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Rehabbing & House Flipping

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58
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Pete Fiannaca
  • Wholesaler
  • Henrietta, NY
27
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58
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Labor rates?

Pete Fiannaca
  • Wholesaler
  • Henrietta, NY
Posted Aug 19 2016, 07:11
Hey friends - Just wondering what people are running into regarding labor rates. I negotiated with a general contractor to bid hourly instead of per job. I know this person and he's done good work for me in the past. He's currently charging me $45 an hour total for him and his assistant, plus supplies obviously. Kitchen gut (down to the studs) and rebuild ended up clocking about 45 hours, so around $2100 plus materials. How does that sound compared to those of you getting bids on the whole job instead of at an hourly rate? Pete

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