I turn away any job when the client refuses to pay anything up front. It sends a red flag. I also charge a scheduling fee which is non-refundable. I get 33 percent when I show up and begin work. Another percentage halfway through, and the balance upon completion after client is satisfied. There needs to be skin in the game for both parties as a measure of good faith. If you are dealing with a reputable company (did your due diligence, right?) why wouldn't you want to pay something as work progresses? We do this not only because we love to paint but we require cash flow to stay in business. There is not always 'money in the bank' as you suggest. It's tough these days. The suggestion buy 'Kim' 'Never pay a contractor a deposit' is nonsensical.
David and his painting team were able to start working even sooner than they had told us originally and they finished much faster than we expected. This was so helpful to us since we were able to start moving things into our new home once they completed their work. We are so happy with the paint colors we chose; David made it easy for us by painting 3 different samples on the outside of the house to help us look at them as the light changed on the house for different times of day. We loved that he offered this to us since we were having trouble picking between 3 different shades of green.
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If you do decide to make it a full-time business, the sky’s the limit. The house flipper/contractor that I worked for billed clients $35 per hour for painting, and paid his best painters perhaps half of that, so there is room for some profit there. Consider the case of Matt Shoup, who started with $100 and went door-to-door, asking neighbors if they needed some painting done, then built a painting business that earns $2.5 million per year!
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If you don’t have any of those things, the customer needs to write the final payment to you. It does no good if it’s written out to your non-existent business. If it’s that small, you probably don’t even need to report it. But yes, end of year ask your accountant. This is probably not considered a home based business, but I don’t know for sure the definitions. I also don’t have information on remodeling businesses.
If you're moving into a new home or ready for a change, it's not uncommon to cringe at the color of your walls. Even if you're in love with the color of your home décor, paint jobs need to be redone every 5-7 years, and even more frequently for your exterior siding. While many home improvement projects may fall under the purview of the DIYer, home painting is unique in that very few homeowners can't get paint rollers and brushes and paint their own homes.
I used to work at Sherwin Williams. The best thing to do is specify that you will purchase your own paint. If the painter objects strenuously, he was plaanning on making money in the ways this article outlines. You might pay a few dollars more for paint, but you will have control of the quality of what goes on your walls. Never skimp on paint quality.
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"We hired Dustin at James Kate Roofing to replace the asphalt roof on our home in Richardson after receiving three other bids. We are very thankful to have had the opportunity to work with Dustin on this project. Our roof was installed in a very professional way using quality materials at a reasonable price. Dustin was always available when I called and completed the job when scheduled. By the way, he saved us over $8k compared to other bids. Dustin is now our roofer for life! Perfect!"
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I hired House Painters Inc. and set up a date for them to come. The whole operation took about 5 and a half days from start to finish. Sung and his crew were extremely conscientious of all our belongings and took great care preparing the house. They showed up on time at 8:30 everyday, and were completely unobtrusive with our comings and goings during their week here.
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My painter franchisee, who I got from Angie's List, must have found some shmucks on the corner to paint my house. I specifically said I wanted stain. First my house was painted the wrong color, Then it was painted with LATEX paint- not stain. Estimates to 'undo' the damage is around $10,000 and its not a guarantee that it will work. The work is at best amateurish. Many underpainted or not painted spots, drips, etc. They did the entire outside (scraping?, priming? caulking?, painting), cleaned up and left within the time I left for work and came home. There were thee of them (my neighbor told me) This was two years ago and I am still upset. Can't be fixed.