Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 2 years ago on . Most recent reply

User Stats

13
Posts
2
Votes
Jake Tiffany
2
Votes |
13
Posts

Handy man charges by the hour

Jake Tiffany
Posted

I'm pretty new to all of this. I have had one rental for a while that is handled by a property manager so I've never had to do much about it. I read BRRRR and am wanting to build my portfolio. My tenant just moved out and I wanted a little practice by getting more involved with my current property. My property manager has guys who can fix everything but I'm trying to build my core 4. I found a handy man who seems like he might be good and asked him to make a bid, but he apparently only works by the hour. The book did not prepare me for this. Any advice on hourly repairs. I need paint, a little drywall and yard work done (overgrown bushes and small trees). Thanks in advance.

Most Popular Reply

User Stats

28,065
Posts
41,073
Votes
Nathan Gesner
  • Real Estate Broker
  • Cody, WY
41,073
Votes |
28,065
Posts
Nathan Gesner
  • Real Estate Broker
  • Cody, WY
ModeratorReplied
Quote from @Jake Tiffany:

The problem with paying by the hour? They have incentive to work slowly because it generates more income. If you're going to pay someone by the hour, make sure you have a solid estimate of time required and set a deadline, preferably in writing, so they don't take twice as long to do the job.

  • Nathan Gesner
business profile image
The DIY Landlord Book
4.7 stars
165 Reviews

Loading replies...