First Flip/Paint Cost

[Cale Ferguson]

So I just closed on my first flip and we will begin the work tomorrow. It's a 3/2 with 1350 sq. ft. I am hiring out almost all of the work and just got a quote for painting the whole interior, baseboards, trim, caulk, and windows for $1750 labor only. Does this price sound about right?

[Rejean Julien]

I think that is quite high.

Calculate the amount of coverage per gallon and then the cost per gallon. That way you get a rough idea of the amount of paint involved. (coverage numbers are usually listed on paint can or online) Add 10% for misc materials. You should be able to get by with 2 coats unless the sheetrock is new(unprimed) or the previous color was very dark.

Labor should be on the low end as painting is considered to be low skill work. However this number is dependent on you area, in mine its about 12$/hour. Obviously you will need to account for a site super and the painting company itself needs to make a profit.

It will take 2 guys 2-3 days to complete 1350 sqft. including touchups at the end. In all honesty one good painter could easily paint that whole house in 3 days.

This is a very rough estimate but will give you an idea of whats involved.

Personally i pay .90$/sqft including materials, but i have been using these guys for a few years now and keep them very busy. I would have a problem paying more than $1.25/sqft.

i would say 90% of painting companies will charge more than i am willing to pay, it all depends on what you can negotiate. That being said if you dont get the right quality you are going to pay twice.