How To Make Money Painting Apartments

 
Thread Tools Search this Thread Display Modes
Old 04-10-2009, 11:49 PM   #1
Pro
 
sparehair's Avatar
 
Trade: Painting, flooring
Join Date: Nov 2008
Location: Portland, Or
Posts: 223
Rewards Points: 150

How To Make Money Painting Apartments


Hey,

I've been painting for 4.5 years now. I'm not new to the game but I never trained with another painter; I picked up on my own. I recently picked up an apartment complex and painting is one of the gigs they would like to use me for. My ? is how do I get the job done fast enough to make money.

They have been getting two bedroom loft (with 17 foot ceilings) painted throughout for $350.00 Two colors Two coats not including materials. I did one in 14 hours. six doors, two closets, 20 step bannister with wrought iron rails, accent color in living room walls, no ceilings, bathroom and as I said before two bedrooms. Ideally I would like to get it down to four hours. If I could do two per day it would be worth it.

Doesn't seem like spraying would save any time. I could hire minimum wage labor and get minimum wage results. I've seen some of the previous crew's work and it was pretty good. Any idea's?
sparehair is offline  

Warning: The topics covered on this site include activities in which there exists the potential for serious injury or death. ContractorTalk.com DOES NOT guarantee the accuracy or completeness of any information contained on this site. Always use proper safety precaution and reference reliable outside sources before attempting any construction or remodeling task!

   
 

Old 04-10-2009, 11:58 PM   #2
House Painters Reading PA
 
4thGeneration's Avatar
 
Trade: House Painting, Roof Cleaning, Pressure Washing
Join Date: Nov 2006
Location: Reading, Pa
Posts: 459
Rewards Points: 250

Re: How To Make Money Painting Apartments


[QUOTE=sparehair;655511]Hey,

I've been painting for 4.5 years now. I'm not new to the game but I never trained with another painter; I picked up on my own. I recently picked up an apartment complex and painting is one of the gigs they would like to use me for. My ? is how do I get the job done fast enough to make money.

They have been getting two bedroom loft (with 17 foot ceilings) painted throughout for $350.00 Two colors Two coats not including materials. I did one in 14 hours. six doors, two closets, 20 step bannister with wrought iron rails, accent color in living room walls, no ceilings, bathroom and as I said before two bedrooms. Ideally I would like to get it down to four hours. If I could do two per day it would be worth it.

Doesn't seem like spraying would save any time. I could hire minimum wage labor and get minimum wage results. I've seen some of the previous crew's work and it was pretty good. Any idea's?[/QUOTE

Yeah, tell them to keep on getting that cheap price somewhere else. Unless you need the practice and headaches tell them to first call their boss and say they are calling because they would like their pay dropped to $50 per day for 12 hours per day. Tell them if they can live on that then they can paint the apartments and make a apartment.

Sorry for the harshness. It is not meant for you, but those cheap PM that want caddie work for pinto prices.

__________________
Colonial Power Washing and Painting by Sutton provides
House Painting Services in Reading PA
for all Interior and Exterior Projects

484-334-1311
4thGeneration is offline  
Old 04-11-2009, 01:00 AM   #3
New Guy
 
BiggSlick's Avatar
 
Trade: Painting
Join Date: Apr 2009
Location: Farmington Hills, MI
Posts: 20
Rewards Points: 10

Re: How To Make Money Painting Apartments


i dont do apartments because i doesnt seem profitable. however, if u wanted to do things on a small scale u could "sub" the job to some lower level guys and pay them $10/hour each or $100 each per apartment. even if it took them 10 hrs each u could walk away with $150 per day. this isn't much money but u could try to arrainge to get 4 or 6 guys, split them into two man crews and knock out 2 or 3 apartments per day and make $300 to $450 a day in profit. apartments are low end work usually and it doesn't pay well, but if u can find mediocre painters who will work cheap u can pull it off. i don't know any magic solution to paint them much faster than u are currently doing them.
BiggSlick is offline  
The Following User Says Thank You to BiggSlick For This Useful Post:
sparehair (04-12-2009)
Old 04-11-2009, 02:12 AM   #4
Smart phone? Scan me!
 
nEighter's Avatar
 
Trade: Painting/Framing/Drywall
Join Date: Nov 2008
Location: tWiliGht zOne
Posts: 2,134
Rewards Points: 1,000

Re: How To Make Money Painting Apartments


fokking walk awAY. SERIOUSLY DUDE. They can fokk themselves for that price.
nEighter is offline  
Old 04-11-2009, 03:22 AM   #5
paper hanger,painter
 
chris n's Avatar
 
Trade: wallpaper hanger,painter
Join Date: Oct 2003
Location: Hagerstown MD
Posts: 904
Rewards Points: 500
Send a message via Yahoo to chris n

Re: How To Make Money Painting Apartments


crews and knock out 2 or 3 apartments per day and make $300 to $450 a day in profit.


That is if you are not licensed, insured, have NO overhead,and are making the workers supply their own tools,etc,etc.

$450 a day profit, running 2 crews and getting paid$350???

What dreamland are you in and if it is a natural weed product that puts you in this state,please send me some!
chris n is offline  
Old 04-11-2009, 05:52 AM   #6
A bit abrasive.
 
WisePainter's Avatar
 
Trade: Painting
Join Date: Sep 2008
Location: KC KS/MO
Posts: 1,529
Rewards Points: 1,000

Re: How To Make Money Painting Apartments


I was able to spray out 3 apartments a day ranging from 1~3 bedrooms. I hated it.
__________________
My advice: Hire a real painter to do it.
WisePainter is offline  
Old 04-11-2009, 06:50 AM   #7
Pro
 
Dave Mac's Avatar
 
Trade: Painting Contractor
Join Date: Jan 2006
Posts: 555
Rewards Points: 504

Re: How To Make Money Painting Apartments


what a lot of the companys that paint apartments do is actually skip a lot of the painting, your going back the same color, so any thing that looks good gets skiped or just touched up. I have never done it but this was told to me.
Dave Mac is offline  
Old 04-11-2009, 07:09 AM   #8
Pro
 
Frankawitz's Avatar
 
Trade: Plastering, Drywall, Painting, Woodworking, Stucco
Join Date: Jun 2006
Location: South Eastern Michigan outside of Detroit.
Posts: 1,736
Rewards Points: 1,096

Re: How To Make Money Painting Apartments


Spare,
Apartments are Bread and butter jobs, it's all about production work, if your slow when it comes to painting this is how you learn to pick up the pace, I use to roll and brush 2 and 3 bedroom units in 4 to 6 hours and I would make $56.00 for a 1 bedroom to $87.00 for a 3 bedroom, the people I worked for supplied the paint and supply's (tape,caulk,spackle) now where I made my money was doing extras like caulking, patching things like stripping wallpaper, kliz stain, having to two coat, Oh and you should only be painting one coat, apartments only get one coat, if you have to second coat there should be a extra charge for that, the reason for one coat is cause of the turn over rates in apartments, now if your working a high end apartment complex then you should charge more, See if you can find out what the Deposit is for an apartment. also buy apartment grade paints or contractor grade, The thing with apartments is when things slow down in the winter these jobs can help pay the bills, Back in the day I use to work 5 days a week and I made $800 to $1,000 a week doing apartments, but you get burned out, so just pace yourself, but I would cut back to one coat, and as long as your going over the same color you will be good, if the apartment complex gives the Residents a choice of colors to pick then you need to up the price to $550 per unit plus paint and supply's. Good luck

www.frankawitz.net
Frankawitz is offline  
Old 04-11-2009, 09:22 AM   #9
Organic Painter
 
Mr. Mike's Avatar
 
Trade: Painting Contractor
Join Date: Dec 2008
Location: Louisville, Ky.
Posts: 1,008
Rewards Points: 500

Re: How To Make Money Painting Apartments


This is a niche, to paint apartments you must only paint apartments. I got a few buddies in this area that paint apartments. They charge between $250.00 and $350.00 to do the whole unit. They pay cash to their employees and only pay them about $9.00 per hour. If there are any apartment painters in the Louisville Ky. or Houston Tx. area hit me up I have many apartment leads for you.
Mr. Mike is offline  
The Following User Says Thank You to Mr. Mike For This Useful Post:
Glcmich (02-26-2012)
Old 04-11-2009, 11:11 AM   #10
Balding quickly
 
BattleRidge's Avatar
 
Trade: The big stuff!
Join Date: Feb 2008
Location: Montana
Posts: 954
Rewards Points: 588

Re: How To Make Money Painting Apartments


Wow we dont have apartments here really, they are all condos, but I pay my guys about $1600, for labor only. They are College Pro Painters but they do a good job. I would feel bad paying them much less.
__________________
www.battleridgebuilders.com
BattleRidge is offline  
Old 04-11-2009, 12:15 PM   #11
Organic Painter
 
Mr. Mike's Avatar
 
Trade: Painting Contractor
Join Date: Dec 2008
Location: Louisville, Ky.
Posts: 1,008
Rewards Points: 500

Re: How To Make Money Painting Apartments


Condo Painters and Apartment Painters Are Two Way different types of painters and Paint Jobs. Here is a 8400 Sq. Ft. Condo I painted and stained early this year. I don't think anyone could paint this place for the $350.00 I charged.


PC130167.jpg

P1060046.jpg

P1060057.jpg
Attached Thumbnails
how to make money painting apartments-pc130167.jpg   how to make money painting apartments-p1060046.jpg   how to make money painting apartments-p1060057.jpg  
Mr. Mike is offline  
Old 04-11-2009, 02:31 PM   #12
semi-skilled laborer
 
ModernStyle's Avatar
 
Trade: Professional Painting
Join Date: May 2007
Location: Owensboro, KY
Posts: 2,070
Rewards Points: 1,168

Re: How To Make Money Painting Apartments


I did apartments for awhile, I hated it. Low pay, very very slow pay, long hours, and the smell.............
Plus as soon as some fool comes along and will do it for $5 less then you ... you are history, no loyalty, it is all about the dollar.
__________________
OwensboroPainting.com
ModernStyle is online now  
The Following User Says Thank You to ModernStyle For This Useful Post:
nEighter (07-08-2009)
Old 04-11-2009, 06:20 PM   #13
New Guy
 
BiggSlick's Avatar
 
Trade: Painting
Join Date: Apr 2009
Location: Farmington Hills, MI
Posts: 20
Rewards Points: 10

Re: How To Make Money Painting Apartments


Quote:
Originally Posted by chris n View Post
crews and knock out 2 or 3 apartments per day and make $300 to $450 a day in profit.


That is if you are not licensed, insured, have NO overhead,and are making the workers supply their own tools,etc,etc.

$450 a day profit, running 2 crews and getting paid$350???

What dreamland are you in and if it is a natural weed product that puts you in this state,please send me some!
do the math. if he gets three apartments done in a day he takes in $1050 (3 apts. @$350 per apt.) and he pays out $600 (6 guys @$100/guy), he walks away with $450. this money can be used to pay his insurances and put in his pocket. he should 1099 the painters though and not use payroll guys otherwise he will get eaten up by taxes.
BiggSlick is offline  
Old 04-11-2009, 06:44 PM   #14
Pro
 
RCPainting's Avatar
 
Trade: Painting in Utah
Join Date: Jan 2006
Location: Southern Utah
Posts: 916
Rewards Points: 500

Re: How To Make Money Painting Apartments


Quote:
Originally Posted by BiggSlick View Post
do the math. if he gets three apartments done in a day he takes in $1050 (3 apts. @$350 per apt.) and he pays out $600 (6 guys @$100/guy), he walks away with $450. this money can be used to pay his insurances and put in his pocket. he should 1099 the painters though and not use payroll guys otherwise he will get eaten up by taxes.
RCPainting is offline  
Old 04-11-2009, 07:02 PM   #15
semi-skilled laborer
 
ModernStyle's Avatar
 
Trade: Professional Painting
Join Date: May 2007
Location: Owensboro, KY
Posts: 2,070
Rewards Points: 1,168

Re: How To Make Money Painting Apartments


Those painters sound like employees to me.
__________________
OwensboroPainting.com
ModernStyle is online now  
Old 04-12-2009, 12:09 AM   #16
Pro
 
sparehair's Avatar
 
Trade: Painting, flooring
Join Date: Nov 2008
Location: Portland, Or
Posts: 223
Rewards Points: 150

Re: How To Make Money Painting Apartments


Thanks for the feedback. Sounds like the consensus is the only way to make money is to go for the cheap labor. Minimum wage here is 8.40. I would have trouble looking an employee in the eye if I didn't pay them ten. I'm just concerned about the quality and productivity I could get out of labor at that price. I guess with the unemployment rate being 9% it shouldn't be too hard but you never know. I just don't want to lose this client over ****ty painting by an employee on a loss leader job.
sparehair is offline  
Old 04-12-2009, 12:45 PM   #17
Organic Painter
 
Mr. Mike's Avatar
 
Trade: Painting Contractor
Join Date: Dec 2008
Location: Louisville, Ky.
Posts: 1,008
Rewards Points: 500

Re: How To Make Money Painting Apartments


I forgot to mention, I do actually make money off painting apartments. I have painted 2 apartments in 12 years for 2 tenants that paid to have them painted. The average $300.00 guy eat your heart out, I got over $3000.00 on both of those and that is not an extra 0. That is the only moral way you can really make any money off painting the interior of one, and since I only painted 2 like this in over a decade I don't think they are standing in line.

So, if you want to make money off apartments either paint them when they are new construction or paint the exteriors or wait for a renter to upgrade to a paint job like I did.

If one is a drug dealer and needs to show some income, he may pay guys to go out and paint these, lose a dollar or two on each unit but in the long run he makes money because he is showing income and paying the guys cash. I hear of guys that paint apartments for that reason. And that is one more reason that there are people painting apartments for $300.00.
Mr. Mike is offline  
Old 04-13-2009, 05:44 AM   #18
Pro
 
Frankawitz's Avatar
 
Trade: Plastering, Drywall, Painting, Woodworking, Stucco
Join Date: Jun 2006
Location: South Eastern Michigan outside of Detroit.
Posts: 1,736
Rewards Points: 1,096

Re: How To Make Money Painting Apartments


With apartments it's all about speed, the faster you can knock them out the more money you make, Mike not everyone gets the high end condo's, Most of the apartment complex managers don't have a large budget for repaints of units, here two bedroom units repaint for around $350.00 to $550.00 and the sizes are from 500 sqft to 1,200 sqft. also most are all one color flat ceilings and walls, semi gloss in the bath and kitchen and doors and casings, But like I said these are bread and butter jobs. It's nice to have a few apartment complexs that have a few units to fill in your free space between jobs.



www.frankawitz.net
Frankawitz is offline  
Old 04-13-2009, 09:31 AM   #19
A bit abrasive.
 
WisePainter's Avatar
 
Trade: Painting
Join Date: Sep 2008
Location: KC KS/MO
Posts: 1,529
Rewards Points: 1,000

Re: How To Make Money Painting Apartments


Apparently the owners do alright if they group together a good spray crew.
__________________
My advice: Hire a real painter to do it.
WisePainter is offline  
Old 04-13-2009, 09:53 AM   #20
Organic Painter
 
Mr. Mike's Avatar
 
Trade: Painting Contractor
Join Date: Dec 2008
Location: Louisville, Ky.
Posts: 1,008
Rewards Points: 500

Re: How To Make Money Painting Apartments


A good spray crew and plenty of units, I'd say if you had an unlimited amount of units to do every day it could be an O'k gig. I don't think you can profit as much per dollar as in resi repaints though.

Mr. Mike is offline  


Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes Rate This Thread
Rate This Thread:

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Painting business start-up questions oneelwayfan_com Painting & Finish Work 56 02-02-2010 12:55 AM
How To Make Painting Bids AaronMullet Painting & Finish Work 14 04-19-2009 12:44 AM
painting over enamel stripes mfrancis Painting & Finish Work 2 11-17-2008 09:30 AM
How profitable is your painting business? SeanATL Painting & Finish Work 13 04-21-2007 10:16 PM
Painting apartments navco1390 Painting & Finish Work 16 10-23-2006 05:45 PM

Join Now... It's Fast and FREE!

I am a professional contractor
I am a DIY Homeowner
Drywall Talk is for
PROFESSIONAL CONTRACTORS ONLY!

At DrywallTalk.com we cater exlusivly to professional contractors who make their living as a contractor. Knowing that many homeowners and DIYers are looking for a community to call home, we've created www.DIYChatroom.com DIY Chatroom is full of helpful advices and perfect for DIY homeowners.

Redirecing in 10 seconds
No Thanks
terms of service

Already Have an Account?