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#41
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Any tricks for getting "contractor" discount on supplies
On Sun, 11 Feb 2007 18:06:22 -0800, "Nathan" wrote:
Actually I am an engineer...you know the anal retentive type that likes to over-engineer things to make future enhancements easier. Didn't I say that I was an engineer in the original post? I was tired and a bit grumpy when I wrote that first post. I get a bit ticked off whenever I have to fix anything in the house, it seems like the builder cut every corner imaginable...I am surprised the house passed inspections. That's because you think the building code requires something it doesn't. Mostly, a house just has to not be actually dangerous. Since yours hasn't killed anyone, it's probably ok. I'll wager the building inspector was getting his palm greased by the builder to look the other way. I have to change out much more then I should to be able to fix/upgrade anything. Houses should be built to be easily maintained in the future. I mapped out a schematic of the house and all the electrical circuits...1/3 of the house is on one circuit. There is no room to add any extra outlets and still be safe. Every room should be on an individual circuit. One room can have 3 different circuits in it...that is very bad engineering. There is, in the US, no upper limit on the number of receptacles you can have one one circut. There is a lower limit on the number of available amps you can have in a room, but that's something trivial like 3 watts/sqft. Why should circuts and rooms correspond? It makes far more sense to me to have WALLS and circuts correspond. gees, just assume the worst because someone has a bad perspective and a stereotype of a group of people...HAHAHA "JoeSpareBedroom" wrote in message ... "Nathan" wrote in message ... HAHAHA successful trolling! What do you do for a living? It must be something embarrassing. I've asked twice and you refuse to answer. Are you on permanent disability because you got scared by a hornet when you were 8 years old? |
#42
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Any tricks for getting "contractor" discount on supplies
Goedjn wrote:
Why should circuts and rooms correspond? It makes far more sense to me to have WALLS and circuts correspond. From a homeowner point of view, it would be nice to be able to shut off the "left bedroom" breaker and not interfere with other stuff. In my house, for instance, I have to remember that "these two outlets are on that circuit, but the other one on that wall is this other circuit, while that one over there shares a circuit with the outside plugs and is thus GFCI-protected, while the lights are on this other circuit altogether". One room, five circuits. It made things really interesting when I wanted to replace the outlets, as it involved basically mapping out the entire house. I can't just label the breakers, I need a floorplan with outlets and matching circuits marked on it. Chris |
#43
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Any tricks for getting "contractor" discount on supplies
Chris Friesen wrote:
Goedjn wrote: Why should circuts and rooms correspond? It makes far more sense to me to have WALLS and circuts correspond. From a homeowner point of view, it would be nice to be able to shut off the "left bedroom" breaker and not interfere with other stuff. In my house, for instance, I have to remember that "these two outlets are on that circuit, but the other one on that wall is this other circuit, while that one over there shares a circuit with the outside plugs and is thus GFCI-protected, while the lights are on this other circuit altogether". One room, five circuits. It made things really interesting when I wanted to replace the outlets, as it involved basically mapping out the entire house. I can't just label the breakers, I need a floorplan with outlets and matching circuits marked on it. Chris Take a few minutes to remove all of your receptical/switch covers .. .. ... trace them back to their appropriate breaker, then write the breaker number on the back of the cover plate & put it back on .. .. .. you'll never again have to trace back an outlet. Just look on the back .. .. ... very simple. |
#44
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Any tricks for getting "contractor" discount on supplies
On Feb 12, 4:01 pm, Chris Friesen wrote:
Goedjn wrote: Why should circuts and rooms correspond? It makes far more sense to me to have WALLS and circuts correspond. From a homeowner point of view, it would be nice to be able to shut off the "left bedroom" breaker and not interfere with other stuff. In my house, for instance, I have to remember that "these two outlets are on that circuit, but the other one on that wall is this other circuit, while that one over there shares a circuit with the outside plugs and is thus GFCI-protected, while the lights are on this other circuit altogether". One room, five circuits. It made things really interesting when I wanted to replace the outlets, as it involved basically mapping out the entire house. I can't just label the breakers, I need a floorplan with outlets and matching circuits marked on it. Chris Sounds to Me like both ideas have merit..Letting a room determine a circuit would simplify things for the user,,but,,if a problem developes with that circuit then all the outlets might be dead in there till it's fixed..Sounds kinda like 6 of one and half dozen of another..An Electrician may well have the last/best say on it tho.. Dean |
#45
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Any tricks for getting "contractor" discount on supplies
"Nathan" wrote in message news Sorry Steve, You need money to make money. I will likely be retired by 30 and living off the stock market. I have money. Last P&L statement was $3.2 million. And that's not counting the living trust where most of the family money rests. I am 58, and have been retired for two and a half years now. I own property and real estate in three states. The stock market is a sucker bet, so, I am content to get from 12% to 25% on first trust deeds, placed through a CFP I know from high school days. I netted $72k on that last year. Then, with income properties, pension, and other income streams, it runs about $180k a year with HEFTY business deductions. Last year, I had to pay the big total of $7800 income tax. I drive a $38k new Dodge truck, which I was allowed to totally deduct last year as a business expense. Almost every lunch I eat, all the gas I buy, and every meal I eat at a restaurant goes down as a business expense. I travel a lot. I go to Mazatlan, Maui, Cabo, and fishing a couple of times a year on the Kenai. I sleep until I am ready to get up. I own ATVs, boats, and so many guns I don't have count. I have a fully equipped 1500 sf shop. I camp and fish and do photography. Life is good. How you doing? We can all talk about what we're GOING to do. I'm only interested in what's REALLY happening. You're not going to believe this, but then, I really don't give a **** about clueless twits like you. With your attitude, you'll smart off to the wrong fellow, and you'll be worm food. I doubt if you live to be thirty. Steve |
#46
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Any tricks for getting "contractor" discount on supplies
tsk, tsk, tsk...such an attitude. Sounds like you are doing good...why are
you getting so upset when I am pointing out common knowledge? Anyone that I have asked about contractors has the same complaints as me, so it seems to be a pervasive problem. Perhaps someone should pass some truth in advertising type laws for contractors so everything can be compared apples-to-apples. I was complaining about my bad luck with contractors. I am stating logical facts and my observations. It seems like I have touched a nerve. Perhaps you are haunted by nightmares of ripping people off? "Steve B" wrote in message ... "Nathan" wrote in message news Sorry Steve, You need money to make money. I will likely be retired by 30 and living off the stock market. I have money. Last P&L statement was $3.2 million. And that's not counting the living trust where most of the family money rests. I am 58, and have been retired for two and a half years now. I own property and real estate in three states. The stock market is a sucker bet, so, I am content to get from 12% to 25% on first trust deeds, placed through a CFP I know from high school days. I netted $72k on that last year. Then, with income properties, pension, and other income streams, it runs about $180k a year with HEFTY business deductions. Last year, I had to pay the big total of $7800 income tax. I drive a $38k new Dodge truck, which I was allowed to totally deduct last year as a business expense. Almost every lunch I eat, all the gas I buy, and every meal I eat at a restaurant goes down as a business expense. I travel a lot. I go to Mazatlan, Maui, Cabo, and fishing a couple of times a year on the Kenai. I sleep until I am ready to get up. I own ATVs, boats, and so many guns I don't have count. I have a fully equipped 1500 sf shop. I camp and fish and do photography. Life is good. How you doing? We can all talk about what we're GOING to do. I'm only interested in what's REALLY happening. You're not going to believe this, but then, I really don't give a **** about clueless twits like you. With your attitude, you'll smart off to the wrong fellow, and you'll be worm food. I doubt if you live to be thirty. Steve |
#47
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Any tricks for getting "contractor" discount on supplies
Yeah, I agree with you. Though wouldn't the best solution be to have two
circuits per room. It would cost a bit more, especially with the price of copper now days, but theye would always be room to expand. And if you needed to work on a circuit, you still have the other circuit to provide light or operate tools. It really comes down to how much money the customer wants to spend...unfortunately most people only care about the lowest price, not good quality. "Dean" wrote in message ups.com... On Feb 12, 4:01 pm, Chris Friesen wrote: Goedjn wrote: Why should circuts and rooms correspond? It makes far more sense to me to have WALLS and circuts correspond. From a homeowner point of view, it would be nice to be able to shut off the "left bedroom" breaker and not interfere with other stuff. In my house, for instance, I have to remember that "these two outlets are on that circuit, but the other one on that wall is this other circuit, while that one over there shares a circuit with the outside plugs and is thus GFCI-protected, while the lights are on this other circuit altogether". One room, five circuits. It made things really interesting when I wanted to replace the outlets, as it involved basically mapping out the entire house. I can't just label the breakers, I need a floorplan with outlets and matching circuits marked on it. Chris Sounds to Me like both ideas have merit..Letting a room determine a circuit would simplify things for the user,,but,,if a problem developes with that circuit then all the outlets might be dead in there till it's fixed..Sounds kinda like 6 of one and half dozen of another..An Electrician may well have the last/best say on it tho.. Dean |
#48
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Any tricks for getting "contractor" discount on supplies
On Mon, 12 Feb 2007 22:15:20 -0800, "Nathan" wrote:
Yeah, I agree with you. Though wouldn't the best solution be to have two circuits per room. It would cost a bit more, especially with the price of copper now days, but theye would always be room to expand. And if you needed to work on a circuit, you still have the other circuit to provide light or operate tools. What is it with this "room to expand" crap? If you want more receptacles on a circut, you stick them in. the only time there's a problem is if you're adding enough equipment to push the ampacity of your breakers, in which case, you probably need a dedicated circut somewhere anyway. |
#49
Posted to alt.home.repair,alt.hvac
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WHY CONTRACTORS COST WHAT THEY DO
Please excuse the rambling nature of my post but please read it all. It
could lead to some good discussion This was in response to someone complaining about how much a repair cost (HVAC or Plumbing). It is rambling, and I am not going to go back and correct my grammar, sorry. I hope I get some of points across. Unless you want to deal with a company who will be gone in 1-5 years, you will pay more to get a job done properly, and have a company stand behind their work. You have to consider what is the overhead of that company. What is the national average time it take to perform that task. For an above average shop certified techs, clean new trucks, ongoing training, planning on longevity in the industry, purchase of all new tools and gadgets to keep up with the new and more complex machinery, lawyers, accountants, consultants, insurances, taxes. Out of an 8 hour day we may only be able to collect for 4- 6 of them. How many families is the owner of that company responsible to feed and insure.Wait we need to advertise $2-10,000 per month. Licenses, Trade organizations, Chamber of Commerce, Lease/Mortgage, utilities, Cell Phones $800/month, survive during seasonal slow times (overhead doesn't change), You notice I neglected to put the owner/general manager/ manager of every hat in business, did not have a salary in there. Trust me the best tech make more than we do for quite a while. We are trying to make a 5-10% net profit at the end of the year. Most Companies out there make less than 1-3%. Most companies making that small net will fail with in 5 years. The average wage of an above average technician is $20-30/hr + about 28% for taxes and insurances, plus about $6/ hour family health insurance. A company with over three trucks on the street requires at least one full time person to run the office $15-20/ hour. Hopefully she has bookkeeping experience, if not (sometimes if she does) you will need someone to do the books at least once per week, another $100/week. We have a drastic shortage of trained personnel in our field, despite these wages. In addition we need extremely knowledgeable, computer literate, clean, and organized personnel. Most of our employees make more than alot of college graduates. I hope I am getting my point across. There are so many hidden costs, that the customer doesn't see or have no fathomable knowledge of having to pay. And lets admit it, the customer has to cover all of the costs. ...and if you use a guy who is doing it on the side, it is really wrong on a couple of notes. Does he have the insurance and license to perform work on your you. I know he is a freind or friend of a friend, What is going to happen when you have to sue him for burning a aprt of your house, or falling through a ceiling, or flooding your basement. What happens to you if he breaks a hand or foot while working in your house, and can't work for 6 weeks and your work is half done. Where is that guy going to be when it breaks down. How many of the parts he is using are stolen from his employers vehicle, what kind of a warrantee can he give you. what kind of inferior equipment is he using, because that's all they sell to moonlighters. There also companies that do business like this. They lack the advanced training they need now a days to keep current with the new developments in our industry. You would be shocked if you knew the amount of repairs we have to go on to fix improperly installed or set-up equipment. These are the guys that will bid $1-2000 less on installations, and the ones who can't go back to fix it when it breaks. Do you know how much it costs to make a hamburger, or a cup of coffee? It would probably knock your socks off if you knew the net profits on that stuff. How about new cars. How many hours do really spend in your cars? How long do you keep it, how much did it cost? Does the dealership send someone from their establishment to fix or maintain it, you have to drive it to the dealership or repair person. What kind of net profits do you think they are making. Compare that to your home comfort system. You or someone in your home is with your system almost 24/7. It costs 1/2 to a third of what it costs to purchase or maintain as your auto did. Yet you want to skimp on costs, you want the least amount of health saving accessories if any, you don't want to invest on Comfort Issues that can be done once and improve the overall quality of life for everyone in the home. By the way the Home Comfort System will last 5-10 times longer than that new car you bought. I welcome any debate about what I have just said. Keep it in debate rather than attacks and look forward to discussing this with one and all, but I will PLONK you if you just act like jerk -- Bob Pietrangelo (home) (work) www.comfort-solution.biz |
#50
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Any tricks for getting "contractor" discount on supplies
Unless my electrical guide book is wrong, it says that you consider each
outlet as 180 watts and if I recall you are allowed to add 10-12 outlets on one 15A circuit. Every circuit in my house has around 10 outlets and 2 lights. Wouldn't that be against code if I was to add any more circuits? Thats why I keep ranting about room to expand. "Goedjn" wrote in message news On Mon, 12 Feb 2007 22:15:20 -0800, "Nathan" wrote: Yeah, I agree with you. Though wouldn't the best solution be to have two circuits per room. It would cost a bit more, especially with the price of copper now days, but theye would always be room to expand. And if you needed to work on a circuit, you still have the other circuit to provide light or operate tools. What is it with this "room to expand" crap? If you want more receptacles on a circut, you stick them in. the only time there's a problem is if you're adding enough equipment to push the ampacity of your breakers, in which case, you probably need a dedicated circut somewhere anyway. |
#51
Posted to alt.home.repair,alt.hvac
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WHY CONTRACTORS COST WHAT THEY DO
"Bob Pietrangelo" wrote
This was in response to someone complaining about how much a repair cost (HVAC or Plumbing).......... major snip.....I welcome any debate about what I have just said. Good post, Bob. You made many excellent points. I used to try to explain many of the same points you made to customers who questioned my prices... I now say "How much would YOU charge ME to leave your wife and kids at the dinner table or the family room, get in your car, drive to MY house, go into MY basement, and stick your head into MY furnace and fix it??" -- Respectfully, Bob |
#52
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WHY CONTRACTORS COST WHAT THEY DO
"Bob_Loblaw" wrote in message
... "Bob Pietrangelo" wrote This was in response to someone complaining about how much a repair cost (HVAC or Plumbing).......... major snip.....I welcome any debate about what I have just said. Good post, Bob. You made many excellent points. I used to try to explain many of the same points you made to customers who questioned my prices... I now say "How much would YOU charge ME to leave your wife and kids at the dinner table or the family room, get in your car, drive to MY house, go into MY basement, and stick your head into MY furnace and fix it??" -- Respectfully, Bob How about the people who can't spare the 3 minutes it takes to shop vac 20 years' worth of cobwebs and spider eggs off the pipes they want a plumber to work on? |
#53
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WHY CONTRACTORS COST WHAT THEY DO
On Tue, 13 Feb 2007 22:22:10 -0500, "Bob Pietrangelo"
wrote: Please excuse the rambling nature of my post but please read it all. It could lead to some good discussion SNIP This is a very self-serving bunch of information. No customer needs to know any of it. They have a job to be done, and they can choose whomever can do it competently, and at the best price. All of your details are the business of the contractor, and if he can't manage them, then he goes out of business. That is the nature of business. My community has several very competent plumbers, electricians and carpenters who find no need to overcharge. As a result, they get all the business that they can handle. People know that they will be charged a fair price, so nobody hesitates to call them. These guys don't get rich, but they make a very comfortable living. One of them doesn't even have a yellow-pages listing. The word-of-mouth recommendations fill his schedule. ....and you can plonk whomever you wish to plonk. Nobody cares who you plonk. Greg |
#54
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WHY CONTRACTORS COST WHAT THEY DO
"Greg" wrote in message ... On Tue, 13 Feb 2007 22:22:10 -0500, "Bob Pietrangelo" wrote: Please excuse the rambling nature of my post but please read it all. It could lead to some good discussion SNIP This is a very self-serving bunch of information. No customer needs to know any of it. They have a job to be done, and they can choose whomever can do it competently, and at the best price. All of your details are the business of the contractor, and if he can't manage them, then he goes out of business. That is the nature of business. My community has several very competent plumbers, electricians and carpenters who find no need to overcharge. As a result, they get all the business that they can handle. People know that they will be charged a fair price, so nobody hesitates to call them. These guys don't get rich, but they make a very comfortable living. One of them doesn't even have a yellow-pages listing. The word-of-mouth recommendations fill his schedule. ...and you can plonk whomever you wish to plonk. Nobody cares who you plonk. Plonk!! -- |
#55
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WHY CONTRACTORS COST WHAT THEY DO
"Greg" wrote in message ... On Tue, 13 Feb 2007 22:22:10 -0500, "Bob Pietrangelo" wrote: Please excuse the rambling nature of my post but please read it all. It could lead to some good discussion SNIP This is a very self-serving bunch of information. No customer needs to know any of it. They have a job to be done, and they can choose whomever can do it competently, and at the best price. Huh? A customer doesn't need to know that this guy just got his license, is going to use illegal alien subs with no industrial insurance, and has underbid the next contractor by $235,000 to build your house. Customers like that deserve (like you) to get whatever befalls them and their "best price" mentality. Steve Steve |
#56
Posted to alt.home.repair,alt.hvac
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WHY CONTRACTORS COST WHAT THEY DO
Greg wrote
All of your details are the business of the contractor, and if he can't manage them, then he goes out of business. Ummm...that's sort of his point.... My community has several very competent plumbers, electricians and carpenters who find no need to overcharge. Who's talking about over-charging? Were talking about customers who complain about legitimate prices. These guys don't get rich, but they make a very comfortable living. Something wrong with getting rich by choosing to step away from the comfortable, secure, cheque-for-life union job, and putting your home and family life in a precarious position in order to take a chance for a better life? One of them doesn't even have a yellow-pages listing. The word-of-mouth recommendations fill his schedule. Word-of-mouth is great, but even established companies like McDonalds, Home Depot, Wal Mart, etc...still advertise. Think maybe they know something about marketing?? Nobody cares who you plonk. I care! Please post pictures of the one you're plonking! -- Respectfully, Bob |
#57
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WHY CONTRACTORS COST WHAT THEY DO
Bob_Loblaw wrote:
Greg wrote All of your details are the business of the contractor, and if he can't manage them, then he goes out of business. Ummm...that's sort of his point.... My community has several very competent plumbers, electricians and carpenters who find no need to overcharge. Who's talking about over-charging? Were talking about customers who complain about legitimate prices. These guys don't get rich, but they make a very comfortable living. Something wrong with getting rich by choosing to step away from the comfortable, secure, cheque-for-life union job, and putting your home and family life in a precarious position in order to take a chance for a better life? One of them doesn't even have a yellow-pages listing. The word-of-mouth recommendations fill his schedule. Word-of-mouth is great, but even established companies like McDonalds, Home Depot, Wal Mart, etc...still advertise. Think maybe they know something about marketing?? Nobody cares who you plonk. I care! Please post pictures of the one you're plonking! The salesman for a a local radio station was making a call on a hardware store owner. The owner said he had been in the same place for fifteen years and he didn't think he needed to advertise. The Salesman asked him if the church at the end of the block was there when he opened the church being over two hundred years old. The owner said of course it was. Salesman asked why do you suppose they still ring their bell every Sunday. -- Tom Horne |
#58
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Any tricks for getting "contractor" discount on supplies
On Tue, 13 Feb 2007 19:52:19 -0800, "Nathan" wrote:
Unless my electrical guide book is wrong, it says that you consider each outlet as 180 watts and if I recall you are allowed to add 10-12 outlets on one 15A circuit. Every circuit in my house has around 10 outlets and 2 lights. Wouldn't that be against code if I was to add any more circuits? Thats why I keep ranting about room to expand. Depends. Where are you? To the best of my knowledge, the NEC imposes no such limit. Assorted city codes and/or the Canadian code might. Whether you SHOULD add another circut when you're adding outlets depends mostly on why you're adding the outlets in the first place. If you're trying to find a place to plug in a treadmill, I think I'd add a new line. If you're just trying to move a lamp from one end of the couch to the other, why bother? |
#59
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WHY CONTRACTORS COST WHAT THEY DO
On Wed, 14 Feb 2007 14:52:37 GMT, Thomas Horne
wrote: Bob_Loblaw wrote: Greg wrote All of your details are the business of the contractor, and if he can't manage them, then he goes out of business. Ummm...that's sort of his point.... My community has several very competent plumbers, electricians and carpenters who find no need to overcharge. Who's talking about over-charging? Were talking about customers who complain about legitimate prices. These guys don't get rich, but they make a very comfortable living. Something wrong with getting rich by choosing to step away from the comfortable, secure, cheque-for-life union job, and putting your home and family life in a precarious position in order to take a chance for a better life? One of them doesn't even have a yellow-pages listing. The word-of-mouth recommendations fill his schedule. Word-of-mouth is great, but even established companies like McDonalds, Home Depot, Wal Mart, etc...still advertise. Think maybe they know something about marketing?? Nobody cares who you plonk. I care! Please post pictures of the one you're plonking! The salesman for a a local radio station was making a call on a hardware store owner. The owner said he had been in the same place for fifteen years and he didn't think he needed to advertise. The Salesman asked him if the church at the end of the block was there when he opened the church being over two hundred years old. The owner said of course it was. Salesman asked why do you suppose they still ring their bell every Sunday. Wow - THAT was a stupid little irrelevant story .... -- Click here every day to feed an animal that needs you today !!! http://www.theanimalrescuesite.com/ Paul ( pjm @ pobox . com ) - remove spaces to email me 'Some days, it's just not worth chewing through the restraints.' 'With sufficient thrust, pigs fly just fine.' HVAC/R program for Palm PDA's Free demo now available online http://pmilligan.net/palm/ |
#60
Posted to alt.home.repair,alt.hvac
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WHY CONTRACTORS COST WHAT THEY DO
Word-of-mouth is great, but even established companies like McDonalds, Home Depot, Wal Mart, etc...still advertise. Think maybe they know something about marketing?? Different goals. Mcdonalds is prepared to grow infinately. Many contractors are perfectly happy with a 3-year backlog of jobs for them and whatever size crew they're comfortable managing. Not everyone wants to be multinational. |
#61
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WHY CONTRACTORS COST WHAT THEY DO
One of them
doesn't even have a yellow-pages listing. The word-of-mouth recommendations fill his schedule. Word-of-mouth is great, but even established companies like McDonalds, Home Depot, Wal Mart, etc...still advertise. Think maybe they know something about marketing?? Marketing can be over rated. I think I would still go to McDonalds if they did NO advertising. It all depends on your market niche. I was a steel erection contractor. I had the smallest yellow page ad you could get. I was AAA Welding, but they still messed up the alphabet and put me farther back in the listings rather at the first a few times over the years. I targeted the businesses I wanted to have as customers. I realized the size I wanted to grow to. I achieved that, and upon selling the business had 275 apartment projects and companies as steady clients. I can remember getting only one good contact from the yellow pages, that one being U-Haul that I went on to do all their carport repair work for. Most people who called me from the yellow pages were tirekickers, and homeowners who cried when I told them how much I wanted to send a truck, two experienced men and $25,000 worth of equipment to their house for a couple of hours to fix their problems. And their conversation usually started with, "I need you to come finish a job that some unlicensed person flaked out on." Referrals were the best. Good customers referring other good customers. And managers that transferred from property to property, and called me from each. I did a good job. I was on time. I didn't overcharge. I guaranteed my work 100%, and if there was a problem, it was put to the top of the list, and I didn't tell people they had to wait a week. The last year in business myself and one helper had a gross intake of $334k. The man who bought the business went out into all directions of modifications and new services and new things, bigger building, new car for wifey, new trucks, and lasted three years before going bankrupt. He drove a new truck every year, and advertised on TV, something I never considered. Marketing is a great thing if you're selling advertising. Steve |
#62
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WHY CONTRACTORS COST WHAT THEY DO
"Greg" wrote in message This is a very self-serving bunch of information. No customer needs to know any of it. They have a job to be done, and they can choose whomever can do it competently, and at the best price. All of your details are the business of the contractor, and if he can't manage them, then he goes out of business. That is the nature of business. You make a good point. It is the business of the contractor and no one here should ever want to better understand what they are paying for and why they are paying. We should never question authority or contractors. We should never try to gain knowledge. I also thing we should take some of the TV shows off the air that tell us how to do things on our own. Education is evil. |
#63
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WHY CONTRACTORS COST WHAT THEY DO
Yep, I agree that the costs of running a professional business are
very high. That factor along with the fact that the field has an ample percentage of conmen and hacks has given rise to the DIY option. New online HVAC sites are popping up left and right. Some even promote a co-op arrangement where the homeowner does the rough in and they find you a tech. for final connections/checkout. (just like buying your tires at Tire Rack and taking them to the shop for installation and in the process save a bundle). R410A is making this easier by not requiring EPA licenses. (yes venting is still illegal but most systems come precharged). New refrigerant developments with no ODP and no greenhouse gas effect could really accelerate this shift. When you can buy and install the components for $2500 that a contractor normally charges over $10,000 for then the economics will shift an increasing portion of HVAC to DIY. (Throw in $1000 for misc. tools and supplies and it's still a huge savings). The next phase will be when a manufacturer steps up and offers simple lineset connections and strikes a deal with Home Depot and Lowes. (ie precharged/no brazing needed) |
#64
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WHY CONTRACTORS COST WHAT THEY DO
Steve B said:
Last year, I had to pay the big total of $7800 income tax. I drive a $38k new Dodge truck, which I was allowed to totally deduct last year as a business expense. Almost every lunch I eat, all the gas I buy, and every meal I eat at a restaurant goes down as a business expense. Gee, sounds like tax fraud to me. |
#65
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WHY CONTRACTORS COST WHAT THEY DO
"Shaun Eli" wrote in message ups.com... Steve B said: Last year, I had to pay the big total of $7800 income tax. I drive a $38k new Dodge truck, which I was allowed to totally deduct last year as a business expense. Almost every lunch I eat, all the gas I buy, and every meal I eat at a restaurant goes down as a business expense. Gee, sounds like tax fraud to me. Are you a tax expert? Where did you get your training? Do you have a degree? Do you work with the IRS? Are you a tax professional? Go to the library. Check out the book "101 Ways To Save Money On Your Income Taxes." All legal. All will survive IRS scrutiny. There are lots and lots of ways for Joe Six Pack to lessen their tax obligation, but it involves learning the facts, and educating one's self. It also involves keeping good records and understanding when there is an advantage to buy something under the tax structure you fall into. You posted several items that I wrote about. Which one, in particular do you take issue with? Perhaps I can quote the proper tax law that pertains to that issue. If you want to discuss facts, bring it on. Gee Willikers! Steve |
#66
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WHY CONTRACTORS COST WHAT THEY DO
Steve, there are a lot of books written that claim you can reduce or
eliminate your tax liability, and sometimes the authors of those books go to jail. Simply put, a business expense is a business expense if it's genuinely used for business. About the only way you could legitimately write off most of your restaurant meals is if you're a food critic. If you don't use your truck 100% for business, you can write off only the percentage of it that's business use-- and there are, I believe, a couple of ways to do that. But you can't simply say "Gee, since occasionally I drive around to inspect the properties I own, my truck is 100% deductible." And the same goes for gas, and the other stuff you wrote about. If you want to debate the legality of your deductions, sure-- explain to everyone here how each meal you eat truly relates to your business. |
#67
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WHY CONTRACTORS COST WHAT THEY DO
"Shaun Eli" wrote in message ps.com... Steve, there are a lot of books written that claim you can reduce or eliminate your tax liability, and sometimes the authors of those books go to jail. Simply put, a business expense is a business expense if it's genuinely used for business. About the only way you could legitimately write off most of your restaurant meals is if you're a food critic. If you don't use your truck 100% for business, you can write off only the percentage of it that's business use-- and there are, I believe, a couple of ways to do that. But you can't simply say "Gee, since occasionally I drive around to inspect the properties I own, my truck is 100% deductible." And the same goes for gas, and the other stuff you wrote about. If you want to debate the legality of your deductions, sure-- explain to everyone here how each meal you eat truly relates to your business. To do that, I would have to reveal too much personal information. Just let it be said that I am able to eat out a lot, and put it down as a business expense. I deal with a lot of buyers. I deal with a lot of company reps. My truck and expenses are mostly deductible because of the locations of my properties. This year, a vehicle over 6,000# is deductible. I don't know if this is a new thing this year or not. I go to pick up my taxes tomorrow, and I will ask. I pay a CPA to do my taxes each year, and that person is "creative" in doing them, yet does NOT take anything that is not within the law. She also advises me of things to do, not to do, or change for the upcoming year to avoid pitfalls. She stays current on the changing tax laws. She works in the same office as my CFP, so they can huddle on most every matter. I do pay for this service. I'd just rather pay a CPA good bucks for good advice rather than paying the IRS taxes that are not necessary. My point is that every person can probably pay less taxes if they would just either educate themselves, or have a professional who can give them good counsel. Steve |
#68
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WHY CONTRACTORS COST WHAT THEY DO
You said you deducted ALL your gas, ALL your meals, all of your
truck... the general guideline is whether your meals and travel are actually business-related. If you occasionally hire your friend, and you two eat out five times a week, those meals aren't really a business expense. But I'll leave it between you, your accountant, the IRS and possibly a judge and jury. |
#69
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WHY CONTRACTORS COST WHAT THEY DO
"Shaun Eli" wrote in message oups.com... You said you deducted ALL your gas, ALL your meals, all of your truck... the general guideline is whether your meals and travel are actually business-related. If you occasionally hire your friend, and you two eat out five times a week, those meals aren't really a business expense. But I'll leave it between you, your accountant, the IRS and possibly a judge and jury. **** that. I take ski trips, vacations....Everything. It's all perfectly legal..... Mostly. |
#70
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WHY CONTRACTORS COST WHAT THEY DO
"B-Hate-Me" wrote in message
... "Shaun Eli" wrote in message oups.com... You said you deducted ALL your gas, ALL your meals, all of your truck... the general guideline is whether your meals and travel are actually business-related. If you occasionally hire your friend, and you two eat out five times a week, those meals aren't really a business expense. But I'll leave it between you, your accountant, the IRS and possibly a judge and jury. **** that. I take ski trips, vacations....Everything. It's all perfectly legal..... Mostly. This is hilarious. Yesterday or the day before, I ran across a news article about how our esteemed swine in Congress have found yet another way to get around the toothless laws they passed regarding money and gifts from lobbyists. It's OK for Lockheed or Exxon to give Senator Blowhard to Tahiti, to discuss terrorism with various hotel bartenders. Meanwhile, someone in this newsgroup will post probably another fourteen dozen messages, bitching about your tax deductions, all of which are permitted, but are buried in a big fat book. Too bad libraries are so hard to walk into, ya know? And those books.....full of sharp edges and germs. |
#71
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WHY CONTRACTORS COST WHAT THEY DO
"Shaun Eli" wrote in message oups.com... You said you deducted ALL your gas, ALL your meals, all of your truck... the general guideline is whether your meals and travel are actually business-related. If you occasionally hire your friend, and you two eat out five times a week, those meals aren't really a business expense. But I'll leave it between you, your accountant, the IRS and possibly a judge and jury. Now, next, if you would like, I can give you medical advice and opinion based on my current health, conditions, treatments, and prescriptions. That would make as much sense as me giving out tax advice to people based on MY particular situation. As I said, a CPA does my taxes, and IIRC, that will be $1600 this year. For that, I have a contract that says they will go with me to any audit, or answer any questions on how they arrived at their totals, and will pay any additional charges by the IRS. Now, let's move on to the medical, shall we? Steve |
#72
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WHY CONTRACTORS COST WHAT THEY DO
"B-Hate-Me" wrote in message ... "Shaun Eli" wrote in message oups.com... You said you deducted ALL your gas, ALL your meals, all of your truck... the general guideline is whether your meals and travel are actually business-related. If you occasionally hire your friend, and you two eat out five times a week, those meals aren't really a business expense. But I'll leave it between you, your accountant, the IRS and possibly a judge and jury. **** that. I take ski trips, vacations....Everything. It's all perfectly legal..... Mostly. It's available to everyone. It's just that most people won't take the time to find out, or can't grasp the information. Ski trips? I think I will have the next corporate session at a ski resort. Steve |
#73
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WHY CONTRACTORS COST WHAT THEY DO
"Shaun Eli" wrote in message oups.com... You said you deducted ALL your gas, ALL your meals, all of your truck... the general guideline is whether your meals and travel are actually business-related. If you occasionally hire your friend, and you two eat out five times a week, those meals aren't really a business expense. But I'll leave it between you, your accountant, the IRS and possibly a judge and jury. Uh huh.... and just exactly how long have you been in business?? are you incorporated?? or a sole propriator?? how many times have you been audited by the IRS?? by your state tax commission?? Before you spout a bunch more crap, maybe you should walk a mile in out shoes?? |
#74
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WHY CONTRACTORS COST WHAT THEY DO
"JoeSpareBedroom" wrote in message ... "B-Hate-Me" wrote in message ... "Shaun Eli" wrote in message oups.com... You said you deducted ALL your gas, ALL your meals, all of your truck... the general guideline is whether your meals and travel are actually business-related. If you occasionally hire your friend, and you two eat out five times a week, those meals aren't really a business expense. But I'll leave it between you, your accountant, the IRS and possibly a judge and jury. **** that. I take ski trips, vacations....Everything. It's all perfectly legal..... Mostly. This is hilarious. Yesterday or the day before, I ran across a news article about how our esteemed swine in Congress have found yet another way to get around the toothless laws they passed regarding money and gifts from lobbyists. It's OK for Lockheed or Exxon to give Senator Blowhard to Tahiti, to discuss terrorism with various hotel bartenders. Meanwhile, someone in this newsgroup will post probably another fourteen dozen messages, bitching about your tax deductions, all of which are permitted, but are buried in a big fat book. Too bad libraries are so hard to walk into, ya know? And those books.....full of sharp edges and germs. And, as most newsgroup people would write, "Their so hard to reed, two." Priceless. Steve |
#75
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WHY CONTRACTORS COST WHAT THEY DO
On 14 Feb 2007 19:18:20 -0800, "Shaun Eli"
wrote: Steve, there are a lot of books written that claim you can reduce or eliminate your tax liability, and sometimes the authors of those books go to jail. Simply put, a business expense is a business expense if it's genuinely used for business. About the only way you could legitimately write off most of your restaurant meals is if you're a food critic. If you don't use your truck 100% for business, you can write off only the percentage of it that's business use-- and there are, I believe, a couple of ways to do that. But you can't simply say "Gee, since occasionally I drive around to inspect the properties I own, my truck is 100% deductible." You wouldn't be allowed to deduct the whole thing in one year, anyway. I'd have to look it up, but I'm pretty sure that vehicals depreciate over either 5 or 7 years. |
#76
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WHY CONTRACTORS COST WHAT THEY DO
"Goedjn" wrote in message ... On 14 Feb 2007 19:18:20 -0800, "Shaun Eli" wrote: Steve, there are a lot of books written that claim you can reduce or eliminate your tax liability, and sometimes the authors of those books go to jail. Simply put, a business expense is a business expense if it's genuinely used for business. About the only way you could legitimately write off most of your restaurant meals is if you're a food critic. If you don't use your truck 100% for business, you can write off only the percentage of it that's business use-- and there are, I believe, a couple of ways to do that. But you can't simply say "Gee, since occasionally I drive around to inspect the properties I own, my truck is 100% deductible." You wouldn't be allowed to deduct the whole thing in one year, anyway. I'd have to look it up, but I'm pretty sure that vehicals depreciate over either 5 or 7 years. I thought so, too. But last week, when we met, the CPA asked questions about this previous year. One was if we had purchased a business vehicle that was over 6,000# in weight. I, too, expected it to be depreciated. We paid cash, so maybe that is the difference. As I said, we are leaving in an hour or so to go pick up the papers, and I shall ask. Perhaps it may help someone with their tax burden this year. That is, IF anyone here (excluding the few open minded individuals we already know) are interested in paying less in taxes. Legally, and not by evading, or doing anything that the IRS would not normally allow. Just the facts, Maam. And nothing against you, (for I know you are an above average intelligence poster based on your past posts) but I hate words like, "should", and "I'm pretty sure", and "maybe", especially when applied in financial, medical, or critical situations. I'll post this evening after my appointments are completed. Taxes ..... business ....... doctor ........ Oh, yeah. I may take my CPA to lunch. Business, you know ............... ;-) Steve |
#77
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WHY CONTRACTORS COST WHAT THEY DO
"Steve B" wrote in message
... "Goedjn" wrote in message ... On 14 Feb 2007 19:18:20 -0800, "Shaun Eli" wrote: Steve, there are a lot of books written that claim you can reduce or eliminate your tax liability, and sometimes the authors of those books go to jail. Simply put, a business expense is a business expense if it's genuinely used for business. About the only way you could legitimately write off most of your restaurant meals is if you're a food critic. If you don't use your truck 100% for business, you can write off only the percentage of it that's business use-- and there are, I believe, a couple of ways to do that. But you can't simply say "Gee, since occasionally I drive around to inspect the properties I own, my truck is 100% deductible." You wouldn't be allowed to deduct the whole thing in one year, anyway. I'd have to look it up, but I'm pretty sure that vehicals depreciate over either 5 or 7 years. I thought so, too. But last week, when we met, the CPA asked questions about this previous year. One was if we had purchased a business vehicle that was over 6,000# in weight. The weight - that's a clue. There was a stupid deduction for big trucks - not sure if it was phased out. The law was purchased by the auto industry. There may still be remnants of it. |
#78
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WHY CONTRACTORS COST WHAT THEY DO
"Goedjn" wrote You wouldn't be allowed to deduct the whole thing in one year, anyway. I'd have to look it up, but I'm pretty sure that vehicals depreciate over either 5 or 7 years. Look up Section 179. Yes, you can deduct the whole thing in one year if it is over 6,000#. BUT, when you sell the vehicle, the value of the vehicle at time of sale has to be determined, and compared with the depreciation schedule to see if you get charged back for some of the original deduction. Just got that from the CPA today, and I'm "pretty sure" of that. She used to work for the IRS. Steve |
#79
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WHY CONTRACTORS COST WHAT THEY DO
"JoeSpareBedroom" wrote The weight - that's a clue. There was a stupid deduction for big trucks - not sure if it was phased out. The law was purchased by the auto industry. There may still be remnants of it. Just got back from the tax lady. IRS Section 179 governs this, and it is in full force and effect. It is not a new law, either. Of these things I am "sure." Steve |
#80
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WHY CONTRACTORS COST WHAT THEY DO
"Steve B" wrote in message
news "JoeSpareBedroom" wrote The weight - that's a clue. There was a stupid deduction for big trucks - not sure if it was phased out. The law was purchased by the auto industry. There may still be remnants of it. Just got back from the tax lady. IRS Section 179 governs this, and it is in full force and effect. It is not a new law, either. Of these things I am "sure." Steve OK. I'm vague on this, but there was chatter about changing the tax law, eliminating vehicles which are clearly recreational, only purchased by neurosurgeons for their children. Like Hummers. It was the subject of lots of buzz last year, when gas prices were ramping up. |
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