Payment options

Whitey97

ouch, if he wants, I have a number for one that's way cheap.

muddermankc

17 days till i get big draw on job, trying 2do these small jobs for cash flowage but i have to be at the damn apts all the time. Now they tell me thyre pouring the floors on thursday and friday so we have to haul all our stuff off a floor that is only taped so the so important floor guys can come do their work, now i understand that pouring this gypcrete is a pretty big deal and a big operation, but it always seems that the drywallers are called on to catch a job up, or that we can double our time to help everyone, im just crying. peace 17 days

Whitey97

Don't make me come down there and show you how to tape!

Darren@Partners

I think he's hosed if he signed a lease. Worse yet I see the Apple Iphone "has an app for that". The wife has been after me to try one. Maybe my next phone, but only if they get down under $200 or so.

Mudderman, feel ya on that gypcrete, but a GC that'll do that to you also will F### you on your draw. Those gypcrete guys etch their schedule in stone and the GC knows it and should make sure you know it too. Are they throwing you stumbling blocks or are you having performance issues? I was by that job last week and kind of looked for you, what do you drive? I didn't see any KS plates with the DW vehicles.

cody k

I usually get paid after the job is done and i get it in a check

A+ Texture LLC

I usually get paid after I stab the customer in the neck and go through their droors. Steal the cars, empty the accounts and steal their identity. Hey guys my new name is Chuck and apparently I'm from Alabama. You need any work done? I have prices to die for.

Whitey97

DP's gonna steal it from you! watch your a$$ mudderman!

Darren@Partners

Naw, just wanted to see if he needed spray help. The big rig been pretty idle...

Custom Drywall Svc.

hah, the easiest way i keep track of how 'busy' i am....

is how often i see the spray rig leaving the office parking lot.

well, it left my parking lot this morning, ill tell u that much.......and it wont leave again until the middle of next week.



......thats pretty bad, being it used to be so busy, i would rarely catch a glimpse of the stupid rig at my office.

sigh.

19Riggs88

For remodels and additions through the homeowner I always get 50% upon signing the contract and the remainder the day I finish the job.

5 builders in which I do all their houses I never even have a contract. They call me with an address when the house is ready for me sometimes a couple days prior. I go in and do the job and as soon as I am finished I meet them at their office with wet paint on my shoes and a bill in my hand and they cut me a check on the spot.

1 building company in which I only do half of their houses (30/60yr) I never have a signed contract for either. Same thing they call with an address and I show up with a bill at their office. Except the date they receive my bill it is entered into their computer and automatically 30 days later the computer prints out a check. (Don't ask)

Builders that ask me to do a house that I don't do regular business with I always have a contract.

Not sure how things ended this way around my area but most builders seek out the hangers seperate and I go in and just Tape, Texture, and Paint...guess I don't mind and haven't had the desire to take on the hanging too. Perhaps if I had to invest in rock I would be more inclined to get some up front with a contract.

silverstilts

Some contractors i will get money up front that is if i go out on a limb and buy thousands of dollars in Sheetrock for there job it is only fair.... Not to mention the fact Do you think the General Contractor will start a job without some Cash up front ?? No they do not it would be stupid that they would do this , one job and they could be out of business..... I do though if just taping don't mind taking my pay in full at the end , unless it is a big job that i have to carry for a few weeks then i insist on a contractors draw , which most seem to think is more than fair.... On the other end is a typical home owner , whether you want some money up front or not You can really get a good feel by seeing there reaction when you list it in your contract or verbal that you need a down payment, what kind of response do you get from them will tell you if you will receive your money in full when you are done. It is always nice to get something to start . Nothing worse than not getting paid for your work and what is far worse than that is buying material for some one else and then not getting paid.... I have seen homeowners build homes for free by knowing loop holes in the laws and yes they can seem to live and justify doing it ... some food for thought. Can You Afford To Bank Roll Somebody Else's Project ??? If you can just send me your money

silverstilts

Just thinking that most bigger jobs the GC usually will bill out there invoices once a month and ours usually are include in there invoices so that means we can be at there mercy since most have a 30 net to get paid and then they in turn can pay us kinda sucks , but it the GC is on the ball they usually can take care of us right away ... The trick for a GC is working on other subs money instead of there own so that they don't take any risks.. its the nature of the beast.

19Riggs88

Now that I'm on my own these are some good insights on how to do business with builders on the big projects. Perhaps state clearly in the contracts an actual pay schedule. I would like to learn a little more on how ALL GC's get draws on ALL types of projects and the norm for them paying their contractors to help me with the payment negotians. Plus this would help me know when and how I can pay my subs (or more hourly employee's) if I want to take a big step up.

silverstilts

The very best way is to ask other subs.... they will tell you that is other subs working for the GC... they will let you know how fast or slow they pay , and if you happen to run across a bunch of new subs that should tip you off that he may not be the best guy to work for must be a good reason like non-payment or very slow . sometimes you just have to trust your instincts and gut feeling , usually works for me .

JoeMudder

Paypal charges the vendor. The funds remain in your paypal account and you have the option to transfer them to your bank account.

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Darren@Partners

I see. So just as a credit card machine the vendor pays... But you have to take an extra step to see your money go into the operating account. BTW the iphone CC app is a one time $40 dollar cost + the 2.5%. I think in June, a new iphone is coming out. Am waiting til then to get one. Pretty much everybody has a CC, some people have never heard of paypal.

JoeMudder

There are countless services out there that you can go through to accept credit cards. You can even do it through QuickBooks if you have that. There's probly other accounting software that can be used as well. In most cases there's a monthly fee to be involved with the service. Some may even charge per usage, just depends.

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Darren@Partners

We use Quickbooks Pro in the office, but was toying with the idea of being able to process CC's in the field without wi-fi concerns. The iphone(which I've never been a fan of on account of price) coming out in June is supposedly going to be ATT upgradeable. Meaning I should be able to get it using my credit accrued (for not having replaced my existing phone for 2+ years) and save some dough.

JoeMudder

I have a WWAN device on my laptop that allows me to be online in the field. It would work for those who want to accept credit cards in the field also. Another option, although I don't know if they have these any longer, is a modem that plugs into your cell phone that the laptop plugs into and allows you to get online via a dialup connection. But personally, I recommend the WWAN for convenience and speed since it's a broadband connection. I've been out in areas where you can't even pick up a hot spot and my WWAN gets me online. You can find them through various venders. I just walked into a Walmart and got mine but I'm sure there are other places where they are available also.

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Darren@Partners

Maybe a time will come (probably sooner than later) that I will be forced to carry the laptop in my truck, but if I can process CCs with a cell phone instead, I'm thinking that's just one battery to keep charged.