09-18-2014, 03:31 AM
So I finally got around to sitting down and calculating the hours I work, and the estimated rents and utilities for my area.
The first estimate for just what I regularly do, none of the extra stuff like care-giving, building retaining walls, etc)
At minimum wage last year I was earning $1152.19 a month.
The median cost for a house per square foot in my area is 0.88 per square foot. (I live in a 450 square foot trailer) so estimate (without adjusting for the fact this place has wheels):
$ 396.00
Utilities, which is a tricky dick of a situation to calculate. Ranged from 121 to 200.
Assuming I actually use that much electricity and water and stuff (I don't because elves = green you see), then rent and utilities should fall around 596.00, round it up to $600.00 a month.
So I work and earn a potential income of around 1152 a month, and I pay 150 per month for rent and 76 for propane.
So I am paying $1378 a month to live in a place worth $600 a month.
So if you all need a really, really good tenant who clearly loves to pay more than double for the space he rents, look me up - clearly I'm that stupid.
Oh and it gets worse.
There have been extras the past year:
Extra work beyond regular yard care: 1539.00
Care-giving maid service: 7110.00
Mind once again those calculations are based on minimum wage ($9.00), for instance I did not include my years of experience and skills when calculate the cost to remove the old retaining wall and build a new one.
I can easily fetch $15.00 an hour standing in front of home depot to be a day laborer for that extra work.
Maid service, care-giving prices are a bit higher.
Then we come to the just being here and on the property - so called house sitting where I don't actually have to do anything.
It ranged from 25 to 50 dollars a day for 24 hr 'service'.
From the time Bob went into a care facility until August 31 (I haven't calculated this month yet):
House sitting:
min (25/day): 6,175.00
max (50/day): 12,350
Average: 9262.50
Just going the lowball estimate, based on minimum wage and average pay per hour for a house sitter,
I have worked for about $17,911.50 on top of the over double rent I pay.
And by the way, this all does not include the 6 hours a day 5 days a week that I spend with the watering of this property.
If I charged flat out per hour (minimum wage $9.00 per hour) its only $270 a week.
Since I pretty much do it year round, which is 52 weeks a year..... never guess what that adds up to.....
$14,040.00 per year if all I did was just water at minimum wage. Granted most of that is sitting around waiting for about an hour before going back to move hoses, turn on and off faucets - but those hours I can't actually leave the property and do anything else off the property.
Typically I'm doing other stuff (pulling weeds, mowing, blowing, etc) whilst water is running.
So I have no idea what to charge in actuality for the watering... but I bet its a far cry less than the price to install an automatic sprinkler system....
So I need to confess that yes, I am that stupid - in fact I'm so stupid I can go 17 years paying over double for rent and utilities.
That is epic stupid.
I need a drink... no I need a lot of drinks.
The first estimate for just what I regularly do, none of the extra stuff like care-giving, building retaining walls, etc)
At minimum wage last year I was earning $1152.19 a month.
The median cost for a house per square foot in my area is 0.88 per square foot. (I live in a 450 square foot trailer) so estimate (without adjusting for the fact this place has wheels):
$ 396.00
Utilities, which is a tricky dick of a situation to calculate. Ranged from 121 to 200.
Assuming I actually use that much electricity and water and stuff (I don't because elves = green you see), then rent and utilities should fall around 596.00, round it up to $600.00 a month.
So I work and earn a potential income of around 1152 a month, and I pay 150 per month for rent and 76 for propane.
So I am paying $1378 a month to live in a place worth $600 a month.
So if you all need a really, really good tenant who clearly loves to pay more than double for the space he rents, look me up - clearly I'm that stupid.
Oh and it gets worse.
There have been extras the past year:
Extra work beyond regular yard care: 1539.00
Care-giving maid service: 7110.00
Mind once again those calculations are based on minimum wage ($9.00), for instance I did not include my years of experience and skills when calculate the cost to remove the old retaining wall and build a new one.
I can easily fetch $15.00 an hour standing in front of home depot to be a day laborer for that extra work.
Maid service, care-giving prices are a bit higher.
Then we come to the just being here and on the property - so called house sitting where I don't actually have to do anything.
It ranged from 25 to 50 dollars a day for 24 hr 'service'.
From the time Bob went into a care facility until August 31 (I haven't calculated this month yet):
House sitting:
min (25/day): 6,175.00
max (50/day): 12,350
Average: 9262.50
Just going the lowball estimate, based on minimum wage and average pay per hour for a house sitter,
I have worked for about $17,911.50 on top of the over double rent I pay.
And by the way, this all does not include the 6 hours a day 5 days a week that I spend with the watering of this property.
If I charged flat out per hour (minimum wage $9.00 per hour) its only $270 a week.
Since I pretty much do it year round, which is 52 weeks a year..... never guess what that adds up to.....
$14,040.00 per year if all I did was just water at minimum wage. Granted most of that is sitting around waiting for about an hour before going back to move hoses, turn on and off faucets - but those hours I can't actually leave the property and do anything else off the property.
Typically I'm doing other stuff (pulling weeds, mowing, blowing, etc) whilst water is running.
So I have no idea what to charge in actuality for the watering... but I bet its a far cry less than the price to install an automatic sprinkler system....
So I need to confess that yes, I am that stupid - in fact I'm so stupid I can go 17 years paying over double for rent and utilities.
That is epic stupid.
I need a drink... no I need a lot of drinks.