I Was Off On My Budget, Just A Little!!!
Вставка
- Опубліковано 15 вер 2024
- I was off a little but I was really close.
Let's go over the cost of the material for a 1800 sq ft house with a 2 car garage, just the drywall phase. I break down the footage numbers so it will help you guys understand the bidding process. If you're a homeowner this will help you with a DIY project and if you are a newer contractor this will expand your knowledge base.
It’s all part of construction estimating. Estimate the cost of an addition. Estimating a remodel. Remodel estimate. How to bid a construction job. Construction estimating. Bathroom remodel cost. Estimating drywall.
Again, this is just how I do it and it might not work for you....
Just started contracting. You have been so helpful. Thank you for your videos
Hey Bruno, I’m glad it helps. People like you are who are making videos for! Keep it up and make sure you always learn from your mistakes.
Don’t forget to like and subscribe
love these videos, pls keep making them!!
Thanks !! I really appreciate the encouragement.
Starting out here, binge watching your tips videos. What is a fair percentage of profit for the contractor without being considered gouging?
Oh man that’s a loaded question. There are lots of people that will tell you 50% profit margins or more 😳. If you can get that and your customers are happy with the service you provide then more power to it. I personally shoot for 25% profit margins but to be honest I almost never get it. I’m too much of a “nice guy” and I provide more than I charge for.
It’s really up to you.
Thanks for watching and the comment. It helps the algorithm. Don’t forget to like and subscribe 👍🏻👍🏻
@@Thehelpfulcontractor Thanks, it’s a great answer. The last company I worked for was shooting for 25% percent profit on every job. They weren’t hitting that most the time, but it was close.
@@willcash16 I probably should start with a 50% projected profit and maybe I’d hit 25%😂