Hiring Project Manager

[Michael H.]

I'm taking on a property that needs roughly $30k worth of renovations (property should be worth in the $175k range when finished). I've been working with my handyman for several years now and would like him to not only do a good portion of the reno, but oversee the other contracts for tasks he doesn't do. The problem is, I have no idea what would be a reasonable amount to offer him. Also, I don't live anywhere near the property, but I trust him to do the job right and at a fair price.

Any suggestions or comments would be appreciated.