Kitchen and bath remodel’s are usually very large jobs. An average remodel will cost anywhere from thirty to sixty thousand dollars depending on materials. If you don’t give the contractor some idea of what you want to spend, you will create a frustrating process for both of you. If you feel you can’t trust your remodeling budget with a contractor then how will you trust a $40,000.00 remodel on your biggest asset?
How to pay for a remodel without a loan: When you can’t qualify for a loan and you don’t have the cash, try these 6 tips to fund your remodel. Source: How to Pay for a Remodel Without a Loan | Home Improvement Advice When you can’t qualify for a home equity line and you don’t have the cash to pay for remodeling, try these 6 tips to get the money you need. When your kitchen is screaming for quartz countertops but your wallet is yelling laminate, your home can be a great source for generating the income you need Read more »
Do you sub out your work?
It is a very simple question but the most important. There is a definite market for subcontractors in the St. Louis area and people are building companies without employing one single person. What does this mean to homeowners?
Sales companies who sub out all of their work have a different set of rules when it comes to liability and control of the job-site.
The IRS and the Missouri Department of Revenue have a very clear set of guidelines when it comes to the difference between a subcontractor and an employee.
By definition of Missouri and Federal law a subcontractor must adhere to the following guidelines:
A sub supplies all of their own tools, equipment, and materials.
A sub makes their own hours and answers only to themselves.
A sub works for many different contractors and has a heavier workload than an employee. Often subs have many different jobs at one time.
A sub decides how much to charge instead of receiving a set amount of pay.
A sub supplies their own insurance. This includes workers compensation and liability.
A sub can easily slide people in and out of jobs without documentation and pay cash.
A sub can place a lien on your property if the general contractor does not pay them for the job they did, even if you already paid the general contractor.