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Updated almost 11 years ago on . Most recent reply

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Robert Vieira
  • Philadelphia, PA
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Compensation of Contractor- Rehab Estimates

Robert Vieira
  • Philadelphia, PA
Posted

Any suggestions on how to compensate a contractor who performs rehab estimates for Wholesale deals? Thanks!

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Matthew Paul#2 Contractors Contributor
  • Severna Park, MD
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Matthew Paul#2 Contractors Contributor
  • Severna Park, MD
Replied

Time is money , pay him his regular hourly rate .  He will spend time driving to the site , looking at the house , and preparing an estimate  depending on the scope anywhere between 4 to 6 hours of his time .  The rate will differ among contractors

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