All Forum Posts by: Sean Salandy

Will I need to sign separate Independent contractor agreements for each subcontractor? For example, if I hire an electrician (separate from my general contractor) to upgrade the electrical panel, do I need to have him sign an independent contractor agreement or do I just fill out a W-9 and sign an estimate/invoice for the services? 

Thank you

@Bill Devola Got it.  Thanks again. 

@Bill Devola Thank you for tying nearly everyone's response into a summary. It seems as though I will be taking on more of the risk if I decide to hire out hourly. It could pay off and then again it could end up costing me. One thing I'm a little confused on is where you mentioned getting the w-2 signed. Excuse my lack of knowledge here but would I still need to get that signed if the contractor is not considered an employee? I thought I would need to have them sign the 1099. 

Thanks

Thanks everyone. I have a lot to think about. 

@Matt Motil That makes sense. 

@Matt Motil That makes sense. I just am not sure how that benefits the contractor to get paid by the hour unless they are just having trouble estimating the full project. 

@Tommy Sessions I can see you saved quite a bit on your plumber. 

@Tommy Sessions that is interesting. So theoretically it could be somewhat of a hybrid contract and again create milestones that would need to be met for a certain amount of hours. I wonder if this is just new to me but a common practice for others. 

@Matthew Paul I get what you are saying and it makes a lot of sense. There is no telling whether they will purposely take their time doing the job just to rack up on hours. Is there a way to put in weekly milestones that they would have to hit in order to keep the job even if it is hourly. So basically if there is a written contract that says they will finish a certain group of things, let's say demo the whole house on week one with a set amount of hours. If they don't finish in that set time then they would have failed to produce as promised. Or are there way too many variables for that? I guess I just don't understand what the benefit is to them to offer to do the job hourly. 

@Tommy Sessions so if it is a general contractor that is doing the non-mechanicals, I.e., the flooring, the drywall, painting, etc. would you consider that type of contractor to not be the right type to pay hourly?

@George P. The first contractor quoted me around $55/hr for his workers and $65/hr for himself. When he told me the demo alone (remove flooring, trim, kitchen cabinets, and bathroom equipment, etc) would be $7500 for 928sf home + finished basement, I thought it was too high. I am waiting on the full bid for the second contractor that suggested the hourly rate.