Partnering Up For A Bid

 
Thread Tools Search this Thread Display Modes
Old 10-26-2006, 07:59 AM   #1
Pro
 
Miniroller's Avatar
 
Trade: Painter
Join Date: Sep 2006
Location: Cape Cod, MA
Posts: 145

Partnering Up For A Bid


Hi. I was recently offered a sizable res. exterior. The mother of a good customer wants her house prepared and stained 2 coats acrylic. Painting weather is getting tight and I only have one helper so I was thinking about splitting job with another painter. Bad idea? I am insured in full and he has none. I am also faster and more experienced but he is a strong worker and good on ladders. 65/35 split (minus insurance, one worker, materials) seem fair? Or am I screwing myself?

Miniroller 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 10-26-2006, 09:10 AM   #2
Pro
 
George Z's Avatar
 
Trade: Painting Contractor
Join Date: Dec 2004
Location: Toronto
Posts: 1,836

Re: Partnering Up For A Bid


Quote:
Originally Posted by Miniroller View Post
Hi. I was recently offered a sizable res. exterior. The mother of a good customer wants her house prepared and stained 2 coats acrylic. Painting weather is getting tight and I only have one helper so I was thinking about splitting job with another painter. Bad idea? I am insured in full and he has none. I am also faster and more experienced but he is a strong worker and good on ladders. 65/35 split (minus insurance, one worker, materials) seem fair? Or am I screwing myself?
I think it's safer to sub a defined portion of the job to him
George Z is offline  
Old 10-26-2006, 05:53 PM   #3
DGR,IABD
 
mdshunk's Avatar
 
Trade: Electrical; Commercial and Residential Service
Join Date: Mar 2005
Location: Central PA
Posts: 9,680

Re: Partnering Up For A Bid


I continue to believe that strategic alliances are a good idea. I have not been able to overcome how such an alliance would be structured. For now, George's suggestion of subbing out a defined portion for a defined amount is the safest bet.
mdshunk is offline  
Old 10-26-2006, 06:56 PM   #4
...jammin
 
slickshift's Avatar
 
Trade: Rock Disciple
Join Date: Jun 2005
Location: Cape Cod, Massachusetts
Posts: 5,235

Re: Partnering Up For A Bid


I also agree with the "Z"

This might not be a good project for a test of how well a partnership with this person works

It's definitely safer to sub a defined portion of the job to him

It's getting kinda late
If you need an extra hand to button that puppy up, let me know
slickshift is offline  
Old 10-26-2006, 07:53 PM   #5
Pro
 
KellyPainting's Avatar
 
Trade: Painting Contractor
Join Date: May 2006
Location: Mass
Posts: 687

Re: Partnering Up For A Bid


have Slick help ya..... then come back and tell us all about him...ha ha

Honestly.... not a bad idea with a small job, but being the time of the year.....you don't have any elbow room for mishaps....so
I would rather see you get help from Slick..honestly.
KellyPainting is offline  
Old 10-26-2006, 09:13 PM   #6
Pro
 
Miniroller's Avatar
 
Trade: Painter
Join Date: Sep 2006
Location: Cape Cod, MA
Posts: 145

Re: Partnering Up For A Bid


Thanks. I'll let you know Slickshift. Wouldn't be until late next week if the start-up evens happens at all this year.
Miniroller is offline  
Old 10-28-2006, 01:28 PM   #7
Pro
 
boman47k's Avatar
 
Trade: Painting
Join Date: Oct 2006
Location: Florence, Alabama
Posts: 3,701
Send a message via AIM to boman47k

Re: Partnering Up For A Bid


Now I am confused. Have read many many posts in these forums about subs, ins, etc. So you guys would sub part of this out to someone with no ins.?
boman47k is online now  
Old 10-29-2006, 03:24 AM   #8
Pro
 
Terrence's Avatar
 
Trade: painting and carpentry
Join Date: Jul 2006
Location: Maplewood, NJ
Posts: 186

Re: Partnering Up For A Bid


ooh good question, but I don't know the answer.
Seems like the insurance would only cover that sitch
if the guy was an employee, right?

EDIT:
I just added nothing to the conversation. Sorry.
Terrence is offline  
Old 10-29-2006, 11:29 AM   #9
Pro
 
Frankawitz's Avatar
 
Trade: Plastering, Drywall, Painting, Woodworking, Stucco
Join Date: Jun 2006
Location: South Eastern Michigan outside of Detroit.
Posts: 1,592

Re: Partnering Up For A Bid


My Brother and I work together and I pay him 30% all he has to do is show up. But to pay someone 35% and then charge for Workers comp. liabilty ins. Why not just hire him as a worker and pay him $12.50 an hour. and no benefits.
Frankawitz is offline  
Old 10-29-2006, 12:07 PM   #10
Pro
 
Miniroller's Avatar
 
Trade: Painter
Join Date: Sep 2006
Location: Cape Cod, MA
Posts: 145

Re: Partnering Up For A Bid


$12.50 an hour. I don't know any experienced painters who would work for $12.50 an hour here. Heck, you can go down to the beach and dig clams and make more than that here. I
I've known this painter for 10 some years (I can trust him). Trust is very important to me because I'm in these huge houses with lots of valuables close by. So important that to date I've hired no-one I didn't grow up with or is close to my family. I've begged him to get insurance so I could do these deals with him more often. Don't know why he won't get insurance and raise his labor up to compensate.
Miniroller is offline  
Old 10-29-2006, 12:12 PM   #11
Pro
 
Downeast's Avatar
 
Trade: Carpenter/Painter
Join Date: Apr 2006
Posts: 440

Re: Partnering Up For A Bid


Quote:
Originally Posted by slickshift View Post
I also agree with the "Z"

This might not be a good project for a test of how well a partnership with this person works

It's definitely safer to sub a defined portion of the job to him

It's getting kinda late
If you need an extra hand to button that puppy up, let me know

Ya ,slick and I will just do the job for ya and if she pays us the full amount, we will flip ya a finders fee.....
Downeast is offline  
Old 10-29-2006, 12:24 PM   #12
Pro
 
Miniroller's Avatar
 
Trade: Painter
Join Date: Sep 2006
Location: Cape Cod, MA
Posts: 145

Re: Partnering Up For A Bid


Thanks Downeast but I think I am probably gonna push this one off until spring unless she lets me do it piecemeal.

btw- what is finder's fee % anyhows?
Miniroller is offline  
Old 10-29-2006, 12:30 PM   #13
Pro
 
Downeast's Avatar
 
Trade: Carpenter/Painter
Join Date: Apr 2006
Posts: 440

Re: Partnering Up For A Bid


Quote:
Originally Posted by Miniroller View Post
Thanks Downeast but I think I am probably gonna push this one off until spring unless she lets me do it piecemeal.

btw- what is finder's fee % anyhows?

Thats when you flip someone some cash for hooking you up with a job/contract. But there is always an excuse in the end as to why they cant pay.

Customer held back, didn't pay in full. So that come out of the finders fee.....
Downeast is offline  
Old 10-29-2006, 03:33 PM   #14
Pro
 
Miniroller's Avatar
 
Trade: Painter
Join Date: Sep 2006
Location: Cape Cod, MA
Posts: 145

Re: Partnering Up For A Bid


So... a finder's fee same as a "kickback?"
Miniroller 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
A question about partnering on jobs kanadaeh Business 8 07-20-2007 03:45 PM
Partnering for 1 job Rich Turley Business 4 04-29-2005 08:04 AM

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

Privacy Badge
I am a professional contractor
I am a DIY Homeowner
ContractorTalk.com is for
PROFESSIONAL CONTRACTORS ONLY!

At ContractorTalk.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?