Hey lads!
I'm starting to land larger renovation projects, I'm currently in phase 2 of a 6000$ project.
I wanted to ask you if the more experienced professionals here if you guys tend to use the multiplier x 2 or x 3 for estimates.
For example, my current project.
The material cost was 1500$
I charged 2500$ for labor,
Total was 4000$
I've spent probably 25 hours on the job so far, have one more 8 hour day to go.
It involved 1100 sq foot sodding, cutting down 5 large trees, garden design and planting, and a lot of little odds and ends with regards to those services.
Would you guys use the rule of x 2 or x 3 the materials to be safe?
Like 1500$ x 2 = 3000$ total? or 3000$ in labor, so it would be 4500$ total,
Would like to hear your feedback, thanks.
I'm starting to land larger renovation projects, I'm currently in phase 2 of a 6000$ project.
I wanted to ask you if the more experienced professionals here if you guys tend to use the multiplier x 2 or x 3 for estimates.
For example, my current project.
The material cost was 1500$
I charged 2500$ for labor,
Total was 4000$
I've spent probably 25 hours on the job so far, have one more 8 hour day to go.
It involved 1100 sq foot sodding, cutting down 5 large trees, garden design and planting, and a lot of little odds and ends with regards to those services.
Would you guys use the rule of x 2 or x 3 the materials to be safe?
Like 1500$ x 2 = 3000$ total? or 3000$ in labor, so it would be 4500$ total,
Would like to hear your feedback, thanks.
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