I have a rental property which is 100 years old, 1200 sq ft and 3 bdrm and 1 bath. the rental fee per month is $700. I want to hire or cooperate with a contractor (Chinese also). I am thinking to give him 1/7 (14.3%) of the rental fee per month, and in return, if there is any maintenance issue, he has to fix it for free. I will also be responsible for the material cost, he just does the labor. Is the fee too high or too low? How much is typical?
how much to pay a contractor monthly for maintenance?
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$100/month is low.
-nonego-
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12/10/2008 postreply
09:20:38
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Please advice how much should be paid monthly not by hours
-DeanNg-
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12/10/2008 postreply
09:26:40
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It is not going to work that way.
-cultuslake-
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12/10/2008 postreply
09:20:51
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Thanks for your very valuable answer, please read more details i
-DeanNg-
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12/10/2008 postreply
09:34:09
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It's more like a partnership, his labor has 14% shares in it.
-DeanNg-
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12/10/2008 postreply
09:45:17
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It's not a good business model.
-屋漏痕-
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12/10/2008 postreply
09:53:26
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Thanks, but I need to know the average labor cost per month
-DeanNg-
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12/10/2008 postreply
10:04:52
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It is wrong mentality to think about partnership.
-cultuslake-
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12/10/2008 postreply
09:58:44
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回复:It is wrong mentality to think about partnership.
-DeanNg-
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12/10/2008 postreply
10:31:35
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Labor costs probably varies from city to city.
-cultuslake-
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12/10/2008 postreply
10:57:24
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Thanks. Here the labor cost is just $15/hour
-DeanNg-
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12/10/2008 postreply
11:06:54
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Good for the landlord.
-cultuslake-
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12/10/2008 postreply
11:43:31
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I just use Chinese and Mexicans, sometime blacks
-DeanNg-
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12/10/2008 postreply
13:19:54
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I agree with cultuslake.
-nonego-
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12/10/2008 postreply
09:56:38
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回复:I agree with cultuslake.
-DeanNg-
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12/10/2008 postreply
10:32:40
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too high
-caliber-
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12/10/2008 postreply
12:03:03
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U R right, almost like insurance
-DeanNg-
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12/10/2008 postreply
13:08:47