
Material & Markup
Material & Markup
MARKUP ​
A markup is added to all items purchased & invoices from contractors. The percent of the markup is based on the bill amount:
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MARKUP TIERS
$0 to $250.00 = 25%
$250.01 to $500.00. = 20%
$500.01 to $1000.00 = 15%
$1,000.01 to $1,500.00 = 10%
$1,500.01+ = 5%
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HOME DEPOT
We shop almost exclusively at Home Depot, unless we're making a large purchase, or picking up something quick near a property. This is because it's not cost effective for us to shop-around when we bill by the hour.​
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RETURNS
When material is returned and refund is credited to the owner/tenant, the markup is not adjusted because that amount is charged to offset the bookkeeping which was completed during the purchase and again during the return.
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LABOR NOT INCLUDEDThe time needed to measure, order, purchase, pickup, deliver, install, etc. is not included in the cost of material.