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Viewing 8 posts - 1 through 8 (of 8 total)
  • Profile photo of Rich SparkyRich Sparky
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    @rich-sparky
    Join Date: 2011
    Post Count: 8
    March 23, 2011 - 11:09 pm
    cuteyoungchic wrote:
    OceanArchitectural, investing isn't "hard work" physically, although other people involved with rental properties can make life very stressful at times.
    For most of us though, it's what we need to go without that makes investing such "hard work," particularly for the first couple of properties.   One also needs to be reasonably well/self educated in real estate to be successful in it. 
    Most jobs are far more complicated than meet the "public" eye, a lot including all the finer detail you've included above if one works for themselves.
    My work appears to others to be simple, & so I feel my time is often not respected by others.    I know otherwise, however.     But I'm lucky, because unlike this particular topic being discussed here, I don't need to crap all over everybody else if someone dents my ego, instead, I'm strong enough to simply feel sorry for the ignorant person & just continue on my way towards my goals.      

    As life goes on and the times pass people just seem to get more & more selfish.. As you said whatever it is you do isn’t easy, and you have obviously endured some hard times hence the lack of regard to what others make on jobs they do for you. Like I said in another post everyone has to make money to support they’re families etc…
    And it doesn’t take a genius to work out that at let’s say $30 an hour no-one is going to be happy & work efficiently & most importantly do a good job.
    Look at the sparks post before your post, he is highly efficient, has programs set up to conduct a great service & keep on track of the workers & his number 1 goal is to make money through customer satisfaction…
    Now these things go hand in hand with a comfortable family life, if he doesn’t have stability in his life he cannot run the business & make the money he is making, so it’s one big circle that ties into each other..
    Without making good money we can’t have stability, if we can’t have stability then there will be no good tradesman to do any work at all, then we would be left with donkeys fixing monkeys work & then everyone complaining that they can’t get a job done at all…

    You reallyneed to wake up, stop being selfish & look at the big picture…

    Profile photo of Rich SparkyRich Sparky
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    @rich-sparky
    Join Date: 2011
    Post Count: 8
    March 23, 2011 - 8:28 am
    sapphire101 wrote:
    The only way out of your dilemma ttman, as I see it, is this. You have to tell your prop. manager you want quotes on everything before work is done. You want to know the hourly rate for the electricians, plumbers, handymen etc they hire and no account gets paid from rent and is sent to you personally.

    If the rates don't suit, then you have to take control and find people who will do the job at the rate you want to pay. That may mean hunting them down next time you are in the locale of your property. It can be done, but takes a bit of effort. Get references from others and the people here on this forum may be able to help.

    You might want to calm down a bit though – but I feel your anger.

    I've had the same problems. $66 to change a tap washer, $132 to educate a tenant on the evaporative cooling system, $110 per hour for an electrican AND his apprentice to check a meter board. This sparky is charging out his apprentice to the tune of $30 per hour and I'm sure getting gov't assistance. Since when does a first year apprentice earn $55k per year?  (or do they). My last beef was paying a handyman $66 per hour. Thats over $100k per year for a handyman and the property manager thought this was ok.

    Anyway, I now have found tradesmen that do the job for the right costs and this is at properties hundreds of kms from where I live. They are out there and a good handyman can do everything bar the elect and plumbing for $30per hr. including changing a light bulb.

    Hope it works out for you.

    Ian
    http://theblockblog.com
    Free Property Investor Information. Tools & Resources for Property Investors with a Sense of Humour.

    An apprentice is charged out at $30 and you think they get $55k per year. What about the other things that need to be paid to these apprentices like super, sick pay, work cover, tool allowance, redundancy… Need I go on to open your eyes to the real world??? We are not living in a third world country where a hundyman who charges $30 per hour can support his family. <moderator: edit>

    Profile photo of Rich SparkyRich Sparky
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    @rich-sparky
    Join Date: 2011
    Post Count: 8
    March 22, 2011 - 4:30 am
    free wrote:
    I am not sure if this has been posted in any of the posts before.

    below is a website created and owned by Justin Herald

    http://www.trustytradesman.com.au/

    http://www.justinherald.com

    The WILL needs to stronger than SKILL.
    Free??

    Thanks for that link. It’s the first free advertising I have seen for many years, just hope it works :)

    Profile photo of Rich SparkyRich Sparky
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    @rich-sparky
    Join Date: 2011
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    March 21, 2011 - 11:08 pm

    The only people that will come out & work for what you call fair prices & what we call peanuts are the handymen who can’t do any job properly…

    Richard the sparky :)

    Profile photo of Rich SparkyRich Sparky
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    @rich-sparky
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    March 21, 2011 - 11:03 pm

    Also cuteyoungchic…
    We don’t charge like wounded bulls, we charge what we believe we are worth & all the other trades we work with are all doing quite well.
    I have never been called back to a job as we believe do it once, do it properly & charge accordingly.
    Your ok with your lawyer charging $350 per hour, but we are ripping people off by charging $150 -$250 an hour??
    You justify spending $350 per hour on a lawyer because he saved you money, just shows your mentality & exactly the type of people I don’t work for….
    Your job that has been waiting 12 years can keep waiting, not only myself but everyone else in the trade sector is busy enough to not worry about little jobs & when you stop being a tight arse someone will come out & do the job :)
    Don’t say we are losing out because your too tight to spend money getting a job done, the day you do decide to get the job done is the day you decide to spend some money & the day someone like me will be making $250+ an hour to do it :)

    Profile photo of Rich SparkyRich Sparky
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    @rich-sparky
    Join Date: 2011
    Post Count: 8
    March 21, 2011 - 10:50 pm

    Hi cuteyoungchic :)
    Yes, if you average out my annual net profit it works out just over that.
    Some weeks I don’t get paid at all, but we do domestic which we get paid on completion & commercial work which we get paid in 30 days from invoice date.

    Profile photo of Rich SparkyRich Sparky
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    @rich-sparky
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    Post Count: 8
    March 21, 2011 - 1:32 pm

    Ohhhhh…
    Sorry forgot to tell you the best part!
    I’m only 25!
    Most of my mates are still in uni & where bagging me leaving school at 15 to start my apprenticeship..
    Now I have properties & drive a porsche which they are still living at home…
    I have just got my builders license & am in the process of setting up my next business so I can semi retire by 30.

    So please in future think before you open your big mouth & put a profession down!

    Good luck with the investing :)

    Profile photo of Rich SparkyRich Sparky
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    @rich-sparky
    Join Date: 2011
    Post Count: 8
    March 21, 2011 - 1:27 pm

    Hi ttman. As you can tell from my username I am an electrician & really don’t appreciate your comments.
    You say there’s not much to know about electrical & plumbing, I’m very interested to know what you do for a living as your views on our profession are very disrespectful. If it was so easy to do an apprenticeship & get a contractors everyone would do it, but fortunately for guys in my position there isn’t which opens the doors to make a fortune of customers like you :)
    I make well over $300k per year as an electrical contractor & work 7 hours a day 5 days a week.
    I must admit I do have a few workers running around on wages for me, also a few apprentices who make the most for me as I charge them out as tradesman & pay them minimal apprentice wages…

    Initially I got very angry when I heard your comments, but then started thinking about my anger & situation….
    To sum up, I have 22 commercial & 9 domestic investments as well as 3 holiday houses across Australia all thanks to winging customers like yourself :)

    Do what you want with the winging, just keep paying :)

    P.S. A website will never work, we all talk & stick together in regards to pricing. You will find we will only get more & more expensive..

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