Adam Sand breaks down why unpaid roofing jobs cost way more than lost profit. Factor in chimneys, flashing, gutters, landscaping protection, and a typical $15,000 job value to see the real damage when homeowners don't pay.
When we get down to collecting money, it's important to think of first, what is the cost of an unpaid job? Because sometimes we just think of it as the lost net profit. So if you look at a house like this, like, how much does this roof cost? So, yeah, everybody's going to have an answer. And the more we know about this, the more we know what it could cost, right? Because we have to think, what do we have to do with the chimney? There is these cornice returns. How much time does that take? When we think, here we've got all these flower beds that we have to deal with and protect. And then right here, it doesn't look like there's any gutters. That's me dripping right here on the concrete. What's the flashing look like against the wall? So when I ask everybody how people say the average of the room is around 15,000, what happens if they don't pay? Now, I'm a roofing company as well, so I know how this feels. The first thing that comes into mind when they don't pay for the roof, after you're done, you're like, fine, I'll take it back. I used to actually devise this idea in my head of taking an old truck and deckling it up as pay me later roofing. And then I would take that truck, drive to their house, and start ripping the roof off. If they didn't pay me, then I had to think, well, we have to have better ways of collecting money.
