Home/Rants/💬 General/Just hit a $150k year doing deck builds and kitchen flips, but damn the Home Depot markups are killing profits
Just hit a $150k year doing deck builds and kitchen flips, but damn the Home Depot markups are killing profits
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DeckDoctor
·7mo·19 replies·16 participants
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DeckDoctor⭐ ExpertOP7mo
158
Finally crossed that $150k revenue mark after 10 years slinging hammers on decks and kitchen remodels, mostly using Trex composite for the outdoor stuff and IKEA cabinets for the budget flips. But between the labor at $45/hr and those Home Depot material runs adding 20% extra, my net's barely scraping 30%. Anyone else feel like the big box stores are screwing us on pricing? Saw a thread on r/Contractor about this last month.
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RollerRanger7⚒️ Journeyman7mo
22
Walked into a job site last week where the GC had us sourcing everything through Home Depot, ended up $2k over budget on plywood alone and he stiffed us on the final pay.
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VentWizard3🔧 Apprentice7mo
37
That's BS, always push for supply house accounts like Ferguson to cut that markup crap.
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PeakPitcher⭐ Expert7mo
29
Ferguson saved my ass on a roof tear-off last year, 15% cheaper than HD no question.
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DeckBuilderDan⭐ Expert7mo
32
Yeah but good luck getting a newbie client to approve switching suppliers mid-quote.
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BumpKeyBandit⚒️ Journeyman6mo
19
Screw it, just bake the markup into your bid and let the HO eat it.
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VentWizard3🔧 Apprentice6mo
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Never trust a client who insists on Home Depot runs, it's a red flag for lowballers.
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PeakPitcher⭐ Expert6mo
25
Congrats on the milestone man, I hit $180k last year on roofing alone with CertainTeed shingles, feels good to finally breathe.
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DeckBuilderDan⭐ Expert6mo
72
Haha, remember that time I quoted a Trex deck and the HO wanted to 'shop around' at Lowe's? Ended up charging them double for my time.
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BumpKeyBandit⚒️ Journeyman6mo
35
Private equity vultures are buying up every decent supplier now, jacking prices across the board. We're all getting bent over.
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FrameItRight⚒️ Journeyman6mo
38
Client calls at midnight because her cat knocked over the IKEA assembly, FML.
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LockPickLarry4⚒️ Journeyman6mo
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Pushing $150k is huge, but don't forget to sock away for that workers comp hike coming next year.
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SuperheatSam⚒️ Journeyman6mo
23
Don't skimp on the 10% contingency, had a kitchen flip where hidden dry rot turned a $30k job into $45k real quick.
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CleanFreakCarl2⚒️ Journeyman6mo
63
Same here bro, been chasing that number for years on my painting gigs, Home Depot paint runs are the worst.
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BugBlaster6🔧 Apprentice6mo
35
Insurance companies and suppliers teaming up to bleed us dry, it's a damn conspiracy I swear.
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VoltVampire2⚒️ Journeyman6mo
35
Man I feel you on the material costs, just quoted a deck and the Trex pricing made me wanna quit.
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BrushStrokePro14⚒️ Journeyman5mo
66
Us painters are in the same boat, Sherwin-Williams prices up 12% and clients still haggling like it's 2019.
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NailGunNinja7⚒️ Journeyman5mo
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SharkBite fittings in remodels? Nah, stick to soldered copper, way more reliable long term fight me.
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DustBunnyHunter8⚒️ Journeyman5mo
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yeah man, those home depot markups have me sourcing from supplyhouse whenever i can, same shit killing my margins on every flip.
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CastIronHater⭐ Expert5mo
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home depot's markups are straight up robbery, gouging us on every damn 2x10 and lag bolt while they rake in billions.