Need Advice - Fire/Flood Demo Work

ChiTownEric

I've been working as a business consultant for a mid-sized construction company that dioes a fair amount of fire and flood demolition work. Working as a business/computer consultant for 13 years, I never really considered the construction field as a source of viable income. However, one of the owners here has indicated that operating as a fully licensed , bonded and insured General Contractor is quite profitable, and to a degree, hands-off. I was thnking of partnering with an experienced demolition guy I know and taking on some of these demolition jobs. These jobs average 96 man hours at $10/hr and the pay per demo is averaging $2500. This looks like easy money. I know if it sounds too good to be true it usually is. Whats the downside here? Thanks.

-Eric

Teetorbilt

Becoming a GC is area specific, you will need someone from your area to guide you on this.

$2500 for a demo sounds pretty light for 96 man/hrs. Does this include a supervisor, dumpster, disposal fees, et al?

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Bob Kovacs

I wanna know if the $10/hour includes taxes, insurance, workers comp, etc., or if he's hooking up with a guy who's using illegal day laborers. Not exactly something that sounds like its on the up-and-up to me......

I also laughed about the "hands off" part- sure, maybe after 10 years when you've built a system, hired managers, salespeople, accountants, etc., its "hands off", but until then it's anything but.

Bob
Bob

747

For some reason there aren't any interior demolition contractors around me. Most of those guys are in Chicago specializing in interior commerical demolition. I think it would be great if a gc got a customer who wanted the inside of there house gutted and they could just subcontract that aspect of the job out to a interior demoliton contractor. So when they showed up its down to the studs and everything is picked up.

Frankawitz

Well I had a dealing with a company called ServPro you see them on TV their famous saying is "We put it back like it never happened" Well I did a 79k plaster repair in 2004 and these clowns were the demo team, when they got done we had to repair all the electrical on the first floor and basement we had to repair raisers, sink drains not to count all the framing they busted up, plus windows and outside trim around the windows cause the dumpsters set up under the windows big mess for nothing. they had a crew of 15 black guys all with sludge hammers and Allstate paid these clowns 15k and then I had to back charge them for their F#@% ups. Demo is one thing but who you put in there to do the demo is what matters. We do all our own demo I hate having to go behind someone finishing their job. But to think it's a hands off job well you could end up like the guy who ran ServPro he ended up going out of business cause these clowns who ran his crew where meatheads.

lxdollarsxl

$10 per hr - is he retired and doing work on the side? - Think more like $15 to $20 per hr.

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