- Joined
- Jan 15, 2019
- Messages
- 185
- Location
- Northern IL & Southeastern WI
Rep Bank
$1,265
$1,265
User Power: 209%
Just in case anyone is wondering the profits from these projects.The first one is a $25k total project and the second is a $15k project.
$25,000 + $15,000 for the jobs total (deposit and everything)
Materials:
$4,500 job 1 - New pressure treated wood, Zinzer Primer, Cabot deck correct (the lady bought the paint for the larger job so subtract $750, but i will keep it in because that is rare)
$3,500 for the second job. Plants, mulch, and cedar wood which is much more expensive than pressure treated but it was a much smaller deck
$475 for a 30 yard dumpster
Gas is around $3.65-$3.85 a gallon, I drive a Dodge ram which is okay with fuel
$650 for gas lets says to drive guys around
$450 for Ubers/Lyfts to get guys home or from job to job since they're pretty close
$500 in extra material expenses (screws, drill bits, extra wood pieces)
Labor:
I pay both my guys $20/hr
These two projects have and will take a total of 3 weeks so 15 work days.
9 hours a day for two guys = $180/day * 15 = $2,700 for the job total
= $40,000 - $10,075 - $2700 = $27,225
I add a buffer of around $1,500-$2,500 for extra expenses so just around a $25,000 profit for these two jobs.
One came from doing a trade show this spring and the other was a nurse at my mom's old grade school so I was referred to her by some of the teachers there.
We do around 20-25 jobs a year varying in size, so we average around $10k-$15k in profit per job.
I get around 20-25% per job that we complete because I did just hop on as a partner. I'll take the low pay now to learn, learn, learn, and build a reputation/following around my area which is still taking off with new people moving in.
Dislike ads? Become a Fastlane member:
Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)
Membership Required: Upgrade to Expose Nearly 1,000,000 Posts
Ready to Unleash the Millionaire Entrepreneur in You?
Become a member of the Fastlane Forum, the private community founded by best-selling author and multi-millionaire entrepreneur MJ DeMarco. Since 2007, MJ DeMarco has poured his heart and soul into the Fastlane Forum, helping entrepreneurs reclaim their time, win their financial freedom, and live their best life.
With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.
Become a member and gain immediate access to...
- Active Community: Ever join a community only to find it DEAD? Not at Fastlane! As you can see from our home page, life-changing content is posted dozens of times daily.
- Exclusive Insights: Direct access to MJ DeMarco’s daily contributions and wisdom.
- Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
- Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.
"You are the average of the five people you surround yourself with the most..."
Who are you surrounding yourself with? Surround yourself with millionaire success. Join Fastlane today!
Join Today