If not, then it’s just a hobby

  • @Goknolz
    @Goknolz 3 роки тому

    Preach Brother!! Agree. Kinda wished I lived on a sailboat. But my favorite child plays travel hockey.

  • @murphyco1
    @murphyco1 3 роки тому

    Good info. Just moved to a new area and I’m trying to figure how to start over in this area. I used to bid everything and got in a bad habit for 10 years in Iowa charging hourly. Going back to estimates thank to your wisdom

  • @bigtidalwave3729
    @bigtidalwave3729 3 роки тому

    These videos means a lot to me. I’m so glad you do these videos and stuff. Good job

  • @blackdogproductions2044
    @blackdogproductions2044 3 роки тому

    Love your channel! Been following you for over a year now. You've layed some education on me that's been useful. Much appreciated. I live in NC. I've got a regular gig as a sub for a roofing company doing inspections on potential projects as well as replacing siding and fascia boards...easy stuff. Pays well. I'm trying to expand my operation by filling extra time I have with projects similiar to what you do. My main job has me communiting 2.5hrs. I typically stay in the big dirty city for 2 or 3 nights a week making that dirty city money then swing back home to the wife and kid in my lovely rural coastal communitee where my mortage is $550 a month and expenses are negligible. City wages with country bills is my hustle. The time away from home sucks though. I'm trying to work localish. Pricing is a bit of challange. I'm accostome to getting paid what might be considered outrageous around where I'm trying to work. Is it worth the pay cut to eliminate that city traffic experience and getting to come home in the evenings? Should I just charge what I been charging and let it work itself out? I think I offer a unique product in my area. I present myself intelligently. Can use email, text, type up reports, take pictures, explain issues...etc....People don't mind allowing me in their homes. I can hold a conversation with a doctor or a lawyer no problem. And doctors and lawyers are who I want to work for. There's plenty of money around here it's just that most of it is retirement savings from carpet baggers from the city. I'm ranting or something. Am I a commodity because I"m not a crackhead or methhead?
    Keep them videos coming. I enjoy them.

  • @felipejose9909
    @felipejose9909 3 роки тому +5

    Handyman I liked the way you explained this. In your opinion what is the best trade to work in ? What would you do if you didn’t have the experience you have now and had to make money?

    • @TheHandymanBusiness
      @TheHandymanBusiness  3 роки тому +11

      I would start an apprenticeship in HVAC, Plumbing, or Electrical. You can learn all the business on your own without college. It would take a minimum of 4 years in those trades to be able to start doing your own side jobs. The goal is to be the guy who owns the company and makes all the money. Employees for HVAC companies, Plumbing companies, Electrical companies don't make much money ($35,000 to $45,000 per year). The people who make the good money own the business.($250,000 to $500,000 per year)

    • @ACoustaDC
      @ACoustaDC 3 роки тому +1

      @@TheHandymanBusiness This should be its own video.

  • @whitechris720
    @whitechris720 3 роки тому +1

    I add up material then figure how much it would take for me to wake up and smile to go do the job. Anytime I get push back on my price I say "that's the price for me to do the job".

  • @craiglist308
    @craiglist308 3 роки тому

    8:00
    the distance between your pain and suffering and their expectation and delight in having the job done is the price you can charge.
    Each job has different pain and suffering and expectations and delights, and so each job can be price differently.

  • @herbwalsh6257
    @herbwalsh6257 3 роки тому +4

    It's nice to hear from experience rather than Sacramento charging to teach from his inexperience. Woooolog

  • @ricardomacias9035
    @ricardomacias9035 2 роки тому

    Ahhhhh Yhea old school plus new technology knowledge. Let's do it.

  • @ltlocus
    @ltlocus 3 роки тому

    Location really matters. Even in a certain part of the city. Fencers were talking to my dad about pricing and when they found out the neighborhood he lived in, a wealthy neighborhood, the price went way up.

  • @Aepek
    @Aepek 3 роки тому

    Some ppl just don’t understand what it takes to remodel a bathroom or XYZ, and when they get pricing, they might be like WHAT; but then again, if it was easy, there wouldn’t be ppl like us in Trades doing the work…..
    Also, the homeowners don’t see the “paper” side of things…..permits, inspections, and what not; so yeah, it really does take special ppl to work in this industry, and doing remodels is 100% different then a new build; as you always find a “wonderful” gift during a remodel that someone left behind (I’m sure ya know what I mean😆)….😉
    Cheers and god bless✌🏻

  • @tokay999
    @tokay999 3 роки тому

    thanks man, I learn in every video I watch, I'm a young electrician, but I want to do more work

  • @moyhernandez3677
    @moyhernandez3677 3 роки тому

    Good to see u again my brother. Stay blessed !

  • @shannonphillips3869
    @shannonphillips3869 3 роки тому +4

    Love your recycling space behind you!!

  • @okimarobot1414
    @okimarobot1414 3 роки тому

    To me the viewer this is really the most valuable video thus far

  • @thelankyjim
    @thelankyjim 3 роки тому +2

    How would you rate Homewyse?

  • @jase5415
    @jase5415 5 місяців тому

    That's right labor estimate per job plus materials!

  • @Fnberg744
    @Fnberg744 7 місяців тому

    "Go do something else..." lolol!!

  • @droolbunnyxo9565
    @droolbunnyxo9565 3 роки тому +2

    Customer wanted a 40' deck with no joints. I said $2,000? They said yes! I said hot damn, you got it! And ended up having to rent a 48' flatbed tractor trailer to deliver the lumber. Then I couldn't get to the backyard through the front door so I had to hire a helicopter to carry the lumber over the roof & drop it on the patio. Which smashed their Big Green Egg. And new BH&G patio set. Then, after finishing the job the customer noticed knots on the lumber & began to cry, "I didn't want knots! They're ugly!" And I said all long pieces of lumber have knots because all trees have branches and... Long story short, $2,000 deck quote cost me $18,475.67 😁

    • @ColeChesnut
      @ColeChesnut 3 роки тому +1

      Oh wow lolwtf

    • @droolbunnyxo9565
      @droolbunnyxo9565 3 роки тому +1

      @@ColeChesnut Let this be a lesson to you.☝️😔
      Sincerely, Moe
      Tree Stooges Lumber & Construction Co.

    • @dustintunis9347
      @dustintunis9347 3 роки тому +1

      I thought 2k seemed cheap, but I never would have guessed 20k. You probably spent 2k on the lumber didn't you? I'm assuming the helicopter was a large chunk of it though.

    • @droolbunnyxo9565
      @droolbunnyxo9565 3 роки тому

      @@dustintunis9347 Well, mostly, yes. The lawsuit didn't help either. Leaking jet fuel, broke barbecue ignition, prop whirling, their dog, etc 😞

    • @dustintunis9347
      @dustintunis9347 3 роки тому +1

      @@droolbunnyxo9565 - WOW! Hope you knew better than to say out loud 'What else can go wrong?'.

  • @Danewonder81
    @Danewonder81 3 роки тому

    Thank you the best handyman worlds for this video.

  • @justinreilly4111
    @justinreilly4111 3 роки тому +5

    Subliminal message. " cant say the g word". lol

    • @RD-zq7ky
      @RD-zq7ky 3 роки тому +3

      What's the g word?

    • @dustintunis9347
      @dustintunis9347 3 роки тому +1

      @@RD-zq7ky - I was wondering the same thing. Maybe it's guess?

  • @goldengoat1737
    @goldengoat1737 Рік тому

    What do you say to some one that has a lot of experience doing wood floors and some one ask you to build some benches? Should you pass the job up just because you haven’t built benches?

  • @jeffjohnson2977
    @jeffjohnson2977 3 роки тому

    Handyman you explain everything to detail where anyone could understand it, apparently these "yahoo's " giving you thumbs down do not know English.

  • @bizzard44
    @bizzard44 3 роки тому

    Your story about the deck really hit close to home. I have a townhouse with limited access to outside backyard. Every time we have to do work outside the building/roof/deck we have to 1) ask permission from neighbors to cross their backyard and 2) bring everything by hand. Its a nightmare, we contracted to do the façade this year and it was a nightmare. We are currently looking for a new place and one of our checkpoint is a backyard access. I want to bring 12 feet sheetrock without asking permission into my house from whatever entry I want. We really missed that constraint when we bought that.

  • @handyman3320
    @handyman3320 3 роки тому +1

    I'm in the DC metro area. You can follow these steps ALL day long then in comes an undocumented that charges peanuts.

    • @TheHandymanBusiness
      @TheHandymanBusiness  3 роки тому

      Foreign born labor has been around since the founding of this country. Today they work for 32% less then domestic born labor. The further south west you go the bigger the problem is. In the late 1800s it was the north east that had the most foreign borns. It's just something we have to learn to work around.

  • @robertschram5391
    @robertschram5391 3 роки тому

    Great explanation, you have to know what your area is willing to pay and what you want to make off each job. Only experience ensures your not leaving money on the table tho.

  • @jetheridge1241
    @jetheridge1241 3 роки тому

    Estimating is pretty scary sometimes especially some dry rotted bathroom .one time I took a tub out and thirty tiny green frogs come up through the floor hoping around 😋🐸one albino's froggy too .it was insanely funny .

  • @liguanli
    @liguanli Місяць тому

    Hi you talking about you do the work yourself what if you hire some else to do it how much you should mark up base on your cost ?

  • @matthewduffy550
    @matthewduffy550 2 роки тому

    don't forget the 20% a** hole tax when your spidey-senses start tingling...

  • @jonathancupsie471
    @jonathancupsie471 3 роки тому

    Its still hard you don't want to loose jobs, but you don't want to short change yourself. I asked my old boss and he said well how much do you want to make for that day. haha gee that helps.

  • @todaysnarrative879
    @todaysnarrative879 2 роки тому +1

    Try working in NYC and your pricing will change fast

  • @kevinmarc3394
    @kevinmarc3394 3 роки тому

    Your life is my life here in the Golden Horseshoe Ontario Canada! Everything has a dollar value, traffic and the PITA factor (pain in the a$$). It is not my customers problem how far I live from them. I just factor into my accepting of the job is it worth the time and cost to me to drive, park, shop and sometimes have to worry if my vehicle and tools would be safe while I am inside a home..... do I have to lock it up on every trip in and out of the home? Love your videos. Justifies what I charge for the manual labour I do for the people who don't know how to or don't want to do a repair themselves.

  • @edgarvillasenor6465
    @edgarvillasenor6465 3 роки тому

    Best video yet

  • @brucewilliamsstudio4932
    @brucewilliamsstudio4932 3 роки тому +3

    Did you mention the other day that you have a new HM Business video coming out?

    • @TheHandymanBusiness
      @TheHandymanBusiness  3 роки тому +3

      this is it

    • @brucewilliamsstudio4932
      @brucewilliamsstudio4932 3 роки тому +1

      @@TheHandymanBusiness Oh Frack, I just saw that.... I'm going to delete my extra stupid comment now. :-(
      Oh wait, your title says THE HANDYMAN, not THE HANDYMAN BUSINESS...... laugh Okay, one for me, and one for you. Thanks HM for the great videos!

    • @TheHandymanBusiness
      @TheHandymanBusiness  3 роки тому +2

      I posted a link to this video on my main channel. Maybe that's where the confusion is.

  • @roguepowersports3576
    @roguepowersports3576 2 роки тому

    I personally don't do my own stuff but call it side work. I work 10 hrs days 6 days a week for my stepfathers construction company and I'm tired of it. But when I get asked to do side work for customers I give them the I don't want to do it price

  • @imout671
    @imout671 3 роки тому

    Thank you. Keep up the good work!

  • @kathinahettig-fonua9393
    @kathinahettig-fonua9393 3 роки тому +1

    Got to have the skills to pay the bills!

  • @Aepek
    @Aepek 3 роки тому

    7:07 3 IKEA cabinets, I’m charging at least $500 (😉😅). If they won’t pay, well, obviously they’ve “tried” assembling stuff like that before, why else they hiring it out, lol
    Nice vid, and letting ppl know what’s up. Definitely like that you always “preach” about experience….b/c ya never wanna practice on someone else’s house; and getting in over your head on skill level and even under/over bidding a job…..isn’t fun at all(why I always do a thorough “inspection” on what the scope of work is before making an estimate etc….as never wanna go into a job/remodel “blind”)
    Cheers✌🏻

  • @timtucker09
    @timtucker09 2 роки тому

    Excellent advice!!!

  • @xrayded5037
    @xrayded5037 3 роки тому +1

    Handyman I missed ya. When you coming to Portland?

  • @alexkunkevich
    @alexkunkevich 3 роки тому

    lovely video. Thank you for your advice

  • @mattdg1981
    @mattdg1981 6 місяців тому

    Im lucky enough where i dont have to compete. I make myself available and all my buisness is through word of mouth. I give a price and they pay it. The longest i have ever waited for a check was 3 weeks.

  • @raydolinger1980
    @raydolinger1980 Рік тому

    Great info, I have been working for nothing here lately with my estimating :/ Everyone wants you to do everything for nothing... :) thanks for help

  • @craiglist308
    @craiglist308 3 роки тому

    :37 come up with a way to say the price without the g word.... haha exactly

  • @benshell8662
    @benshell8662 3 роки тому

    Every time I see Coors cans in your video I like you even more

  • @jcharles2417
    @jcharles2417 3 роки тому

    I have a full time job I hate but it provides health insurance and hours are early so I can do side work afterwards. I was okay with raising my rate because I have to keep this job and not get a better one in order to do side work so I am okay with charging what I feel I am worth. If they don’t like it hire someone else. Business has grown

  • @darrenbogenschutz5379
    @darrenbogenschutz5379 3 роки тому

    Handyman,
    Whenever you’re on a project, what do you do when something unforeseen comes up that is not included in your price. Say for instance a lot of extra plumbing work, moving water lines, repairing a stack because a tub isn’t draining? Customer assumes everything is included in the price.

    • @TheHandymanBusiness
      @TheHandymanBusiness  3 роки тому +1

      Having a lot of years in the construction industry helps me avoid not seeing these potential problems. I always pad my bid to cover minor stuff. If something significant were to ever come up I would issue a change order. The changer order process should be outlined in your proposal and they should sign that they read it.

  • @almirbarbosa6733
    @almirbarbosa6733 3 роки тому

    Awesome 😊👍
    Thank you!

  • @blackdogproductions2044
    @blackdogproductions2044 3 роки тому

    Broke my foot falling (almost) off a roof a couple days ago. Apparently I'm laid up for at least weeks and maybe months. Going to lose my mind sitting around. Also going to watch all of your videos along with a few other channels on UA-cam. Life is something else sometimes. Poast up some good content to keep me intertained please. Maybe I can at least learn something through all this.

  • @MassiveElectric
    @MassiveElectric 3 роки тому

    Great tips. There are contractors who don't know this information.

  • @jrizzle7926
    @jrizzle7926 3 роки тому

    When you work for someone they usually have standard pricing per hour for what they charge regardless of what they are paying their guys.

  • @skiddydiamond1085
    @skiddydiamond1085 3 роки тому

    I just finished highschool I still don't know witch industry to go to. Am not planning to go to college. I learned how to weld in high school. I just don't know witch trade school i should learn. I love hands-on stuff.

    • @TheHandymanBusiness
      @TheHandymanBusiness  3 роки тому

      I would start in the electrical trade. You can start by finding a certified course at a community college. Once completing those courses. (Usually 2) You will be able to get a job as an electricians apprentice. Sometimes you can get the job as an apprentice without the classroom time. You will still need to go to school to get your future certificates as a journeyman, and master.

  • @johngordonwyland
    @johngordonwyland 3 роки тому

    White Collar Carpentry here in New Orleans. I also use Edward Jones. Considering Charles Schwab for less fees.

    • @johngordonwyland
      @johngordonwyland 3 роки тому

      www.investingadvicewatchdog.com/Liberal-Companies-Boycott.html

    • @TheHandymanBusiness
      @TheHandymanBusiness  3 роки тому

      Interesting list. I'm shopping for a new crossover vehicle and they are all on the list.

  • @kmonnier
    @kmonnier 3 роки тому

    This is great information!

  • @JsMaintenance
    @JsMaintenance 3 роки тому +3

    This helps me out a ton. I really appreciate your help through our conversation the other day.

    • @TheHandymanBusiness
      @TheHandymanBusiness  3 роки тому +1

      Glad to hear it. Feel free to send me a message anytime.

    • @JsMaintenance
      @JsMaintenance 3 роки тому +1

      @@TheHandymanBusiness I appreciate it a lot.

  • @daievo073
    @daievo073 3 роки тому

    Nice stack of Coors back there!

  • @michaelplays2449
    @michaelplays2449 3 роки тому

    Great video thanks