How to Estimate Painting Jobs | Estimating Exterior Paint Jobs | By Painting Business Pro
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- เผยแพร่เมื่อ 6 มิ.ย. 2018
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You can also get access to free resources on our website here: paintingbusinesspro.com/ Here we show you how to go through the process of estimating a house exterior.
We use a simple house to illustrate estimating principles, but will be doing more complex houses in the future.
Click the following link to download our estimating guide, standards, and forms
paintingbusinesspro.com/estim...
Also, check out the supplementary article that explains the price break down & markup by following this link:
paintingbusinesspro.com/estima...
Leave us a like, comment, & share to keep these videos coming
To get our EXACT estimating formulas visit: paintingbusinesspro.com/estim...
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Great Video!
0:00 Introduction
0:50 Pace of the house
1:34 Scraping & sanding
3:02 Spot Priming
3:41 Caulking
4:42 Powerwash
5:00 Siding
5:30 Eaves
6:35 Fascia
7:19 Downspouts & gutters
8:02 Window Trim
8:48 Door Trim
9:10 Garage Trim
9:30 Other Trim
10:15 Shutters
10:35 Railings
11:18 Patio Covers
11:36 Miscellaneous
16:38 look for moister
20:07 Total Up
20:40 Convert Measurements to hours
21:55 Labour cost
22:04 Materials
22:53 Overhead & Margin
24:59 The importance of a very strong Sales Process
Look at you - out here making life easier for everyone!
@@PaintingBusinessPro Sure! I really appreciate your effort in making this video. If you want, you can pin the comment so anyone that comes and watch your video can benefit from the time timestamp 👍🏼
I'm following all your videos and planning on taking the course but I just need to start making some money. I'm paying Facebook ads but no leads yet.
It's not actually 1200 for the sub contractor though. They have to be bonded and insured, covered by workers comp, drive to the job, provide a pressure washer and gas, provide a sprayer, provide tape, paper, masking film, maybe painters plastic, caulking, putty or bondo, primer, spray tip, brushes, roller naps etc. Also you bid labor at 20 an hour. So if they are a licensed, bonded and insured sub after paying labor burden 20 an hour turns into a couple 14 an hour employees, quality painters make more than that, that's an apprentice wage. Journeyman or very experienced painters are going to be 18-30 which actually costs a company 25-38 roughly. Once you take materials and trip costs out there's probably realistically closer to $1000. So even if you had 2 guys at 14(20 labor burden) and they finished in 2 days the owner makes 360. More likely they finish in 3 days and the owner is makes 40 bucks. This is in no way a lucrative pay scale like you say, yeah you're making good money but the subs definitely aren't. You need to charge more and pay the subs more if you really want "take care of your subs".
Such an awesome guy! Will definitely help many grow! All this information will definitely help us grow!🙏 thank you! So nice!
Thank you eric for this, best video yet in my opinion. I'm a visual learner and even though the other videos you made are helpful, just seeing it helps me and clears it up 100x! please dont hesitate to take more visual videos! like a recorded phone call of setting estimates or anything or any visual videos! thank!!
Glad to hear it man. Are you a Painting Business Pro member yet? If you aren't, you should be. Sign up here: www.paintingbusinesspro.com/course
And if you are already a member, have you considered the PBP Mastermind membership with all the additional support, coaching, and one on one stuff? If not, you should!
IM ACTUALLY A SIDING SUB CONTRACTOR DOING IT FOR 20 YEARS
I GOT TIRED OF SEEING HOW SOME PAINTERS HERE IN CALIFORNIA JUST DONT DO AS GOOD OF A JOB SO I GOT INTO DOING THE WHOLE PACKAGE
SIDING AND PAINT. JUST YESTERDAY
I SPRAYED MY FIRST HOUSE .
IM INTRESTED ON LEARNING AS MUCH AS I CAN ABOUT PAINT I LOVE IT .THNKS FR INFO. THUMPS UP.
Lots of opportunity in the painting industry. If you're going to go after more painting, you might want to check out my full training program... paintingbusinesspro.com/pbp-training-program
Thank you Eric for this great video I really appreciate people like you. I'm Julian from JR American Painting LLC 🖐✌
WOW good stuff, many thanks!
Great video Eric. Thank you very much for this. I am just starting out and this is a great reference to use to understand things to look for when estimating. Much appreciated.
Great! Be sure to check out our full training program, especially if you're just getting started. We will be able to save you a LOT of mistakes and get you further, much faster!
Thank you for making sense of the exterior standards I downloaded a while ago. Now I understand it much appreciated from Massachusetts!! Ps yes, everyone wants 25 to 30 an hour around here but can't cut a straight line..lol
Thank you sir for this very helpful video. It inspires me to have my own painting business. It helps me a lot. Everytime i need something to know about this kind of job, i just watch your videos. 👍👍👍
The homeowner is also paying for your years of knowledge and expertise. Not just your labor and the cost of paint. In 2023 a job like this would go for 5-6 grand.
You would get around $6,000 for that house in Oregon
Shittt. 8k. XD
This price is pretty low for most of the country. He's estimating based on paying subcontractors $20/hr. Crazy.
Keep in mind this was over 8 years ago, but yes sadly most contractors take advantage of their subcontractors and usually don’t really treat them or consider them as their real team. However, I don’t believe Eric was doing anything close to that as he gives out relevant and accurate advice all the time for absolutely free. Unfortunately it took me many years to realize am fully capable and worth it to have the grit for elevating and becoming even better then my old boss and/or other competitors in my area…: my only advice is to job cost every single project so you’ll become confident in your numbers/ know your gross profit and know your worth because we only have one body and your health to count on so don’t let anyone take advantage or string you along and tell you different. Remember you got this! You too deserve to be respected and become successful too. Happy Week! and Healthy and Prosperous 2023, Derek
Extremely helpful video of the breakdown and labor hours for each side of this home...we apppreciate you Eric
You got it
Sales guys secure their profit. What about when things go wrong like for example removing the wall paper was not a easy as it looked. Who gets screwed? When you sub out who deals with the employees of the subs asking for more money. I’m greedy my self and am trying to find my self on how to pay the right amount and keep my skilled guys. At this moment we have a lot of work and not enough man power. In other words the labor maker in favor or the employees. They demand more or else they go with another sub. Right now in GA no one works for less than 18 an hour. But I guess that makes up for inflation. What’s going to happen is that we are going to be forced to increase price to costumer, but we need to stop being cheap and hurting one another by not charging what we have to charge.
From Rescue Painting team! You rock and are the best so helpful!!!!
Happy to help!
Excellent info thanks .
Here in California a good painter makes at least $25 hr. I bought your program a couple months ago and it's worked for me but I've had to charge more on labour. Your sales process is gold. Thanks for this videos Eric and God bless
Yea things need to be tweaked a little. But also keep in mind that ESTIMATING is different than ACTUAL pay. We can bid a job for $3,000 - which amounts to about $1200 towards labor. One painter may finish the job is 100 hours for $12 per hour. Another painter might finish it in 40 hours for $30 per hour.
Estimating needs to be a science - specific, exact. But not all painters paint at the same rate. Better painters will do it faster, less touch ups, and no clean up which makes them a lot more per hour.
PaintingBusinessPro You're right. Thanks!
$25 is not that great,I pay my helper $22 cash plus transportation and drinks
My question is how do I actually find the projects to bid on? If anyone can give a few tips I'd appreciate it a ton!
Jesus Ivan hey man would love to network and ask you a few questions. I live in California also and I’m currently a helper but am really interested in starting my own painting business. Do you have Instagram?
Simple, and brilliant way to explain how to estimate.The time numbers seem low, but I know your adding production costs and doubling for margin. Prep work is the SLOWEST part the process. But the most necessary...
VERY HELPUL…: as you can tweak this so it fits your labor, materials, miscellaneous & overhead etc: to make your best, ROI. ALL THE BEST, DEREK
Yes correct. Glad you found it useful!
I think that price is very fair. Especially on a house that's in good shape. I personally do houses in bad shape for about $1000 more than this house. So I definitely need to rethink my estimates. Great videos.
Right on Chris!
This is pretty freakin bad ass! Not everybody knows how to convert steps to feet so that's good you mentioned the paces. I'd like to contribute to this video too because some people will take it as you say it and will be stuck or simply forget.
For those that want a faster way to estimate on painting you can do what he shows of course to assess the property but also have a way to determine faster prior which can get your supply cost quickly. You can them adjust when you are there. Knocks down estimating times big time and gets them bids in faster and working sooner. This is mainly aimed for new people getting started and a disclaimer, this is NOT downing anyone nor am I trying to "be smarter than the rest". I work for myself so have to develop these logical strategies in order to make it.
Example
Sq Ft: 1,550
1 Can of Paint Covers 400 Sq Ft
Paint Cost: $27.00
How Many Cans?: Formula(SQ FT / 400) = 2.88(3 Cans)
Paint Supply Cost: Formula: ($81.00 * 3) * 2 = $162.00(Cans For Two coats. Include 3 more cans for primer)
Additional Supplies: $60.00
Total Supply Cost: $222.00
Base Rate(Going High on This One): $48.70/hour
Estimates time for Project: 2 days
Formula: $48.70 * 48 = $2,337.60
Rate + Supplies = $2559.60
Retainer(.20%) = $511.92
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
You can apply this for anything if you know how to convert. For those that start pacing the properties you can get your sq ft quickly. Pace the "L" shape for length and width.
Example
My Step I Take: 2.2ft
Front of Home(Left To Right): 13 Steps
Front to Rear(Front To Rear): 22 Steps
Conversion:
Front of Home: 28.6ft (2.2ft * 13 Steps)
Front To Rear: 48.4ft (2.2ft * 22 Steps)
Estimated Sq Ft: 1,384.24 sq ft(1,384 for those that don't worry about the "inches(.24)"
Thanks for sharing man. Cheers!
What about in Usain Bolt wants to become an estimator ? Just get a measuring wheel
@@gil1530 Have done both, who wants to carry a big ass wheel around, and try to write etc. Easier to count and multiply by 3 Ive found
Im starting my own busyness and this is a good way to estimate. Thanks for the tips
Excellent approach Eric, please useful
Great video , thanks so much
Thank you for doing this
That price is not low or high it is a good fair price i learn a lot thanks for the help
The way I do it is take the square footage of the house, say 2000 sq ft and multiply it by $1.50 = $3000 give or take a bit to account for extra or less work. I usually get about 95% of my bids, which means I probably don't charge enough. I'll have to try it your way next time.... if this damn virus crisis would go away already so the phone would start ringing again.
Is that price including your materials too?
Is paint in that price or is it just labor?
I would normally charge 2.20 per sqft which would include paint and labor
Very good
Good stuff as always Eric! I came up with $3,103.00
Great!
ya erik isnt telling you what he charges he is bs ,,20 bucks an hour is this 1980 hahahah,,you have to make a livable wage,,you know so you can pay your rent car food clothes..eriks way you be in your moms basement.
To be honest l tried to be fair. But l notice in some upper middle class neighbourhoods -Other contactors charge a lot. I remember one time this customer call me for an estimate big two storage house
I already have my price one coat
$4500 l was surprise when she show me the estimate. 7,800. So was able to match same price.
Painters Labor hours California is $20 to $25.... helpers $12 to $15
Here in Washington painter's Labor 35 to 40 helpers 18 starting uo to 25
You're the man Eric...
Do you always do one coat spraying houses or two coats?
Eric, thanks for this, I am looking for the Estimate Standard Sheet you used in this video? As always love your content keep up the super amazingness. All The Best, Derek
www.paintingbusinesspro.com/estimating-guide
I did sub painting job this house was lead based paint so there was lots of prep some wood repair stucco, I saw how much the company was getting pay and the total was $19,000 dollars, I don't know why other guys charge so cheap, I guess is the only way they get some jobs but lowering the prices and getting fast food worker wages is not competition
I agree! You need to charge a good price and pay your people well.
lead removal is big bucks...
Thanks Eric! This is great man! I now know how to do estimate.. i think I could also tweak it a little so that I could use my phone excel. That way, the total price would come out faster.
Sure you can do that.
This helped me out a lot. Thank you.
Great!
Hey Eric, quick question about the estimating standard form. At the bottom where you have the Price Equation further down under that, there's a box that says "Total Price x 1.35 =??? 5-year price" What is that for? Is that saying how much it will cost 5 years from now? I'm not supposed to use that, am I? I haven't seen that being used in any video thus far. And just wondering what that was about? Thank you for all that you do for us painters...
Sorry that's for my members. 1.35 is the multiple if you are going to do 2 coats (and when we do that we also extend the warranty).
Seems to me it was quoted one coat. My recommendations same color one coat l always suggest second coat where the sun hit the most. You can see the way paint fade away or peels. I do recommend two coats in that area. Also when customer request change color in the house.
I notice a lot times paint cover with one coat. Even when you using a different color - If customer request two coats. You will use the same price - except prep time you already did that part in your first coat.
I do charge depend on the area this year l was able to charge for two storage house by the lake including two small garage no scraping. Two coats, 8 shutters. Gutters. I wall stucco 4 colors. I did spray it took my crew about 90 hours $9000 plus 10% off
Where do I get does sheets to write all the information for the estimates?
paintingbusinesspro.clickfunnels.com/estimating-guide
That's pretty much the way I do, Eric, That's a great lesson, but how about the supplies is it included in your price? I thought that was pretty low for my area. Thanks for the video.
Materials included. Adjust price as needed!
Don’t forget to add padding to the bid.
That house would be around $7500 here
Same here in Texas. Maybe a little lower, but not much.
That was pretty good. I estimate the same way except i dont do .25 and .5 and stuff,, i just keep everything 1 hr and try to make $300 per day here in nyc as a self employed painter. $300 usually gets any job that i estimate. i have a 90% closing rate and just call businesses that could use fresh painting every few years..
As im building a customer base,, i would like to just stay on the phone while sub contractors do the deals that i close. But i cant seem to make the transition. Im stuck in worker mode and trying to figure out how to get past that,, and hire guys.
Thx for ur insight and i will continue to watch ur videos.
You're stuck in the vicious cycle. If you are only charging $300 per day and you are winning 90% of your estimates, that means you are not charging enough.
Took a nap outside the gym woke up to this guy still counting
Haha
😂😂😂😂😂😂
Just a couple things that needs to be adjusted here. Not everybody paces the same length. You need to measure your own "step" from big to to big toe. So example my steps are 1.5' each pace(no stretching your steps out)...
Again, it's an example number despite my actual pace;
1.5 x 30(paces or steps) = 45"(front side)
1.5 x 19(paces or steps) = 28 1/2"(front side)
= 1,282 Sq Ft
Also when you are talking 1.5, .5 ... etc. Those are like flag hour types. So yes, you're adding up the total hours but also for the new people, they need to understand that you need to apply your worth with that. You'll have someone calculating 18.7 hours and will mess around and charge $1,000 because "they don't want to scare the client". SO let me say this for those that are starting out including myself(Im a licensed contractor by the way but I don't paint... until the other day). So helping you new peeps out is the first thing is knowing your worth. I'll say this in short hand... if you are a bad ass painter and looking to branch on your own.. f'in do it :-) but know YOUR worth as well as your market.
Out here it's $1.50/sq ft Labor for some people, we charge based on the job so therefore we have that flag hour setup and we have a base charge. Been working in field for so long I've developed my own competitive strategy but you can do it like this for starting out
Example 1
Define Your Worth:
Add up your total expenses: Ex. $2275.00/month(all bills and mortgages baby wipes toilet paper and all)
Expense Rate Per Day: $75.83
Expense Rate Per Hr: $9.48
Expense Per Sq Ft: $1.75(Your sq ft labor rate inverted from the expenses based on 1,300sq ft anything)
So this means you need to charge at least $3.50/sq ft(if you use sq ft rates)
Example 2
Define Your Pricing:
Your Market Rate from researching: $3.16/sq ft(All products and labor inclusive) ... remember, you are a bad ass and know your level of work so you can charge this ethically, we'll call it "Your Rate".
Your Rate * Sq Ft(1282) = $4,051.12
$4,051.12 + 15%(Possible Incidentals and additionals/Blanket) = $4,658.79(Your EXAMPLE Price)(You can blanket this at 30% if you need too and tell the client prices will adjust accordingly)
So your BASE price for a 1,300sq ft home for painting is $3.63/sq ft. Well within national margins. if you are a sub/unlicensed, you need to be at $3.12/sq ft). If you are a contractor and have subs then you make it inclusive to $6.12/sq ft across the board and that puts the estimate at $7,845.84. Little high but that would be a California rate or can damn well work out here where I'm at. Again example numbers but when you have all these factors, you can literally show up on-site and can drill out an estimate within 10-13 minutes instead of knit picking ".5, .15, .35, .12, .25...etc...etc. The methods I've shown works, people are happy, even the few who have compared me said I'm super competitive and well within reason. In all honestly, I wanted to start the moment I saw the this video appear in my timeline when he posted, his method got me started but I've since evolved.
Man, I wanted to thank you for this comment. You and I are on the same page, it took me a long time to come across this info. if someone like you came along for me 2 years ago, I would have had a lot less headaches. I just figured I'd let you know that this was great very informative, and I'm sure underutilized. You sir are a gentleman and a scholar.
Wow
Do you estimate dormers any differently? Also are all these equations including two coats or just one? Thanks for these videos! Do you plan on doing a similar video for an interior?
I would estimate dormers however they best fit into the standards. Most likely I'd just estimate the window, separate from the vertical trim, and the siding would already be included. This includes 1 coat. I'd multiply it by 1.35 for 2 coats. Not sure when we'll get to the interior one.
PaintingBusinessPro Hey Eric, can we possibly see you do another exterior estimating project but with decks/water fronts or Interior wall through before the slow season please. You are a wonderful inspiration and good soul thanks for all you do👍🏻
Kind Request, Derek
Could you please tell me how to get those forms.
I just start working in a company, love what I do, and hopefully I can do it by myself.
Excelent video, thank you.
You can get them here: www.paintingbusinesspro.com/estimating-guide
Spot primer jobs for exterior painting are not good?
27$ for paint? 20/hr for labor? What decade are you in man?
Adjust them obviously, depending on the type of paint you're using and the cost of that paint. $20/hour is just for ESTIMATING. It depends how fast you paint that will determine the actual labor rate.
hahahahaha the best comment ever
I know right!! 😆 but It might be different in other states. I live in Northern California and I work for a painting company and they pay me 24 bucks an hour and I believe that might be the standard for a journeyman painter. So there’s no way my boss is charging $20 an hour for labor hes got to be charging at least double that or more. I 🤷♂️
@@jrock8233 yep it’s 25 $ /hr for start in San Diego
@@dgarnush
Even that’s tough to get
Generally coatings, Brad Stoner, Chism Brothers , Quality Paint and WallCoverings , Peak Brothers to mention a few, they don’t like to pay over 22.
With all the comments on rates, it's clear most people don't understand what he means by "$20/hr." That's not the hourly wage for the painters. That number includes the subcontractor's Social Security and Medicaid match (7.65%), state and federal unemployment tax, worker's comp insurance, general liability insurance, etc. Those should be about 20-30% of the hourly rate. There's also PTO, health insurance, etc. It also includes the subs' cost for equipment, van, gas, phone, etc, etc, etc. Not sure what the painter's hourly wage is, but I doubt it would be above $15/hr if the sub is only getting $20.
really so they get even less than 20 per hour because they got to pay all that shit,,,hell id just work and a convenient store if the bread for labor is that lame in California..well thats what happens in a democrat state full of welfare scum.I like the decorations ytou have on the sides of your streets in cali,,we call them tents but ya looks good,,
Yeah I don’t know seems kind of off . I make $24 an hour painting and I live in California. There’s no way my boss is charging $20 an hour for labor it’s got Be at least double that or a little bit more.
@@jrock8233 I think he multiples it by 2.2 or something like that, so he's effectively charging the client about $45/hr. That's probably not applicable to California...
Link are Super Aswome. Thankyou.
I feel like you Could Have edited the video and Maybe Plan Your Diologue A Bit Better.
Ty
Yea I can always do better.
In new Zealand that house to paint would be around 19k.
19k New Zealand dollars is about...ummm...$537 US
Shit I'm moving to New Zealand! I can retire with what I've got in my wallet right now!
Hey, Having trouble getting the free guide. It says I have to buy the course which I am not yet ready to do. I typed both my emails but they don't send.
Email support@paintingbusinesspro.com
That's pretty much the way I do it. I round my paint up to $30 gal or $40 $50 depending on product. And prep is a full day so that's $350 (or whatever you charge per day). Atlanta.
Rock on man! Happy holidays!
Where do I find your form's to download?
www.paintingbusinesspro.com/estimating-guide
You mean subs with all the work experience do the labor. And you make money.
Quick question: Why do you divide by .42 to get total cost. What does .42 represent?
42%. It's his mark up.
So are the handrailings above the spindles included in your 3 hours time for that or would you add another 30 minutes or so?
Included
If it takes you three hours to paint those spindles, put down the brush and get a different job.
@@macfriday1989 he didn't say that's literally how long it'll take, but it's good business practice to always account for unexpected things that you probably couldn't see during the estimate but can potentially delay the job, for example, are some of spindles loose and need to be reattached? To the client, you'd come across as lazy and careless if you just painted them knowing they were loose. Charging a bit extra will allow you to spend the time to do things above and beyond that show the client you're looking after their best interest, so even if they didn't tell you some spindles were loose, you can now show them you discovered the issue and took the initiative to fix it. I hope you see how different you'd come across in those 2 scenarios. Lastly you also need to account for warranty, so in the event you have to return to do anything like a touch up, you are not on the losing end paying for more labor which you can't charge the client for again. This is the part where you'll probably jump in telling everyone that you're so awesome you never miss anything during the estimate as if anyone would believe that 🤣
i have clicked on your link and after i have entered my name and email it says page not found. any way else i can get your spread sheets?
Hey Jeff - I think I just messaged you on Facebook. Here is the updated link for you: paintingbusinesspro.com/estimating-guide
A lot of people (including me) are being thrown off assuming its 2 coats. You may want to something in there to make it clear the price is 1 coat. I read several comments where you clarified that but not everyone will read the comments.
Yea. Not much I can do about that. I've clarified so many times and cannot redo the video once it's live. Thanks though.
I would go bankrupt before i started the job at those prices. That's like $8,000 job where im from.
Would still this estimate model be good to use in 2023?
Close to it. The next 3 weeks we are releasing all new estimating videos.
Do you have videos that show how to estimate a stucco house ,Im in florida
It's all the same, we just divide the siding square footage by 100 instead of 200 to budget for additional paint and back rolling.
stucco house is easy,,if the stucco is rotted just restucco those parts ,,spray the house.2 dollars a sq ft per coat including paint you cant loose.
This guy is a genius. Videos are helping me like crazy. But I'm sooooooo confused. As soon as he said .42 he lost me 100 percent. I have no idea where .42 came from what it's for(I seen a comment saying it's mark up) but how did he get it? Why did he divide it? Ect heeeellllllpppp
It's just a number we use to mark up the job. It doubles the estimating cost of labor and materials an then accounts for some of the "extras" like sundries or subcontractor profit.
@@EricBarstow thanks for the responce I really appreciate it. but isn't that why your timesing it by 2?
@@basikkilla1 I'm not multiplying it by 2. I'm multiplying hours by $20 to get the total labor cost.
I have more detailed information about this on my website which you can download for free here: www.paintingbusinesspro.com/estimating-guide
I would like to know how or why the .42 was divided? Sorry if its somthing i missed
This is the markup. It adds in the money for profit and overhead costs.
@@PaintingBusinessPro That's one hell of a markup. You're taking your cost of labor and materials and more than doubling them. I understand needing to make a profit, but your time estimates are already inflated. Do you really think a nearly 250% markup is ethical?
@@pete8675 Without that markup, we wouldn't make money once you build in overhead costs. Companies in all different industries have markups that high or higher. I know a lot of multi million dollar business owners, and they're all at about the same markups across the different trade industries. There are a lot of costs to running a bigger business, but you can also provide more to clients when you do that.
Couldn't download the forms. Took me to a click funnel site
www.paintingbusinesspro.com/estimating-guide
I need the forms please
Download them on our website: www.paintingbusinesspro.com
I tried to get the estimating sheet.. but nothing has come.
Send an email to eric@paintingbusinesspro.com
What about insurances, suplices, transportation, tools for subcontractors they don't get for free, please add extra money for that....
A lot of contractors don't count that . I charge $400 extra each job transportation and tools in and out
Do you need a contractors license if your subbing it out?
Subbing does not "get you out of" any local requirements. You should operate your business the exact same whether you sub or use employees. So yes, if a contractors license is required, get it. Get your own insurance. Get your own workers comp. Protect and cover yourself fully, always.
Yeah California labor hours for painters is $18 to $25.... 3 painters a day is $500 for two days $1000 for 3 days $1500 4 days $2000 plus materials and the money owner the painting company 4 a list is $3400 to $3800 paint house California $3400 and up
Yeah Id go 12.000 for labor 15.000 material included
Primer and one coat?
Only spot prime. We are not doing a full prime in this example. We're doing the prep work necessary, and one full coat on the house. In this example.
so you wasnt calculating how long it took for each area? .25 those are measurements?
It's time estimates. .25 is 15 minutes. .25 of an hour.
Could you please explain profit margin. And the 0.42 x total cost
Profit margin is the money you make... When you take the total cost and DIVIDE by .4 or .42 it will make the price a lot bigger. That's how you account for your other costs and profit. Other costs include insurance, office, marketing, sales, office admin, etc..
@@PaintingBusinessPro Thanks for the quick reply, i was just confused as to why exactly its that number, and how i would justify showing that on an estimate. I was thinking it was more like markup. I think you mentioned a support group that you moderate, could you provide a link please. Thanks again for the helpgul videos.
@@jorgeo1492 The group is for members only. I would recommend you get the full business course. It explains everything. www.paintingbusinesspro.com/course
And you don't show the .4 or the markup to the customer... just the final price.
You don't see all the costs and markups on any other products you buy do you?
@@PaintingBusinessPro True! However im writing up a pretty detailed estimate that covers the total material and labor cost. Its an excell spreadsheet, i intended on printing it out but now im now sure if its the right thing i should be gibing the customer
@@jorgeo1492 No you shouldn't do that. Be detailed in other ways, but not with the money. The only money on the contract is the price. Be detailed about the work you're doing, warranties, notes about their concerns, etc.
If it takes one week three painters and I paid $25 an hour it means I need to charge $6,000 only Labor.
Or you need to be more efficient or you are overpaying your guys. Those are also possibilities.
It should not take you one week to paint a house all the houses I’ve painted big or small always takes two to 3 days and I pay my painters 12 for some one that’s in training 15 if they know how to paint and are new to my company and 20 if they been working 3 years with me or more and 25 for leaders, I’ll have 3 guys at one job one gets 12 the labor guy that preps gives the guys paint or wash or rolls and the 15 he cuts he knows what his doing and the leader 20 he tells them what they going to paint what color is what he cuts or rolls or what ever he wants to do, now the guy that gets payed 25 he has 9 men he has to take care of he gets them paint and tells the leader what to do and what the client wants he also talks to me, more like the middle men he sends me all 9 guys hours so his back and forth at 3 jobs site. Love your videos keep it up hope this helps. If I’m wrong or right I know it works for me and I’ve been successful!
@@valdez0512 Here in Denver the minimum wage is 11.10 so 12 dollars for a helper it doesn't work they prefer to go to McDonald and make 13 and hour,16 and hr for a helper is fair in this city. some companies are paying 28 30 to a painter with experience I pay m helper 22 10 hrs a day cash transportation and drinks, the 3k for house is low in this city, and to do a great painting job in that house is about 4 day 3 guys or 3 day 2 guys doing a crappy job like the majority of the painters do
wow your a math wiz ayyy 25 x 40 is 1000 x 3 men 3000 bozo
Do you need contractors? I'm from Denver, Co
Yes. Send me an email eric@paintingbusinesspro.com
May be something I'm interested in too, I sent you an e-mail! Subject is 'Bidding advice'
Where does .42 comes from?
It’s the same as multiplying by 2.4 (roughly). It’s just one way to do a markup.
@@PaintingBusinessPro do you have a video on how someone could estimate through plans ?
what is .42 from?
It's a markup that gives a little more than double the cost to account for overhead, etc.
But how did you come to that number, how was it calculated? Thanks.
I feel like the price is low
It is. This video is 10+ years old.
Are you familiar with certa pro
Yea of course. They're the largest franchise out there.
I know them if you work for them pretty much you gonna be an employee for them ,if you own a company they wont let you do your own stuff like advertising on the job site
@@hectormontalvo8978 That's pretty standard stuff for subcontractor with painting.
lol ya like college pro painters,,lol kids who have no idea how to paint painting your house,,,great choice ahahahahaha
How much do you pay your estimator/sales person that did the estimate and got the job?
It works out to about 6-7% for sales. That does not include marketing costs to generate the leads.
Wow... What happened to the audio? Obviously it was just the camera mic. Never ever use the camera mic. Get a wireless lavalier. Great info... Maybe you should re-do this one.
Not going to redo it. It's not as good as it could be, but I'm not taking it down. Always getting a bit better. The video is also a bit old. First time doing it outdoors.
Check out Boost Paint Cost Estimator to help you manage your estimates and invoices! www.boostpaintapp.com/
Great video but I actually thought you low balled urself by about $900 and two people a few days more like a week you would spend one day masking/prep and priming can't spray trim& body..agian great video but a week bruh.
There isn't necessarily a "right" price. We have 2 man crews who will finish this house in 2-3 days every time. The pricing I teach people allows us to deliver great work with a labor + material cost of around 50%. This gives us the margins we need to have a healthy business.
Does anyone hear crickets in this video
I’m sorry! But who the hell pays painters 12 dollars an hour.
That’s embarrassing, maybe somewhere else, but not in Cali.
The pricing is crazy!
$12 an hour? This was bid for $20 per hour. And if you watched the video, some of those estimating standards are EASY to beat if you are a good painter. For example, the job might be bid for 50 hours... but a good painter can do it in 40 hours. That means we bid about $1000 for labor. So a good painter would be making more like $25.
Maybe you misunderstood something I said in the video. But this is bid for $20 per hour, and the standards are all beatable, which allows good painters to make even more.
lilone I just started as a painter in California and I get paid $12 an hour... and the owner has a ton of work and over prices all his jobs. I’m only here to learn and leave as soon as I learn enough and hopefully start my own thing. The owner is extremely greedy
12 bucks wont even get you a rookie,,lol and 20 year painters want 25 to 30 if they are good and fast.some get as much as 35.. if you work union paint and your a 20 year painter you get 50
@@JoeBrianBeltran I'm trying to do the same thing I'm getting 10.00 an hr
thats too cheap I would charge at least double and they buy the paint
This was 4 years ago.
Add another 60 percent to this number, and you come out perfectly high, thanks to Biden administration.
lol 20 bucks an hour for a owner of a company hahahahahahahahaha,, 40 to 50 is what we get in New Hampshire,,but we contract hardly ever do by the hour. i noticed that house is mostly vinyl siding. so this guy says 55 hours to paint this house by brush or sprayer? so 3 guys 2 days and this house is all done doors windows trim siding,,sure buddy you can not bid a house at all.
Haha yeah, keep giving freebies. The people who actually do the job pay for that
SMH
Not sure what you are referring to.