Handyman Pricing Handbook - July 2024 Update

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🤠Welcome to the Bulletproof Handyman Business Channel. These videos represent everything I’ve learned in my journey building a successful Handyman Business. The links below represent brands that I personally use to run my own handyman business. Utilizing their services through my links helps to offset the time and resources that are required to keep this channel running. Please don’t ever purchase anything from here that isn’t the best product or service for you and your business.
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28 июл 2024

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Комментарии : 56

@dotycruz800 23 часа назад

Hey Ray, Ive been watchingand listening to your channel. Pulling the trigger is becoming huge in my mind. I am a thirty three year old man living in alaska. Ive got three kids and i ambuilding a home. Ive never commented on a youtube video before, but i appreciate your videos. Good on ya man.

@johnhubbard6262 17 дней назад

Just Giving away the Gold again - You are to kind.

@bulletproofhandyman 17 дней назад

Thanks John!

@RustyLuvsAimee 6 дней назад

Thanks for making it make more sense!

@bulletproofhandyman 5 дней назад

You're welcome!

@MarkAlbert 18 дней назад

Wow, all your content keeps me going, Ray. All new requests from strangers now at $80/hr and I need to introduce a two hour minimum for new clients. Still getting hammered with new requests every day, while weeks and months behind on pre-commited projects. Absolutely don't need new clients, but need a way to keep them away.

@bulletproofhandyman 18 дней назад

That's a great position to be in!

@edwilliams4793 5 дней назад

Raise your rate!!!

@preston8859 6 дней назад

I wish I found these videos sooner. Ive been in business for about a year and a half and always nervous about billing customers and worried I’m charging too much or too little. Trying to come up with a more standardized system, but don’t want to get into hourly pricing. I’ve always priced per the job, and have always told people that and that it varies. I was always worried telling them an hourly rate would make them think I’m charging too much if they see 75-100 an hour.

@bulletproofhandyman 3 дня назад

I agree, most people are not happy if they know your hourly rate. My policy is to never ever ever ever ever ever ever ever give an hourly rate to anybody for any reason.

@preston8859 2 дня назад

Part of my problem is other local guys are charging by the hour so I get asked occasionally what I charge and have to explain to them that I don’t do an hourly rate.

@InfamousKiddXD 18 дней назад

Just giving you an update in a matter of 2 weeks I have made over 6 k gross 4k net I made a ton of mistakes charging But I’m offering a variety of services I need to learn how to price better I built a deep clean crew for post construction as well and I sent them on jobs and pay them today we did a post construction took us 7 hours charged 600 It was a 1,000 job at least and I feel disappointed but I learned my lesson It was 3 of us. We did a 2 hour clean up job for 500 But I’m learning the ropes I have insulation removal and installation booked for Saturday at 3k Minus material

@jeffreysterling3837 18 дней назад

You rolling man you have an contact ? Where you located at ?

@bulletproofhandyman 18 дней назад

Sounds like you're in the arena. Good for you sir. Didn't beat yourself up about pricing mistakes. Knowledge for pricing only arrives with experience, and most guys are too scared to even try. I have no doubt in a year you'll have your pricing nailed down. Even still, I occasionally make the mistakes and end up taking a pay cut for it.

@InfamousKiddXD 18 дней назад

@@bulletproofhandyman thank you I appreciate it I can honestly say that God has used you to help me take that leap of faith and guide me by hand down a path I was afraid to take. Thank you and may the lord bless you 1 million fold

@InfamousKiddXD 18 дней назад

@@jeffreysterling3837 Dallas Texas brother

@andydufresne1602 8 дней назад

@@InfamousKiddXDhe’s the man. I feel the same way. He is blessed by the Lord to help us. God bless you as well, sounds like you’re going to thrive in this business

@one87monte 18 дней назад

I am constantly watching your content now. I am relatively new to the business, but i have had some of the skills and knowledge for a while working for friends and relatives while having a day job. I just want to say thanks. Your insight is incredible and appreciated. Keep doing what you do.

@bulletproofhandyman 18 дней назад

I'll do that. Thank you!

@steverid 18 дней назад

Thank you for this entirely comprehensive tutorial. You could not have done a better job in covering your bases. Other videos like this aren't as comprehensive and easily understood. You're a fantastic storyteller, and we could listen to you all day. Sadly though, I butchered an interior door install just today. It ain't pretty, BUT the homeowner was as happy as a clam to have a new door where there hadn't been one for the past 20 years. And yeah, I butchered it unintentionally. It opens, it closes, it latches and the hinges don't match. But she was happy. And I made an easy 2 fiddy. 😆

@bulletproofhandyman 18 дней назад

Thank you very much for that compliment. Also, I've butchered my fair share of jobs. Anybody who says they haven't is lying. If you're not making mistakes, you're not trying!

@taylorsessions4143 17 дней назад

I say this in good humor: Only a fool would point out his own mistakes! 😂 You got the job done, made the homeowner smile, and got paid in full. That's all that really matters.

@MarkAlbert 18 дней назад

Yes, deposits for all material plus 50% of expected labor for any job larger than $500 and Yes, expect the unexpected so add at least 50% more than expected on labor.

@bulletproofhandyman 18 дней назад

Good policy

@mikeneal4297 18 дней назад

Thanks Ray, super helpful.

@bulletproofhandyman 18 дней назад

You're welcome. Hope you're doing well. Mike

@eberts0604 3 дня назад

Good stuff, but I wish you'd spend a little time talking about the differences between working on old (pre-WWII) houses vs. more modern homes (1960s+). Forget about just obvious stuff like lath and plaster vs. drywall, but also homes with three generations of wiring and plumbing, etc., etc. Fixed prices can be a fool's errand for old homes. You might start out changing out a vanity only to have the old galvanized pipe joint collapsing, etc., etc.

@bulletproofhandyman 3 дня назад

I agree. Fixed pricing doesn't work on the exceptions to the rule. I use more than one pricing method for that reason. If fixed pricing doesn't work then I'll invoice that job at whatever I decide the fair market value is. If it's more than $350 then I'll send an estimate first. Next time I get an older home I'll do a walk through showing all of the weird non-standard stuff.

@pauldardeau5532 17 дней назад

This is an incredibly helpful video! Great work!

@bulletproofhandyman 17 дней назад

Thanks Paul! And you're welcome!

@cryptosteph5435 18 дней назад

Hiya Ray… thank you

@bulletproofhandyman 18 дней назад

You're welcome!

@GreenFrogWebDesignReviews 18 дней назад

Great tips!

@bulletproofhandyman 18 дней назад

Thanks!

@miketolson2915 18 дней назад

As always, great information Ray. Very valuable stuff. Appreciate the hard work you’ve put into this video.

@bulletproofhandyman 18 дней назад

Thanks!

@user-rn9gy7uj3j 17 дней назад

very good information thankyou for sharing

@bulletproofhandyman 17 дней назад

You're welcome!

@MichaelJohnson-jt5cu 18 дней назад

A good reference for estimating all kinds of jobs, RS Means has been publishing material and labor guides for every industry out there. The labor rates are a national average, you can adjust the rates based on your market area rates. The material cost guide is a good reference for estimating jobs without getting hard quotes for all materials needed for a project. RS Means offers reference guides for maintenance services and residential remodeling.

@bulletproofhandyman 18 дней назад

That's awesome. Thanks!

@postpandemicsurvival3701 18 дней назад

I just checked with Next, my insurance quote is over $500 a month! FFS, that’s cost prohibitive just starting out! Over $7K a year

@bulletproofhandyman 18 дней назад

Cuz sometimes that happens, I'm not sure why. Very unusual.

@MarkAlbert 18 дней назад

Just did a move-out inspection again yesterday, following your checklist and refined now. Townhouse all well maintained, but still found more than a dozen items.

@bulletproofhandyman 18 дней назад

That's awesome Mark!

@MarkAlbert 18 дней назад

You are the man, Mr. Ray!

@Tetianaoutdoors 16 дней назад

I hired a helper I'm training to do jobs, so thats cutting into my bottom line now.

@bulletproofhandyman 16 дней назад

Good way to grow!

@coupofmentality3417 11 дней назад

I'm having trouble with the document download, it only wants my street address and a picture of "work to be done." I appreciate it

@bulletproofhandyman 11 дней назад

Email me at bulletproofhandymanbusiness@gmail.com

@user-gd6jw7ib2l 15 дней назад

Im retired at 63 yo and looking to work 20-30 hours a week. Do you think it is workable with all the expenses of running the biz and covering overhead to allow a decent hourly rate to make it worth while? I have a good skill set and have MOST tools and supplies I need to be efficient and productive. Currently I am living in a market that is tough to charge more than $50/hour. I would consider relocating to a more lucrative market. So, do you think it is profitable to work 20-30 hours/week with all the overhead, to run a profitable handyman biz? Thanks for your time to run the channel and the info it provides!

@bulletproofhandyman 15 дней назад

As you've already figured out, the overhead can take a bite out of your profits if you're not doing this full-time. However, if you're not doing this full-time, then you're overhead will also be less. If you're doing less work, your insurance will be cheaper, you won't need the highest package available for your CRM, etc... However, I love the idea of relocating near a larger city. Luckily I already live near a large city but if I was not in or near a large city I would absolutely be willing to move in exchange for building up a bulletproof handyman business to provide for my family while I'm still here and also after I'm gone.

@saywhatnowfella 15 дней назад

Hey Ray. If we're purcasing materials on the way to a job is there an upfront monetary limit we should consider? Meaning, if its $500 worth of material and we fronted the money and then they end up not paying for the completed job, were screwed?

@bulletproofhandyman 15 дней назад

1. Yes, putting a limit on materials cost without a deposit is reasonable and standard in the industry. 2. Try to build up your business over time so that it can afford for that to happen. This will help you to remove the emotion from any decisions you make if and when that happens. 3. Try to get things in writing in advance. 4. If you can afford to, get an attorney on retainer so that they can intervene IMMEDIATELY if that ever happens. When people receive an actual letter from an actual attorney and they realize that you have an attorney that you can bring to bear, they are much more likely to go ahead and pay.

@saywhatnowfella 13 дней назад

@bulletproofhandyman Awesome. How would you collect that money before purchasing the materials? Say it was $500. Do you give them the figure for the material and provide a non detailed receipt? Would you collect cash or check before buying the materials or just put it on your CC and collect the payment before start of project?